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<br /> WHEN RECORDED MAIL T0:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802
<br /> J
<br /> � ��► �: �: �1� 63 � �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br /> WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br /> THIS DEED OF TRUST IS DATED DECEMBER 23, 1999, among DENNIS W BRUNS and ANN E BRUNS,
<br /> HUSBAND AND WIFE, whose address is 1311 N GEDDES, GRAND ISLAND, NE 68801 (�eferred to below as
<br /> Trustor ); UNITED NEBRASKA BANK, whose a�ldress is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE
<br /> M ��
<br /> 68802 (referred to below sometimes as "Lender" and sometimes as "Bene�ciary"); and UNITED NEBRASKA
<br /> BANK, whose address is 700 N WEBB RD, PO BOX 5018 / GRAND ISLAND, NE 68802 (referred to below ss
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust,WITH POWER OF SALE, for the bsneM M
<br /> Lender as Beneflclary, all of Trustor's right, title, and interest in and to the following described real property, together with aN e�dstlnp or
<br /> subsequendy�ected or aifaed buildings, improvemenls and foctures;all easements, rights of way,and appurtenances;all water,water rfqhts and
<br /> ditch riphts (including stock in utilities with ditch or irripation riqhts);and aN other rights,�r�oya�lt�ies and profits relating to the real pr , induding
<br /> without limitation all minerals, al, gas, geothermal and similar matters, IoCated in HALL �OUnty, Stete of Nebrasks ( Reai
<br /> Property"):
<br /> LOT SIX (6), WESTWOOD PARK FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as �OT 6, WESTWOOD PARK 4TH, GRAND ISLAND, NE
<br /> 68803.
<br /> Trustor presenNy 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 ail Rents irom the�roperty. In addiiion,Trustor grants Lender a Uniform Commercial Code securiiy interest in 9he
<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 Commeraal Code. All references to dollar amounts shaN mean amounts in
<br /> lawful money of the United States of America.
<br /> Beneflciary. The word "Beneficiary" means UNITED NEBRASKA BANK, iis successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as'Lender"in this Dsed of Trust.
<br /> Deed of Trust. The words"Deed of Trust" mean this Desd of Trust among Trustw, Lender,and Trustee, and includes without limitation aN
<br /> assignment and security interest provisions relating to the Personal Property and Rents.
<br /> Existin� Indebtedness. The words"F�dsting Indebtedness" mean the indebtedness described below in the E�dsti�g Indebtedness secdon of
<br /> this Deed of Trust.
<br /> Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodatlon pa�ties in
<br /> connec�on with the Indebtedness.
<br /> Improvements. The word "Improvements"means and includes without limitation all e�dsting and future improvements, buNdings, structures, �
<br /> mobile homes affixed on the Real Properiy,facilides,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means ell principa!and interest payable under the Note and any amounts expended or advar�ced by
<br /> Lender to discharge obligatlons of Trustor or expenses incuRed by Trustee or Lender to enforce obligatlons of Trustor under this Deed o(Trust,
<br /> together with interest on such amounts as provided in this Deed of Trust. Specifically,without limitation,this Deed of Trust secures,in additlon
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