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<br /> ��C�IbEC� MAII.'I'O:: �
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> CaRAND ISLAND,NE 6�02
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE OIiY
<br /> �AEE�1._�:TRUST
<br /> THIS �EED OF TRUST IS DATED DECEMBER 3, 1999, among JOHN C WALLACE and JAN�T M WALLACE,
<br /> HUSBAND AND WIFE, whose address is 2921 W 13TH ST, GRAND ISLAND, NE 68803 (referred to below as
<br /> "Trustor"); UNITED NEBRASKA BANK, whose address is 7�0 N WEBB RD, PO BOX 5018, GRAND 1SLAND, NE
<br /> 68802 (refer�ed 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 consideratlon,Trustor conveys to Trostee in trust,WITH POWER OF SALE, tor the beneM of
<br /> Lender as �eneflciary, all of Trustor's right, tide, and interest in snd to the fdlowing described real,property, ,topether with aU e�dsNnp or
<br /> subsequenHy erectetl or atfoced buildings, improvements and Ibctures;aA easements, rights of way,and appurtenarx�s;aM water,water rights and
<br /> ditch rights (includlnp stock in utilitles with ditch or irrigatlon rights);and aN other rights, ro alties and proflts relaHnq to the rea prc�y,indudirq
<br /> without limitatton ali minerais, oil, gas, geothermal and similar matters, located in .H�►LL �ounty, State of Nebra$ka (tf�e Re�H
<br /> Property"):
<br /> LOT'ELEVEN (11�), IN BLOCK ONE (1), 1N C.OLONIAL ESTATES SUBDIVISION, IN THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA. .
<br /> The Real Property or its address is commonly known as 2921 W 131'H ST, GRAND ISLAND, NE 68803.
<br /> Trustor presendy assigns to Lender(siso kn,own as Beneficiary in this Deed of Trust)aN of Trustor's right,tiile,and interest in and to eN prese�t and
<br /> future leases of the Property and all Rents irom the Properiy. In addition,Trustor grants Lender a Uniform Commercial Code securfty fnterest in the
<br /> Rents and the Personal Properiy defined below.
<br /> DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise deflned in this Deed of
<br /> Trust shall have the meanings attributed to such terms in the Uniform Commercial Code. All refererices to doller amounts shall mean amounts in
<br /> lawful money of the Unfted States of America.
<br /> Beneflcl�y. The word "Beneficfary" means UNITED NEBRASKA BANK, its successors and assigRS. ,UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Deed of Trust. The wdrds"Deed of TrusP mean this Deed of Trust among Trustor, Lender,and Trustee, and includes with'out Rmitadon 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 Existlng Indebtedness secHon of
<br /> this Deed of Trusf.
<br /> Guarantor. The word "Guarantor' means and includes without limitatlon any and all guarantors, sureties, and eccommodatlon perties i�
<br /> connection with the Indebtedness.
<br /> Improvements. The word "Improvements"means and includes without Rmitation all e�dsting and future improvements, buildings, siructures,
<br /> mobile homes affaed on ihe Real Property,facilities,additions,replacements and other construction o�the Real Properly.
<br /> Indebtedness. The word"Indebtedness"means ell principal and in#�est 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 obiigatlons of Trustor under this Deed of Trust,
<br /> together with interest on such amounts es provided in this Deed of Trust
<br /> Lender. The word"Lender"means UNITED NEBRASKA�ANK,Ns suc�essors and assigns.
<br /> Note. The word "Note" means the Note daled December 3,1999, in the principal amount of s6,125.50 from Trustor to Lender,
<br /> together with all renewals, extensions, modifications, reflnancinys, and subs�tutions for the Note. The matu�ify date of this Deed of Trust is
<br /> December 20,2002. _
<br /> Personal Property. The words "Personal Property" mean all equipment, foctures, and other artkles of persona� property now or hereaRer
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