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<br /> RECORDATION REQUESTED BY: l C"� ''��'' � �
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<br /> BANK OF KEYSTONE � � �
<br /> POBOX210 �
<br /> 105 INLAND SEAS
<br /> KEY ONE,NE 69144 �
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<br /> �cc��o o nn�►i�To: Qo_i�62
<br /> BANK OF KEYSTONE sJaJ ��
<br /> P O BOX 210
<br /> 105 INLAND SEAS
<br /> KEYSTONE,NE 69144
<br /> SEND TAX NOTICES TO: �
<br /> DAVID L.CHRISTENSEN and JEANNE A.CHRISTENSEN /�►
<br /> 1820 STAGECOACH ROAD �•�
<br /> GRAND ISLAND,NE 68802 ��
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<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED JUNE 11, 1999, among DAVID L. CHRISTENSEN and JEANNE A.
<br /> CHRISTENSEN, HUSBAND AND WIFE, whose address is 1820 STAGECOACH ROAD, GRAND ISLAND, NE
<br /> 68802 (referred to below as "Trustor"); BANK OF KEYSTONE, whose address is P O BOX 210, 105 INLAND
<br /> SEAS, KEYSTONE, NE 69144 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br /> and BANK OF KEYSTONE, whose address is P O BOX 210 KEYSTONE NE 69144 (referred to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br /> Lender es Beneflciary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br /> subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, 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 reai prope�y includinQ
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IOCBted In HALL COUn�/, StBt@ Of N@bl'8Sk8 (Itl@ "R@81
<br /> Property"):
<br /> LOT THIRTY-EIGHT (38), REGENCY BY THE GREEN SUBDIVISION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 1820 STAGECOACH ROAD, GRAND ISLAND, NE
<br /> 68802.
<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 alt 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 worcis shall have the following meanings when used in inis C7eed of 7rust. 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 /> Beneflciary. The word"Beneficiary" means BANK OF KEYSTONE, its successors and assigns. BANK OF KEYSTONE also is referred to as
<br /> "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 /> Existing Indebtedness. The words"Existing Indebtedness"mean the indebtedness described below in the Existing Indebtedness section of
<br /> this Deed of Trust.
<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,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payabie 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.
<br /> Lender. The word"Lender"means BANK OF KEYSTONE,its successors and assigns.
<br /> Note. The word "Note" means the Note dated June 11, 7999, in the principal amount of $27,000.00 from Trustor to Lender,
<br /> together with all renewals,extensions,modiflcations,refinancings,and substitutions for the Note...
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