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<br /> • . � DEED t�� TRUST , . - -.�'.===
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<br /> _ . __ TIi1S OEED OF TRUST IS A CONSTRUCTION 3ECUFifTY /UiR�dMENT � '' ����9-
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<br /> . . WiTHIM Tt{E ilA�ANING OF THE NEBRILSKA CONS'�UC7tON LIEN kCT ' �T�
<br /> .` . . �• ' THlS OPED OF TRUST IS DATED FEBRUAWY 20� 1998. emong JEFFRfY M REIS end H�ATHER E iiEl�. ` : :.:��'���°
<br /> � � � = HUSBAHD AND WIFE. DI8/A REIS CONSTRUC4ION, AS SOLE PROPRIETORSNIP.whaso addres� Ia 111Z E . .. .-'��„
<br /> . : .; �1pLL,GRAND(SLAND,N� 68801 (referred to betow ae"Trustor").UNfTEO NEBRASKA 8/dNK.vuho8e aQdress . �, ,:, x�
<br /> ' � ". .. .> �g 700[�t W�BB RD�PO BOX b01�� GRAND ISLAND.NE 6880Z(reterred to 6�low somettmes es"LQOdPd°alld ;�
<br /> ' some4tmea ss "Beneftclary"); and UNI'1�D NEBRAStCA BANK. vuho�o address is 700 N WEB9 RD, PO BOX .. f�_`
<br /> � �� ' S018/GRANO ISLIWD,NE 68802(�eterred to betow as'Trustee"�. �'=i-
<br /> � �ppyEyqltCE�Wp Gfi1WT. For vaNaDte eonsldemUon,Trustar eonveys to Trustee ln dust.WITH pOWFA OF SALE,br tttg Oflnafll of � � �
<br /> • � t ner wtm eu exbnng or .
<br /> � l.enAer ao Beneflelary,a11 of Trustofs nghf. Uue, and interesf in an0 tp the foflowin8 descrlbed real property. c8et .
<br /> ' s subsequentty erected or afPoced bulidings,Improvemenb and fuduces;etl easements,�ighb a!way,and eppuRenances;ell water,water Aghb end . -
<br /> � ditcA dghts pnGuding stoek in utiiities w11h ditch or iMgaUOn dghtsy;and sll other AgAb,�royatU� end prot�retaNng to the real pro�e�y,indud! .,
<br /> ' . � witDOUI OmrtaUon 811 mtnerals. oa,sas�geothermal and similar matter9.located U HALL�wtty, State o4 Nebtaske (tl�e "Rea� . .. .. . .. ' .
<br /> . . : . Properigt"r
<br /> ' � � LOT SIX(6),INOIANOiEAD SUBDlV{SION,lN THE CITY OF GRAWD ISI.IDiND,HALL COUNTV,NEBRd1SKA. � � ' .
<br /> :�� . ' The Re21 Properly or its eddress ia commonty known as LOT#6 BUCKINGHAM ORIVE, GRlWD lSLAND,NE . .� �
<br /> �'' � � 68803. . � � .
<br /> Trustar presen6y 8ssigns to LenQet(also knov+n es BeneflGary in this DeeQ ot Tnut)all of Trustofa right,UU9.and interest ln end to 811 present anA ;
<br /> future tesses o!the Piroperty an0 aU Renb irom ihe Properry. tn addiuon,Tnutor granb Lender a UNform Commerclal CoAo secuAty interest In the
<br /> ' Renb and tAa Pe�sonel PropeAy deflneA betow. ,
<br /> t o�lrghgU thav9 ttte m88Nn9gs alhibuted to such terms in the U Horm Com e cial Cade. All�eferences to doUar amounb shell een emouents U � � �
<br /> �. fawfui moneY of Ihe United SYates of Amortca.
<br /> • Ben�ftetGry. The worA'Benefldary'means UNITEO NEBRASKA BANK,its successors and esslgns. UN(TED NEBRASKA BANK eLso Is
<br /> • � reterted to as tertde�in fhls Oeed of Trust.
<br /> �� • OeeO ot Truat. Ttre word9�eed ol TrusY mean thls Oeed of Trust among Trusta►.Lender,and Trustee,and ir��des wlthoN Omifatlon ail
<br /> � . assignment and securily interesl provlslons releUng lo the Personal PropeAy and Rertls.
<br /> Guatcntor. The word"Cauarantor'r�eans and inctudes without Ir.r`arion any and all guarantors,sureUes.and accommodaUon partles in ,
<br /> connectlon with the Indehtedness. � �
<br /> � tmprovementa The word 9mprovaments"means and Includes wuhoN timitallon eil exisHng and future Improvemerds,bu(tdings,sUuctures, , .
<br /> mobile homes aNDced on the Real PropeRy,fadutles,addiUons,reptacements and atRer conshucUon on the Hciut Properiy. .
<br /> ' • tnQebtednea9. The wora 9ndebtedness means a0 pdncip8l an0 Interest payable u�Ger the Nota an0 eny amounts expended or eQvBnCed by } . .
<br /> , Lender to dlschargo obtlgaUons of Trusto►or expensss Incurred by Tnrstss or Lendsr to enforce obugeNOns of Trustar unQsr this Oeod ol?rust,
<br /> • togethar wilh interest on sueh amoun�as provided In this Deed ol Trusl.
<br /> Lender. The word'Lender means UNfTED NEBRASKA BANK.its snccessors and assigns•
<br /> � . ; Note. The word"NOte"means the Note dnted February 20,1998.in ihe principal amount o4�96,000.00 from Trusior to Lender,
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