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<br /> WHEN RECORDED MAIL TO: �
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802 (�
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED JANUARY 28, 2000, among JERRY D O'BRIEN and PEGGY A O'BRIEN,
<br /> HUSBAND AND WIFE, whose address is 4204 W CAPITAL AVE, GRAND ISLAND, NE 68803 (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 consideratlon, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the beneflt of
<br /> Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequently erected or affixed buiidings, improvements and fixtures; all easements, rights of way,and appurtenances; all water, water rights and
<br /> ditch rights (including stock in utilities with ditch or inigation rights);and all other rights, royalties and profits relating to the real prope�y including
<br /> without limitation all minerais, oil, gas, geothermal and similar matters, IOC8t2d In HALL �Oun�/, Stat@ Of Nebl'a8ka (LIl@ "Real
<br /> Property"):
<br /> NORTHWEST QUARTER (NW1/4) AND THAT PART OF THE NORTH HALF OF THE SOUTNWEST
<br /> GIUARTER (N1/2SW1/4), LYING NORTH OF THE U.P.R.R. CO. RIGHT-OF-WAY AND U.S. HIGHWAY AND
<br /> U.S. HIGHWAY 30, ALL IN SECTION THRITY-TWO (32), TOWNSHIP TEN (10), NORTH, RANGE TWELVE
<br /> (12), WEST TO THE 6TH P.M., IN HALL COUNTY, NEBRASKA, EXCEPTING THEREFROM PROPERTY
<br /> CONVEYED TO THE COUNTY OF HALL BE DEED RECORDED IN BOOK 95 AT PAGE 275 OF THE
<br /> OFFICIAL DEED RECORDS OF HALL COUNTY, NEBRASKA, AND EXCEPTING A SECOND TRACT
<br /> CONVEYED BE DEED RECORDED IN BOOK 122 AT PAGE 347 OF SAID OFFICIAL DEED RECORDS;
<br /> AND TRACT AS SHOWN IN DOCUMENT NO. 97-110506.
<br /> The Real Property or its address is commonly known as VACANT FARM LAND, GRAND ISLAND, NE 68803.
<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 Commerciai Code security interest in the
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise deBned in this 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 /> Beneflc(ary. The word "Beneficiary" means UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Borrower. The word"Borrower"means each and every person or entity signing the Note,including without limitation JERRY D O'BRIEN.
<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 /> assignment and security interest provisions relating to the Personal Property and Rents.
<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
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