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<br /> Vd�CN RECf3RDEQ AAR,IL 40: �G�- �i.O�lb�� �
<br /> UNI'�'ED NEBRASlCA BAI+IK
<br /> 700 fZ WE�B RD
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<br /> PO BOX 5018 '
<br /> GRAND ISLAddD,N£ 68802 ' � � _
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<br /> SPACE ABOVE THfS i.tHE IS FOR RECORdER'S USE Olfl.Y ,
<br /> DEED U� TRUST
<br /> THIS DEEp OF TRUST iS DRTED JANUARY 15, 1999, amang LUE J ALUIN, JR. and 1AARGAREI' V ALLAt�, �
<br /> 4J�BAND AND WIFE, wt�ose address ts 4079 STAUSS RD, GRANC tSLAND; NE 68803 (referred to below as j
<br /> 'Trustor"); UNITED �IEBRASlCA BARIK, whose addres� is 700 M WEBd RD, PO SOX 5098, GRAND SSLAND, t�E �
<br /> G3802 (referred to below sometimes as "Lend�r" snd sometimeA as "Benefictary"); and UNf1'ED NEBRASKA a
<br /> BANK,whose address is 700 N WEBB RD., GRAND ISUIND, N� 68803;referred to below es "7rc�stee"j.
<br /> COM cYMICE AND GRANT. For vduable considerotlon,Truator cpnveys to TrustCe In trust,WITH POWER OF SALE, far Me benefit of �
<br /> Lender as Beneflclary, all nf Trustor's right, dHa, and IMerest in and to the fodowing des;ribed resi pruperty, tagether with all exlsdng or
<br /> subsequenGy erected or atfaed buildings,tmprrnrements and Coclures;aq easemenis,rights of wny,and ttppurtenances;atl waler,weter righls and
<br /> ditch right5(including stock in udifties with ditCh or frtigaUon rtghtsi;and all olher righ�s,�roya�Hes ersd proffts reladng to the reai proper�y Includin
<br /> without fimftetlon atl mi�erais, od, gas, geothennal and sJmflar meqers, located in HALL �ounty, State of Nebreska (the "Rea�
<br /> Prot��3+"D� �
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<br /> LOT EIGHT (8), FRACTIONAL Bl.00K SEVENTEEN (1�, ASHT�DN PLACE, CfTY OF GRAND ISWND, �
<br /> HALL COUNTY, HEBRASKA.
<br /> The Real riroperty or its address i� commonly known as 270�2707 W KOi.NIG, GRAND ISLAND, NE 68803.
<br /> Trustw presently assigns to Lender(atso known as 8eneficiary In lhls Deed of Trust)aA of Truslor's right,dtle,and Interesf in and to all present and
<br /> tuFure leases of the Property end all Renis from iha Pro¢erty. In addiUon,Trustor grants Lender a Unfform Comm�CLai Code sectxity inter9st!n the
<br /> Ftents and the Personal P�operiy detined below.
<br /> Dk�IN�T(ONS. Tktie foUowing words shali have the foliowr(ng meanings when used in this Deed of Trust. Terms not ofhervvise deflned In this Desd of
<br /> Trust shall have the rteeanings attrtbuted to such terms in the Uniiwm Commercial Cod9. Nt roferer�s to doaer amounts shap mean amounts in
<br /> 4twf:�l mo�ey of the Uniied Stales of Amerioa.
<br /> t9eneBciery. Tfie word Beneficiay' means UNRED NEBRA�',.KA BANK, its successors and assig�u. UNRED NEBRASItA BANK aiso Is
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<br /> reHcrred fo as lende�'in this Deed of Trtts;.
<br /> DG,ed ot Trus3. Ths words'Qeed ot TrvsY mgan thts Deed of Trust among Trustor,Lender,and Trustee,and Includes wlthout li.mitation all
<br /> �usignment and security lrterest provFsions relating to the Personal Property and Rents.
<br /> Guaranlar. The word "Guaranior' means and includes wtthout NmRatlon any end a!f guarantars, sureNas, an� acrnmmodaUon partles In
<br /> conne,^liort wlth the I�debtedness.
<br /> Improv��ments. The word 9mprovemonts"means and(nciudes without qmiteUon att e�ds8ng and fu�ure irmprevements,builp9ngs,struCtures, ,
<br /> mobite homes atfaed on the Real Prq>erty,iadlfttes,eddfNons,replacemenls and other constructlon on ihe Real Properly. __
<br /> indebledroess. The word 7ndebtedness"mesns aH principal and interest payable u�der the Mote and any�mounts expended o�K advanced by
<br /> Lender!o dlscharpe obllgatioru of Trustor or e�enses Incir,red by Trustee a Lender to en(orY�e obtfpa�ons of Trustor under this Daed of Trusf,
<br /> together with Interest on such amounts es provided !rt lMs Dead of Trust. In additlon to Ihe Nole, the word "Indebtedness"I�ludes utt
<br /> oa�ano�s,debts and IiabiUt�s,ptus Uteresi thereon,of Trustor fo Lender,a any one ar more of tt�em,ss xrell as aq Clalms by lender epainst
<br /> Trustor,or eny one or mory o!them,whether now exl.stlng or hereafter erlsing,wha(t�relpt�d or unrelated to the purpo�9 ot the Note,whelher
<br /> vduntary a otherwise,whetl�due or not due,absduta a cvntlngent,Wyuldaled a unNquidated and whaMter Trustor mey be Ileble Indh�lduapy
<br /> or Jointly wRh othExs,whother obpgated as puarantor ar ottse�wise,anll wh9ther recovery upon such ir�debtedness,;iey be or hareaner may
<br /> become barred by any statute ot GrtdtaHons, and whothsr such (ndebtedr�ss may be or hereaRar rr�ay�et;pme otherwtse unenfo�eble,
<br /> (IMtlal Flere_ )
<br /> Lend�.r. The word lende�'m¢ans tlNfTED 1�9RASKA BANfC,ihs successors and assfgns.
<br /> kote. The word"Wote"mQans the Koie deted January 15,'1999,111 1I1@ pfIRC1�181 pPilflUnl O� S46,OOO.CO.4om Trustor fo Lender, �
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