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<br /> DEED OE �il1ST . �'_�'�
<br /> - ,� —
<br /> .._..':F'.. ,� _.�:��4'..�.�
<br /> 7HIS D�OF TRIfST IS A CONSTRUCTION SECURITY AGREEMENT _ ., , �„�`
<br /> � WITHIN T!�MEANING OF 1H�NEBRASKA CONSTRUCRON LIEN ACT ;;� . —
<br /> ����'.:�r
<br /> ��,y THIS DEED OF TRUST IS DATED i1AARCH 1$ 1997, artwny DUAi�fE E COATES �nd KIM��RU K COATES, - ,_,. �:-�;' -�
<br /> � HUSBAND AND WIFE,wi�oae addreas ls 25�W CHARLES,GRAND ISlAND�NE 68803(re4�nea9 to tr�taca aa -:,, ,�. �....�
<br /> . �,�....:--_-„..
<br /> ` 'Trustor");UNITED NE�HASKA�ANK,wt►ose tddreas ts 700 N WEBB RD, PO BOX 6018,GRAND l�LAND, NE .. _.4�;,,s:.�-
<br /> � ■ » w _,�,���..
<br /> • 68802(roterred to be[ow wmeUmes as Lender and sorr4eWnes as Beneftciary"); and UNRED NEBRASKA _
<br /> , BANK,wia�e eddreas ts 700 N WEBH RD, PO BOX 5018 /GRAND 1SLAND, NE 68802(rofened t� below a� �_�..�-_����:
<br /> "Trustee"). -- " ,: _."'�--,-.: _-
<br />.. r�.,,^--••
<br /> `s �pltyEy/WCE ANp GRANT. Fa vMubie con.yder�tlon.Ttt�sta eonvaya to Trust�e In trusl,YJIYH POYIEA OF SALE,tar Ihe beneflt of • _�'1;
<br /> . I.enQu q genelk{Yy.eil o! Tmstors Apht, Utle. and inter�t In and to iha fdlowiny described real Proputy. topether wf8►W e�dttl^O a �� `t �"'�--i!�'
<br /> . ' ?-__ -
<br /> ` subsequentty erected or afPoced bu�dinps,Improvements and PoR�ues;ail easemems.Aphts ot way.end apPurtena�e0 wttet.water dDhts and . .
<br /> � ditch ApMs pndudlrg stock In uftfi9os w(th ditch rx UriynNon Rphis):and a9 other dIIhb,roya�.�nd p�,ta ntntlnp to the re11 pro�ty�Indu� _ :."�' _
<br /> vdthoui I�mitatlon an minaraCg. o�,qas.QeothsrmU and dmGu matk�rs.(OCatEd M rw�� un Stete o9 Nebtesks (the "Re� - -. � � ...� r
<br /> �S `
<br /> PropErty"): , �
<br /> - ' LOT 7HIATEEN (13),AND THE WEST NALF(�N1/Z�OF LOT FOURTEEN(14�ALL IN BLOCiC TEN(10� IN � . -
<br /> ' ASHfaN PLACE,AN ADDOTiON TO YHE CITY OF GRANO ISLANO,HALL COUNTII�NEBAA�ItA. . ' �� �
<br /> . . . . �_--..,:..
<br /> ��
<br /> LOT TWEMY OI�YE(21),IN WESTWOOD PARK SECOND SU8D11liS10N,CI7Y OF GRA1110 ISLAND,HAfO.I . . .
<br /> COUNTY,NEBRASKA. � --
<br />. The Red Property or ttt eddress is commonty known as 2520 W CHA6iLES & 4160 REDWOOD COURT, �
<br /> G�D ISLAND,NE 68873. ' �
<br /> Tnuta presanUy assigns to Lend�r(atso known�s Beneflclary io thls Oeed ot Trust)a9 ot Tnutots ripht,tsflo,and int�t in and to aD prawnt cn0 � �
<br /> fut�ae teases o}the Properly and aN Renb from the Property. In ad�Uon.Trustor prenb Lsnder a ltnHam Commerclai Cade securfty interest in the . � '�
<br /> Rents and tha Personal PropeRy deftrsed below.
<br /> . DEFll71TION8. The fo4owlny v�or6s s�a0 have the following meaninQs wtfen used in thb Oaed ot TrusL Temrs not otherwise dofl�od ln this�eed ot . ■° • -
<br /> � Trust st�have the meaninps 8t61buted to such terms in the Unifam Commercial Code. All retArences to doMr amourds shall maan amounts In • �
<br /> tawtul mor�ey of the UNted States of ArneACa. '
<br /> g�lfo{�ry. The word Beneflcier�l'means UNtTED NEBRASf(A 8M'K,Hs succossois and assipns. UNiTED N�SRASKA BANK aiso Is i _ .
<br /> referred to as Zendor in tAls Deed of Tn�st. � �
<br /> Oeed of Truat. The words 9eed W TnuY msnn this Deed ol Trusl emonp Trustor,Lender,and Trusteo,and Include9 vrithout�mttaUon en � � �
<br /> esslpnment c�nd socurfly Mtarest ptoNSions retatlnp to the Personal ProPe�ty�and Renfs. ' � '
<br /> DdsHnp Indebtednes�. The words�ds8ng IndeDtodness"mean the indebtedness dssaibed beiow In the Eidstinp Indobtednsss sECdon of . �'.;
<br /> this Deod o}Tnut. �
<br /> . GnE►antor. The wad'Y3uerentor means and inc(udes withoui UmitaUan any and etl guatantprs,sureUes,and aocommodallon paltles in �•r-�•-•
<br /> ' connecUon vAth ths Indsb4edness. —
<br /> � l,�ysm�py. �ward�mprovemenb means and Inctudos w;lhoul 6mitaUOn a0 exlstin9 and tuture Imprvu�ments,bu0�ngs,structure�, t
<br /> , mobile homes afPoced on the Rea1 PropeAy.tacUiUes,addtlons,reptacemsnts and other con�c�an on�ne R�1 P.rqpsrEy . � c
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