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<br /> � THIS IS A CONSTRUCTION SECURITY AGREEE�IENT � -.`-,�`'. ...' . �. `" '�-`�' .�._,;
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<br /> THIS DEED OF TYtUST(•sec�ricy Insccament•>is made oa January 9, 1997 .'Eae uvswr� ��>-
<br /> HO�IARD A LUDWIG and R�ORIS L LIDD�IIG, Husaand and 4fife `,s�;,�; ; .{;�_�.,``�_�;�,
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<br /> (°Borrower").The uvstee is COLU�IBUS FEDERAL SAUINGS BANK �� `"'���
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<br /> �- (�T,vstee•).�ebenefic;ary is COLUPIBUS FEDERAL SAVINGS BANK, ' ���:.•;,� ;.•:�
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<br /> which is organized and e�tis6mg uuder the laws of PJEBRASKA ,and whose 'x,<:�" ' Y-
<br /> add:ess is PO SOX 908 �''���,�L.�:'
<br /> �,' h COLUMBUS, NE 68602-0908 (•I.endcr").Bormwer owes Isnder the princfpal sum of ``��'? �
<br /> ' One Hundred 7welve Thousand and no/100 '``�� -
<br /> � Dollars(U.S.S 112,000.00 �'` ' � '
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<br /> ; '��a debt is evidenced by Borrower's note dated tt� eame date as this Seivrlty Insavment("Note'),wluch provides for •• •:�,.,, ;' :: �� ,
<br /> ' .: mon due and payab2e on July 15, 1997 . '}��`��
<br /> �Y P��,with the full debi,�f not paid earlies, •.,�,,, ...;`:
<br />;,4r?�';< This Securlty Iastrument secures to Lender.(a)the repayment of the debt evidence�by the Note.with iaterest,and all renetivals, ;%�,�,`���ti:`=_
<br /> Y�;iI c�c t e n s l m n s a a d m o d I ficazions of the Note; N) the pa y m ent of all other s�ms, with interesi,advaaced imder paiagaph 7 w ,., .,• .�„ �.
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<br />"�'��. protest the security of tbis Security lnstrument; and(c)the perfoimaaoe of Borrower's covanants and ag�eementa. For ihfs .:�`,,;.'�,�:°=,
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<br /> �y�,=. purpose.Borrawer iaevocab�y�ts a�conveys to Tn�sta. in tmst,with power of sale. the foIIowing destn'bed pmgerty . �a.",�
<br />,�'``�": located In l�J�.L Cauaty.Nebmslca: '�s�" ..�`.
<br />'����Y• LOT SIXT�CS�1 (16), MOltNINGSIDE ACRES THIRD SUBDIVISION, IN THE CITY Of GRAND �.�`
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