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<br /> � . � . DEED OF '�US4 . ' ���`�_
<br /> THIS D�ED OF TRUST fS OATED MARCH 3, 1998, among ADR18�E JAMiE WATCW and�JEaRV t� } :�
<br /> �� C N i O W-W A T CH� WIFE AND 1iUSBAND� whose add�ress is 1619 S G�ETCHEN, GRAND ISLAND. NE 68803 � '�� `�
<br /> � � (�eierred to betow as '?rust�r"); UNITED NEBRASKA BAMK, w hose a d d r esa i s 7 6 0 N W E B B R D. P O B O X , � : .. �j:�.
<br /> � 50t�.GflAND ISLAND,NE 68802(reterred to betow some4,i�nee us"Lender"and sometim�s as"BeReftciary°}; :. .. •.:�..�
<br /> � and UNfTED NEBRASKA BANK,whose address Is 780 N WE6H RD.�P.O.BOX b018 GAAND ISLAND,N�68� �f. � � � � �__
<br /> _ � ��:,
<br /> � (refeRed to betow as"Tnrstee"� . , ,. '-`_-�-
<br />- � CpNV�YAHCE AND GRANT. For va[uabte constderation.4NStor eonveya to Tnisioe(R M�st.WiTH POWER OF SALE,br tRO bene6!a� f?�:
<br /> LenQe�aa Brnatleiary, ail of T�ustots right,tiva, and interesl in and to ihe foDOwing dssalbed reai proPeRfl.to�U�er wi� e���� _ �, _
<br /> �' ,
<br /> ' subsequen t ty e r e c t e d or a ff o c e d b u i t d i n g s,im p ravements and flxtiuss;eU eese:�ets.d8hb ef way,and epputtenartce�a0 wate►.w8tet dDh�ard . "
<br /> ditch dghts tirtc7uding stock in utitities wilA dixh ar�rri88llon dghts):and aU other rtghts,r_oy81_��d p�fi StSt@ Ot N f8Skf1A(1ti8�°�'881 • - r ;.���
<br /> vnihout DmAatron atl mmerais, oil,gas.88oMermai and Sirtular matters,tocated in a4a�� uo , .. ,
<br /> _ . � , . Praperty"): :.' - . . �� .
<br /> � THE SOUTHERLY SIXTY THREE (63) FEET OF TME WESTERLV THIRYY FIVE (3S� FEET OF LOT FIVE �'. � . :
<br /> �','. ' (b�. BLOCK EIGI�R(8), IN a1.G. CLAiiK'S ADDITION YO 71iE CIT1f OF GAA�1D ISLAND,HALL COUMY. � .
<br /> � . NEBRQSKA. ,
<br /> � The Reat Properly a�fFs address !s commonly known as 524 WEST 8�4 S7HEET. GRANO ISLAHD, NE 68801. ' •
<br /> � Trustor preSenUy esslgns to Lender(etso known A9 BeneAdary In thls Oeed af Trust)ell 01 Ttustors dght,UtlO,and Interest In end to aU pr�ent 8nd ' ; .• ,
<br /> � iNure Ieases of the PropeAy and all Rents hom the Prapertyr. In add[tton,Trustor grants LenQer a Uniform Commerclal Code security inter�t in the • . .
<br /> � Renb an0 ihe Fersonsl ProDerlll deflned betow. .
<br /> ,'��' OEFINITIOfi9.ThefoQowing�rords shaU have 1he foilawing meaNngs vfien used in this Oead o}Trus4 Terms not otherwise deflned In tALa Oeed ot .
<br /> Trust 8hai1 have the meanings amibutod to such terms in the UNtorm Commerciai Code. IL7 reterenoes to doQar aonounb stiatl meae nmounb in
<br /> � tavdul money af the Un(ted States ot America.
<br /> BeneAelaiy. fig word'8eneflclary'means UNITEO NEBRASKA BANK,its successers end assfgns. UNITED NEBRASKA BANK eiso is .
<br /> • referted to es lende�In this Oeed of TrusL , •
<br /> � 08ed ot Trust. The words"Deed o1 TrusP moan thls Qeed of Trus1 flmong Trustor,Lender,and Trustee,and InGuQes wlthoN IlmiTaUOn all
<br /> � � asstgnmenf and secunty inleresl provlsions retating to the Person�Property and Rents. j ; � ,
<br /> � Guatantor. The word"Guarantor means ane Includes wlthout�mitaUan eny and atl guaranto�s.sure0es,and axommada8on paA19s ln
<br /> connecUon with t�9lndebteQness.
<br /> Improvem9nta The word"Improvements'means and inCfud�without IimitaUon all e�dsUng en0 tuture improvsmonts,buiiQirtg9,struclures,
<br /> mobde homes etfbced on the Rea1 Property,faciliUes,additions,reptacemenb and other constructlon on the Real Properry. � •
<br /> � � IndebteQnes9. �e woro'Indebtedness means au Onnppal and Interest peysbta under tne Noto and anY�ountS expBnQed or aQvanced 6y ;
<br /> �gnder to d�scharge oDi�gations o1 Trusta or expe�es►ncu«e0 by Trustee or Lender to entprce ahligatian9 ot Trustor unQer this Oe80 ot Ttus1,
<br /> _, togett�er witA mterest on 5uch amounts as provided in this Deed of Trust. In eQdiilon fo the Note, the word°Inde�leQn055"inCluds9 Elll .
<br /> �{' . ' obhgatrons,debts and��abil�hes.p�us�nterest thereon,of Trustor to Lender,or any ane ar mora o)lhem,es we0 es¢ll C�ims by Lend9r 8gflinsl �
<br /> � Trustor.or any one or more ot them,whetAer now exis6ng or�ereafler arlsing,whetAer reteted or unrelated to the purpo59 01 the Not9,whether
<br /> ' � votuntary or othervnse.whether due or noi dud.absoiute or cont�ngent,liquidaled or untiquidated and whether Trustor may be Iiabt0lndivlQualiy �
<br /> • or�o�ntly with others,wnelher obUgated a4 guarantor or otherwise,and whether recavery upon suCh IndebteQness may be or here3ftet m8y �
<br /> become Garred by any Statute ot hmdeUans. and whether such�ndebtedness may be or hereaHer may become othervvise un8ntoroeahie.
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