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WHEN RECORDED MAIL TO:
<br />United Nebraska Bank
<br />Grand Island Office
<br />PO Box 5018
<br />Grand Island, NE 68802 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 16, 2002, among Matthew R Jackman and LaDonna M Jackman,
<br />Husband and Wife, whose address is 14375 W Denman Rd, Kenesaw, NE 68956; ( "Trustor "); United
<br />Nebraska Bank, whose address is Grand Island Office, PO Box 5018, Grand Island, NE 68802 (referred to
<br />below sometimes as "Lender" and sometimes as "Beneficiary "); and United Nebraska Bank , whose
<br />address is 700 N. Webb, Grand Island, NE 68802 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of
<br />Nebraska:
<br />A TRACT OF LAND LOCATED IN THE SE 114 OF SECTION 24, TOWNSHIP 9 NORTH, RANGE 12 WEST
<br />OF THE 6TH P.M., HALL NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE SW CORNER OF SAID SE 1/4 THENCE S 89 DEGREES, 59 MINUTES, 34
<br />SECONDS E (ASSUMED BEARING) ALONG THE SOUTH LINE OF SAID SE 1/4 A DISTANCE OF 449.28
<br />FEET TO THE EAST LINE OF DENMAN ROAD AND PLACE OF BEGINNING, THENCE CONTINUING S 89
<br />DEGREES, 59 MINUTES, 34 SECONDS E ALONG SAID SOUTH LINE A DISTANCE OF 864.91 FEET TO
<br />THE SE CORNER OF THE SW 1/4 SE 1/4 OF SAID SECTION 24, THENCE N 00 DEGREES, 39 MINUTES,
<br />27 SECONDS W A DISTANCE OF 1076.82 FEET TO THE EAST LINE OF DENMAN ROAD, THENCE S 38
<br />DEGREES, 17 MINUTES, 26 SECONDS W ALONG SAID EAST LINE A DISTANCE OF 1304.88 FEET TO
<br />THE BEGINNING OF A CURVE CONCAVE TO THE NORTHWEST SUBTENDED BY A RADIUS OF 1164.82
<br />FEET, THENCE ALONG SAID CURVE THE CHORD OF WHICH BEARS S 39 DEGREES, 58 MINUTES, 22
<br />SECONDS W AN ARC DISTANCE OF 68.48 FEET TO THE PLACE OF BEGINNING
<br />The Real Property or its address is commonly known as 14375 W Denman Rd, Kenesaw, NE 68956. The
<br />Real Property tax identification number is 2000 -4253.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Dee(± of Trust) all of Trustor's right. title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Properly; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Properly in good condition and promptly perform all repairs, replacements, and maintenance
<br />necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership of
<br />the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe that there has been,
<br />except as previously disclosed 10 and acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any
<br />use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or
<br />from the Property by any prior owners or occupants of the Property, or (c) any actual or threatened litigation or claims of any kind by any
<br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor
<br />any tenant, contractor, agent or other authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any
<br />Hazardous Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with all applicable
<br />federal, state, and local laws, regulations and ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and
<br />its agents to enter upon the Property to make such inspections and tests, at Trustor's expense, as Lender may deem appropriate to
<br />determine compliance of the Property with this section of the Deed of I rst. Any inspections or tests made by Lender shall be for Lender's
<br />purposes only and shall not be construed to create any iespctw�ibility or Lability on the part of Lender to Tru for or to any other person. The
<br />representations and warranties contained he em are based on Ti usim's due diligence in investigating the Property for Hazardous
<br />Substances. Trustor hereby (1) releases and waives any futnrp rlauns against Lender for indernnily or conlribution in the evPrtl Trustor
<br />becomes liable for cleanup or other costs under any such laws and Ili agrees to indemnify and hold hairiness Lender against any and all
<br />claims, losses, liabilities, damages, penalties. and expanses which Lerviei may directly or mdirertly s11�;taln or 5uftP „r resulting from a breach
<br />of this section of the Deed of Trust or as a consequence of any use. generation, manufacture, storage, disposal. release or threatened
