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<br /> � WF�IEN RECORDED MAIL TO: � -_
<br /> UNITEO NE@RASKA BANK i �
<br /> 700 H WEBB RD
<br /> PO BOX 601� -
<br /> ORAND tSLAND,HE 6I{602 —
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<br /> ; SPACE ABOVE 7HIS LINE IS FOR RECORDER'S USE OtxY "�-"---
<br /> � DEED OF TRUST �:�
<br /> t THIS OEED OF TRUST IS DATED JANUARY 30, 1998, amonp WILI.IAM L MCLELLAN and JANNAN E -- _
<br /> x !lICLEUAN, HUSBAND AND WIFE, whoae eddreas ia 1606 ALLEN, GRAND ISLAND� NE 88803 (rehrred to �
<br /> � below as "T�ustor"); UNITED NEBRASKA BANK, whose eddreaa is 700 N WEBB RD, PO BOX 6018� GF#AND F-
<br /> ��� ISLAND, NE 68602(reter�ed to below sometimes as "Lender" end aometimes as "Benefialary"); and UNITED =
<br /> NEBRASKA BANK, whose addreas is P.O. BOX b018 GRAND ISLAND, NE 68802 (reterred to t�elow e� �_
<br /> � j "Trustee").
<br /> �A CONVEYANCE ANO fiRANT. For valuWle eonsiderstlon,Trustor conveyi to Truatee In truat,WITH POWER OF SALE,tor the heestit of
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<br /> Lender�s Benericisry, all of Trustor's right, dMe, and Interest In and to the idlowlny deseribed renl property, topether wlth aM �xlstlnp a
<br /> � subsequently erected w afflxed bufidinys,improvements and fixtures;atl easemenls,riyhts of way,and appurtenances;all water,watar dphls and —
<br /> �„ dNeh riphts(Includinq stxk In utllitles with ditch a Irtipalfon riphts);and all other�Iphts,royalties and proflts relaUnp to the ree�prop�y�in„ludfnp
<br /> �'l without Iimitatlon ali minerals,dl,pes, peothermal and slmliar matters, IOCatEd f� HALL �OUnty, State of Nebrsska (tf10 RE�I �___
<br /> ..� Property"): _: -
<br /> � LOT TWENTY-SIX(26),R & B SUBDIVISION,HALL COUNTY, NEBRASKA. _-- _
<br /> The Reel Property or ita addrets is commonly known es 1606 ALLEN,GFiAND ISLAND, NE 68�03. �=���__
<br /> 1 Trustor presently assiQns to Lender(also known as Beneficlary In this Deed of Trust)ali of TrustoPs right,title,and Interest In 8nd to 811 ptesent and• ����'_�
<br /> future leases of the Property and all Rents from the Property. In addlHon,7rustor grants Lsnder a Unlform Commerclai Code secu�ity Interest in the ��r�--_
<br /> , Renls and the Personal Property deNned beiow. ' i:;"?°'.'-�Y=
<br /> . -r�c-•i•��.:.
<br /> DEFINITIONS. 7ho tollowing words shaY have the following meanings when used In this Deed of Trust. Terms not otherwise de8ned In this Deed of +�'M°
<br /> ' Trusl shali have the meanings attnbuted to such terms in the Uniform Commerclal Code. AII references to dollar amounts Shflll mettn&mounts In
<br /> lawful money of the Unfted Slates of America. •
<br /> 1 Beneflcixy. The word '8enehclay' means UNITED NEBRASKA BANK, Its successors and asslyns. UNITED NEBRASKA BANK also Is
<br /> j referced to as"Lende�'In this Deed of Trust.
<br /> i Deed ot Truat. The words"Deed of 7rust"mean thts Deed of Trust emonfl Trustor,Lender,and Trustee,and Includes without IlmBatipn all
<br /> � assignment and security Interest provisfons relating to the Pe�sonal Property and Rents.
<br /> � Guaraotor. The word"Guflrantor" means and inclutles without Ilmitatlon any and all guarBntOrs, sureNes,and accommodatlon pflrHes In
<br /> ConnecilOn with the Indebtedness.
<br /> Improvementa. The word"Improvements"means and indudes wlthout Iimitation ail existlng and future Improvements,bulidings,structures,
<br /> . mob�le homes efhxed on the Real Prope�ty,�flCililies,uddlllons,repleCementS and other construCtton on the Re81 Proporry.
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<br /> ' IndEbtEdtlCBS. The wOrtl"Intlebtetlness"meBns eu pnncipai and inieresi payaoie unow ii�n ivuin 6�iG d��y aT�'v��G�o:y�a��o....:«.....•�.....-, � •-�-
<br /> Lender to discharge obligatfons of Trustor a expenses Incurred by Trustee or Lender to enforco oblfgalions of Trustor under ihis Oeed ot Trust,
<br /> toyether unth interest on suCh amounts as provided In this Deed of Trust.
<br /> Lender. The word'Lende�'means UNITEU NEBRASKA BANK,Ils successors and assipns. �
<br /> Note. The word"Note"meens the Note dated Jenuary 90,199a,in the principal emount of 516,000.00 hom Trustor to Lender, ,
<br /> together with all ronewals,exlensions,modl8callons,reNnancfngs,and subs�itutlons for the Nole. The malurity dale of thls Deod of Trust fs �
<br /> March 1,2Q03. ;
<br /> Peraonal Property. The words "Person8l Property' mean all equlpmenl, fi�ures, and olher arllcies ot personal property now or hereaBer
<br /> owned by Trustor,and now or hereafler a8ached or aHixed lo the Real Property; together with all accesslons, parts, nnd addlttons to,all �
<br /> replacemenis ol, and all subslltuUons for,eny ol such properly; and tpgolher with sll proceeds (Including wllhout Iimtlatlon all Insurance
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