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RECORDATION REQUESTED BY:
<br />EXCHANGE BANK
<br />P.O. BOX 760
<br />14 LABARRE
<br />GIBBON, NE 66640 -0760
<br />WHEN RECORDED MAIL TO:
<br />EXCHANGE BANK
<br />P.O. BOX 760
<br />14 LABARRE
<br />GIBBON, NE 688404760
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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 OCTOBER 27, 2000, among LEE LACEY and NELLIE LACEY, HUSBAND AND
<br />WIFE AS JOINT TENANTS, whose address is P.O. BOX 638, SHELTON, NE 68876 (referred to below as
<br />"Trustor "); EXCHANGE BANK, whose address Is P.O. BOX 760, 14 LABARRE, GIBBON, NE 68840 -0760
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and EXCHANGE BANK, whose
<br />address its P.O. BOX 760 GIBBON, NEBRASKA 68840 -0760 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustors right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected 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 ditch or irrigation rights); and all other rights, royalties, and profits relating to the real properh, , including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located in BUFFALO County, State of Nebraska (t a "Rea
<br />Property"):
<br />THE SOUTH HALF (S1/2) OF THE NORTHWEST QUARTER (NW1 /4) AND THE SOUTHWEST QUARTER
<br />OF (SE7 /4) OF SECTION NINETEEN (19), TOWNSHIP ELEVEN (11) NORTH, RANGE TWELVE (12) WEST
<br />OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as P.O. BOX 638, SHELTON, NE 68876.
<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 interest in the
<br />Rents and the Personal Property defined below.
<br />DEFINITIONS. The foUowingyVords shah have the follow.! M .rnoaiing&YA=iiwd,in. #tb-Dead..of ?rust' , T. am simt. otbanvisw-defiradrin. this Dead 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 />Beneficiary. The word "Beneficiary" means EXCHANGE BANK, its successors and assigns. EXCHANGE BANK also is referred to as "Lender"
<br />in this Deed of Trust.
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<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 Properly 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
<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.
<br />Lender. The word "Lender" means EXCHANGE BANK, its successors and assigns.
<br />Note. The word "Note" means the Note dated October 27, 2000, in the principal amount of $16,337.19 from Trustor to Lender,
<br />together with all renewals, extensions, modifications, refinancings, and substitutions for the Note. The maturity date of this Deed of Trust is
<br />October 15, 2005. NOTICE TO TRUSTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and additions to, all
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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 OCTOBER 27, 2000, among LEE LACEY and NELLIE LACEY, HUSBAND AND
<br />WIFE AS JOINT TENANTS, whose address is P.O. BOX 638, SHELTON, NE 68876 (referred to below as
<br />"Trustor "); EXCHANGE BANK, whose address Is P.O. BOX 760, 14 LABARRE, GIBBON, NE 68840 -0760
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and EXCHANGE BANK, whose
<br />address its P.O. BOX 760 GIBBON, NEBRASKA 68840 -0760 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustors right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected 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 ditch or irrigation rights); and all other rights, royalties, and profits relating to the real properh, , including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located in BUFFALO County, State of Nebraska (t a "Rea
<br />Property"):
<br />THE SOUTH HALF (S1/2) OF THE NORTHWEST QUARTER (NW1 /4) AND THE SOUTHWEST QUARTER
<br />OF (SE7 /4) OF SECTION NINETEEN (19), TOWNSHIP ELEVEN (11) NORTH, RANGE TWELVE (12) WEST
<br />OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as P.O. BOX 638, SHELTON, NE 68876.
<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 interest in the
<br />Rents and the Personal Property defined below.
<br />DEFINITIONS. The foUowingyVords shah have the follow.! M .rnoaiing&YA=iiwd,in. #tb-Dead..of ?rust' , T. am simt. otbanvisw-defiradrin. this Dead 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 />Beneficiary. The word "Beneficiary" means EXCHANGE BANK, its successors and assigns. EXCHANGE BANK also is referred to as "Lender"
<br />in this Deed of Trust.
<br />'s
<br />C
<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 Properly 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
<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.
<br />Lender. The word "Lender" means EXCHANGE BANK, its successors and assigns.
<br />Note. The word "Note" means the Note dated October 27, 2000, in the principal amount of $16,337.19 from Trustor to Lender,
<br />together with all renewals, extensions, modifications, refinancings, and substitutions for the Note. The maturity date of this Deed of Trust is
<br />October 15, 2005. NOTICE TO TRUSTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and additions to, all
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