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<br /> ` SPACE A80VE THIS L.tNE IS FOR REOOROER'S IJS�ONLY . �.�.,'•��
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<br /> . DEED O� YRUST `��_�..�
<br /> . �
<br /> � � � TMIS OEED OF YitUST!S OATED FEBRUARY 98� 1998, among T�OD GAI.LtON, AN UNMApRiED INDI uiN� . , ��-
<br /> . whose address is 2535 OQ.Ni04�Y�AVE,GRAND ISl.Ai�1D,NE 68803(�eter�ed t,�betow as'Trua4ar"); , '''`�_ .
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<br /> � � �'� NggRASKEA BANK,whose aQdress is 700 N WEBH RD,PO BOX 5018� GRANO tSLAND,NE 68�t42(reterred t� �-�^��
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<br /> ' � belovi sometlmes as "t.ender" and somettmes es "BesTeftciary"); end UNiTED NEBRASt6A BANft. wt�se � - -�.�•
<br /> .� address ia 700 N WEBB RD.,GRAND ISLAND,NE 68843(retened to betow as"Truatem"}. ' : =�
<br /> �-lF..'E'3.:
<br /> . ' CONVEYANCB AND aRAAtiT. Fo�vafuaAfe eonslderatton.TntsWr eonveya to Trusteo tn trust�WITM pOWER OF SALF.tor th0 benefli ot � . . ���
<br /> ' LenQer as Benettelary,a11 af Trustor's Aghb Ufte,and Irrterest in and to tha tWowing desaibe0 real propeRy. together vAth atl w6511�9 m . . _•:�:
<br /> � subsequentty erected or affucad bufldings,imyrovemenb and fuAUres:a0 easements,dghb of way.and flpptrttenanC�:aU Wata►.vua�te►rtghts and
<br /> '•�' . withoutiimitaUoo a1 mie�at4,oil.9as. 9eot�ermai and s/mita�metters.tO�C�9aln�NALL�:oUrl�ty�.S18 8 ot Q eb flBitA(th.0 R0� ..'.-_
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<br /> � ` ' .' ' THE NOR1H EIGHTY-��GM(88)FEET OF LOT ONE(1),BLOCK TWEf�TY-ONE(�1), OAIGINAL TOWN, � .. � . .
<br /> � NOW CITY OF GAAIdD lSf.AND,HALL COUNTY,NEBRASKA. . , .
<br /> .' � The Rea!Propert�l or its address is commonty knowo as 321 E�TFO ST,GRd�N�fSLAHD.NE 68601. � , :��.,
<br /> Trustor presen t ry essigne to Lender(afso knawn as BeneBciary in tdis OeeO of Trust)ail olTrustofs dght,UUe,and Intgrest In ens to aU present and � • .
<br /> :�� � � future leases o1 th0 P�'operty and ail Rents hom the Property. In adQiBon,Trustor grar►fs Lender e UnNarm Commarcial Gode saeurl H In t erast in tt�e �
<br /> � Rents end tAe Parsonal PropeAy de8ned betow.
<br /> aEFINITIOiJS.The touowing words shatl havo the Tollowing meanings when used in this Oeed otTrust. Terms not othenr+lse 06flned In this Oeod o1 , • �
<br /> � Trusl shell have the meanings atMbuted to such terms in the Unitorm Commerclal Code. AO reterences to daRar emounts ehall mean amourds In .
<br /> ' �avAul money ot the UMed Slates ot Amenca. •
<br /> ' BenOnelary. The ward'8eneflciay' means UNi7E0 NEBRASKA BANK,ib successo�s and asslgns. UNtTED NEBRASKA BANK etso I9
<br /> � reteRed to es"LendOP in this Oeed of Trust �
<br /> � OEed Of Ttusf. The words 9eed ot Trust"mean th�s Oeed o}Trust emong 7rustor,Lender,and Trustee,and Inctudes wlthoN Ilmitallon nU . .
<br /> � as5lgnmenl and sscurity Interest prov�sions relatir�g to the Personal Property end Renb.
<br /> (iutuantot. The word'QuarantoP means and Inciudes wlthout IlmitaUOn any and all guarantors, surelle9,an0 aCCOmmadaUon p8rtles in �
<br /> cOnnCCtion w�th fh9lndeCtedness. ,
<br /> � Improveme�ota Tha word'Improvements means and inciudes wlthout OmitaUOn sU e�d59ng and tuture Improvement�,buftdings,structura9,
<br /> mobile homes affixed on the Real Property,laciiiaes,additlons,reptacements and other construcllon on the Rsat Property. ,
<br /> InQeDteQness- Th0 word 9nde0tedness means ell pdnclpal and Interest payabte under tAe Note and eny amounts expended or edvenced by ,
<br /> ' • lpndar to Qlscharge obligatlons of Trustor or expenses incurced by Trustea or Lender to en}arce obllgaUOns o1 Trustat unEer this�esd ot Trust, .
<br /> ' � topothar with tnterest on such amounis as provtded in this Oeed of TnisL In additlon to th0 Note,the war0 9ndebtoQness'Inctue�all
<br /> � obligntlons,debb artd liabqitios,P�us�r�teres�thereon,ot Trustar to Lender,or any ane ar more ot them,as well as all elNms by Lender flgainst
<br /> � 7rustor,or 9ny one or more ot them,whether noN exisUng or hereafter arising.whether retated or unrelated to the purpo5o ot the Nate,whether �
<br /> • vofunUlry Or oihonv�ea,wnother due or nct duB,ebsotute or conUngent,llqutdated or unilqutdated and whetAer Trustor may be nable IndiNdualty
<br /> Gacomfl barr�eoth�8^y statuto o1�m tatlon9suandiw�ethehsuchendebt dness mey be or he eafter maay become otherwissr nen o�rCaab ey • �
<br /> � pnitinl tt2ro�1 ' •
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<br /> � LeaCet. Tho v+ord lender means UNi7ED NEBRASKA BANK,ifs successors and asslgns. � �
<br /> r�ote. �,e erora••�:ta°�.'���4�4�FQbrtf�N 1D,1998,in the principal amouM of 53�,550�79 trom Trostor�o�ender, L _
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