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<br />DEED OF TRUST
<br />DEFINITIONS
<br />200':14234
<br />Words used in multiple sections ofthis document are defined below and other words ate defined in Sections 3, 11, 13, 18,20
<br />and 21. Certain rules regarding the usage of words- used in this document are also In ovided in Section 16.
<br />(A) `Security Instrument" means this document, which is -dated December 16th 2002 ,together with
<br />all Riders to this document.
<br />(B) "Borrower" is Dennis L. Lyons and Deborah L. Lyons as husband and wife
<br />Borrower is the trust,), under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank .Lender
<br />is a Corporation organized and existing underthelaws 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" isUnited Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated __-_ Docember 16th 2002 _. The Note
<br />states that Borrower owes Iznder Eiehty Four Thousand Six Hundred and 00/100
<br />Dollars (U.S.$84,604,OQ.____ _ plus interest. Bom,werhas promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than January 1 2033
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property.'
<br />(G) "Loan" means the debtevidereed 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 />❑
<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
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<br />]Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />DEFINITIONS
<br />200':14234
<br />Words used in multiple sections ofthis document are defined below and other words ate defined in Sections 3, 11, 13, 18,20
<br />and 21. Certain rules regarding the usage of words- used in this document are also In ovided in Section 16.
<br />(A) `Security Instrument" means this document, which is -dated December 16th 2002 ,together with
<br />all Riders to this document.
<br />(B) "Borrower" is Dennis L. Lyons and Deborah L. Lyons as husband and wife
<br />Borrower is the trust,), under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank .Lender
<br />is a Corporation organized and existing underthelaws 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" isUnited Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated __-_ Docember 16th 2002 _. The Note
<br />states that Borrower owes Iznder Eiehty Four Thousand Six Hundred and 00/100
<br />Dollars (U.S.$84,604,OQ.____ _ plus interest. Bom,werhas promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than January 1 2033
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property.'
<br />(G) "Loan" means the debtevidereed 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 />❑
<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 />(D "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the efterctof 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 aro
<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, dour. of
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument compute, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes. but [snot limited
<br />to, point-of-side 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 pa oceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for U) damage to, or destruction of,
<br />the Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu ofcondemnetron; or
<br />(iv) misrepresentations of or omissions as to, the value and/or condition of Property.
<br />(N) "Mortgage Insurance" means inset ance protecting Lender against the nonpayment of, of default on, the Lou,
<br />(0) `Periodic Payment" means the regularly scheduled amount due for pro ncipal and rue,est under the Note, plm pu
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "Iff means the Real Estate Settlement Procedures Act (12 U.S.0 32601 et seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Pin 13500), as they might be amended from time to time, or any additional or successor legislation
<br />NEBRASKA Sin,uc Family— FanninM.01itiddte Mae UNIFORM INSTRUMENT I+"nn302N 11111 (ynge lul 5 P:gen.
<br />9754 ( v(I n)2) 1628510
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