|
_ •`� 'i� . _ _ - - . v,�
<br /> _, _ . t;s�
<br /> , •��_ , ' _ ___ _T_'�_U _�__ i _ .. .. v - — Y -- - .
<br /> •jt f• �'. • � _ • ''f ��C
<br /> � ,. 'C` ,.( �1.1"GL •`'t . .. t . C ...�s� r_��_..r.__... L �i { f '
<br /> _'2 . \_• ���' � ' _
<br /> - . !.".. �:.
<br /> (. ' . •
<br /> � ; , t `.�4.tt � � 'E '�. �t`-. '" _
<br />_.,(1_ `-_ " ' "_ ' � . � � � � .. < �' u— _.
<br /> � � � w �'s: .. ;.
<br /> °c n � '° �
<br /> ` � � .�',;--
<br /> `--- --- �---;�r � �ii .Q � � rn . �y�. ..
<br /> . , � � � � �--� a �+ ( � �
<br /> a .� � " � .7 � S rn o � ���:� .`_;..
<br /> 4• , �.� � ;� 3 rr- n d � ,<<. � .. .�...
<br /> - , .-R � .
<br /> , �,.�< � !"° ¢ � p �i. ,.
<br /> •- -� - � ...�.. � ' s - __
<br />_ . , . . .. � O N � � .
<br /> . . ` . Acd.PIo.3216678 v' '
<br /> _:i�
<br /> .. "
<br /> l- _ . � ' - : ,. . ."
<br /> ,� ` D�D OiF TRIJSY A�D AgSIG�91tt1E6UT O� EiEtVTS � . . . �
<br /> , ;
<br /> n u!
<br /> ?� e � �-,''•�.F
<br /> ' NO�TI�E: 'I'filS DEID OF TRUST SHALL CONSTITUTE A CONSTR[JCTION SECURITY AGREEMEN'I' ��� ��:„� . �.,:,:--
<br /> ,4� ,
<br /> `� WTTHIIV THE MEANII�G OF THE NEBRASKA CONSTRUCTION I.�N ACT IN THE EVENT THE AMOUNTS ADVAPICED� . .,.; �-` �;.: _.:
<br /> . : �'-; .� UNDER'IT�LINE OF CREDTf ARE USED TO FIIVANCE IIViPROVENIENTS TO THE PROPERTY DFSCRIBID IN THIS O. `.s�---
<br /> �, . � q1�
<br />-�:��.� . DEED OF TRUST. o ?.. , , . --.
<br /> �• ��• . . -;>,.—
<br />�t.�''� T�S DEED OR TRU�AND ASSIGNMENT OF REN�S,as the same may be ienewed os enteaded{°Deed of _
<br /> �: . ;�`..�,_
<br />_ :.:•" Thrrst"),is dated as of Jaunuarv i2. 1998, and is aa agreemeut AMONG Mary J.Reab,a s�ngle person as the granwrs;Robert ; _--
<br /> �:_. •., • . _ �-::�y- _. ' �>��
<br /> - - Reicke,Fs9.,whose mail�ng address is Fraser Stryker Iaw Firm,500 Elecuic Building,Omaba,Nehraska 68102,as the uustee;and =':,-_._
<br /> ' . ' '. M e r r ll l l.y a ch Credit Co s po:ation,a Detaware corposation,whoss street address Ls 4802 Deer lake Orive East.Jacksonv�7le,F1orF�da �,;:
<br /> as the bettef ..��,�5�-
<br /> 32246�6484, �Y• :r� ='� -
<br /> , . . , r �:-��
<br /> Thmngho�this De�d of Tn�st,che followtng words have the following meanings: °we","as°aad"our'refer to the :'��.:;�
<br /> � , . .. ,,YY' person or azry or aU of the persons who sign this Deed of Trust; °Mem71 Lyncb'refers to Merrill Lyncli Cre�it Coipoiation,the - : ;�:;.
<br /> ' ' beneficiary,or anyofle to whom this Dced of Tn�st is assigned;and°Tcustee'refecs to the trustee idcntified above,or�►y substitute �,---
<br /> i� r��;�.,_::
<br /> , tNStC6. , ��•�.� "`
<br /> :.,•, ,:�`
<br /> ' �' .;, '�'�>'�=
<br /> DESCRiPTION OF SECURTI'1f i � -.
<br /> '. . '. By signing this Deed of Tnut,and in wnsideratio�of the indebtedness herein recited aad the tnut herein created,a�e '�...,` �`�""�`�
<br /> ; r, .,�-`
<br />- . - . � irrevoca6ly gtant aud coavey to Terstee. ia aust,with Puwer of sale.the foAowiug d�s�ed pmperty, located in the County of :,f�
<br /> ' �� , Hall. State of Ne6raska: _--
<br /> '.t: .._. . __
<br /> ... . i,ega!dcscrlptton attached hereto�nd made a part hereof. ��.�;.:-
<br /> ••,.
