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<br /> � IMITL^"A HEBRASKA BANK�GRAND ISLAND (\ � �'r; �"--
<br /> - 70Q M.WE88 IiOAD �Jv '_"�"
<br /> �,�` '..x;�=-
<br /> 45MAFST.�SEiY"..=�:
<br /> , ' ' fiFiAND ISLAND�NE QiW3
<br /> , SPRC�A80VE THIS LINg IS FOR NECOR[1ER'8 USE OIM.Y �O �:-"�-_--l— --
<br /> `'+il�.,,�;�,-
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<br /> � []EED 0� TFiUST ;:�..�n..----
<br /> . sa���.:
<br /> TFiiS OEED OF TiiUST IS DATED OCT08ER 3, 1994.among RICHARD L MOHRMAN end FRANC E MOHRNl�N, �:„„•�
<br /> HUSBAND AND WIFE, whoae addreaa is 327 N SHORE DFiIVE.HASTINGS, NE 68901 (referrgd to beiow ee . �; . �.-
<br /> , ::::;��;,�f'.
<br /> • "lYuator"); UNITEO NEBRASKA BANK� GRAND ISLAND, whoae eddreaa is 700 N. W�88 R�end UNITEQ �`_
<br /> ISLAND, NE 68603 (reterred to below sometimes es "Lender" and sometim�ea ea "Benetialt+ry"D; . ,���c.:—a.—,�
<br /> t�EBRASKA BANK, (iRAND ISLAND� whoa� eddresa is 7t)0 N. 41V�6� ROAD I CiRAN6� ISLAND, NE 68Q03 `�.�Y,�:.�_
<br /> .M:..����-
<br /> (re4erred to below e�"Truatee"). �
<br /> � €� ? .:�
<br /> __ r�yFVntICE AND eiRASIT. For vatuebte conatderatlon,Trustor convey�to Truntee In trost,WITH POWEA O��.W'�!����a �. .. ��� .. '
<br /> . Lender a�Benetkisry,aN of Trustors rlyht, Utle, anu interesi in end io ir`�ir tviiG:+9��7 C��:�d :�. �s":=`�y:
<br /> Co
<br /> eubsequontly ereclod or sffixed buildinps,Improvements and ffxxtures;ali ea,ements,dphts of wfly,end eppuAena+�ces;aM water,w�t�riphu and �'• �- �
<br /> diich rlgh4s pncludiny stoCk In utilitie�with ditch or IrtlgaUon rights);and all other rights,royaities and profits reintf to the real pr ,Incfudi �'
<br /> ' wlthout Ilmltatlon eN minerals, oll, gu9,flaothermal and slmilar matters, located In HALL �ounty, State of Nebreska� ~RC� ,: ' .;.4 .
<br /> i,_ � i:
<br /> � , Rroperly"). ::;�; ���,�
<br /> 's?.,•-: ,
<br /> , THE EAST 90.3 FEET OF THE EAST HALF(1/2) OF BLOCK SEVEN (7'), KAEHLER SUBUIVlSION� CITY ,,.�f, „
<br /> O F G RAND IS4.AND,HALL COUNTY� NEBRASKA. ,�,,�-,
<br /> The Reel Property or tts addr�sa te comn�only know�as 526 E 81S�JIARK, GRAND ISLANd.NE 68801. � x.:-
<br /> ..:yi{',►�
<br /> . ' Trt�sta presenHy a�ipn5 to Londer(elso knotvn as Beneflcleryn addiUOnBYrustorugvanis l.ender a UnifltormilComnmerclal Code�security In urest Inahe �' %
<br /> • tuture loases of the Property and all Rents hnm the Properiy. • "
<br /> � Renis and ttw Personal Propesty defined balow. , ..;j
<br /> � pSFINITtOHS. The tdlowlrp wads 6hall have the tdlowiny mean!ngs when used in thls Deed o1 Trust. Terms not othsrwise deflned In this 08ed ol ;�_
<br /> Trust shali have the meanings aNributed lo such tercns In the Unllorm Commerclal Code. All rehsrences to dollar amounts 6hall meBn amounts in ' �
<br /> tawtul money of the UNled SYates af Amsxica• " �
<br /> r.;•%
<br /> BeneflCiny. 'i he word'�eneficlary'meana UNITED NEBRASKA BANK, GRAND ISLAND,Its successors nnd nsslgns. UNITED NEBFtASNA '�,
<br /> BANK,GRAND lSLAND also is referted to as'Lender'in thls Oeed of Trost. . • {
<br /> Dead ot YNIt. 7he words'�oed of TrusY mean thl9 Deed o}Trust amang Trustor,Lender,nnd Trustoci,and includos wlfh0ut IlmitIIUo�e� �r
<br /> a55tgnmeni and seCUdly Intorest provlslons relatlng fo tRa Personal Proporiy and Renls.
