Laserfiche WebLink
�� <br />�� <br />�� <br />� <br />N � <br />0 �� <br />� � <br />N �� <br />0 — <br />� � <br />N � <br />� �� <br />— <br />�� <br />��� <br />r., <br />� C: �r n C� <br />= ti O -� <br />T' C � <br />r {— z <br />� tl r c . �-+ � rn <br />� s � c� ,=^r � -< <br />� p i , � <br />.rs � N � � <br />n O ��°- � �'z <br />'�' � ' c� S �Tl <br />"� � � Cn � -� I> W <br />� :g ri � r � <br />„n r n- <br />o .� d. <br />v� <br />�, - N �c <br />r-� D <br />r;-, ° cn � � <br />�� W cn <br />° � cn <br />WHEN RECORDED MAI �T <br />Equitable Bank <br />Diers Av�nue Branch <br />PO Box 160 <br />� Grand Island. NE 68802-0160 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 54,055.00. <br />THIS DEED OF TRUST is dated June 22, 2012, among ROBERT T TAYLOR, whose address is <br />556 E 18TH ST, GRAND ISLAND, NE 688012402; A SINGLE PERSON ("Trustor"); Equitable <br />Bank, whose address is Diers Avenue Branch, PO Box 7 60, Grand Island, NE 68802-0160 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank <br />(Grand Isl�nd Region), whose address is 113-115 N Locust St; PO Box 160, Grand Island, NE <br />68802-0160 (referred to below as "Trustee"). <br />CONVEYANCE AND GRANT. For valuable consideretion, Trustor 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 appurtenences; all water, water rights and ditch rights (including stock in utilities with <br />ditch or irrigation rights); and all other rights, royalties, and profits releting to the real pro�erty, including without <br />limitation all minerals, oil, ges, geothermal and similar matters, (the "Real Property ) IoCeted in HALL <br />County, State of Nebraska: <br />THE EASTERLY TWENTY-THREE AND FIVE TENTHS FEET (23.5') OF LOT TWENTY-THREE <br />(23) AND ALL OF LOT TWENTY-FOUR (24) AND THE WESTERLY THREE FEET (3') OF LOT <br />TWENTY-FIVE (251, IN BLOCK THREE (3) IN BLAIN ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its eddress is commonly known as 556 E 18TH ST, GRAND ISLAND, NE <br />688012402. The Real Property tax identification number is 400019167. <br />Trustor presently essigns to Lender (also known as Beneficiary 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 end all Rents from the Property. In addition, Trustor <br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT 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 provided in this Deed of Trust, Trustor shall pay to Lender all <br />amounts secured by this Deed of Trust as they become due, end shall strictly and in a timely manner perform ell of <br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor egrees that Trustor's possession end use of the <br />Property shell be governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor mey (1) 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 Maintain. Trustor shall meintain the Property in good condition and promptly pertorm all repairs, <br />replacements, and maintenance necessery to preserve its value. <br />Complience With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of <br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, <br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previousty 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, release or threatened release of any Hazardous Substance <br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) eny actual or <br />threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously <br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contrector, agent or other <br />authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any Hazerdous <br />Substance on, under, about or from the Property; and (b) any such activity shell be conducted in complience with <br />all applicable federal, state, and local laws, regulations 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 may 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 any responsibility or liability on the part of Lender to Trustor or <br />to any other person. The representations and warranties contained herein are based on Trustor's due diligence in <br />N <br />O � F"+ <br />N � <br />C'3 � <br />C.JI � <br />F--a � <br />� � <br />Q <br />�� � <br />