|
♦� .: ...i..
<br /> �,�1 •r,'•• . .,i<
<br /> r:� _
<br /> .�r r:.,ryt
<br /> � 'r'�' . � � � :.r�1tt-
<br /> "� ,f- /�.
<br /> .-�.�r .7.�►M..�
<br /> . ., ..,, , . ...tir� �.'•
<br /> __......w�r �T'r�.,t,- 'n ..� _ .-.c...yv,,�� .
<br /> . .:.<;.,-f_n , .
<br /> . �, . ^ ���1���:�.i`•'.
<br /> � � � / .t!;.,'`i...�*
<br /> �
<br /> � C1 n �� •
<br /> � ��� � x V;, � m • ..
<br /> .. �.� � � � � •
<br /> c.o c� cn
<br /> C� Q --+
<br /> Q` S � T � .z.�' �.�-.
<br /> � `�, (��` m � tn 7 C�� rn � rn � -`�y . -
<br /> �`i) x � j � � � n � c�a.
<br /> � � � .-�.
<br /> ��I�� � a• � '� > N � „ ;_]�
<br /> �i\,.� = rn
<br /> � � r � C7 Q �_.:
<br /> . � � �q i � 3 r'+- 1„ f-' �
<br /> � (� � �, tn
<br /> � � V� „ �"� � ° �
<br /> . �,�.4ii�A� '' �� � v �iA7 ' - .__
<br /> ...� . ..�, , � � l/> ~ .. + -
<br /> i �'_
<br /> DEE F U T �' ~ r � :�.�•_�-
<br /> AND CONSTRUCTION S�CURITY AGREEMENT � ��.:
<br /> THIS OEED OF 1AUS7,ts mnde+�s ol the 2nd day ot J�. �997 .by�nd�monp lht Tru:tor� �j�� ' ' ,-
<br /> � Starostka Homes Inc. 807 West 4th Grand Island NE 68801 (ha�.�n •Bonow�r'�,\� ` _�`.
<br /> S the'�ruslee, ��h� � atiVB Gx1ed�.t Union PO Box 2�8 Ar r NE (hereln 'Trustas'), �•
<br /> •.� and ths eeneliclary, ���' �P�'ative Cx t Union, PO Box 2 8� Psc ex, NE_ (hmein . _
<br /> , 'lendar•). -
<br /> FON VALUABLE CONSIDERATION, includlny the Indebtednesa IdeMitfed hetein an�t the trust heroln creatud, the recelpt oI whlcb lo
<br /> �, hereby acknowlsdped Bortower he�eby IRwop6y gnu►ls,tranalen,conveya�nd asslgns to TNStes,IN 7RU3T,WI'fH P0IAIEH OF SALE,tor "`��•-
<br /> the benetit snd aaeu�y ot Leader, under snd subJect to the tem�s and condiqons haelnattet aet fodh. the real property, de=aibad at � __
<br /> y, ' tofloNn: ____
<br /> � Lot Seventeen ('17), Block One (1), Ponderosa Lake Estatefs Third Subdivision, City
<br /> oE Grand Island, Hall County, Nebraska. _ ''
<br /> , :•�F . —.
<br /> �� � , ,
<br /> _..-r-
<br /> ;�
<br /> . ,,
<br /> .�
<br /> y,s
<br /> IT IS UNDERSTOOD BY BORROVYER ANO LENOER THAT THIS INSTRUMENT, WHICH IS SECURED BY THL ABOVE REFERENCED
<br /> PROPERTY, IS A CONS'(FiUCTION SECURITY AOREEMENT AND TMAT IT DOES OH 1fVILL SECURE AN 08UCiATION WHICH THE
<br /> BORROWCR HAS OR WILL INCUR FOR 'fHE PURPOSE OF MAKINO AN IMPIiOVEMENT OR IMPROVEMENTS ON F'ROPEfi7Y =
<br /> „ HEREINBEFORE DESCRIBED. '
<br /> 7ogether wlth a4 bu7dinga, improvementa, Tixtures, sireats, atleys, paasaqeways, easanonts, dphts, priviiepet and appurtenances bcated
<br /> thereon or in anywise peiUlnkig thaeto,and the rents, Issuea and profils, reveralons and remainders lhareol; Includinq, but not Nmited lo.
