|
��
<br />�
<br />� �
<br />� �
<br />� -
<br />� �
<br />� �
<br />�
<br />�
<br />v
<br />�
<br />�
<br />�
<br />�
<br />C o
<br />i �
<br />A��
<br />R �
<br />�.
<br />�
<br />x; -
<br />$.. i:
<br />i'
<br />� .
<br />�
<br />_� D
<br />r �'
<br />r y
<br />r, {, ,--
<br />G ;
<br />� , _`' -
<br />'�' 1 �
<br />C� ;
<br />�.�
<br />�
<br />f *p
<br />��
<br />c �
<br />c � `"_.,
<br />�. � �.
<br />�, �
<br />0
<br />�
<br />r v
<br />e:�
<br />�-.
<br />�
<br />r_
<br />c
<br />z
<br />N
<br />0
<br />"�
<br />3
<br />F-�
<br />N
<br />cn
<br />1—�
<br />n �
<br />o -�
<br />c n
<br />z -�-1
<br />� rn
<br />'� O
<br />O T1
<br />� z
<br />= m
<br />D �
<br />r �
<br />r n
<br />cn
<br />�
<br />D
<br />��
<br />cn
<br />cn
<br />u
<br />i,�
<br />�
<br />s'
<br />:Aw
<br />WHEN RECORDED MAIL TO:
<br />Equkable Bank ,� /
<br />North Locust Branch �1nJ V / (y
<br />113-115 N Lacust St ��� !�(j f�
<br />PO Box 160 �
<br />Grand Island NE 68802-0160 FOR RECORDER'S USE ONLY
<br />DEED OF T�tUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shalll not exceed at any one time S 140,000.00.
<br />THIS DEED OF TRUST is dated June 8, 2012, among GARY B MCWILLIAM, whose address is
<br />4011 BUCKINGHAM DR, GRAND ISLAND, NE 688030000 and SUSAN M MCWILLIAM,
<br />whose address is 4011 BUCKINGHAM DR, GRAN01 ISLAND, NE 688030000; HUSBAND AND
<br />WIFE ("Trustor"); Equitable Benk, whose address is! North Locust Branch, 113-115 N Locust St,
<br />PO Box 160, Grand Island, NE 68802-0160 (refbrred to below somefimes as "Lender" �nd
<br />somefimes as "Beneficiary"1; and Equitable Banki (Grand Island Region), whose address is
<br />113-715 N Locust St; PO Box 160, Grand Islantl, NE 68802-0160 (referred to below as
<br />"Trustee").
<br />CONVEYANCE AND GRANT. For valueble consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, t�tle, 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 appurtenences; all water, weter'rights end ditch rights (including stock in utilities with
<br />ditch or irrigation rightsl; and all other rights, royalties, and profits relating to the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar mattlers, (the "Reel Propel'ty") IoCeted in HALL
<br />County, State of Nebraska:
<br />LOT FORTY-THREE (43), CASTLE ESTATES '� SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA '
<br />The Real Property or its address is commonly known as 4011 BUCKINGHAM DR, GRAND
<br />ISLAND, NE 688030000. The Real Property tax id�ntification number is 400202654.
<br />Trustor presently assigns to Lender (also known as Beneficiaryj in this 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 eddition, Trustor
<br />grants to Lender a Uniform Commercial Code security interest in Khe Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF REN1�S AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT pF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELAT�D 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 provided in this Deed of Trust, Trustor shall pay to Lender all
<br />emounts secured by this Deed of Trust es 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 iRelated Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Tru�tor agrees that Trustor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of, Default, Trustor may (7) remain in .possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintein. Trustor shall maintain the Property in good condition and promptly perform ell repeirs,
<br />replacements, end maintenence necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents �nd warrants to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use,j generation, manufecture, storage, treatment, disposal,
<br />release or threatened release ot eny Hazardous Substance 'by any person on, under, ebout or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that; there has been, except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br />generation, manufacture, storage, treatment, disposal, releQse or threatened release of any Hazardous Substence
<br />on, under, about or from the Property by any prior ownerS or occupants of the Property, or (c) any actual or
<br />threatened litigetion or claims of any kind by eny person ralating to such matters; and (3) Except as previously
<br />disclosed to and acknowledged by Lender in writing, (a) neiither Trustor nor any tenant, contractor, agent or other
<br />authorized user of the Property shall use, generate, manufaCture, store, treat, dispose of or release any Hazardous
<br />Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with
<br />all applicable federal, state, and local laws, regulatio�hs and ordinances, including without limitation all
<br />Environmental Laws. Trustor authorizes Lender and its�, agents to enter upon the Property to make such
<br />inspections and tests, at Trustor's expense, as Lender mley deem appropriate to determine compliance of the
<br />Property with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's
<br />purposes only and shall not be construed to create eny responsibility or liability on the pert of Lender to Trustor or
<br />I
<br />N
<br />0
<br />h--�
<br />1'��
<br />0
<br />s
<br />Cf�
<br />"J
<br />�
<br />
|