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<br /> r WHEN RECORDHD MAIL TO: �
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<br /> �1, 7�001lIEW�R SKA BAHK ���1�CS5
<br /> �'� PO BOX 601t J
<br /> • •; GiRAND ISLAND,NE Ett04
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<br /> �i SPACE ABOVE THIS LINE IS FOR RECORDER'S USE OHLY
<br /> 4 DEED OF TRUST -
<br /> �
<br /> ` THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT -
<br /> o� WITHIN THE MEANING OF THE NEBRASKA CQNSTRUCTION LIEN ACT
<br /> THIS DEED OF TRUST IS DATED DECEMBEH 11� 199T� emon� DENNIS W BRUNS and ANN E BRUNS,
<br /> � HUSBAND AND WIFE, whoae sddress is 1300 N GEDOES� GRAND ISLAND, NH 68801 (referred to below as
<br /> "Truator"); UNITED NEI9RASKA BANK,whose addreaa Is 700 N WEBB RD, PO BOX 6018, GRAND ISLAND,NE _.
<br /> - 68802 (refer�ed to below sometimes es "Lender" end sometimea es "Bene4lclery"); end UNITED NEBRASKA
<br /> � BANK�whose eddreas is 700 N WEBB RD., GFAND ISLAND,NE 6S3C�(�Q��rred to balow as"Trustee"). ___ -
<br /> ,i: CONVEYANCE AND QRANT. For vAuable can�ldentlon,7ruator convey�to Truste�In truit,WITH POWER OF SALE,for the benafit of _
<br /> �� Lender �e B�nMclary, ali ot Trusta's dyht, Htle, and Interest In and to thq followinp dasCdbatl repl property, topother with alt exlslinp or �,s..__
<br /> subsequently erected or afhxad bulldinps.Improvements and fixtures; all eBSaments,rlphls of way,and appurtamnCi9;all wntx,water dphls and
<br /> �, ditCh iiqhts(InCiudinp Stock In u111iligs with ditoh or IrrigatlOn Myhls);and ell other rlphts,ro nflles and proflts rslatinq to thi real propa�y,inCludlnp ��-��
<br /> ' without Ilmltetion all minerels, oll,pas,geoihermal and simUar matters, located in H�►LL �ounty, Ste4e of Nebraske (the REeI �r�.__as��
<br /> Property"): :�'�:--
<br /> LOT FOURTEEN(14)IN SADDLE CLUB SUBDIVISION, HALL COUNTY, NEBRASKA. � ' .'"�'"""
<br /> ;.F°r',a^
<br /> The Reel Property or tts addreaa is commonly known es 360b ARABIAN,GRAND ISLAND, NE 68801. ^_
<br /> Trustw prosentiy asslpns to Lender(elso known as Benaflclary In this Doed of Trust)sll ol Trustor's rtphl,title,and Interest In and to flll present and � ;�;
<br /> (uture leases of iha Property and all Rents trom Ihe Property. In additlon,Trustor grants Lendor e UNform CommerClal Code security Intere5t In the ....
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The tollowinQ words shall heve lho tollowfng meanings when used In Ihfs Deed ol Trus►. Terms nol otherwise delined In ihl,Deed of
<br /> Trust shall have the meanlnQs eHribuled to such lerms in Ihe Unlfprm Commerclal Code. All referancee to doller emounls shall mean emounts In
<br /> InwtW money of the United States of AmedCa,
<br /> DeneHClery. The word "BenefiClary' means UNITED NEBRASKA BANK, IIS succassors und asslyns. UNITEO NEBRASKA BANK elso IS
<br /> referretl to as'Lende�'In this Deed of Trusi.
<br /> � Deed of Truat. The words"Deud of Trust"mean this Oeed of Trust flmonp Truslor,Lender,nnd Trusiee,and Inr,ludes wlthout Ilmitation ell
<br /> J asslgnment and security Interest provlslons relatinp to the Personal Property and Renls. ttt
<br /> Guerantor. The word "Guaranto�' means and InCludes wlthout Ilmitatlon flny and all puarantore, suretles, end accommodalion partles In � _
<br /> , � ConneCtlon with the Indebiedness. i "
<br /> Improvements. The word 9mprovoments"means and Includes wilhout tlmllallon all existinp nnd fuluro Improvoments,buildings,structures,
<br /> j moblle homes aNixed on the Real Property,facllltles,addlilons,replacemenls and othor constructlon on Ihe Real Property.
<br /> - � IndebtednesS. The word"Indebtedness"means ell principel end Intorost peyablo under Iho iVotO nnd any amounls expended or advnnCed by
<br /> Lender to discharge obllgallons of Trusior or expenses Incurred by Trustoo or Londor Io onlorce obllgallons ol Truslor under lhls Deed of TrUSt,
<br /> togethor wilh Intorest on such emount, as provided�n this Deed of Trusl. In addllion lo Iho Noto, Iho word "Indobtodness" includes all I
<br /> obilgalfons,debts and Ilabililies,plus inlerpsl Ihereon,of Truslor to Londar,or nny ono or moro of Iho�n,n5 woll ns oll clnlms by Lender egalnst
<br /> Trustor,Or eny one or more of them,whelher now exi3tinp oi horealtor ans�np,wheilier rolntor7 or unrolalod lo Iho purposo of Ihe Nole,whether �
<br /> voluntary or otherwiso,whelhar due or n�t due,absolulo or conlingont,Ilquldalod or unliqu�dntod nnd whathor 7ruslor mny be Ifnble Indlviduelly I
<br /> or jointly with olhers,whelher obtiqpletl as guaranlor or olhorwiso,a��d wholhor rocovcry upon Such IndobtodnOS�mny bG Or hereaHer m8y I
<br /> becomo barrod by any s�Qh�1a n1 lim�latinns. nn�t whalhar such indnblodnoss rnay ba o� lioruallor mny bocomo oltioiwiso unonlorceable.
<br /> - ; (IniUet Here I I
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