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<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 501 S - _
<br /> GRAND ISLAND,NE 66802 �
<br /> C
<br /> �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED APRIL 21, 1998, among JOHN W SARGENT and WANDA M SARGENT,
<br /> HUSBAND AND WIFE, whose address is 2206 PIONEER BLVD, GRAND ISLAND, NE 68801 .(referred to below
<br /> as "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND,
<br /> NE 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED
<br /> NEBRASKA BANK, whose address is P.O. BOX 5018 GRAND ISLAND, NE 68802 (referred to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustea in trust, WITH POWER OF SALE, for the beneflt ot
<br /> Lender as BeneNcituy, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequendy erected or affixed buildings, improvements and fixtures;alt easements, rights of way,and appurtenances; all water, water rights and
<br /> ditch rights (inCluding stpck in utilities with ditch or irrigahon.rights);and all other rights, royaltles and profits relaling to the real prop including
<br /> without limitation all minerals, oil, gas, geothermal and similar matlers, IOC8t8d In HALL �OUn�/, StBte Of Nebr88ka (�@ "Re81
<br /> Property"):
<br /> LOT SEVENTEEN (17), IN BLOCK "B", PARKVIEW SUBDIVISION, TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> The Reai Property or its address is commonly known as 2206 PIONEER BLVD, 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 Property. In addition,Trustor grants Lender a Uniform Commercial Code security interesi in the
<br /> Renis and the Personal Property defined below.
<br /> DEFINITIONS. The following words shall have the foilowing meanings when used in this Deed of Trust. Terms not othenvise defined in fhis Deed of
<br /> Trust shall have the meanings attributed to suCh terms in the Uniform CommerCial Code. All references to dollar amounts shall mean amounts in
<br /> lawful money of the United States of America.
<br /> Beneflciary. The word "Beneficiary" means UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lende�'in this Deed of Trust.
<br /> Deed of Tn,�st. The words"Deed of Trust" mean this Deed of Trust among Trustor, Lender,and Trustee, and includes without limitation all
<br /> assignment and secu�iy interest provisions relating to the Personai 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 exi�ting and future improvements, buildings, structures,
<br /> mobile homes aifixed on the Real Property,facilities,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payabie under the Note and any amounts expended or advanced by
<br /> LBnder t0 disChar{�e Obli�atlons of Trustor or expenses incurred 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 21, 1998, in the principal amount of s8,930.50 from Trustor to Lender,
<br /> together with all renewals,extensions, modifications,refinancings,and substitutions for the Note. The maturity date ot this Deed of Trust is April
<br /> 27�2002. a� ...i�s'; o� :�s
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