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<br /> WHEN RECORDED MAIL TO: � �v N �
<br /> UNITED NEBRASKA BANK � �Z'
<br /> 700 N WEBB RD 0
<br /> PO BOX 5018
<br /> GRAND ISLAND,NE 68802
<br /> C�
<br /> �
<br /> �
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br /> WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br /> THIS DEED OF TRUST IS DATED APRIL 16, 1999, among PAUL M SOTO and CYNTHIA L SOTO, HUSBAND
<br /> AND WIFE, whose address is 1915 W 11TH AVE, GRAND ISLAND, NE 68803 (referred to below as "Trustor");
<br /> UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, NE 68802
<br /> (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED NEBRASKA BANK,
<br /> whose address is 700 N WEBB RD, PO BOX 5018 / GRAND ISLAND, NE 68802 (referred to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable conslderation, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br /> Lender as Beneficiary, al� of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequently erected or a�xed buildings, improvements and fixtures; all easements, rights of wey,and appurtenances; all water, water rights and
<br /> ditch rights (including stock in utilities with ditch or irrigation rights);and all other rights, royalties and profits relating to the real prope�y including
<br /> without limitation ait minerals, oi1, gas, geothermal and similar matters, (OCBt@d In HALL �oUn�/, State Of Nebraska (Llle "Re81
<br /> Property"):
<br /> LOT THIRTY THREE (33), IN THELEN SUBDIVISION, FIRST ADDITION TO THE CITY OF WOOD RIVER,
<br /> HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as DODD STREET AVE, WOOD RIVER, NE 68883.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in this Deed of Trust)all of Trustor's right,title,and interest in and to all present and
<br /> future leases of the Property and all Rents from the 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 attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts in
<br /> lawful money of the United States of America.
<br /> Beneficiary. The word "Beneficiary" means UNITED NEBRASKA BANK, its successors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Deed of Trust. The words "Deed of TrusY' mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation 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 affixed on the Real Property,facilities,additions,repiacements and other construction on the Real Property.
<br /> Indobtedne�, The word"Indebtedness"mesn6 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 /> together with interest on such amounts as provided in this Deed of Trust. Specificaily,without Iimitation,this Deed of Trust secures,in addition
<br /> to the amounts specified in the Note,all future amounts Lender in its discretion may loan to Trustor,to�ether with all interest thereon;however
<br /> in no event shall such future advances (excludin interest) exceed in the aggregate $10,000.00. The lien of this Deed of Trus�
<br /> shall not exceed at any one time 595,�.00.
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