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<br /> WHEN RECORDED MAIL TO: V
<br /> UNITED NEBRASKA BANK
<br /> 700 N WE88 RD
<br /> PO BOX 5018 ����
<br /> GRAND ISLAND,NE 68802 ��,J`��
<br /> c`�
<br /> d�
<br /> C;
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED MARCH 26, 1998, among O.H. H.O. PARTNERSHIP, A NEBRASKA
<br /> PARTNERSHIP, whose address is 1020 SOUTH LOCUST, GRAND ISLAND, NE 68801 (referred to below as
<br /> "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018� GRAND ISLAND, NE
<br /> 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA i
<br /> BANK, whose address is 700 N WEBB RD., GRAND ISLAND, NE 68803 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the beneHt of
<br /> Lender as BeneflClary, all of Trustor's right, title, and interest in and to the following described real property, logether with all existing or
<br /> subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way,and appurtenances; all water, water�ights and
<br /> ditch rights (including stock in utilities with ditch or inigation rights);and all other rights, royalties,and proflts relating to the real property, Including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCeted In HALL COUnty, State of Nebraska (the "R881
<br /> Property"):
<br /> LOT ONE (1), HEHNKE SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 3013 W NORTH FRONT, GRAND ISLAND, NE 68803.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in this Deed Of Trusi)all of Trustor's right, title,and interest in and to all present and
<br /> future leases of the Property and all Rents from ihe Property. In addition,Trustor grants Lender a Uniform Commercial Code security interest in the
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust. Terms not otherwise defined in this Deed of
<br /> Trust shall have the meanings altributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts in
<br /> Iawful money of the United States of America.
<br /> Beneficlary. The word "Beneficiary" means UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK 81so is
<br /> referred to as'Lende►�in this Deed of Trust.
<br /> Deed ot Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes withouf Nmitation all
<br /> assignment and security interest provisions relating to the Personal Property and Rents.
<br /> Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodation parties in
<br /> connection with the Indebtedness.
<br /> Improvements. The word "Improvements"means and includes without limitation all existing and future improvements, buildings, structures,
<br /> mobile homes atfixed on the Real Property,facilities,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payable under the Note and any amounts expended or advanced by
<br /> Lender to discharge obligations of Trustor or expenses incurred by Trustee or Lender to enforce obligations of Trustor under this Deed of Trust,
<br /> logether with interest on such amounts as provided in this Deed of Trust. in edditfon to the Note, the word "Indebtedness" includes etl
<br /> obligations,debis end Ilabilities,plus interest thereon,of Trustor to Lender,or any one or more of them,as well as all claims by Lender against
<br /> Trustor,or any one or more of them,whether now existing or hereafter arising,whether related or unrelated to the purpose of the Note,whether
<br /> VOlunlBry or othirwlse,whether due or not due,absolute or conlingent,liquidated a unliquidated and whether Trusta may be uab�e tnd�,�duauy
<br /> or jointly with others, whether obligated as guarantor or otherwise,and whether recovery upon such Indebiedness may be or hereaffer may
<br /> become baned by any statute of limitations, and whether such Indebtedness may be or hereafter may become otherwise unenforceable.
<br /> (Initiel Fkre )
<br /> Lender. The word"Lender"means UNITED NEBRASKA BANK,its successors and assigns.
<br /> Note. The word "Note" means the Note dated March 26, 1998, in the principal amount of 520.000.00 from Trustor and anv
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