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<br /> WHEN RECORDED MAIL TO:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> GRAND ISLAND,NE 68802 �Q.. ��8531
<br /> iJ C��:���
<br /> �
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED AUGUST 24, 1999, among SCOTT C LANE and CINDRA K LANE, HUSBAND
<br /> AND WIFE, whose address is 805 E SUNSET, GRAND ISLAND, NE 68801 (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 700 N WEBB RD., GRAND ISLAND, NE 68803 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the beneHt of
<br /> Lender as Beneticiary, all of Trustor's right, title, 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; atl water, water rights and
<br /> ditch rights (including stock in utililies with ditch or irrigation rights);and all other rights, royalties, and profits relating to the real prope , including
<br /> without limitation all minerals, oil, gas, geotherma� and similar matiers, (OCated In HALL COUnty, State of Nebraska (t e "Reel
<br /> Property"):
<br /> LOT ONE HUNDRED SIXTY-THREE (163) IN BUENAVISTA SUBDIVISION, AN ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 311 E NEBRASKA, 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 Ren1s 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!ollowing words shall have 1he following meanings when�sed 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, iis successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in ihis 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 /> Guaranior. 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 /> together with inierest 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 ihereon,of Trustor to Lender,or any one or more of them,as well as all claims by Lender against
<br /> Trustor,or any one or more of them,whether now existing or hereafter arising,whether related or unrelated to the purpose of the Note,whether
<br /> voluntary or oiherwise,whether due or not due,absolute or contingent,liquidated or unliquidated and whether Trustor may be liable individuaily
<br /> or jointly with oihers, whether obligated as guarantor or otherwise, and whether recovery upon such Indebtedness may be or hereafter may
<br /> become barred by any siatute of limitations, and whether such Indebledness may be or hereafter may become otherwise unenforceable.
<br /> (Initial Here )
<br /> Lender. The word"Lender"means UNITED NEBRASKA BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated August 24, 1999, in the principal amount of $40,500.00 from Trustor to Lender,
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