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<br /> RECORDATION REQUESTED BY: � p
<br /> CENTRAL BANK
<br /> 1634 16TH ST
<br /> POBOXIT7
<br /> CENTRAL CITY,NE 68826-0177
<br /> MN�EN�i�C�DE�f`°iMA�I. TO:
<br /> CENTRAL BANK
<br /> 1634 16TH ST
<br /> POBOX177
<br /> CENTRAL CITY,NE 68826-0177 �
<br /> � O
<br /> SEND TAX NOTICES TO: � 'p��
<br /> MICHAEL S. GAGHAGEN and JANET G. �
<br /> W ILKES—GAGHAGEN
<br /> 4163 SPRINGVIEW DRIVE
<br /> GRAND ISLAND,NE 68803
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEE� OF TRU�T
<br /> THIS DEED OF TRUST IS DATED MAY 19, 1999, among MICHAEL S. GAGHAGEN and JANET G.
<br /> WILKES-GAGHAGEN, HUSBAND AND WIFE, whose address is 4163 SPRINGVIEW DRIVE, GRAND ISLAND, NE
<br /> 68803 (referred to below as "Trustor"); CENTRAL BANK, whose address is 1634 16TH ST, P O BOX 177,
<br /> CENTRAL CITY, NE 68826-0177 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br /> and CENTRAL BANK, whose address is 1634 16TH ST P 0 BOX 177 CENTRAL CITY, NE 68826-0177
<br /> (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, IOCBt@d 111 HALL COUnty, State of Nebraska (th@ "Re81
<br /> Property"):
<br /> Lot 30, Westroads Estates Third Subdivision, Hall County, Nebraska
<br /> The Real Property or its address is commonly known as 4163 SPRINGVIEW DRIVE, GRAND ISLAND, NE
<br /> 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 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 CENTRAL BANK, its successors and assigns. CENTRAL BANK also is referred to as "Lender"in
<br /> this Deed of Trust.
<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 CENTRAL BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated May 19, 1999, in the principal amount of $32,900.00 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 May
<br /> 5,2024. 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
<br />
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