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<br /> WHEN REGORDED MAIL Tp:
<br /> Equttable Ban&
<br /> Diers Avenue Branch
<br /> PO Box 760
<br /> Grand Isfand. NE 6$802-0'i60 FOR REC�RDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is dated August 7, 2Q12, arnong DESTINY GHURCH ASSEMBLY OF
<br /> GOD OF GRATID 1SLAIVD, NEBRASKA, a Nebraska Non Profit Corporation, whose address is
<br /> 6887 N ENGLEMAN RD, GRAND 1SLAND, NE 58803 ("Trustor"]; Equitable Bank, whose
<br /> aaidress ➢s Diers Ar�enue Branch, PO Box 180, Grand is[and, NE 65802-076a [referred to Below
<br /> sometimes as "Lender" and sometlmes as "Beneflc[ary"}; and Equiteble Benk (Grand ls[end
<br /> Region), whose address is 173-175 N Locust St; PO Box 150, Grand Island, NE 68802-0960
<br /> (referred to below as "Trustee").
<br /> CONVEYANCE ANfl GRANT. For valua6le consideration,Trustor conveys to Trustee in trust. W[TH PDWER OF SALE,
<br /> fur the benafiit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br /> property, ioge#her with a][ exis#ing or suhsequently erected or aYFixed huildings, improvements and fixtc�res; all
<br /> easements, rights ofi way, and appurtenances; all water, water rights and ditch rights {including stock in utilities with
<br /> ditch or 3CFFgaY]OP rig[�ts1; and afl o3her rigFrts, rpyalEies, and profits rela2ing to the rea[ properry, incEuding without
<br /> limi#ation all minerals, oil, gas, geotherma] and similar matters, (th� "Real Property'�) IOC�TOC� in Hall County�
<br /> State of Nebraska.
<br /> See See Attached Exhibit A, which is attached to this Deec3 o�F Trust and made a part of this
<br /> Deed vf Trust as if fully set forfih herein.
<br /> The Real Properiy or its address is commonly known as 6�A� S Locust St, Grand lstand, NE
<br /> 6880'i. The Real Property tax identification number is 400139103.
<br /> CRO55-COLLATERALI7AT1pN. In 8ddiiion to the Note, this Deed of Trust secures a][ ob[igations, debts and liabifities,
<br /> p[us Enterest thereon, of Trustor to Lender, or any one w more of them, as well as efl claims by Lender againsi Trustar
<br /> or any one or more of them, whether now existing or f�ereafter arising, whether related or unrelated to the purpose of
<br /> the Note, whether voEuntary or otherwise, whether dua or not due, cEirect or indirsct, determined or undetermined,
<br /> absolute or contingent, liquidated or unliquidated, w[�ether Trustor may 6e [ia61e individually or jointly with oFhers,
<br /> wheiher obligated as guarantor, sureYy, accommodation party or otherwise, artd whether recovery upon such amounts
<br /> may be or hereafter may become barred by any stat�te of limitations, and whether the a6ligation to repay such amounts
<br /> may be or hereafter may become otherv✓ise unenforceable.
<br /> FUTURE ADVAIVGES. In addition to the Note, this Deed oi Trust secures all future advances made 6y Lender to Trustor
<br /> whether or not the advances are made pursuani to a corn[nitment_ Spscificafly, without IimiYaYion, [his Deed of Tre�st
<br /> secures, in addition to the amounts specified in the Nate, all future amounts Lender in its discretion may loan to
<br /> Trusior,Fogether with all interest thereon_
<br /> Trustor presently assigns to Lender (also known as Seneficlary in this Qeed af Trustl all of Trustnr's right, rit[e, and
<br /> intarest in and to all present and future leases ot the Property and a[I Rents from the Property. !n addition, Trustor
<br /> grants to Lender a Uniform Commercia] Code security inYerest Irt the Personal Property and Rents_
<br /> THfS �EED �F TRLJST, [l1ECLLJD[IVG TfiE ASSIGNMEMT �F REIVTS ANA THE SECURITY INTEREST IN THE RENTS ANII
<br /> PERSONAL PFtOPEFiTY, IS GIVEkV TO SECURE [A) PAYMENT OF T1iE INDEBTEDT]ESS ANP {g} PERFORMANCE OF
<br /> q911Y AND ALL OBLIGATIONS UNDER THE NOTE, TI-fE RELATED DOCUMENYS_ A1Vb THIS DEED OF TfiUST. THIS
<br /> I3EED OF THUST IS GNElV AIV�ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYIVIENT ANri PERFORMANCE. Except as atherwise provided in th9s Ueed of Trusc, Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shal] sYrictly and in a Eimely manner perform all of
<br /> Trustor's ob[igatians under the Note,this Deed of Trust, and the He[ated f7ocuments.
<br /> POSSESS[ON AND MAINTENANCE OF THE PROPERTY_ Trustor agrees that Tre�stor's possession and use af the
<br /> Property shafl 4e gaverned 6y the following provisions:
<br /> l}ossession and Use. Until Yhe occ�rrence of an Event of Defau[t, Trustor may (1} rerr�ain in passession and
<br /> control of the Pro�erty; (2} use, operate or manage the Property; and (31 col[ect the Rents from the Property.
<br /> Auty to Mairrtain. TrusLor shal] malntain the Property ire tenantable condition and promptEy perform all repairs,
<br /> rep[acements, and maintenPnce ner,essary ro preservc its value.
<br /> Gompliance �th Environmantal Laws. Trustor represeMs and warrants to Lender that: (1} purirtg the period of
<br /> Trustor's ownership of the Property,there [�as been no usc, goncration, manufacture, storage,treatmeni, disposal,
<br /> release or tnreatened release of any Hazardous Substance by any person on, under, about or from the I'roperty;
<br /> i2) Tr�stor has no knowledge of, nr reaso� to helieve thei there has been, except as previously disclosed io and
<br /> acknowfedged by Lender in writing, {aS anY breach or violation of any EnvironmenYa[ Laws, (b1 any use,
<br /> generation, manufacture, sforage, treaLrnenL, disposal, release or threatened release of arty Hazardous Substance
<br /> on. �nder, about or from the Property 6y any prior owners or occupants of the Properly, or ic} any actual or
<br /> threatened litigation or c[aims of any kind by any person relating to such matters; and (31 Gxcept as previously
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