<br /> � !� he�ling �nd eooNng aqulpment�nd eueh peraonal {xopmty ihat Is attached to the knprovements ao a� to conatltule a ffxturo; �!l ol which.
<br /> �' Includfnp repiteemenle and addWona thereto, Is hereby dec�ared to be a part ol the raal eslate secured by the Nen ol thlt Deed ot Trust�nd
<br /> ' �� aq of the torapoing bdng roterred to herein as lhe 'PropeAy'. �� �''
<br /> � This Deed oI T�ust ahatl secure (a) the psymant o( the princlpal sum and�btereets evldencad by Borrowet'a nota dnled _
<br /> Jttrse 2. 1997 .havinp a malurity date ol ApTil 1, 1998, ' ' . in the odpinel prirtclp�J ama+nt ol L�
<br /> „ , � s 175,000.00 md �ny md all modlticaUons, extenabns and renowa�s thereol or Ihereto (heroln caqed •Note); (bj 1ha psyment ot :_-
<br /> . . other sums adv+�naed by Lender to protect the secudty ol this Deed ot TNS� with intwest thereon �s provlded In the Note; �nd (a) th� �._�_
<br /> � pMortnance of aq crnenants and agreement to Borcower set foAh heroin. �;�::--_-""°�="-�
<br /> Oor►ower,to protect lhe saurily oi thls Oeed oI Trual,covenants and agraos wllh Lender aa tollowa: _����--``�`-i'
<br /> ti
<br /> • '"'' ^ .: 1. Pa�ymont ot Princlpal o�d Intorest. Borrower ahstl prompty pay when due the prtnc�pal ot�nd Intorast on,and any tees .TM '..� 1 '.�"
<br /> .. M1.
<br /> � or chorflos provlclad N,tho Nolo or in lhls Dcod ol Trust. Y. �" '
<br /> n i.. �.':. -
<br /> �'. ,T"
<br /> .S ...4=. -.
<br /> � 2. Titlo. �arower Is lhe owner o! the Prope�ty, hus lhe dghl and aulhority to convey the Propaty, and warranls lhal th� Iten ' ';;�':.•�"::'
<br /> ueated hereDy la n kat and pdor Ilen on Iho Propedy, oxcept as may othervvise be set torlh herein, md lhe execuqon and dalivery of lhls , •'�Y' .
<br /> Dood ot Trust does nol vlolnto any eontract or other obltpallon to whlch Oorrower Is subJocl. • - •
<br /> � 3. Taxas, Assossme�ts. To pay when duo all t�ucos, spoclal assessmonts and ell othot chnrflos apalnst lhe Property and,upon
<br /> wrilten demand by Lender,to pay to Lender auch nmount aa may bo auflicicnt to ennblo lhe Lender to pay such laxue, aasessments or other
<br /> J chargos n3 thoy bExcomu due. �
<br /> 4. Insu�at7C0. To kaop tho Propnrty inaurod egalnst damago by firo, hoznrds included wilhln the tartn '�xtended coverago',and
<br /> such olhor ha:ards�s Lender may roquire, In nmounts and viith compant�a acceptablo lo lhe Lendor,and w(lh loss payable to the Lender. � '";— -
<br /> _ � In case of loss under such policles, the Lender Is authorliod to adJual, collect and compromiso, eli clalms iheraunder aed shnA have the �
<br /> i • option ot upplyinp el or paA ol the Insuanca procaods (I) to any Indeblodnoss socurad hernby and In sueh o�der as lender m�y delemlltlo.
<br /> ,. (iq to thu Dorrowcr lo bo used tor ihe repalr ol rostorallon ol lho Propurly or (Iiq tor nny o�her purposo or obJact aallslaclory to Lcndcr i
<br /> wllhcut�tfocting lt�a Yon ol thls Daad of Truat lor the lull amount securad hRreby botore such payment evar took placo. My appAcatlon ot �
<br /> �� � procnuds to Indobledness shnll nol extend or postpone tho duo dalo ot nny pnyments undor lhe Nole, or cure any daiaull lhereunder or
<br /> , i
<br />- hercuadcr. i
<br /> ' Fit]GO.LMO (0/95) Pnq�1 0l/ I
<br /> � 1� . ' r
<br /> A � ' �
<br /> , �� � i
<br /> �„, ., ��� ,
<br /> � � �
<br />
|