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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 160
<br /> Grand Island NE 68802-0760 _ FOR RECORDER`S USE ONLY
<br /> DEED OF TRaJST
<br /> THIS DEED OF TRUST is dated October 31, 207 2, among DARREN C ADAMS, whose address
<br /> is '16323 W ABBOTT RD, CAIRO, NE 68524 and CHARITY L ADAMS, whose address is
<br /> 76323 W ABBOTT RD, CAIRO, NE 68824; Husband and �fe ("Trustor"), Equitable Bank,
<br /> whose address is Diers Avenue Branch, PO Box 16m, Grand Island, NE 68802-0760 (referred
<br /> to below sometimes as "Lender" and sometimes as "Beneficeary"); and Equetable Bank (Grand
<br /> Island Region), whose address is 113-715 N Locust St; PO Box 160, Grand Island, iVE
<br /> 68802-0160 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustoe conveys to Trustee in trust, WITH POWER OF SALE,
<br /> for Yhe benefit of Lender as Benefiiciary, 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 afifixed buildings, improvements and fixtures; aIl
<br /> easements,. rights of way, and appurtenances; all water, water rights and ditch rights (induding stock in utilities with
<br /> ditch or irrigation rights); and all other rights, royaRies, and prmfiits relating to the real property, including without
<br /> limitation all mi.nerals, oil, gas, geofhermal and similar matters, (t07e "Real Prop6PYY�) IOCat6d ill H111 County,
<br /> State of Nebraska:
<br /> The Northeast Quarter (NE1/4) and �he East One Half of the Southeast Quarter (E1/2SE1/4)
<br /> of Section Nine (9), Township Eleven (71) Northo Range Twelve (72) West of the 6th P.M.�
<br /> Hall County, Nebraska
<br /> The Real Property or its address is commonly known as 2176 N McGuire Rd, Wood River, NE
<br /> 68883. The Real Property tax identificatiora number os 400795364_
<br /> CROSS-COLLATERALIZATION_ In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br /> plus inierest tnereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br /> or any one or more of them, whether now existing or hereafter arising, wnether related or unrelated to the purpose of
<br /> the Note, whether voluntary or otherwise, whether due or not due, direct or indirec2, determined or undeterm.ined,
<br /> absolute or contingent, liquidated or unliquidated,. whethe� Trustor may be 1ia61e individually or jointly with others,
<br /> whether obligated as guaranYor, surety, accommodation party or otherwise, and whether recovery upon sucn amounts
<br /> may be or hereafter may become barred by any statute ofi limitations, and whether ihe obligation to repay such amounts
<br /> may be or hereafter may become otherwise unenforceable.
<br /> FUTURE ADVAIVCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br /> whether or not Yhe advances are made pursuant to a commitment. Specifical�ly, without limitation, this Deed of Trust
<br /> secures, in addition to ttie amounts specified in the Note, aIl future amounts Lender in its discretion may loan to
<br /> Trustor,together with all interest thereon.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of TrusU all 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 to Lender a Uniform Commercial Code security interest in the Personal Properiy 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) PERFORMAN.CE 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 QN THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. F�ccept as otherwise provided in this Deed of Trust, Trusmr shall pay to Lender all
<br /> amounts secured by tliis Deed of Trust as they become due, and shall strictly and in a timely manner perform aIl of
<br /> Trustor's obliga#ions unde�the Note,this Deed of Trust, and the Related Docurnents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shall be governed by the following provisions_
<br /> Possession and Use. Until the occurrence of an Event ofi DefiauR, Trustor may (1) remain in possession and
<br /> control of the Property; (2) use, operate or manage the Proq�erty; and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform aIl repairs,
<br /> replacements,and maintenance necessary to preserve its value.
<br /> Compliance With Environmental Laws. Trustor represents and warranis to Lender tnat (1) During the period ofi
<br /> Trustor's ownership of the Property,there has been no use, generation, manufacture,storage,treatmeM, disposal,
<br /> release or threatened release of any Hazardous Substance by any person on, under, about or from the Propertyt
<br /> (2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
<br /> acknowledged by Lender in writing, (a) any breach or violation ofi any Environmenial Laws, (b) any use,
<br /> generation, manufiacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br />
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