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<br /> THYS Ii�STRU{1ENT C0�lS'FITIl�ES A T 90000084 �� !
<br />... C014STRUCTION SECURITY Iti1'EREST UND �������us �
<br /> THE NE,BRAS4CA CONSTRUCTION L7kN AC�'��!'c¢�B'asiue Ad�e Cl�asaD
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<br /> ', OCTOBI'sR 18, 7 995 C--�
<br />" <�• Il. IDA'Y'�ANID PE1R1��.Th�date of this Dee�Q�'tii'xust(Security Insuw�c�rt�2y is.........».........».._..................-...�....-»
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<br /> �`; aa�th�parties,iheir addresses aud t�x identifi�4ia3 n�imhe�,if mquic2d,a��fcru9a� _—
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<br /> :'�;:`�� GRANa��t: TRAFALGAR IN1lES7MENT. L.L.C., A � LIR'�..�'`�� ��t37�1Ph��U°Y G-_
<br /> r�` TRAFALGAR IN4$S3'MBNT, LLC BY CINDY ;� THIB��, t��iTs�u.�n�NT f4 CHAk�.�� �
<br /> �r,f�� tZ WaNKLER, SSCRETARY � �-�'
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<br /> � �Q�$ W STOLLEY PARR YtD, GRAND ISLAN�, NE �5�a03
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<br />-`'<<i�- (71f c�e+�sed.refer w the attache�l�ddendum iacorporated herein,for additional Grantois.t&eir sigaa2�s�fl --=
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<br /> acimowted�nnneats.
<br /> :��:i TRUSTEE: .
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<br /> ,;?�', � EARL D. AHLSCHWBDE, ATTORNEY =
<br /> P.O. BOg ?3Q0, GRAND FSLAND, I3B b8802 �;:-
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<br /> � LENDER �
<br /> �:`:� THS BQUI�.r�BLB BUILDING AND LOAN AS�OCIATION
<br /> OF GRAND ISLAND. NEBRASRA� A FEDERA�, SAVINGS �ANR �
<br /> P.O. BOX 160, GRAND ISLAND, NE 68802 --
<br /> . . 2. CONVLYAPICE.For good aad valuabte wnsideratiou,the receipt and suffictency of which is acicaowIedged,ansl _
<br /> to secure t�e Secured Debt(defiaed belo,v)and Cnanto�'s performance�der tdvs Security Instrument,Grnntor �
<br /> irrevocably gants,c�veys end se11s to Tnutee.in tn�st fos the beaefit of Lender,with pawes of sate.the following -
<br /> �,.��� descriDed property: _�
<br />`�:;, ' LOT TWO (2�, BLACR TWt? (2). TRAFALGAI� SQUARE SUBDIOISION, HALL _
<br /> �'-"6 ` ' � C�UNTY, NEBRASKA.
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<br /> `., �` The Praperd5'is 1oc2�_d in..............HALL.......... .. ..............................:..... at ......�........................__.....................
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<br /> z;�;t r (CouatY) _
<br /> ;���y�. 300Q..1� STOLLEY..PARR..RD .�.. .GRAND�ISLAND .................._. Ne6a:rsaa..68803 . .�.......
<br /> 4 ^ ........ e....... ......�i�.".�iesgj........ ......... .., ............... .........�.�..�tY). .., .........�T.IPCodcj..
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<br /> :;�;y�r Ta$et�r witb a11 ri�,s�5::�..easements,appurtenancr.s.royalties,mineral dgul:s,.�il and gas rig6ts,all water aad riparian
<br />��ii;,;�'�. . rigJ��,�,i1�lsea,end vs,¢:�:stock and all existing�future improvements,.�,�tsuctures�fixtures,aad replacements thai
<br /> ���[;'�a� may nnaq„�ar at any time in the fuq�re,be part of the real estaic rlescribe��:Irove(all referr�d to as"Property").
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<br /> ` 3, MA�YIEYtiJii9 O$LiGATIOx��` �e 4ota1 principal amn�ute secured by this Secu�ity Iastrument at any one tim�c
<br /> ' shall noi exceed$....:.�......3Y"r..a��.:`.:0••,•••••....................T�nis IimitatPrnr�f amount does not incl�de interest and
<br /> other rees and charges validly made pursua�t 1�� this SecuFity instrum:.nL ALso,this limitation daes not appty to _
<br /> �'�, advances made uader the terms of this Security Instrumeat t�protect Lender's security and to perform any of the _
<br /> covenants contained in this Security Instrument f
<br /> 4. SECURED DEII'D AND I�U'D'URE ADVANCES.The term"Secured Debt"is defined as follows: -�
<br /> A. Debt inc�ured under the terms of all promi.�ory note(s),uontract(s),guaranty(s�or other evidence of debt descn'bed �'
<br /> . belo�v and all the'v extensions,renewals.aiadifications or substitutions. (When refe�encing!he debts beto�v it is �
<br /> suggested dtat yot�incicrde items sud�ns borrox+ers'nn�nes,aate amounts,inte�est rates,ataruriry dvte�etc) _
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