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<br /> �'�•,I+•+r'': .;,�„Y UNITED Nf9R118KA BANK.GRAND ISLAND � ,
<br /> °>';�a�_.;;� i�;y� .
<br /> �d;a -��� GRAND i8LAN0�N�itiO3 �0�� �, -1
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<br /> .�•,,`�^`�'''� .•�.Z� gPACE ABOVE THIS LtNE is FOA RECOR�R's USE ON6tl � '?��•
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<br /> '�4�ti�`� � � �� �� DEED OF TRUST .
<br /> . .;�
<br /> .��?:� .. .��" 7H18 OEEO OF 7RU8T IS OATEO AUGUST 19� 1894� emon� OAAWIN L OAILY and VERONiCA S OAILY� .
<br /> � HU58AN0 �WIF'E� whose addreu i� 2637 DEL MONTC� GRAND 18LAND� NE 68803 (reterred to balaw as �' ` `�'
<br /> - "Trustor"); UNITEO NEBRASKA BANK. GRAND ISU1N0� whoae addreea is 700 N. WEBB ROAD, GRANO • ,. n,
<br /> • ISLAND,NE 65003(r�tened to betow somettmes as "Lende�" end eomettmea as "8eneflalary"); and UNIIED �* .
<br /> �� NEBRA8KA BANK. GRAND ISLAND� whose sddreas la 700 N. WEBB ROAD / GRANO ISl.ANO� NE 68803 �.
<br /> .. (rotermd to betow as"Trustee"j. 't,� °
<br /> CONVEYANCE AND GRANT. Fa vatuetiN eontldenUon,Trusta eoove�ls to Truatee tn hust�WITH POWER OF 8ALL,tor tM beneflt of '
<br /> i�r�itiG: z3 SGnr�. sk o!Truslt�s r!pltt, lUle, snd 4ntere�! In en� t9 Ihe toilowfng dss«ibed reat Qroparly: together wtth aU exisdnn or
<br /> eubs�qtNnUy erected ot ntflxed buYdin�,improveme�a and flxlures;ell easements,�iphts of way,and sppurtenances;alt wate►.watar riqMa and '�t����
<br /> • ditch rlphts(inCludinp stodc in utillUes wilh ditch a fMpetlon�iphb);and atl olhet�iphts,roy��Ges and pro81s Natlnp to ih9 reel pto�,Indudinp J'�:;�:�;,
<br /> wlthatt WmituUon ati minetab,NI.pes. peothermel and similar matters,looeted tn HAU. �ounty, S�ate ot Nebraske ( e "Rea� ,:::{'':';'.,;<;
<br /> :,;.,�:,
<br /> Property"� '
<br /> PART OF THH EAST ONE HAI.F OF THE SOUTHEAST GUARTER (E1/2SE1/4)OF SECTION TWENTY(20) �
<br /> IN TOWNSHIP ELEVEN (11) NORTH� RANGE NINE (8) WEST OF THE 31XTH P.M.� MORE
<br /> PARTICULARLY t�ESCRIBED AS FOLLOWS: COMMENCING AT A POINT CN THH SOUTHLY L1NE OF '�'�
<br /> DEL MONTE AVENUE, WHICH POINT IS 352 FEET SOUTMWESTERLY FROM LOT ONE (1j.BLOCK FIVE
<br /> (6� BEl.-A1R ADDITION TO THE CITY OF tiRAND ISLAND� NEBRASKA. THENCE RUNNING
<br /> SOUTHEASSERLY ALONG AND UPON A UNE PARALLEL WITH THE SOUTHWESTERLY LOT UNE OF
<br /> SAIO LOT ONE (1) AND �52 FEE� DlSTANT THEREFROM� FOR A CISTANCE OF 126 FEET, THENCE ,
<br /> �'�'�,,:;'.:::: RUNNINO 80UTfdWESTERL.Y ON A I.INE PARALLEL WITH THE SOUTMLY LINE OF OEL MONTE ��;:��.'� �
<br /> ' - � � AVENUE FOR A DISTANCE OF 70 FEET.THHNCE RUNNING NORTHWESTERLY ON A LINE PARALLEL
<br /> ��' � WITH TiiE SOU'i'HWESTERLY LOT LINE OF BAID LOT ONE (1)BLOCK FIVE (S) BEL-AIR AODiT10N
<br /> � AND 422 FEET OISTAWT THEREFROM, FOR A DISTANCE OF 126 FEET TO THE SOUTHLY UNE OF �
<br /> •. DEL MONTE AVENUE.THENCE RUNNING NORTHEASTERLY ON AND UPON THH SQUTHERLY LINE '
<br /> OF DEi.MOME AVENUE FOR A DISTANCH OF 8:)FEET TO THE POINT OF BEGINNIN�.
