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<br /> W�N F#ECORDED MAIL TO: �
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802 R �
<br /> �l1�
<br /> ,�O
<br /> �9- 1o6a19
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEFD �F TRU�T
<br /> THIS DEED OF TRUST IS DATED JUNE 4, 1999, among RODNEY L CLARK and SHAWN M CLARK, HUSBAND
<br /> AND WIFE, whose address is 103 VINE STREET, ALDA, NE 68810 (referred to below as "Trustor"); UNITED
<br /> NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE 68802 (referred to
<br /> below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA BANK, whose
<br /> address is P.O. BOX 5018 GRAND ISLAND, NE 68802 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration,Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the beneflt of
<br /> Lender as Beneflciary, all of Trustor's right, title, and interest in and to the following described real property, together with all existlng or
<br /> subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way,and appurtenances; all water,water�ights and
<br /> ditch rights (including stock in utilities with ditch or irrigation rights);and all other rights, royalties and profits relating to tha real prope�, includinQ
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IoCBted In HALL �oUn�/, State Of NebfBSka (L�1C "R681
<br /> Property"):
<br /> LOT FOUR (4), BLOCK TWENTY (20), IN THE ORIGINAL TOWN OF ALDA, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 103 VINE STREET, ALDA, NE 68810.
<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 othervvise defined in this Deed of
<br /> Trust shail have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounls in
<br /> lawful money of the United States of America.
<br /> Beneficiary. The word "Senefiic+ary" rnear�s l;�;ITEO N[BRASKA EAhK, its successors and assigns. U�lITED NEBRASKA BANK also is
<br /> referred to as"Lender"in 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 limit&tlon 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,repiacements 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 UNITED NEBRASKA BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated June 4, 1999, in the principal amount of $36,375.95 from Trustor to Lender,
<br /> toqether with atl renewals,extensions,modiflcatfons,reflnancings,end substitutlons for tha Note. The maturity dat�of th(s Dead of Trust is July
<br /> 1,2001.
<br /> Personal Property. The words "Personal Property" mean all equipment, fi�ures, 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 /> replacements of, and all substitutions for, any of such property; and together with all proceeds (including without Ilmitation all (nsurance
<br /> proceeds and refunds of premiums)from any sale or other disposition of the Property.
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