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<br /> 99 :�C� 95 � �
<br /> UNITED NEBRASKA BANK �
<br /> 700 N WEBB RD
<br /> PO BOX 5018 Q
<br /> GRAND ISLAND,NE 68802 ��
<br /> �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED SEPTEMBER 27, 1999, among WARD DEWAYNE SCHICK and LINDA K
<br /> SCHICK, HUSBAND AND WIFE, whose address is 610 DEAN ST, GRAND ISLAND, NE 68801 (referred to
<br /> below as "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND
<br /> ISLAND, NE 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED
<br /> NEBRASKA BANK, whose address is 700 N WEBB RD., GRAND ISLAND, NE 68803 (referred to below as
<br /> "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 property including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCated In HALL �OUnty, State of Nebraska (t(ie "Real
<br /> Property"):
<br /> LOT TWO (2) OF DEAN'S SUBDIVISION OF LOT SIX (6) OF FAIRACRES SUBDIVISION, LOCATED ON
<br /> PART OF THE SOUTHWEST QUARTER (SW1/4) OF SECTION THREE (3), IN TOWNSHIP ELEVEN (11)
<br /> NORTH, RANGE NINE (9) WEST OF THE SIXTH P.M., IN HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 610 DEAN 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 Gode. 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 supcessors 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 PropertK 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 Reai Property,facilities,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means al�principal and interest payable under the Note and any amounts�zpended or advanced by I
<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. In addition to the Note, the word "Indebtedness" includes all
<br /> obligations, debts and liabilities,plus interest thereon,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 otherwise,whether due or not due,absolute or contingent,liquidated or unliquidated and whether Trustor may be liable individually
<br /> or jointly with others, whether obligated as guarantor or otherwise, and whether recovery upon such Indebtec�ness may be or hereafter may
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