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<br /> WHEN RECOFiDED MAIL TO:
<br /> Equita6le Bank
<br /> Nortk Locust Branch
<br /> 113-115 N Locust St
<br /> PO Box 160
<br /> Grand Island.NE 68802-0160 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXIMtJM LIEN. The lien of this Deed of Trust shall not exceed at any one time S't50,000.00.
<br /> TFi1S DEED OF TRUST is dated December 18, 2012, among DANNY L KIJNZE, whose adcEress
<br /> is 4318 E BISMARK RD, GRAND ISLAND, NE 68801 and SlDSAN M KUNZE, whose address is
<br /> 4315 E BISMARK RD, GRAND ISLAND, NE 68803; HUSBAND AND WiFE ("Trustor");
<br /> Equitable Bank, whose address is North Locust Branch, 'I'13-1 15 N Locust St, PO Box 160,
<br /> Grand Island, NE 68802-0'160 (referred to betow sometimes as "Lender" and sometBmes as
<br /> "Beneficiary"); and Equitable Bank (Grand Island Region), whose address is 113-115 N Locust
<br /> St; PO Box 160, Grand Island, NE 68802-0760 (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 interest in and to the following described real
<br /> property, together with all existing or subsequently erected or affixed 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 rea[ property, incfuding without
<br /> limitation ali minerals, oil, gas, geothermal and similar matters, (the "Real Property"} Iocated in HALL
<br /> County, State of Nebraska_
<br /> LOT TWO (2) IN DSK SECOND SUBDIVISION AND LOTS THREE (3} AND FOUR (4) IN DSK
<br /> SUBDNISION, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as LOT 2, GRAND ISLAND, NE 68807_
<br /> CROSS-COLLATEFiALIZATION. �n addition to the Note, th�is Deed ofi Trust secures all obligaiions, debts and liabilities,
<br /> plus interest thereon, of Trustor to Lender, or any one o.r more of them, as well as all claims by Lender against TrusYor
<br /> or any one or more of them, whether now existing or hereafter arising, whetner related or unrelated to the purpose of
<br /> the I�3ote, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br /> absoiute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br /> whe'ther obligatec! as guarantor, surety, accommoda'[ion party or otherwise, and wnether recovery upon such amounts
<br /> may 6e 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 otherwise unenforceable. �
<br /> Trustor presently assigns to Lender (also known as Benefieiary in this Deed of TrusU all of Trustor's right, tiile, 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 Unifiorm Commercial Code security interest in tne Personal Property and Rents.
<br /> Ti-IIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE REI�lTS 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. Tli1S
<br /> DEED OF TF[US3, 1NCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY, IS ALSO GIVEN TQ SECURE ANY AND ALL O�F TRUSTOR'S OBLIGATIONS iJNDER THAT
<br /> CERTAIN CONSTRUCTION LOAN AGREEMENT BETWEEN TRUSTOR AND LENDER OF EVEN DATE FiEREiNITIi.: AM(
<br /> EVENT OF DEFAULT UNDER THE CONSTRUCTION LOAN AGR.EEMENT, OR ANY OF THE RELATED DOCUMENTS
<br /> REFERRED TO THEREIN. SHALL ALSO BE AN EVENT OF DEFAULT UNDER THIS DEED OF TRUST. THIS DEED OF
<br /> TRUST IS GIVEN AND AGCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided i.n 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 all of
<br /> Ttustor's obligations under the Note,this 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 following provisions:
<br /> PosSession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br /> control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs,
<br /> replacements, and maintenance necessary to preserve its vafue.
<br /> Compliance With Environmantal Laws. Trustor represents and warrants to Lender that: ("I) During the period of
<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 Property;
<br /> (2) Trustot has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
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