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<br />WHEN RECORDED MAIL TO:
<br />United Nebraska Bank
<br />Grand Island Office
<br />PO Box 5018
<br />Grand Island, NE 68802 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 16, 2002, among Matthew R Jackman and LaDonna M Jackman,
<br />Husband and Wife, whose address is 14375 W Denman Rd, Kenesaw, NE 68956; ( "Trustor "); United
<br />Nebraska Bank, whose address is Grand Island Office, PO Box 5018, Grand Island, NE 68802 (referred to
<br />below sometimes as "Lender" and sometimes as "Beneficiary "); and United Nebraska Bank , whose
<br />address is 700 N. Webb, Grand Island, NE 68802 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of
<br />Nebraska:
<br />A TRACT OF LAND LOCATED IN THE SE 114 OF SECTION 24, TOWNSHIP 9 NORTH, RANGE 12 WEST
<br />OF THE 6TH P.M., HALL NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE SW CORNER OF SAID SE 1/4 THENCE S 89 DEGREES, 59 MINUTES, 34
<br />SECONDS E (ASSUMED BEARING) ALONG THE SOUTH LINE OF SAID SE 1/4 A DISTANCE OF 449.28
<br />FEET TO THE EAST LINE OF DENMAN ROAD AND PLACE OF BEGINNING, THENCE CONTINUING S 89
<br />DEGREES, 59 MINUTES, 34 SECONDS E ALONG SAID SOUTH LINE A DISTANCE OF 864.91 FEET TO
<br />THE SE CORNER OF THE SW 1/4 SE 1/4 OF SAID SECTION 24, THENCE N 00 DEGREES, 39 MINUTES,
<br />27 SECONDS W A DISTANCE OF 1076.82 FEET TO THE EAST LINE OF DENMAN ROAD, THENCE S 38
<br />DEGREES, 17 MINUTES, 26 SECONDS W ALONG SAID EAST LINE A DISTANCE OF 1304.88 FEET TO
<br />THE BEGINNING OF A CURVE CONCAVE TO THE NORTHWEST SUBTENDED BY A RADIUS OF 1164.82
<br />FEET, THENCE ALONG SAID CURVE THE CHORD OF WHICH BEARS S 39 DEGREES, 58 MINUTES, 22
<br />SECONDS W AN ARC DISTANCE OF 68.48 FEET TO THE PLACE OF BEGINNING
<br />The Real Property or its address is commonly known as 14375 W Denman Rd, Kenesaw, NE 68956. The
<br />Real Property tax identification number is 2000 -4253.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Dee(± of Trust) all of Trustor's right. title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Properly; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Properly in good condition and promptly perform all repairs, replacements, and maintenance
<br />necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership of
<br />the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe that there has been,
<br />except as previously disclosed 10 and acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any
<br />use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or
<br />from the Property by any prior owners or occupants of the Property, or (c) any actual or threatened litigation or claims of any kind by any
<br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor
<br />any tenant, contractor, agent or other authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any
<br />Hazardous Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with all applicable
<br />federal, state, and local laws, regulations and ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and
<br />its agents to enter upon the Property to make such inspections and tests, at Trustor's expense, as Lender may deem appropriate to
<br />determine compliance of the Property with this section of the Deed of I rst. Any inspections or tests made by Lender shall be for Lender's
<br />purposes only and shall not be construed to create any iespctw�ibility or Lability on the part of Lender to Tru for or to any other person. The
<br />representations and warranties contained he em are based on Ti usim's due diligence in investigating the Property for Hazardous
<br />Substances. Trustor hereby (1) releases and waives any futnrp rlauns against Lender for indernnily or conlribution in the evPrtl Trustor
<br />becomes liable for cleanup or other costs under any such laws and Ili agrees to indemnify and hold hairiness Lender against any and all
<br />claims, losses, liabilities, damages, penalties. and expanses which Lerviei may directly or mdirertly s11�;taln or 5uftP „r resulting from a breach
<br />of this section of the Deed of Trust or as a consequence of any use. generation, manufacture, storage, disposal. release or threatened
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