|
201210945
<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box '160
<br /> Grand Isiand, NE 68802-0160 FOR RECORDER'S USE OIVLV
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is dated December '19, 2012, among ROBERT E BRUMMUND, whose
<br /> address is 103 W 8TH RD, DONIPHAN, NE 68832 and AUDREY M BRUMMUND, whose
<br /> address is 703 W 8TH RD, DONIPHAN, NE 68832; Husband and Wife ("Trustor"); Equitable
<br /> Bank, whose address is Diers Avenue Branch, PO Box 160, Grand Island, NE 68802-0760
<br /> (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank
<br /> (Grand Island Region), whose address is 113-175 N Locust St; PO Box 160, Grand Island, NE
<br /> 68802-0160 (referred to below as "Trustee")_
<br /> CONVEYANCE AND GRANT. Fot valuable consideration.Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br /> fior the benefit of Lender as Beneficiary, all ofi Trustor's right, title, and interest in and to the following described real
<br /> property, together with all existing or subsequently erected or affixed buildings, improvements and fixYures; all
<br /> easements, rights ofi way, and appurtenances; all water, water righis 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, induding without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in Hall CoUnty�
<br /> State of IVebraska:
<br /> Parcel 1: The East Half of the Northeast Quarter (E7/2NE7/4) and the Southwest Quarter of
<br /> the Northeast Quarter (SW1/4NE7/4) of Section Thirty Six (36), Township Ten (10) North,
<br /> Range Nine (9) West af the 6th P_M_, Hall County, Nebraska
<br /> Parcel 2c The East Half of the Southeast Quarter (E1/2SE7/4) of Section Twenty Five (25),
<br /> Township Ten (70) North, Range Nine (9) West of the 6th P_M., Hall County, Nebraska
<br /> Parcel 3: The North Half of the Northwest Quarter (N'I/2NW'1/4) of Section Thirty One
<br /> (31), Township Ten ('I O) North, Range Eight (8) West of the 6th P_M., Hamilton County,
<br /> Nebraska
<br /> The Real Property or its address is commonly known as Rural Route, Doniphan, NE 68832.
<br /> The Real Property tax identification number is 400239221, 400239256,400238365,
<br /> 410021032.
<br /> CRO55-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br /> plus interest thereon, of Trustor to Le�der, or any one or more of them, as well as all daims 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 of
<br /> the Note, whether voluntary or otherwise, whether due or nof due, direct or indirect, determined or undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointty with others,
<br /> whether obligated as guarantor, surety, accommodation party or otherwise, and whether recove.ry upon such amounts
<br /> may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br /> may be or hereafter may become othetwise unenforceable.
<br /> FUTURE ADVANCES. In addition to the Note,this Deed of Trust secures all future advances made by Lender to Trustor
<br /> whether or not the advances are made pursuant to a commitment. Specifically, without limita'tion, this Deed of Trust
<br /> secures, in addition to the amounis specified in the Note, all future amounts Lender in its discretion may loan to
<br /> Trustor,together with all interesi thereon.
<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 all present and future Ieases of the Property and all Rents from tne 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 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 GNEN AND ACCEPTED ON THE FOLLOWIIVG TERMS:
<br /> PAYMENT AN�D PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform aII ofi
<br /> Trustor's obligations under the Note,this Deed of Trust, and tne 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 following provisions:
<br /> PosSession and Use_ Until the occurrence of an Event of Default, Trustor may (1) 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 />
|