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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diors 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 March 11, 2013,among SCOTT C LANE, whose address is 805
<br /> E SUNSET AVE,GRAND ISLAND, NE 688018165 and CINDRA K LANE, whose address is 805
<br /> E SUNSET AVE, GRAND ISLAND,NE 688018165;HUSBAND AND WIFE("Trustor");Equitable
<br /> Bank, whose address is biers Avenue Branch, PO Box 160, Grand Island, NE 68802-0160
<br /> (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank
<br /> (Grand Island Region), whose address is 113-115 N Locust St; PO Box 160, Grand Island, NE
<br /> 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,tide, 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 lincluding stock in utilities with
<br /> ditch or irrigation rights); and all ether 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 /> PARCEL A:
<br /> LOT TWENTY(20) IN BLOCK THREE (3) IN SOUTHERN ACRES ADDITION TO THE CITY OF
<br /> GRAND ISLAND, HALL COUNTY,NEBRASKA.
<br /> PARCEL B:
<br /> LOT ONE HUNDRED SIXTY-THREE(163) IN BUENAVISTA SUBDIVISION,AN ADDITION TO
<br /> THE CITY OF GRAND ISLAND,HALL COUNTY, NEBRAKA.
<br /> The Real Property or its address is commonly known as 2520-2522 CHANTICLEER ST & 311
<br /> NEBRASKA AVE, GRAND ISLAND, NE 68801. The Real Property tax identification number is
<br /> 400093456,400028433.
<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 finitely 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 /> Properly shall be governed by the following provisions:
<br /> Possession and Use. Until the occurrence of an Event of Default, Trustor may 11} remain in possession and
<br /> control of the Property; 121 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 value.
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