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<br /> RECORDATION R�QUES7'ED BY: �
<br /> F�(CHANQE BANK 4� "
<br /> P.O.BOX Ts0 \°' .
<br /> 14 LA8Ai1RE
<br /> • GI9BON�NE be840-07d0 ,,'" ���.,,
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<br /> P.O.BOX 760 ' eW' .t� •
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<br /> 14 LABARRE
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<br /> � DEED OF TRUST
<br />- - THIS DEED nF TRUST IS DATED DECEMBER 16� 1996, amonp JAMES B RAYBURN�A SINGLE INDIVIDUILL, '
<br /> s who�e eddreas is P O BOX 459,SHELTON� NE 88876 (roterred b below e� "Tn��tor"); EXCHANGE BAt+iK� �
<br /> �� vrhoae sddrea I� P.O. 80X 760, 74 LABARRE� QI�BON, NE 68840-0780 (roi�rred to below aometimmes ae .-K�..:.�����
<br /> ''. "Lender" antl sometlmes a� "Beneticiery"); and EXGHANtiE BANK, whose addresa ia P.O.BO�(a80 CIBBON� -�`
<br />- ' NEBRASKA 68aI0-0760(referred to befow as"Tr�stee"). ��`«'�:?:--`�-�__
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<br /> � CONVEYAlICE ANO(iRANT. For v�iwbN conMd�reHon,Yru�or convey�fo Tru�In hu�t,WITH POWEA OF SA1.E,fa tM bN+e�l oC • z��.::� - -
<br /> LaxNr M B�Mcisry� dl of liustor'a hpht, Utlr, and Inlenst !n and b thp tdlowing d�saib�d rMl prop�iy, top�thK with �N�dat+,�g or " • *
<br /> y st,�s�qwntly enctad or atlbtnd bufldings,tmprawrr�nts wnd 1lxttuas;aM�monte,riphb d w�y,�nd�ppwiMnnc�s;aN wa1K,wptu rigFib and •?'�rN .--
<br /> dfich rtphb pncludirp Mock In uUMINs wilh dNch a IrtIQ�Uon rl�hls);and ell otMr riphb,�roya�ltl��a and proAts ntadnp to th�ro�l prop�y,tndudinp '��'���i�.._�"'�°
<br /> � FIAtL �OUMy, SUtO OT Nlbr�1lk! (4t10 RQ611 . '4� °`.�'"` -
<br /> wilAout NmN�flon�p minorels,dl,p�s,p�olhormd and sImN1�matters,kceted In " � __F��--
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<br /> _ � I.OT 2,SFIAR'S SUBDIVISION,GITY OF GRAND tSLANG,HALL COUNTY,N�BR!►SKA. ' � ' �"`
<br /> _ PARCEL 2: ��,,. . '. .
<br /> LO'T 1�SHAR'S SUBDIVISION,CiTY AE GRAND ISLANO,h1ALL COUNTY,NEBRASKA. �.•�� '
<br /> � The Re�l Propertyl or its eddreas ta commonly knawn as 911,917-919 EAST 121T�STREET� GRANO ISLJ4TID,
<br /> NE 6�801. � ,
<br /> Trustor presently assipns to Lender(nlso known ts Beneflctaryr In thls Deed of Trust)ell of Trustd's right,litle,And Interest In and to eN present and ' �
<br /> � future Ieases of the Property end ali Rents hom the Property. In addlllon,Truslor prants Lendar n UnNorm Commerclat Code seou�iry Inierest In tho �
<br /> Rents and the Personal Property dsAned Below. �
<br /> - DEFINITIOHS. T{�e fd�owinp words shall hevo t6�e foilowing mesninps when used in this Daed ot Trust. Terms not olh5iwise deBned In Ihls Deed of
<br /> • Trust shaU have the meaninps atMbuted to auch lerms In Ihe UNtorm Commercial Code. All reterences to ddlar amounts shall mean emounh In
<br />— Inwtul money of the United 5tates ol America.
<br /> I3en�flclary. The wwd"BeneAclaN'means IXCHANf3E BANK.1ts sucenssore ond acstnn� FXf:HANCi6 HANK nlrn B:rdnrrarl!n nc 9 nnAtu"
<br /> __ _. In this Oeed ufTrust. - - - - -- - - - -- ._� �..__. -..__---__.
<br /> - Qeed of Truet. Th0 words'fleed oi TrusC mean lhls Deed of Trust amonp Trustor,Lender,and Trusteo,tsnd indudes without Ilmitation a�l
<br /> esstgnment end secudty Interest provisions relatinq to fhe Personal Properly and Rents. �
<br /> Dclstlnp Indebtednes�. The words'F�dsting indebtedness"mean the Indebtedness described below In Ihe Ex(stlnp Indebtedness cecUon of
<br /> lhls Oeed of TrUSf.
<br /> � Guarsntor. Yhe word"Gueranto�" means and Includos without Itmitatlon any and all puarantors,eurelles,and accomm�datlon partias In
<br /> I
<br /> _ � connecUon wilh ihe Indebtednass.
<br /> ; tmprovemenfa. 1'he word"Impravernents"means end Includes wilhout Ilmltatlan eli exlstfny and tuture Impravements,bulldings,structures,
<br /> mobfle homes a(fxed on the Real Properly,lecllities,addiilons,reptaci+ments and othor conshucHon on the Real Property.
<br /> Indebtednes�. The word"indebtedness•ms�ns al princlpal end interest payable under ttw Nofe end any amounts bxpended or advanced by
<br /> Lender to discharqa obligatior,s of Trustor or expenses Incurced by Trustee a londer to entorce obilpntlons of Trustor under ihls Deed o}Yrust, �
<br />� fopether with Interest on such amounts as�roNded In thb Deed ot Trust.
<br /> Le�der. The word lender'means Q(CHIifVGE BANK,Ib successas and asslpns.
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