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<br /> RECORDATION REQUESTED BY: � -� cn oca �
<br /> v, , .
<br /> CereacoBank
<br /> 130 West Elm
<br /> Cereaco,NE 8t017
<br /> WHEN RECORDED MAIL TO: ^��
<br /> Cereacoeank
<br /> 130 West Elm ��
<br /> Ceresco,NE 88017 ,��
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<br /> SEND TAX NOTICES T0: �
<br /> CerescoBank
<br /> 130 West Elm
<br /> Ceresco,NE 68017
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED JANUARY 27, 2000, among MARK A. MASEK, A SINGLE PERSON, whose
<br /> address is 8833 EDWIN LANE, LINCOLN, NE 68517 (referred to below as "Trustor"); CerescoBank, whose
<br /> address is 130 West Elm, Ceresco, NE 68017 (referred to below sometimes as "Lender" and sometimes as
<br /> "Beneficiary"); and CerescoBank, whose address is 130 West Elm P 0 Box 36 Ceresco NE 68017 (referred
<br /> to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideretion,Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the beneflt of
<br /> Lender as Beneflcfary� all of Trustor's right, tide, and interest in and to the following described real property, together with all ebsting or
<br /> subsequently erected or affixed buildings, improvements and fixtures;all easements, rights of way,and appu�tenances; all water,water righis and
<br /> ditch rights (including stock in utilities with ditch or irrigation rights);and all other rights, royalties and profiis relating to the real prope , including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCeted in HALL �OUnty, State of Nebraska (t�e "Reel
<br /> Property"):
<br /> LOT FIFTEEN (15), SECOND REPLAT LOT FIFTEEN (15), GRAND ISLAND MALL EIGNTH SUBDIVSION
<br /> IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 2012 WEBB ST, GRAND ISLAND, NE 68802.
<br /> Trustor presently assigns to Lender(also known as Beneflciary 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 interest in the
<br /> Rents and the Personal Property deNned below.
<br /> DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise deflned in this Deed of !
<br /> Trust shatl have the mear,ings attrbuted 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"Beneflciary"means CerescoBank,its successors and assigns. CerescoBank elso is referced to as"Lender"in this Deed I
<br /> of Trust.
<br /> Deed of Trust. The words "Deed of TrusY' mean this Deed of Trust among Trustor, Lender,and Trustee, and inctudes wfthout Iimitation all
<br /> assignment and security interest provisions relating to the Personal Property and Rents.
<br /> Guerantor. 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 limiiation all existing and future improvements, buildings, structures,
<br /> mobile homes a�ixed 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 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. Speciflcally,without limitation,this Deed af Trust secures,in addition
<br /> to the amounts specifled in the Note,all future amounts Lender in its discretion may loan to Trustor,together with ail interest thereon.
<br /> Lende�. The word"Lender"means CerescoBank,its successors and assigns.
<br /> Note. The word"Note"means the Note deted Januery 27,2000,in the principal amount of s240,000.00 f�om Trustor to Lender,
<br /> together with all renewals,extensions,modifications,reflnancings,and subsHtutions for the Note.
<br /> Peraond Property. The words "Personal Property" mean all equipment, fixtures, and other arHcles of personel property now or hereafter
<br /> owned by Trustor, and now or hereafter attached or aifixed to the Real Property; together with all accessions, parts, and addiHons to, all
<br />; replacemenis of, and all substitutions for, any oi such property; and together with all proceeds (including without Umitation all insurance
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