<br /> � , The Reei Properly or its addresg is commonly known as 2G3i OEL MONTE.GRAND ISLAND� NE 68603. I
<br /> • Tnistor presentry assipns to Lender(atso known as BeneRCinry In ihls Deed ot Trust)att of Trustor's ripht,titte,and Interesl in and to alt preseM and ,
<br /> i�,�';�`„� tuture leases ot th0 Property and all Renls hom!he Properly. in additlon,T�ustor grants Lender a UnNorm Commerclat Code secudty interest In the
<br /> ,,.,ir�. Rents snd the Pe�sonal PropeAy deflned betow.
<br /> ��.`.� DEFINITIOMS.Th�toilowinp words ShaA hpve th0 foilowing meeninps when used in this Deed ot Trust. Terms not othenxise derined in thls Oeed ot ���'
<br /> � � Trust ahaY have th6 meaninps athlbuted to such tetms In the Unitorm Commerclal Code. All relerences to ddlar amounls shall mean amounts In ; '
<br /> � lewtul money of fho United States ot Amerlca. � •;
<br /> eenendary Tti9 wOtd"88neflelary'means UNITEO R+EBRASKA BANK,GRAND ISLANO,Ils succsssors and asslAns. UNITED NEBRASKA !. '
<br /> � BANK,dRANO�SLAND also Is reterted to es lende�'In thls Deed of Trust. '
<br /> r'' Ctedlt Apreement. The words"Credit Ayroement"meen the revotvinp erodit apreement dMed Aupust t9,1994�with�credlt Ilmit U j �
<br /> � . th@ 8�If0Uftt Ot s20�000•�0. between Tnistor and Lender, topether with a0 renewals,extenslons. modlAcaUons. reflnandngs, and �
<br /> s, subsUluttons tar the Godit A9reemeM. The matuAly dale o}thls Oc�od of Trusf is Aupust 19.t899. i
<br /> • Daad of Ttust. The words'fleed of TrusP mesn this Deed of T�ust amonp Trostor,Lender,and Trustee,and indudes without IlmNatlon ell �
<br /> � assipnment and seourity Interost ProNsions relafinp to th9 Pereonal PropeAy end Renb.
<br /> 1 ° „ Guarantor. The word"�uarento�'means end includes withoul AmitaUon any and all guarantors. surelles,and accommodatton parHes In �
<br /> ' � oonmatlon witn ihe indebtednesa.
<br /> lmnrovements. The word 'Improvementa'means end Inctudea without Amilatlon aN e�dsUng and tuture improvemenls, ftxtures,buNdings, L__
<br /> shuotures,rnoblb homes aHixed on the Real Property,iaGnnes,aa0�nons,reptacementa ana otnar construcnon oa me tieai�openy. r�--
<br /> �
<br /> � indeDtedneas. The word"Indebtedness"means ati prindpal and interest payabie unCer the Credit Agreement and any amounts expended or �
<br /> .� advurqed by Lender to dlsoharge obUpations of Trusta a expenses inourred by Trustee or Lender to enforce obilgallona ot Trustor under thls
<br /> Deed ot Trust.toaether w8h Interesf on suoh amounts as provlded In this Deed ot Trust. Speciftcalty,without IlmHetion,ihia Deed ot Trust
<br /> �acuroa a revotvtnp tine of credit,whl¢h obtlpetes Le�de�to meke advences to Trustw so tonp es Trustor compika wifh aU the terma
<br /> � ot iht Ctedit Apreement. Sueh advances may be maQe�repetd,end remade trom Ume to time,sub�ect to ihe limttatlon thn the totet
<br /> �• out�Undinp bdence owlnp at any one t�me.not Inetudtnp ilnanee eher�{es on such balence at a flaed or varieble rate or eum as :
<br /> � prov�ded in the Credlt Aareement,any tempor�ry overapes,olher chmdes,and any amounta expended or edveneed as provided in thla
<br /> - p�rapreph,sl�att not exeeeA fhe Credlt I.Imit as provided In the Credit Ayreament tt Is the Intentlon of Trustor end Lender that thls
<br /> Deed of Truaf secures!he batence outetertdinq under the Crodit Agreement t�om time to time trom xero up to the C�edit Umit as .
<br /> �. ;•• . provided above�nd eny Intermedlate balence.
<br /> • Leadea The wad'Lende�'means UNITED NEBRASfW BANK,CiRANO ISLAND,ib suecessors and assigns. �
<br /> penpn�i P►pperty. The wads"Personat Propedy'mean e0 equipment,8xtures, and olher arHCtes of personal Droperty now a hsreaNer ;
<br /> i , wveed by Truator,and now or hereafter atlached or aktzed to the Real Property; fopether wlth all accessbns,parts,and addiHons to,all
<br /> re�18CemeMS of, and aU substltutbns tor,any at such property;and together wlth ail proceeds (Inciudinp wilhout Ilmitatlon ell insuranCe �
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