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<br /> WHEIV RECOFiDED MAIL TO:
<br /> Equitable Bank
<br /> North LocusY Branch -
<br /> 'i 13-'I 15 N Locust St
<br /> PO Box 7 60
<br /> Grand�.Island, NE 68802-0960 FOR RECOFtDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. The lien ofi this Deed_of Trust shall �►ot exceed at any one time $2'1,568.09_
<br /> THIS DEED OF TRUST is dated October 17, 2012: among DONALD P CARTEF�, whose address
<br /> is 210 W 12TF1 ST, lNOOD RIVER, NE 68853 and G'WEIVDOLYlV J CARTER, whose address is
<br /> 290 W 12TH ST, WOOD RIVER, NE 68883; FiUSBAPJD AIOID WiFE (""frus#or"); EquitabVe Barak,
<br /> wtaose acldress is 9Vorkh Locust Branch, 'f'i 3-7'f 5 N Locust St, PO Box 160, Grand Island, NE
<br /> 68802-0160 (referred to below sometimes as "Lender" and sometimes as "Beneficoary"); and
<br /> Equitable Bank (Grand Isfand Region), onehose address is 1'13-775 N Locust St; PO Box 160,
<br /> Grand Island, NE 68802-0760 (referred to below as "Trustee")_
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br /> for the benefit of Lender as Benefiiciary. all ofi Trustor's right, title, and interest in and to ihe following described real
<br /> property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br /> easements, rigfits ofi way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br /> ditch or irrigatinn rignts); 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 "F�eal PCoperty") located Ill HALL
<br /> County, State of Nebraska:
<br /> THE EAS�' ONE-I-IALF (E'1/2) OF LOT EIGFiT (8) AND ALL OF LOT NINE (9) IN BLOCK SIX
<br /> (6), ORIGINAL TOWN OF WOOD RlVER, liALL COUNTV, NEBFiASKA
<br /> The Real Property or its address is commonly known as 210 W 12TH ST, WOOD RIVER, NE
<br /> 68883. The Real PPoperty tax identification number is 400775592_
<br /> � Trustor presently assigns to Lender (also known as Beneficiary in this Deed of TrusY) all of TrustoPs 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 iMerest in the Personal Property and Rents.
<br /> THIS DEED OF TRUST, WCLUDWG THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE REIVTS AND
<br /> PERSONAL PROPERTY, IS GNEN TO SECl1FiE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br /> AiVY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRIJST. THIS
<br /> DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWWG TERMS:
<br /> PAYMENT AND PERFORMANCE_ Except as otherwise provided in this Deed of t rust, Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shall strictly and in a iimely manner perform ali of
<br /> Trusior's obligations under the Note,this Deed of Trust, and the Related Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY.. Trustor agrees that Trustor's possession and use of tne
<br /> Property snall be governed by the following provisions:
<br /> Possession and Use. Until the occurrence ofi an Event ofi Default, Trustor may (1) remain in possessi.on and
<br /> control of the Property; (2) use,operate or manage the PropePty; and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Trustor shall maintain the Property in good condiiion and promptly perfiorm all repairs,
<br /> replacements, and maintenance necessary to preserve its value. �
<br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender that- (1) During the period of
<br /> Trustor's ownership of the Property,ihere has been no use., generation, manufacture, storage, treatment, disposal,
<br /> -release or threatened reiease of any Hazardous Substance by any person on, under, about or from the Property-
<br /> (2j Trustor has no knowtedge of, or reason to believe that there has been, except as previously disdosed to and
<br /> aeicnowledged� by Lencier in writing, (a) any 6reach or vioiation of any Environmental Laws, (b) any use,
<br /> gene:ation, manufacture, storage, treatment, disposa[, refease or threatened release of any Hazatdous Substance
<br /> on, u�der, about or from the Property by any prior owners ar occupants of the Property, or (c) any actual or
<br /> threatened fitigation or claims ofi 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, contractor,.agent or other
<br /> authorized user of tne Property Shall use, generate, manufacture, store, treat, dispose ofi or release any Hazardous
<br /> Swbstance on, under, about or trom the Property; and (b) any such activity shall be conducted in compliance with
<br /> all applicable federal, state, and local laws, regulations and ordinances, induding without IimiYation all
<br /> Environmental Laws. Trustor authorizes Lender and its agents to enter upon tne Property 2o make such
<br /> inspections and tests, at Trustor'�s expense, as Lender may deem appropriate to determine compliance of the
<br /> Property witn tnis section of tf�e Deed of Trust. Any inspecaions or tests made by Lender shall. be fot Lender's
<br /> purposes only and s�hall not be construed to create any responsibility or liabiiity on the part of Lender io Trustor or
<br /> to any other person. The representations and warranties contained herein are based on Trustor's due diligence in
<br /> investigating the Property for liazarcJous Substances. Trustor hereby (11 releases and� waives any future cla�ms
<br />
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