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<br /> 99 106994
<br /> Q MM�N RECC�t�C�.�11�i►�L T(4:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802 �j
<br /> �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF" TRUST
<br /> THIS DEED OF TRUST IS DATED JULY 7, 1999, among LARRY D GRIM and RITA L GRIM, HUSBAND AND
<br /> WIFE, whose address is 2216 W JOHN, GRAND ISLAND, NE 68803 (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 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 prope�y, including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCeted In HALL �OUnty, State of Nebraska (the "Real
<br /> Property"):
<br /> THE EASTERLY ONE HALF (E1/2) OF LOT NINETEEN (19) AND ALL OF LOT TWENTY (20), BLOCK SIX
<br /> (6), IN ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 2216 W JOHN, GRAND ISLAND, NE 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 othervvise 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 /> 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 /> Existing Indebtedness. The words "Existing Indebtedness" mean the indebtedness described below in the Existing Indebtedness section of
<br /> this Deed of Trust.
<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 af�xed on the Real Property,facilities,additions,replacements and other constCUCtion on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means ai�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 July 7, 1999, in the principal amount of $19,088.32 from Trustor to Lender,
<br /> logether with all renewals,extensions, modifications,refinancings,and substitutions for the Note. The maturity date of this Deed of Trust is July
<br /> 20,2003.
<br /> Personal Property. The words "Personal Property" mean all equipment, fixtures, and othet articles �f.par�or�E•property now or hereafter
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