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<br /> ;��. . DEED O� 'TRUST ,
<br /> . ; �:�:, • . . .
<br /> � '`Y• � ' TMlS OEEQ O�TRUST!S A CONSTRUCTIOM SECURIl1f AGREEMENT • . -
<br /> .,�'t�� , � - ,: _
<br /> ,�'--i• :. � ' ���� WITHIN TtIE P�tlEANIN{i OF TttE NEBRASKA CONS'fitUCTION LIE�f ACT . . _
<br /> '. e.°.;'., �• . � �' , �.���.
<br /> " � THIS DEED OF TRtiST IS QATED JANUARY 14, 1999, among REIS CONSTRUCTtON. INC., A NEBRASKA � ,
<br /> �T'.��'�. . CORPORATIQN.whose address la 1112 E HALL,�RAND!Sl1WD,NE 68801(reteRed to betaw as'Tiustor"?; : - . .
<br /> ' "�`•� , . . . UNtiED NEBRASILA 9ANK, whose �ddress is 700 M WEBB RD, PO BOX 5018, GIAAMD ISLAND. NE 68642 .
<br /> �`�'-� - " � (reterred to below somettmea as "Lertder" and sometimes as "Bensflelary°); end UNfTED NEBAASKA�AjVtt, , •
<br /> �• �;%� '.� .. whose address ts 700 N WEBB RD, PO BOX 5018 ! GRAN� ISLAND, NE 6880Z (retened to beiow es
<br /> .; i ��` � � 'TrUStee"). • �
<br /> . F_...
<br /> �, r•.� , , .4 CONVEYMtC£AND ORANT. For vatunbte cens:ideration,Tru�tor eonveys to Trustee In trust.WtTH P�VIIER OF SALE,Por tt�e beaOAt of .
<br /> Lender a9 BeneflCiary, ail of Trustors �ight,t�le,and Interest in and to the toltovdng desc�ibed reat propeAy. togetAer with aU e�OsUng or . .
<br /> ���� ' • Subsequenity erected or affaeA buittlings,Improvements and fixtures:ell ea5ements,dghtS oltivay,and appuRe�ence9;etl wetar,water rlght9 and ,
<br /> t�i ;' .� ditch dghts(induding stock in utifi6es��h ditch Ot irrigation dghtsj;end eil othet dghi9,royLL�OU�r�fi St� O� 1�@b$SkBp(UI�°«R@81 '
<br /> � :`• . � � wilhoul IimiteUOn ell mtnerals, ot,gaS,geothe�mal end stmilar matteB,located in t�A h/, ,
<br /> a i�� . . Praperty���:
<br /> , .� '- � � LOT FORTY FIVE (45), JEFFREY OAKS SIXTH SUBDIVISION. IN THE CITY OF GRAND ISLAIdO, HALL
<br /> ' ' � � ' F COUNTY.NEBRASKA.
<br /> � `; . '
<br /> '�� � ' � . • � The Reat Property or its address is commonly knouun ea LOT 45 JEF�REY OAlCS SIMFI SUB.GRAND ISLAND, i • ,.
<br /> �:: : :. . � - ' • �i NE 68803. ` . .
<br /> ' . � Trusfor presentiy assigns to Lender(aiso known as Benefic�ary in Ihis Deed ot Trust)ali ot 7rusto�s�gh1,title.and�nternsl In 8nd fo a��prosont a�d �
<br /> �'t� ' tuture lease5 of the Properlyr 9nd all Rents from the Property. �n adddion,Trustor flrants Londer a Uniform COmmerClal COde SeCUrity intetest In ihe
<br /> ;� .. . J Ren�and th0 Personal Prope�ty defined bBioN. � '
<br /> :f,:, � . � •
<br /> OEPINITIONS. The tonowing words shail Aave�he tollovnng meamngs v�hen used in fhis Deed of Trust. Terms not athenvise daflned in IAIS Deed ot +
<br /> � . t 7rust shall have the meanings etlnbutad to suCh t2rms in the Unitam Commercial Code. A�I refere:+ces to doila�amounts shall mean em0�n15�n
<br /> � ,. . ' ' lawtu�money ot tho Uroted States of America. � •
<br /> i_�'.� . 1 � �
<br /> - ,�': . ' � Benetielary. The word "Benef�c�ary' mea�s UNITED NcBAASKA BANK. d5 SuC�sso�s antl assigns. UNtTEO NEBFWSKA BANK afso is
<br /> . �., � rafOftBd�0 a5"LOndBr"in Ih�S D9ed Ot TN9:. -
<br /> � ��� � Oeed o1 Trust. The wcrds"Doan of T�us!" �ea� �h�5 Oeod 0�Trust among T:uStqr. Lo'+der,a�d TruStee.�nd��Ciudes•xd�0ut hmitIIl�On�II , , .
<br /> -- " r- . � assgnmoM f�nd secunty ir.t3rgst provS�orK ie�3t�ng to tha Pen�o�at Property an�RgMS .
<br /> .�� i � Gunrantor. Tne woftl 'Guaran�o�" mea�s and �nC�uCES '�n�h0U1 I�miT11�On,7ny and e'I gua�a��o�s, su�et�es. a�A accommodat�on part:es�� .
<br /> � � :o��PCtiOn rtith thp IndBbtednoSS ,
<br /> � IrtiptOVBrt18�tS. Thp��iC�d��'T+D�OVOmen15'moen5 �cd mCludos �+���hout i�m���bOn pll ex�st�nq and tu�u��improvements,bu�Id��gS.Struetures.
<br /> � ' � mOb��e home5�f��xgd On IC8 Rvnl�r04�rtY.fgr;ICiee.�Od�6pr5,rep�aCO�^8nt5 ar.tl Othor Cor,�t�uC��On on t�e Re31 PrOpe�'t/.
<br /> •.i
<br /> t . Indebtedness• '��l�o�d���dsD'PJrgiS'To8n5��I p'�C�pal 3rd��`e�e>�oivab'o u�der m�Not�a�d any amounts experded o�advonced bv
<br /> nr.rinr t0 d!aC�3rqp�p!:qghCr.t^�'r�5'Or pr exp°r.c05�^C:crrz�by T�uS1CP C�LO�dB''0 B�}C'C9 Cb!�g3hpn5 01 TructO�U�dBr Ih�S D£9d 01 TtuSC ,
<br /> . . . ' ��rt���7-.�n ir'P.ns'n e.�-n �r^�.��'�le;1'J':'�c!1�n t�i.;i'aJ�r i .. . - ..
<br /> ' ' lendet r..���:c..� �:,.,��p,-R-N�.:c„�."::�titi��:t�Sf�,a:.^:�_.�;�:�cessc >a-d a»y,�
<br /> �. � uo�e rne wo�d Note me�n51�C N01C dJtfd JJnUAty 11.7999.Ifl tf�e pnncipal amount oi S90.00�.00 �.�T •...;.�.'��°�"..
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