<br /> . � This property has the address of 321 Holwmb Street Graad Islaad.Nebraska 68801 aad,together w��the intetests ����° ::'•�,`��_
<br /> ' � described helow rclating to this property,is called the'Property'in this Deod of Trust. '' '���
<br /> in additfan to grandng and conveyiug to Tnutee,in uust,�alth power.of sale.the Propeny described above,we also : ..` •��,�
<br /> uu
<br /> , .. grant and ronvey to Trustee,in m�st,witb power of sate,the following interests relatiag to that Ptoperty: (a)all buildings and other �°
<br /> structaies toc�ted on the Property:(b)a11 rt8bts we may have in aay mads aad alleys nexc to the Property or 9n any minerals,oil and
<br /> '' .� , gas rights and profits, water,water rights.and wa[er stack whicb are a part of the Property: (c)all rents and royaldes from the : ,�,..,. :-`
<br /> property and any proceeds from the condemnatioa of,or insurance payments conceming losses to,the Property;and(d)all fixtures � '�•:';
<br /> noar on the Property or later placed on the Property,including replacemenu flf.and addidons to,those fixtures. Our gaant and
<br /> � ... • •�. conveyance to Trustee of the rights and lnterests descn'bed above inctudes a11 ri�hts and interests wl�ich we now have or which we .
<br /> ' . may acquire 9n the future. For eaample.if the security gmnted and conveyed to Tn�stee under this Deed of Trust ia a leasehold
<br /> � estate,and we subseguently acqui�fee tiUe w the Property subject to the teasehold estate,the rights and inter�•�anted and ',t : �
<br /> � conveyed to Trustee by this Deed of 7Yust wUl include the fee tItle to the Property that we acguise. .
<br /> t . -� . ��'
<br /> ' • � OBLIGATIONS BEIIVG SECURED �� . �
<br /> ' � We have signed�*.:s Deed of Trust to securc(a)the payment to Merrill Lynch of a revolving line of credit debt in the � ,;�
<br /> ' amount of U.S. �S,UOO.UO,or so mnch of thu debt as may be outstanding,ptus a11 accrued interest.fees and other charges bwed ,
<br /> � . under the Mer�i1!Lyach Equity Access�Agreement,as the same may be renewed or eatended (rhe 'Agreement°), relating to this .
<br /> � Deed of Trust:(b)the payment of any amounts advanced by Merritl Lynch to protect the securiry af this Deed of Trust,with intcrest on 17 �
<br /> � tttcse amounts;(c)the performance by the persons who signed the Agreement of their obligations under the Agreemeat;and(d)our
<br /> . ' performaace of our obligations under this Deed of Tnist. This Dced of Trust secures all future advaaces made under the Agreement � .
<br /> � and advauces which have been repaid may be reborrowed,provtded that the maximum aggregate amount of advaaces to be secured at
<br /> ' • aay one time py this Decd of Ttust shall not eaceed the amount af the revolving line of credit debt set forth above. This pmvision
<br /> . ' � � shall not consritute an obligatioa upon or wmmitment of Merri11 Lynch to make additional advances or loans to us. The liea of tbis :
<br /> - Deed of Tnut shall continue until a release thereof is recorded pursuant to Nebraska law. Tn no event shall the lien of this Deed of
<br /> : , •� Trust be eliminated because the amount of the debt is reduced to zero. The Agreement and this Deed of Trust,taken together.are •
<br /> called the "Credlt Documents.' The rerm Agreement shall include aU modifications,extensions,and renewals thereof.
<br /> • � REPRESENTATIONS AND OHLiGATION5 CONCERNING T1�PROPERTY '
<br /> `� � We promise that excepi for the'Exceptions"listed in any title inswance policy which insures Merrill Lynch's rights in . �
<br /> � ' � ' the Properry: (a)we lawf�lly oarrt the Property:(b)we have the right to gant and convey the Property to Trustee;and(c)tPtere aze no
<br /> • � oatstanding claims or charges against the Property. f -
<br /> � .. . .
<br />--' - - - .. ; ---- ; � C: --.
<br /> `' � YE EQUITY•NP
<br /> IU9/15/97)NPNE:NTG 1�cbraska Murtgage � ------- ___ .. .
<br /> ' , � _ -
<br /> � . . ; . . . --
<br /> ...� .,._ . . . � ^• • . . . . . . � . ,. . . ...
<br /> . . . ._ .. .. . .. . . ._ .. . _. _.. .,.. ._ . ._... . . �� `9
<br />
|