|
� i a
<br /> n � z � y
<br /> m �D„ N � _ �
<br /> R � � o � m
<br /> � rn c �► N i"t1
<br /> � � � �-
<br /> �m., Q' -< o o `-�°
<br /> o F"'' o -n o p�
<br /> � � � Z � �y
<br /> � � x rn y
<br /> rn � A o� O �
<br /> 20Q001123 ' � '� D `� �'
<br /> �� � �
<br /> o � � _
<br /> � cr •�.�. � �
<br /> rn �„ �,a ,_.,.
<br /> � Z
<br /> 0
<br /> � ��
<br /> M(k�EN REGORDED MAIL TO:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802
<br /> ��
<br /> G
<br /> � �
<br /> O�
<br /> :t
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY �
<br /> DEED OF TRUST �
<br /> THIS DEED OF TRUST IS DATED DECEMBER 27, 1999, among DARWIN L DAILY and VERONICA S DAILY,
<br /> HUSBAND AND WIFE, whose address is 2216 COTTONWOOD ROAD, GRAND ISLAND, NE 68801 (referred to
<br /> below as "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND �
<br /> ISLAND, NE 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED °
<br /> NEBRASKA BANK, whose address is 700 N WEBB RD / PO BOX 5018, GRAND ISLAND, NE 68802 (referred to ';
<br /> below as "Trustee"). ;
<br /> ;
<br /> CONVEYANCE AND GRANT. For valuable consideratlon, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit 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 /> subsequentiy 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 ail other rights, royalties and profits relating to the real prope�y, including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCBted In HALL �OUn�/, Stat2 of N@br88k8 (Llle "Real
<br /> Property"):
<br /> LOT SEVENTEEN (17), BLOCK FOUR (4), IN THE REPLAT OF RIVERSIDE ACRES, AN ADDITION TO
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKS
<br /> The Real Property or its address is commonly known as 2216 COTTONWOOD ROAD, GRAND ISLAND, NE `
<br /> 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 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 defined 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 /> Beneficiary. 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 /> Credtt Agreement. The words "Credit AgreemenY' mean the revolving credit agreement dated: December 27, 1999,with a credit limit
<br /> Itl the amount of $30,000.00, between Trustor and Lender, together with all renewals, extensions, modifications,
<br /> refinancings,and�ub it`` the Credit Agreement.
<br /> Deed of Trust. Th s "Deed of TrusY' 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. Th�rd "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 Resl Property,facilities,additions,replacements and other construction on the Real Prope�ty.
<br /> Indebtedness. The word"Indebtedness"means all principai and interest payeble under the Credit Agreement and any amounts expended or
<br /> advanced by Lender to discharge obligations of Trustor or expenses incurred by Trustee or Lender to enforce obligations of Trustor under this
<br /> Deed of Trust,together with interest on such ampunts as provided in thls Deed of Trust. Specitically,without Ilmifatlon,thia Deed of Trust
<br /> secures a revolviny Iine of credit,which obligates Lender to�ndce advances to Trustor so long es Trustor complles with all the terms
<br /> of the Credit Agreemeni. Such advances may be made, repaid,and remade from time to time,subJect to the Ilmitation that the total
<br /> ' �� ` � .� .�
<br /> � . _
<br />
|