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<br /> WHEN RECORDED MAIL TO: � v, cr1�
<br /> UNITED NEBRASKA BANK � �
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802
<br /> r--,
<br /> � �
<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 ARTURO VALDEZ and RACHELLE VALDEZ, HUSBAND
<br /> AND WIFE, whose address is 109 W 4TH, 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 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 properry including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IoCeted In HALL County, State of Nebraska (the "Real
<br /> Property"):
<br /> LOTS FOUR (4) AND FIVE (5), IN BLOCK THREE (3), IN CLARKSON'S FIRST ADDITION TO THE
<br /> VILLAGE OF ALDA, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 109 W 4TH, ALDA, NE 68810. The Real Property tax
<br /> identification number is 400174251.
<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 clefined 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 /> 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 wiihout 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 /> Indebted�ess. The word"Indebiedness"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 29, 1999, in the principal amount of $32,000.00 from Trustor to Lender,
<br /> together with all renewais, extensions, modifications, refinancings, and substitutions for the Note. The maturity date of this Deed of Trust is
<br /> August 1,2004.
<br /> Personal Property. The words "Personal Property' mean all equipment, fixtures, and other articles of personal property now or hereaffer
<br /> owned by Trustor, and now or hereafter attached or a�xed to the Real Property; together with all accessions, parts, and additions to, alt
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