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<br />WHEN RECORDED MAIL TO: AZ'T E 2
<br />U.S. Bank National Association U.S. BANK 1.
<br />233 South 13th Street
<br />Lincoln, NE 68508 1700 FARNAM STREET
<br />OMAHA NE 68102
<br />SEND TAX NOTICES TO:
<br />David Larson and Catherine Larson
<br />505 Linden Ave.
<br />Grand Island, NE 68801
<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST IS DATED FEBRUARY 6, 2001, among David Larson and Catherine Larson, husband
<br />and wife as joint tenants, whose address is 505 Linden Ave., Grand Island, NE 68801 (referred to below as
<br />"Trustor "); U.S. Bank National Association, whose address is 233 South 13th Street, Lincoln, NE 68508
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and U.S. Bank National
<br />Association, whose address Is 1700 Farnam Street, Omaha, Nebraska 68102 (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 Trustor's 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 property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located in Hall County, State of Nebraska (the "Real
<br />Property "):
<br />Fractional Lot Six (6), Fractional Lot Seven (7), and Lot Eight (8) in Fractional Block Eleven (11), in
<br />Joehnek's Addition to the City of Grand Island, Hall County, Nebraska and that part of vacated alley as
<br />shown in Ordinance No. 7856, filed September 15, 1992 in the Register of Deeds Office as Document
<br />No. 92-107990. '
<br />The Real Property or its address is commonly known as 318,320,322 Maple Street, Grand Island, NE 68801.
<br />The Real Property tax identification number is 400050161.
<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 U.S. Bank National Association, its successors and assigns. U.S. Bank National Association 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 Larson Construction, Inc.
<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
<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 U.S. Bank National Association, its successors and assigns.
<br />Note. The word "Note" means the Note dated February 6, 2001, in the principal amount Of $52,500.00 from Borrower to Lender,
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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 FEBRUARY 6, 2001, among David Larson and Catherine Larson, husband
<br />and wife as joint tenants, whose address is 505 Linden Ave., Grand Island, NE 68801 (referred to below as
<br />"Trustor "); U.S. Bank National Association, whose address is 233 South 13th Street, Lincoln, NE 68508
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and U.S. Bank National
<br />Association, whose address Is 1700 Farnam Street, Omaha, Nebraska 68102 (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 Trustor's 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 property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, located in Hall County, State of Nebraska (the "Real
<br />Property "):
<br />Fractional Lot Six (6), Fractional Lot Seven (7), and Lot Eight (8) in Fractional Block Eleven (11), in
<br />Joehnek's Addition to the City of Grand Island, Hall County, Nebraska and that part of vacated alley as
<br />shown in Ordinance No. 7856, filed September 15, 1992 in the Register of Deeds Office as Document
<br />No. 92-107990. '
<br />The Real Property or its address is commonly known as 318,320,322 Maple Street, Grand Island, NE 68801.
<br />The Real Property tax identification number is 400050161.
<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 U.S. Bank National Association, its successors and assigns. U.S. Bank National Association 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 Larson Construction, Inc.
<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
<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 U.S. Bank National Association, its successors and assigns.
<br />Note. The word "Note" means the Note dated February 6, 2001, in the principal amount Of $52,500.00 from Borrower to Lender,
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