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201300194
<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 160
<br /> Grand Island.NE 68802-0160 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST is dated December 5, 2012, among TOMMY L UMMEL, SR., A single
<br /> individual, whose address is 515 S SHADY BEND RD, GRAND ISLAND, NE 68801;TOMMY L
<br /> UMMEL, JR., whose address is 1475 S GUNBARREL RD, GRAND ISLAND, NE 68801 and
<br /> CARY K UMMEL, Husband & Wife, whose address is 1475 S GUNBARREL RD, GRAND
<br /> ISLAND, NE 68801 ("Trustor"); Equitable Bank, whose address is Diers Avenue Branch, PO
<br /> Box 160, Grand Island, NE 68802-0160 (referred to below sometimes as "Lender" and
<br /> sometimes as "Beneficiary"); and Equitable Bank (Grand Island Region), whose address is
<br /> 113-115 N Locust St; PO Box 160, Grand Island, NE 68802-0160 (referred to below as
<br /> "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 real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br /> County,State of Nebraska:
<br /> Lot Five (5), on Island, also known as the Northwest Quarter of the Southwest Quarter
<br /> (NW1/4SW1/4), in Section Thirteen (13),Township Eleven (11)North, Range Nine(9)West
<br /> of the 6th P.M., Hall County, Nebraska EXCEPT a tract conveyed to Rudolph N. Kuester
<br /> more particularly described in Deed recorded in Book 95, Page 65; EXCEPT a tract
<br /> conveyed to Richard E Medinger and Doris G. Medinger more particularly described in
<br /> Survivorship Warranty Deed recorded in Book 165, Page 438; EXCEPT a tract conveyed to
<br /> Tommy L. Ummel, Sr. and Joyce L. Ummel more particularly described in Joint Tenancy
<br /> Quitclaim Deed recorded as Document No. 93-101691 and EXCEPT Lot One (1), Ummel
<br /> Subdivision,Hall County,Nebraska
<br /> The Real Property or its address is commonly known as 567 S SHADY BEND RD, GRAND
<br /> ISLAND,NE 68801. The Real Property tax identification number is 400206536.
<br /> CROSS-COLLATERALIZATION. In addition to the Note,this Deed of Trust secures all obligations,debts and liabilities,
<br /> plus interest thereon,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,whether related or unrelated to the purpose of
<br /> the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br /> whether obligated as guarantor,surety,accommodation party or otherwise,and whether recovery 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 otherwise 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 limitation,this Deed of Trust
<br /> secures, in addition to the amounts specified in the Note, all 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 Trust) 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 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 GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND 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 all of
<br /> Trustor'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:
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