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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank .
<br /> Diers Avenue Branch �
<br /> PO Box'160
<br /> Grand Is9and.NE 68802-0160 ' POR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAKIMUM LIEN. The liert of this Deed of Trust shall not exceed at any one time$27,209.31.
<br /> THIS DEED OF TRUS7'is dated October 30, 2012, among EILEEN B TESMER,whose address as
<br /> 3011 BRENTWOOD PL, GRAND BSLAND, NE 68801;A S9NGLE PEFtSON ("Trustor"); Equi#able
<br /> Bank, whose address is Diers Avenue Branch, PO Box 160, 'Grand Island, NE 68802-0160
<br /> (referred to befow sometimes as "Lender" and sometimes as "Beneficiary"}; and Equit�ble Bank
<br /> (Grand Island Region), whose address is 113-115 N Locust St; PO Box 160, Grand Island, NE
<br /> 68802-0160 ireferred to below as "Trustee"D.
<br /> CONVEYANCE AND GRANT. For valuable consideraYion,Trustor conveys to Trustee in trust,WITH POWER OF SALE,
<br /> for the benefit af Lender as BeneficiAry,all of Trustor's right, title, and interest in and to the following described real
<br /> property, together with ali axisting or subsequently erecied or affixed buildings, improvements and fixiures; all
<br /> easements, rights oi way,and appurtenances; all water, water rights and ditch rights (including stock in utilities wiTh
<br /> ditch or irrigation righ'ts);. and all other righ[s, royalties, and profits relating��to the real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (th0 "Real Property") IOcated in HALL
<br /> County,State of Nebraska: �
<br /> LOT 'f 6, SLOCK 4, BRENTWOOD SU�DIVISION, GRAND ISLAND, iiALL COUNTY,
<br /> NEBRASKA
<br /> The Real Property or its address 9s commonly known as 3012 BRENTWOOD CT, GF�AND
<br /> ISLAND,NE 68803. The Real Property tax identification number is 4000 25 1 24
<br /> Trustor presently assigns to Lender lalso known as Beneficiary in this Deed of Trustl all of Trustor's righS,tftle, and
<br /> interest in and io all present and future leases of the Property and all Rents from Yhe Property. In addition, Trustor
<br /> grants m 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 PROPERN,IS GIVEN TO SECURE IA1 PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE 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 ON THE FOLLOWING 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 /> ihis Deed oi Trust and to hyparhecate the ProperTy; (c)the orovisions 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 vioiatior of any
<br /> law, regulation, court decree or order applicable to T�ustor; (d)Trustor has established adequate means of obtaining
<br /> from Borrower on a continuing basis information abouY Borrower's financial conditior; and (e) Lender has made no
<br /> representation 2o Trustor about Borrower(including without limitation the creditworthiness oi Borrowerl.
<br /> TRUSTOR'S WANERS. Trustor waives all rights or defenses arising by reason of any"one action"or"anti-deficiency"
<br /> law, or any other law which may preveM Lender from bringing any action� against Trustor, induding a claim for
<br /> deficiency to the extent Lender is otherwise eMitled to a claim for deficiency,before or after Lender's commencement
<br /> or completion of any foredosure action,either judicially or by exercise of a power of sale.
<br /> PAYMENT AND PERFORMANCE Except as otherwise provided in this Deed of Trust,Borrower shall pay to Lender all
<br /> Inde6tedness secured by this Deed of Trust as it becomes due, and Borrower and Frustor shall perform all their �
<br /> respective obligations under the Note,this Deed of Trust,and the Related Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that 8orrower's and Trustor's
<br /> possession and use of the?roperfy shall be govemed by the following provisions:
<br /> Possession and Use. Until the occurrence of an Event of Default,Trusto� may {�) remain in passes.sion and
<br /> con'[rol of the��Property; (Z) use,operate or manage the Property;and l31'collect th2 Rents from the Property.
<br /> Duty to Maintain. Trustor shalf maintain ihe Property in good condition and promptly perrorm all repairs,
<br /> replacements,and mairrtenance necessary to preserve its value. �
<br /> Compliance��th Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br /> Trustor's ownership of the Property,there has been no use,generation,manufacture,storage,treaiment,disposal,
<br /> release or threacened release of any Hazardous Substance by any person on, under,about or from the Property;
<br /> (2} Trusmr has no knowledge of,or reason to beGeve that tfiere has been,except as previously disdosed.to and
<br /> acknowledged by Lender in writing, (a) any breach or violation of amy Environmental Laws, (b) any use,
<br /> generation, manufacwre,storage,treatment,disposal, release or threatened release of any Hazardous Substance
<br /> on, under, about or from the Properiy 6y any prioe owners or occupants of the Properry, or (c} any actual or
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