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<br /> WHEN RECORDED MAIL TO_
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 760
<br /> Grend Island, NE 68802-09�60 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 540,000.00.
<br /> THIS DEED OF TRUST is dated November 5, 2012, among CARRIE LEE MONROY, whose
<br /> address is 4026 EDNA DR, GRAND ISLAND, NE 68803; A SINGLE INDIVIDUAL ("Trustor");
<br /> Equitable Bank, whose address is Diers Avenue Branch, PO Box 760, Grand Island, NE
<br /> 68802-0160 (referred to below sometimes as "Lender" and sometimes as "Beneficiary'); and
<br /> Equitable Bank (Grand Island Region), whose address is 173-195 N Locust St; PO Box '160,
<br /> Grand Island, NE 68802-0160 (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 Beneficiary, all of Trustor's right, title, and i.nterest in and to the following described real
<br /> property, together with aII existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br /> easements, rights of way, and appurtenances; aII water, water rights and ditch rights (including stock in uYilities with
<br /> ditch or irrigation rights); and alI other rights, royalties, and profiits relating to the real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the "Real PI'operty") locxted in HALL
<br /> County, State of Nebraska:
<br /> LOT 3, BLOCK 2, GOSDA SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA
<br /> The Real Property or its address is commonly known as 4026 EDNA DR, GRAND ISLAND, NE
<br /> 68803. The Real Property tax identification number is 400155990.
<br /> REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, wiYhout limitation, a revolving
<br /> line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the
<br /> Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that
<br /> the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or
<br /> variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts
<br /> expended or advanced as provFded in either the Indebtedness paragraph or this paragraph, shall not exceed the Credit
<br /> Limit as provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the
<br /> balance outstanding under the Credit Agreement from time to time firom zero up fo the Credit Limit as provided in the
<br /> Credit Agreement and any intermediate 6alance.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br /> interest in and to aIl ptesent and future leases ofi tne Property and all Rents firom tne Property. In addition, Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in tne Personal Property and Rents.
<br /> THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY WTEREST W THE RENTS AND
<br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br /> EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATED
<br /> DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING
<br /> TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otnerwise provided in tnis Deed of Trust, Trustor snall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shall sttictly and in a timely manner perform all of
<br /> Trustor's obligations under tne Credit Agreement,this Deed of Trust, and the Related Documents.
<br /> POSSESSION AIVD MAINTENANCE OF THE PROPERI"Y. 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 of Default, Trustor may (7) remain in possession and
<br /> control ofi the Property; (2) use,operate or manage the Property; and (3) collect the Rents from the Property.
<br /> Duty to�Maintain. Trustor snall maintain the Property in good condition and promptly perform a:ll 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, there has been no use, generation, manufacture, storage, treatment, disposal,
<br /> release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<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 of any Environmental Laws, (b) any use,
<br /> generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br /> on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual. or
<br /> threatened litigation or claims of any kind by any person relating to sucn matters; and (3) Exeept as previously
<br /> disdosed to and acknowledged 6y Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other
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