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<br /> WHEN RECORDED MAIL T0: p
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD �
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 8i802 ����
<br /> `�?�
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED 4F TR�JST
<br /> THIS DEED OF TRUST IS DATED APRIL 15, 1998, among ROBERT C PEIZOLDT and LINDA K PEIZOLDT,
<br /> HUSBAND AND WIFE, whose address is 2211 BASS ROAD, GRAND ISLAND, NE 68801 (referred to below as
<br /> "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE
<br /> 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA
<br /> BANK, whose address is P.O. BOX 5018 GRAND ISLAND, NE 68802 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the be�eflt of
<br /> Lender as Beneflciary, alt of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequently erectad or affixed buildings, improvements and fixtures; all easements, rights of way,and appurtenances; all water, water rights and
<br /> ditch rights(including stock in utilities with diich or ircigation rights);and all other rights, royalties and profits relating to the real prope�y includin
<br /> without limitation all minerals, oil, gas, geothermal and simiiar matters, located in .HALL �ounty, State of Nebraska (the "Ree�
<br /> Property"):
<br /> LOT THREE (3), RAINBOW LAKE SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY
<br /> NEBRASKA.
<br /> The Reai Property or its address is commonly known as 2211 BASS ROAD, GRAND ISLAND, NE 68801.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in this Deed of Trust)all of Trustor's right,title,and interest in and to all present and
<br /> future leases of the Property and all Rents from the Properfy. In addition,Trustor grants Lender a Uniform Commercial Code security interest in the
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The tollowing words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Deed of
<br /> Trust shall have the meanings attributed to such terms in the U�iform Commercial Code. All references to dollar amounts shall mean amounts in
<br /> lawful money of the United States of America.
<br /> Beneficiary. The word "Bene6ciary" means UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Deed of Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br /> assignmenl and security interest provisions relating to the Personal Property and Rents.
<br /> Existing Indebtedness. The words"Existing Indebtedness" mean the indebtedness described below in the Existing Indebtedness section of
<br /> this Deed of Trust.
<br /> Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodation parties in
<br /> connection with the Indebtedness.
<br /> Improvements. The word "Improvements" means and includes without limitation all existing and future improvements, buildings, structures,
<br /> mobile homes affixed on the Real Property,facilities,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payable under the Note and any amounts expended or advanced by
<br /> Lender to discharge obligations of Trustor or expenses incuned,by Trustee or Lender to enforce obligations of Trustor under this Deed of Trust,
<br /> together with interest on such amounts as provided in this Deed of Trust.
<br /> Lender. The word"Lender"means UNITED NEBRASKA BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated April 15, 1998, in the principal amount of $12,223.00 from Trustor to Lender,
<br /> together with all renewals, extensions, modifications, rebnancings, and substitutions for the IJote. The maturity date of this Deed of Trust is
<br /> October 30,2000.
<br /> Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of per�Aal p�ppe�t r}ow or hereafter
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