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<br /> WHEN RECORDED MAIL TO:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND IS�AND,NE 68802
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<br /> 0
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEEG OF TF�U�T
<br /> THIS DEED OF TRUST IS DATED AUGUST 4, 1999, among JEFFREY B. GALLION and MARY JO T. GALLION,
<br /> HUSBAND AND WIFE, whose address is 1122 W 5TH ST, GRAND ISLAND, NE 68801 (referred to below as
<br /> "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE
<br /> 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA
<br /> BANK, whose 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 Beneticiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequently erecied 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 property, including
<br /> withoui limitation all minerals, oil, gas, geothermal and similar matters, IOCeted In HALL COUnty, State of Nebraska (th@ "RE81
<br /> Property"):
<br /> LOT SIX (6), BLOCK EIGHTEEN (18), WALLICH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 1122 W 5TH ST, GRAND ISLAND, NE 68801.
<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 doliar amounts shall mean amounts in
<br /> lawful money o!the Unitsd 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"Lende�'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 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 /> iogether with inierest 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 August 4, 1999, in the principal amount of $3,335.50 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
<br /> August 15,2004.
<br /> Personal Property. The words "Personal Property" mean all equipment, fixtures, and other arficles of personal property now or hereafter
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