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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
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<br />DEFINITIONS
<br />Words used in multiple sections of this document aredetined below and other words are defined in Sections 3, 1 I, 13, 18,20
<br />and 2 L Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security instrument" means this document, which is dated October 28th 2002 ,togetherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Randy L. Gard and Vicki Jean Gard, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank .Lender
<br />is a Corporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island, NE 68803
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated October 28th 2002 . The Note
<br />slates that Borrower owes Lender Three hundred Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $300,700.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than November 1, 2032
<br />(F) "Property" means the property that is described below under the heading "Transfer fRights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) ` Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />J
<br />DEFINITIONS
<br />Words used in multiple sections of this document aredetined below and other words are defined in Sections 3, 1 I, 13, 18,20
<br />and 2 L Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security instrument" means this document, which is dated October 28th 2002 ,togetherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Randy L. Gard and Vicki Jean Gard, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank .Lender
<br />is a Corporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island, NE 68803
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated October 28th 2002 . The Note
<br />slates that Borrower owes Lender Three hundred Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $300,700.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than November 1, 2032
<br />(F) "Property" means the property that is described below under the heading "Transfer fRights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) ` Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />[J
<br />Adjustable Rate Rider
<br />❑
<br />Condominium Rider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1-4 Family Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the efiectof law) as well as all applicable final, non - appealable judicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) `Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct. or authorize a financial institution to debit or credit an account Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(W "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage m, or destruction of,
<br />the Property; (a) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) `Periodic Payment' means the regularly scheduled amount due for principal and interest under the Note, plus (ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 at seq.) and its implementing regulation,
<br />Regulation X (24 C.E.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation
<br />NEBRAS" Single Family — Fannie Mae(Freddie Mac UNIFORM INSTRUMENT Form3028 1 /01 (page I of9pages)
<br />9154 CV or M2) G11966
<br />
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