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� <br />�� <br />N � <br />A �� <br />� � <br />0 <br />� <br />� � <br />N - <br />V � <br />� <br />- <br />� <br />� <br />� • <br />l <br />i <br />� <br />.; <br />' �; <br />s <br />\ ', <br />� <br />0 <br />� <br />� <br />� � � � <br />d � N <br />� � <br />rn <br />v� �' "fl <br />--i 3 <br />m <br />� <br />_o �?'�a F-� <br />_,� <br />Q , =_. <br />F—' <br />Q � C� <br />N : <br />c� u� <br />o -i <br />c � <br />� m <br />--t <br />� o <br />o � <br />� z <br />� rn <br />D• � <br />r �. <br />r� <br />� <br />� <br />D <br />� � <br />C7� <br />THIS INSTRLJMENT PREPARED BY: AFTER RECORDING RETURN TO: R.�',JV �/1 JI' <br />Home Federal Savings & Loan Association of Home Federal5avings & Loan Association of <br />Granal Island Grand Island <br />221 South Locust Street 221 South Locust Street <br />Grand Island, NE 68801 Grand Island, NE 68801 <br />(Space Above This Line For Re�ording Data) <br />� CONSTRUCTION SECURITY AGREEMENT <br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED <br />OF TRUST <br />This COMMERCIAL CONSTRUCTION REAL ESTATE DEED OF TRUST ("Security Instrument") is made on <br />September 29, 2011 by the grantor(s) KENNETH L TRIPLETT, an unmarried person, whose address is <br />4716 TARA COURT, GRAND ISLAND, Nebraska 68801("Grantor"). The trustee is Arend R Baack, Attorney <br />whose address is P.O. Boa 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal <br />Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island, <br />Nebraska 68801 ("Lender"), which is organized and elcisting under the laws of the United States of America. <br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of One Hundred Sizty <br />Thousand and 00/100 Dollars ($160,000.00) ("Maximum Principal Indebtedness"), and for other valuable <br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, <br />with power of sale, the following described property located in the COiTNTY of HALL, State of Nebraska: <br />Address: 4060 E HWY 30, GRAND ISLAND, Nebraska 68801 <br />Legal Description: Lot Twa (2), Ricf-�t�ndeven Subdivision, Hall County,ldlebraska, ezcepting a tract of <br />Land more particularly described in Warranty Deed recorded as Document No. 200308995; <br />excepting a tract of land more parl3cularly described in Deed of Correct3on recorded as <br />Document No. 200313515; and escepting a tract of land more particularly described in Correction Deed of <br />Correction recorded as Document No. 200602390. <br />Together with all easements, appurtenances abutting streets and alleys, unprovements, buildings, fixtures, <br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description <br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or <br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above- <br />descn�bed real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites, <br />storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in <br />connection with the above-described real properiy, payment awards, amounts received from eminent domain, <br />amounts received from any and all insurance payments, and timber which may now or later be located, situated, or <br />affixed on and used in connection therewith (hereinafter called the "Property"). <br />This is a PURCHASE MONEY DEED OF TRUST. <br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements, <br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions, <br />gua.ranties, environmental agreements, subordination agreements, assignments of leases and rents and any other <br />documents or agreements executed in connection with this Security Instrument whether now or hereafter existing. <br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same <br />force and effect as if fully set forth herein. <br />INDEBTEDNESS. This Security Instrument secures the principal amouat shown above as may be evidenced by a <br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every othef <br />indebtedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising, <br />whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such <br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents <br />(hereinafter all referred to as the "Indebtedness"). <br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if <br />such advances were made on the date of this Security Instrument regardless of the fact that from time to time there <br />may be no balance due under the note and regazdless of whether Lender is obligated to make such future advances. <br />�o <br />N <br />O <br />F�+ <br />t� <br />O <br />� <br />Cl� <br />N <br />"� <br />��� <br />� Zooa-zoi i cA�u�� s�r�, Ina CAFO-SOOC - 2010LI.15.441 <br />Commercial Conahuction Security Ivstrument - DLA007 Page 1 of 5 a'�'•�P��YB�•� <br />