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<br /> 99 107366
<br /> WHEN RECORDED MAIL TO:
<br /> UNITED NEBRASKA BANK �
<br /> 700 N WEBB RD
<br /> PO BOX 5018 '�
<br /> GRAND ISLAND,NE 68802 �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED JULY 12, 1999, among CHRIS L MCKEON, , AN UNMARRIED INDIVIDUAL„
<br /> whose address is 2003 N SHERMAN, 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 /> CONVEVANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the beneHt of
<br /> Lender as BeneBclary, all of Trustor's right, titie, and interest in and to the foilowing described real property, together with all existing or
<br /> subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way,and appurtenances; ali 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, IOCBted In HALL COUn�/, StatE Of N@brBSka (LIl@ "Re81
<br /> Property"):
<br /> LOT SIXTEEN (16), BLOCK EIGHTEEN (18), UNIVERSITY PLACE, AN ADDITION TO THE CITYOF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 2003 N SHERMAN, 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 a�l present and
<br /> future leases of the Property and all Rents from the Property. In addition,Trustor grants Lender a Uniform Commerciai Code security interest in the
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The following words shall have the follQwing meanings�vhen 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 /> lawfui 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 oi 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 ali 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 UNITED NEBRASKA BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated July 12, 1999, in the principal amount of $11,036.00 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 July
<br /> 15,2005.
<br /> Personal Property. The words "Personai Property" mean all equipment, fixtures, an�Q�er eTtiGl�sroh pg�somal property now or hereafter
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