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<br /> WHEN RECORDED MAIL T0:
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD
<br /> PO BOX 5018 ` )�+
<br /> GRAND ISLAND,NE 68802 9 9 1 1 O O �i V c
<br /> �
<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 SEPTEMBER 17, 1999, among RUDOLF F PLATE, JEANNICE R PLATE,
<br /> HUSBAND AND WIFE AND TIM C PLATE, AN UNMARRIED INDIVIDUAL, whose address is 2608 OLD FAIR RD,
<br /> GRAND ISLAND, NE 68803 (referred to below as "Trustor"); UNITED NEBRASKA BANK, whose address is 700
<br /> N WEBB RD, PO BOX 5018, GRAND ISLAND, NE 68802 (referred to below sometimes as "Lender" and
<br /> sometimes as "Beneficiary"); and UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX
<br /> 5018 / GRAND ISLAND, NE 68802 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br /> Lender as Beneficiary, 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 real propert , including
<br /> without limitation all minerals, oil, gas, geothermal and similar matters, IoCated In HALL CoUnty, State of Nebraska (t�ie "Real
<br /> Property"):
<br /> LOT EIGHT (8), WESTWOOD PARK FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 603 SWEETWOOD DR, GRAND ISLAND, NE 68803.
<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 teases 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 words shall have the fol�owing 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 afl
<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 Prope�ty,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 /> together with interest on such amounts as provided in this Deed of Trust.
<br /> Lender. The word"Lender"means UNITED NEBRASKA BANK,its successors and assigns.
<br /> No1e. The word "Note" means the Note dated September 17, 1999, in the principal amount of $118,000.00 from Trustor to
<br /> Lender,together with all renewals,extensions,modifications,refinancings,and substitutions for the Note.
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