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<br /> WHEN RECORDED MAIL TO:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802
<br /> ""-�,
<br /> - O
<br /> �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED JULY 29, 1999, among JAMES THOMPSON and LINDA THOMPSON,
<br /> HUSBAND AND WIFE, whose address is 401 N MYRTLE, ALDA, NE 68810 (referred to below as "Trustor");
<br /> UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE 68802
<br /> (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA BANK,
<br /> whose address is P.O. BOX 5018 GRAND ISLAND, NE 68802 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable considerat(on, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br /> Lender as Beneficlary, 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; aii 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, ro alties,and profits relating to the real prope�y includin
<br /> without limitation all minerais, oii, qas, geothermal and similar matters, located m H�►LL County, State of Nebraska (the "Rea�
<br /> Property"):
<br /> LOT FIVE (5) AND THE WESTERLY TEN 910) FEET OF LOT SIX (6) IN THE SUBDIVISION OF LOT FOUR
<br /> (4) OF COUNTY SUBDIViSION OF PART OF THE NORTH HALF (N1/2) OF SECTION FIVE (5), TOWNSHIP
<br /> TEN (10) NORTH, RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 401 N MYRTLE, 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 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 UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Borrower. The word "Borrower" means each and every person or entity signing the Note, including without limitation ARTURO VALDEZ and
<br /> RACHELLE VALDEZ.
<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 discharpe oblipetions of Trustor or expenses incurred by Trustee or Lender to enforce obligetions ot Trustor under thla Deed of Trust,
<br /> togelher with interest on such amounts as provided in this Deed of Trust. In addition to the Note, the word "Indebtedness" includes all
<br /> obligations, debts and liabilities, plus interest thereon, of Borrower to Lender, or any one or more of them, as well as all claims by Lender
<br /> against Borrower, or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the
<br /> Note,whether voluM6ry or otherwise,whether due or not due,abs�ute or contingent,liquidated or unliquidated and whether Borrower may be
<br /> Ilable individually o�Jointly with others,whether obligated as guarantor or othsrwise,and whether recovery upon such Indebtedness may be or
<br /> hereafter may become barred by any statute of limitations, and whether such Indebtedness may be or hereafter may become otherwise
<br />
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