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<br /> WHEN RECORDED MAIL TO: ' "'�--
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<br /> UNITHO NEBRASKA BAHK ?,_�---
<br /> . , 700 N YYF88 RD �
<br /> PO BOX 601� --
<br /> . � dRAND ISIAND,NE EiW2 `.__
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<br /> � SPACE ABOVE THIS UNE IS FOR RECORDER'S U8E Ot�N.Y ���;:.
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<br /> � DEED OF TRUST f'r "
<br /> ;. ;
<br /> �" '" T1iIS DEEO OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br /> �,,..
<br /> ;. WITHIN THE MEANING AF THE NEBRASKA CONSTRUCTION LIEN ACT �
<br /> ':;; `,, THIS D�ED OF TRUST IS DATED JANUARY 8, 1998, amonq ROBERT W GIESENHAGEN, SOLE �„�—
<br /> , PROPRIE70RSHIP,whose addresa is 110 PONDEROSA DR� ORANO ISLAND,NE 68503 (rofer�ed to beiow es -
<br /> � } "Trustor"); UNITED NEBRASKA BANK,whoae addreas is 700 N WEBB RD, PO BOx 6018, GRAND ISLAND,NE �
<br /> � � � 68802(referred to below snmetimea as "Lender" end aomettmes es "Beneflci�ry"); and UN11'ED NEBRASKA �-
<br /> � � i BANK, whose addreas la 700 N WEBB R0, PO BOX b018 J GRAND ISLAND, NE 68802 (referred to below as .s --
<br /> ` f "T�ustee"). C �—
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<br /> CONYHYANCE AND aRANT. For vatu�bls conslder�Uon,Trustor conveya to Trustee In trust,WITH PuWER OF SALE,for the btneMt of �-°t�.e.,�
<br /> '�, .. � Lender�s Btnellclary,all of Trustors ripht, tltle, and Interest In and to the fotiowinp descdbed roal property, topether with all existinp or = _
<br /> I subsequently erected a afNxed bufidinps,Improvements and flxtures;all easements,riphta of way,and appurtemncss;aN water,wtta►dphts ond ___._ ____
<br /> � dltch rlqhts(Includin�slxk In ufillties with ditch or IrripBtlon rlphts);and all other rlphb,ro altles and proflb rsladrp lo th�resl prop ,Includlrp ��-- --,,,-
<br /> wllhouf umNBnon all mNerais, on,yas,Oeothermai and simnar matters,located In HI�LL �^unty, Stete of Nebraska (�e "Rea� �x� . ,��.
<br /> • { Property"): �� �,�,;..,
<br /> i ��m��-,
<br /> � LOT ONE (1) FRANCIS COURT SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, :.�•�:.,,:E�;�-, t
<br /> ! NEBRASKA ��r,�
<br /> ` The Reel Propertyor ita eddrees is commonly known as 131b W KOENIG 1i1,GFlANn ISLAND, NE 68801. • . � ''�'�
<br /> ; .
<br /> Trustor presentiy assiqns to Lender(aiso known as BeneNclery in thls Oeed ot Trust)ap ol Trustor's ripht,tille,and Interest In and to all present and •
<br /> ' future leases ot the Property and all Rents hom the Property. In additlon,Trustor qrants Lender a Unlform CommerCial Code security Inlarest In the
<br /> i Rents and the Personal Property definod below.
<br /> DEFINITIONS. The fobwinp words shall hnve the followlnp meanings when used In this Deed of Trust. Terms not otherwlse dehned In thls Deed of
<br /> i Trust shall heve the meaninps attributed to such terms In the Unlform Commercial Code. AII roferences to dollar amounts shall mean amounts in
<br /> lawful money of the Unued Slatos ot Americe.
<br /> � BeneflClery. Tho Y�ord Beneflclary'means UNITED NEBRASKA BANK, Ils sucCessors flnd asslgns. UNITED NEBRASKA BANK also Is
<br /> ' referced lo es 18nder"In thls Deed of Trust.
<br /> Deed of Trust. The words'Ueed of Trust"mean Ihls Deod of Trust among Trustor,Lender,and Truslee,and Inciudes withuut Ilmllation all •
<br /> � assignment and securiry interest provtsions re�eung to tne Personai Property ancl Hems. ����
<br /> Guarantor. TNe word"Guaranto�" means and Includes without limdahon any and all guarantors, sureties,and aCCOmmodatlon partles In �
<br /> connecllon wlih the Indebtedness.
<br /> Imp�ovemenis. The word"Improvomenls'means and includes wlthout Ilmitatlon all Pxlsting and futae lmprovemeMS, bulldtngs,s�ruclures. �
<br /> mobilo nomes aHized on ihe Reai Property,IacYdies.eddlllons,roplacements and othor construCtlon o�Ihe Real Prope�ty. �
<br /> Indebtedness. 7he word"Indebtedness"means all principal and Interest payebie under the Note nnd any amounls expended or advanced by �
<br /> Lender lo dischnrge obltgations of Truslor or expenses Incurred by Trustee or Lender lo entorce obllg 3uons ol Trustor under this Deed of Trust,
<br /> , together with interest on such amounls as prov�ded in Ihis Deed of Trust. �
<br /> Lender.The worG'Lende�"means UNITED NEBRASKA BANK.Ils SuCCessors and assigns. I
<br /> Nole. The wo�d'Note"means the Nate datad JAnu�ry E,199e,in the prineipal amount�f 5105,Q00.00 Irom Trustor to Lender, � �
<br /> . logether wifh all reneweis, extensions, modiNCatiOns. rehnanClnfls, And Substltullons for Ihe Nole. N0710E'TO TRUSTOR: THE NOTE �
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