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<br /> V10HEN REC�RDED 1VIAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 160
<br /> Grand island, NE 68802-0960 FOR RECORDER'S iJSE OIVLY
<br /> DEED OF TFiUST
<br /> TFi6S DEED OF TRUST is datec! October �J, 2012, aenong KEVI�1 R MILLER, whose address is
<br /> 405 LOCUST ST, SAifVT LIBOFtY, NE 68872, A Single Individual {"Trustor"); Equital�le Bank,
<br /> whose address Ps Diers Avenue Branch, PO Box 160, Grand lsland, NE 68802-0160 (referred
<br /> to below sometimes as "Lender" and sometimes as "Beneficiary°'); and Equi#able Bank (Grand
<br /> Island Region), whose address is '193-1'15 N Locust St; PO Box 160, Grand Island, 111E
<br /> 68802-0'160 (referred to below as "Trustee").
<br /> CONVEYANCE AND C'iRANT. For valuable consideration, 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 subsequenily erected or afifixed 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 rights); and all other rights, royalties, and profits relating to the real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (1Che "Re3Q Proper#y") lOc2ted in Hall County,
<br /> State of Nebraska:
<br /> Parcel 1= The Southerly Forty Four (44) Feet of Lot Twelve (7 2), Block Seven (7), Koehler
<br /> Place, in the Cigy of Grand Island, Fiall County, Net�raska
<br /> Parcel 2: Tne East Thirty (30) Feet of Lot Seven (7} ancl the West Nineteen ('!9D Feet of Lot
<br /> Eight (8), ers Buenavesta Subdivision, ire the Ci#y of Grand �sland, Hall Coun#y, Ne@�raska
<br /> The Rea1 Property or its acidress is commonly known as 377-319 S Oak St & 332 Dodge St,
<br /> Grand Island, NE 68801. The Real Property tax identification number is 400055457 8c
<br /> 400026740.
<br /> CROSS-COLLATERALIZATION_ In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br /> plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all cla.ims by Lender against Trustor
<br /> or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose ofi
<br /> the Note, whether voluntary or otherwise, whether due or n�ot due, direct or indirect, determined or undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br /> whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br /> may be or hereatter rnay become barred by any staiuie of limitations, and whether the obligation ta repay such amounts
<br /> may be or hereafter may 6ecome otherwise uneniforceable.
<br /> FUTIDRE ADVANCES. fi�n addition to the Note,this Deed of Trust secures ail future advances made by Lender to Trustor
<br /> whether or not tne advances are made pursuant to a commitment. Specifically; without limitation., this Deed of Trust
<br /> secures, in addition to the amo�unts specified in the Note, all fiuture amounts Lender in its discretion may loan io
<br /> Trustor,together with all interest thereon.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed ofi TrusU all of T�ustor's right, title, and
<br /> interest in and to all present and fiuture leases of the Property and 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 INDEBTEDNE$S AND (B) PERFORMANCE OF
<br /> ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELAYED DOCUMENTS, AND TH9S DEED OF "9-RUST. TFiIS
<br /> DEED OF TRUST LS GIVEN AND ACCEPTED ON THE FOLLOWIIVG TERMS:
<br /> PAYMENT AIUD PERFORMANCE_ Except as otherwise provided in this Deed of Trust, Trustor snal! pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shali strictly and in a timeiy manner perform a!I of
<br /> Trustor's obligations under tne Note,th�is Deed of Trust, and the Related Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the �
<br /> Property shall be governed by the fiollowing provisions:
<br /> Possession and Use_ Until the occurrence ofi an Event of Default, Trustor m�ay (1) remain in possession and
<br /> control of the Property; (2) use, operate or manage the Property; and (3) colleci the Rents from the Property.
<br /> Duty to Maintain. Trustor shall mainta�in the Property in tenantable condition and promptly periorrn all repairs,
<br /> replacements, and maintenance necessary to preserve its value.
<br /> Compleance With Environmental Laws. Trustor represents and warrants to Le�der that: (1) During the period ofi
<br /> Trustor`s ownership of the Property, there has been no use, generation., manufacture,sYorage, Yreatment, disposal,
<br /> reiease or threatened release of any Hazardous Substance by any person on, under, about or from the Property-
<br /> {2) Tra�stor has no knowledge of, or reason to befieve that there has been, except as previously disclosed to and
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