<br /> Guarer+tor. The word"Civarantur" means and Includes without Ilmitation t�ny and ail guarantors,sureticas,and accommodalion pnrlies In :f �r
<br /> . � " Conneotion wilh the Indobfudness. �"• �
<br /> Improvements. 7he word "Improvement3" means and includes wlthout um►tatlon ali existing and future Improvemanls,fixtures,bulldings, i' , '�.. . 4�
<br /> structures,mobfte homes affixed on the Real Properly,facllities,addwons,roplacoments and other construcUon on the Reul Property.
<br /> ' Indebtedneaf. The word"Indabtedness'means all pdnclpal end Interest puyable under tho Note nnd eny amounls expended a advaaced bY �
<br /> lev�dor to disCharpe obligatlons of Tncstor or expenses Incurred by Trustc�e or Lender to en(orce obligations o}Truslor under lhls Deed of Trust, `
<br /> � topalhcx+xith Intarest on such amounts as provided In ihis Cesd of Trust. �
<br /> Lendor. The word'Londat means UNITEO N[BRASttA BANK,GRAND ISLAND,Its successors and assigns. �.',�
<br /> � Note. The word"NOte"meand the Note dsted October 9,7994,in ti�e princtpal amount of S93,000.00 hom Trustar to Lender, i
<br /> ' together wfth all ronewnls,extonslons,modifiCafiOns,rofinnncings,and subslitutlons for tho NotU. Tho malurHy date ot thla Oeod of Trust Is Apol
<br /> 7.1995. �
<br /> Per6onN Properly►. The words"Pvrsor�N Properiy'mean all equipmenl,fixtures,und other nrtlCios of personal property now or hor+�aner ;
<br /> owned by Trustor, flnd now or herearior aUaChed or amxed to tho Roul Property:logelher wlth all accesslons,parts,nnd addiUons to,eli �
<br /> ..�. • �eplacements ot,and sll subsllluUOns tor,any of such proporty; and togethar wilh sll procoeds (Inciudtng ovithout Ilmitatlon eU Insarance
<br /> pro�was and relunds cf premlums)hom nny sale or uthor dispustUon ot the Proporty. i
<br /> Propefty.The word"Properiy'means cdlecHvay Ihe Reel Property nnd tho Personal Properly. �I
<br /> � Retd Property. The words'Rettl Propetly/'mean the property,Interesls and righls desc�ibsd abovA In lho"Convoyance end Grant"sectlon.
<br /> _•-.� ` -- -.� - --•-•-, _-_---� ,� ...,,..._�o.,.�,.n.,����.�,ta• mann and Include without IlmltaUon eli promissory notes,credit egreon�ents.toan ;
<br /> - _. - _ nm�cco YVIrMi�tiniF ..p ...,...� . ----- -- - --
<br /> ' oproomonts,environmontct agreemenb,guarnnUes,secudty ngroements,mortgages,deeds ot Irust,nnd atl athor insnumon[s,agreemenis e�d ��-
<br /> ` dxuments,whelher now or horaaller existing,execu:ed In connecli0n wilh lhH Indebtodnoss.
<br /> � Rento. The word'laonta'means ali present Pnd future rents,revenue3,Incomo.Isaues,royallies,profits,and olhor benofits dorived irom Ihe
<br /> i Property.
<br /> � ' Trustee.The word'Trustoe"moons UNITED NHBRASI(A DANK,GRAN'O ISLAND und any subslitute or successor Iruslaes. ,
<br /> ,i Tfu�tor. The wad"Trustor"meun9 any end all persans and entllles oxoculing thls Doad cf Trust,Includinp wilhout IlmltaHon all Trustors named � ,
<br /> ' "' abovo.
<br /> ' ! ' 7NIS DEED OF TRUST,INCLUDING TkE ASStGNMENT OF RENTS AND THE SHCUqITY INTEREST IN THE RENTS AND PERSONAL
<br /> �' • pROpERTY,IS GIVEN TO SECURE (1�PAYMENT 0�TkE INQEBTEON�SS AND (2)PEHFORMANCF.OF ANY AND ALL OBLI(fATlONS OF
<br /> TRUSTOFi UN�ER THE NOTE,THE RELATEA DOCl1MENTS,AN01'HIS QEED OF TRUST. TMIS DEHD OF TRUST IS QiVEN AND ACCE'PTED
<br /> � ON THE FOLLOWINO THRMS:
<br /> PAYMEHT AHD PERFOR111ANCE. Ezcept ns otherwlst�pravlded In lhVS Oead of Trust,Trustor shall pay to Lender nll amaunls secured by lhls Deed
<br /> � of Trust as they become dua,and ehaA strlctry nnd In a timaty mannor padorn�n11 ot Trustor's oblignlions und(�A 1hs4N;Ae,41W�Oced of Trus1,and Iha
<br /> Retntod DaCUments.
<br /> : �
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