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<br /> WHEN RECORDED MAIL TO:
<br /> Equita6le Bank
<br /> Diers Avenue Branch
<br /> PO Box 160
<br /> Grand Island,NE 68802-0760 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXIMUM L1EN. The lien of this Deed of Trust shalP not exceed at any one time 5352,898.33.
<br /> THIS DEED OF TRUST is dated January 18, 2012, among DARREN C ADAMS, whose address
<br /> is 16323 W ABBOTT RD, CAIRO, NE 68824 and CHARITY L ADAMS, whose address is
<br /> 16323 W ABBOTT RD, CAIRO, NE 68824; Husband and �fe ("Trustor"); Equitable Bank,
<br /> whose address is Diers Avenue Branch, PO Box 160, Grand Isfand, NE 68802-0160 (referred
<br /> to below sametimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank (Grand
<br /> Island Region), whose address is 113-1 T5 N Locust St; PO Box 160, Grand Island, NE
<br /> 68802-0160(referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration,TPUStor conveys to Trustee in trust,WITH POWER OF SALE,
<br /> for the benefit of Lender as Beneficiary,all of Trustor's right,title,.and interest in and to the following described real
<br /> property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br /> easements,rights of way,and appurtenances;all water,water rights and ditch rights (ineluding stock in utilities with
<br /> ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without �
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the °Real Property") Ioca#ed in HALL
<br /> County, State of Nebraska:
<br /> A firact of land comprising a part of the West Half of the Northeast Quarter(W1/2 NE1/4)of
<br /> Section Thirty Four (34),Township Twelve i12) North, Range Twelve (12) West of the &th
<br /> P.M., Hall County, Nebraska, said tract being more particularly described as follows: With
<br /> reference to the Northwest corner of said West Half of the Northeast Quarter(W7/2 NE1l4);
<br /> thence running on an assumetl bearing of N 90° 00' 00" East on the north iine of said West
<br /> Half of the Northeast Quarter (W1/2 NE1/4) for a distance of 583.00 feet to the actual
<br /> point o� beginning, thence continuing IV 90° 00' 00" East on the north Iine of said West
<br /> Half of the Northeast Quarter (W1/2 NE7/4) for 741.76 feet to the Northeast corner
<br /> thereof, thence S 00° 38' 10" West on the East line of said West Halff of the Northeast
<br /> Quarter(W1/2 NE7/4)for 929.50 feet;thence N 90° 00' 00" West for 246.49 feet;thence
<br /> on a 1247.65 fioot radius curve to the left of 788.34 feet,the chord to said curve bearing N
<br /> 39° 45' 29" West fior 775.29 feet; Yhence N 01° 58' 12" East for 333.64 feet to the
<br /> POIlVT OF BEGINIVING
<br /> The Real Properiy or its address is commonly known as 1f323 W ABBOTT RD, CAIRO, NE
<br /> 68824. The Real Property tax identification number is 400404966.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in 2his Deed of Trust) all of Trustor's right,title,and
<br /> interest in and to all present and future leases of the Property and all Rents from the Property. In addition,Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in thePersonaf Property and Rents.
<br /> THIS DEED OF TRUST,WCLUDING TkE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY,IS GIVEN TO SECURE (A) PAYM�ENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br /> ANY AND ALL OBLIGATIONS UNDER THE NOTE,THE RELATED DOCUMENTS,AND THIS DEED OF TRUST. THIS
<br /> DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise previded in this Deed of Trust,Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trusi as they become due,and shall strictly and in a timely manner perform all of
<br /> Trustor's obligations under the Note,this Deed of Trust,and the Related Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PRORERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shall be governed 6y the following provisions:
<br /> Possession and Use. Until the occurrence o#an Event of Default, Trustor may (1) remain in possession and
<br /> control of the Property; f21 use,operate or manage the Property;and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Trustor shall maintafn the Property in good condition and promptly perform all repairs,
<br /> replacements,and maintenance necessary to preserve its value.
<br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender that (11 During the period ofi
<br /> Trustor's ownership of the Propetty,there has been no use,generation,manufacture,storage,treatment;disposal,
<br /> release orihreatened release of any Hazardous Substance by any person on, under, about orfrom the Property;
<br /> (2) Trustor has no knowledge of,or reason to�believe that there has been,except as previously disdosed to and
<br />
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