Laserfiche WebLink
m <br /> � � N p� � <br /> m"' � cD m <br /> 1 � n�� N Zm N m <br /> o �o� , C �O � D <br /> N � ��p r �Z N cn <br /> � ZD O — <br /> �w G7�0 � 2W � Z <br /> TA m ��1 N � <br /> � m m R1 f� D r D � �] <br /> � m C)0 � (n 00 � <br /> � ��� � � � � <br /> 0 0 � ._.._. z <br /> 0o A � � <br /> W Z <br /> O <br /> WHEN RECORDED MAIL TO: <br /> Equitable Bank <br /> Diers Avenue Branch <br /> PO Box 160 <br /> Grend Island,NE 68802-0160 POR 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$8,600.00. <br /> THIS DEED OF TRUST is dated July 23,2012,among JAMES CAMPLlN,whose address is 828 <br /> SAGEWOOD AVE, GRAND ISLAND, NE 68803 and JESSICA CAMPLIN,whose address is 828 <br /> SAGEWOOD AVE. GRAND ISLAND, NE 68803; HUSBAND AND WIFE ("Trustor"}; Equitable <br /> Bank, whose address is Diers Avenue Branch, PO Box 160, Grand lsland, NE 68802-0760 <br /> (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank <br /> (Grand lsland Region), whose address is 173-115 N Locust St; PO Box 160, Grand Island, NE <br /> 68802-0160 (referred to below as "Trustee"). <br /> CONVEYANCE AND GRANT. For valua6le consideration,Trustor conveys to Trustee in trust,WITH POWER OF SALE, <br /> for the bene£t of Lender as Beneficiary,all of Trusmr'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 (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 rriinerals, oil, gas, geothermal and similar matters, (th2 "Real PYOp2Yty") located in HALL <br /> County,State of Nebraska: <br /> LOT ONE HUNDRED TWENTY TWO (122), LARUE SUBDNISION, IN THE CITY OF GRAND <br /> ISLAND, HALL COUNTY, NEBRASKA <br /> The Real Property or its address is commonly knawn as 828 SAGEWOOD AVE, GRAND <br /> ISLAND,NE 68803. The Real Property tax identification number is 400433508. <br /> REVOLVING LINE OF CREDIT. This Deed of Trest secures the Indebtedness including,without limitation,a revolving <br /> line of credit,which obligates Lender to make advances to Borrower so long as Borrower complies with all the terms of <br /> the Credit Agreement. Such advances may be made,repaid,and remade from time to Yime,subject to the limitation <br /> that the total outstanding balance owing at any one time,not.including finance charges on such balance at a fixed or <br /> variable rate or sum as provided in the Gredit Agreement,any temporary overages,other charges,and any amounts <br /> expended or advanced as provided in eitMer the Indebtedness paragraph or this paragreph,shall not exceed the Credit <br /> Limit as provided in the Credi[Agreement. It is the intention ofi Trustor and Lender tfiat tfiis Deed of Trust secu�es the <br /> balance outstanding under the Credit Agreement from time to time f�om zero up to the Credit Limit as provided in the <br /> Credit AgreemeM and any intermediate balance. ' <br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) alI 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 io 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 GNEN TO SECURE �A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br /> EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE GREDIT AGREEMENT, THE RELATED <br /> DOCUMENTS,AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING <br /> TERMS: <br /> TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at <br /> Borrower's request and not at the request of Lender, (b}Trustor has the full power,right,and authority to enter into <br /> this Deed of Ttust and to hypothecate the Property; (c)the provisions of this Deed of Trust do not conflict with,or <br /> result in a default under any agreement or other instrument binding upon Trustor and do not result in a violation of any <br /> law,regufation, court decree o�order applicable to Trustor, (d) Trustor has established adequate means of obtaining <br /> from 8orrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no <br /> representation to Trustor about Borrower(including without limitation the creditworthiness of Borrower). <br /> TRUSTOR'S WANERS. Trustor waives alI rights or defenses arising by reason of any"one action"or"anti-deficiency" <br /> Iaw, or any other law which may prevent Lender from bri�ging any action against Trustor, incluiiing a claim for <br /> deficiency to the exterrt Lender is otherwise entitled to a�claim for deficiency,before or after Lender's commencement <br /> or completion of any foteclosure action,either judicially or 6y exercise of a power of sale. <br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trusi,Borrower shall pay to Lender aIl <br /> I�de6tedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their <br /> respective obligations under the Credit Agreement,.this Deed of Trust,and the Related Documents. <br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's <br /> possession and use of the Property shall he gover�ed by the following provisions: <br /> Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and <br />