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<br /> WHEN RECORDED MAIL TO: c.,�a � N
<br /> I�NITED NEBRASKA BANK �'
<br /> 700 N WEBB RD
<br /> Po,eox so�a �
<br /> GRAN4 ISLAND,NE 6d802 '
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE OIiY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED DECEMBER 6, 1999, amonq JIMMY L JOHNSON and SHARON R JOHNSON�
<br /> HUSBAND AND WIFE, whose addres� is 1507 CHURCH, 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 aa "Beneficiary"); and UNITED NEBRASKA
<br /> BANK,whose address is 700 N WEBB RD., GRAND ISLAND, NE 68803 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For vduabk consideretlon,Trustor conveys to Trusiee In trust,WITH POWER OF SALE, for the benefit M
<br /> Lender as Benetfclary, all of Trusto�s right, tlde, and interest in and to the foHowing described real property, together with ail exlstlnp or
<br /> subsequendy erected or affoced buildings,improvements and fixtures;aN easemenls,riphis of way,and appurtenarxes;aN water,water rights and
<br /> ditch rights(includinfl stock in udlities wfth ditch or impation Aghts);and ali other righis, ro alties and pro8ts relaany to the real pr ,includi
<br /> itie ��y� � ng
<br /> without limitation aH minerals, ai, gas, geothermal and similar matters, IoCB�d in FIALL �OUn�/, StB� of NeLNaSks (t "Re81
<br /> Property"): �
<br /> LOT THREE (3), WOLFE'S THIRD SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> The Real Property or its address is commonly known as 3015 W FAIDLEY AVE, GRAND ISLAND, NE 68803.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in thi�Deed of Trust)aN of Trustor's right,tlile,and interest in and to all present and
<br /> future leases of the Property and aR Rents from the Properiy. in addHion,Trustor y�anis Lender a Unfform Commercial Code security interest in the
<br /> Rents and the Personal Property deflned below.
<br /> DEFINITIONS. The foNowirp 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 terrr�in the Uniform Commercial Code. All refere�to dollar amounts shall mean amounts in
<br /> lawfut money of the United States of America.
<br /> Beneflciary. The word "Beneficiar�/' means UNITED NEBRASKA BANK, ils sucx;essors and assipns. 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 amon�Trustor, Lender,and Trustee, and includes withoW IimitaUon all
<br /> assignment and security interest provisions relatiny to the Personal Property and Renis.
<br /> Guarantor. The word "Guarantor" means and includes without Amitation any and all guarantors, surefies, and accommodatlon parties in
<br /> connecHon with the Indebtedr�ess.
<br /> Improvemenb. The word "Improvements"means and indudes without Hmitadon aN e�dsting and future improvemenls, buNdings, structures,
<br /> mobile homes affoced on the Real Property,facilities,addiHons,replecemenls and oth�construcHon on the Real Properiy.
<br /> Indebtedness. The word"Indebtedr�ess"means aR principal and interast payable under the Note and any amounts expended or advarx�d by
<br /> Lender to discharge obligatlons of Trtutor or e�enses incurred by Trustee or Lender to enforce obligadons 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 /> obligatlons,debts and IiabiliHes,plus interest thereon,of Trustor to Lender,or any one or more of them,as well as all claims by Lendar against
<br /> Trustor,or any one or more of them,whether now e�dstinp or hereaHer arisir�y,whether related or unrelated to the purpose of the Note,whether
<br /> vduntary a othwwisa,wtwttwr dw a not duw,absolute a contlnyent,liquid�tod a unliquidtted a�d whether Trusta rt�y bo li�bl�i�dividwlly
<br /> or jdndy with others, whether obligated as guarantor or otherwise, and w�ether recovery upon such Indebtedness may be or hereafter may
<br /> become barred by any statute of limitations, and whether such indebtedness may be or hereafter may become otherwise unenforceable.
<br /> (Initi�Flere ►
<br /> Lender. The word"LwxMr"means UNITED NEBRASKA BANK,i!s succ�aors and assigns.
<br /> Note. The word"NOte"means the Note dated December 6,199l,in the principal amourrt of 565,375.70 irom Trustor to Lender,
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