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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers A�en�e Branch
<br /> PO Bvx 9 60
<br /> Grand Island IVE 68802-0160 FOR RECORDER'S USE DNLY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. THe lien of this �eed of Trust shall not exceed at any one time $25,OU0.�0.
<br /> TH[S DEED OF TRUST is dated January 24, 2014, among JASON J FIED��R, whose address is
<br /> 4215 LARIAT PL, GRAN� ISLAND, NE 68803 and SARA J FIEDLER, whose adc�ress is 42'�5
<br /> �ARIAT PL, �RAND 3SLAN�, NE G8$fl3; HUSBAND AND WIFE {"TrUstor"}; Equitable Bank,
<br /> whose address is Diers Aven�e Branch, PO Box 'I6U, Grand ]sland, NE 6880 -0160 (referred
<br /> to below sometimes as "Lender" and someti3mes as "Benefiiciary"]; and �qu�table Bank (Grand
<br /> lsland Region), whose address is 113-115 N Locust St; PO Box 9 60, Grand �sland, NE
<br /> 68802-0160 (referred to below as "Trustee"].
<br /> CONVEYAI�CE AI�D GRANT. For valuable eonsideration, Trustor conveys ta Tr�stee in trust, WI"fH POWER OF SALE,
<br /> for the benefit of Lender as Bene�ciary, all of Trustar's rigf�t, title, and interest in and to the fo[lowing described real
<br /> property, together with all existing or su6sequent[y erected or affixed buildings, improvements and fixtures; alE
<br /> easements, rights of way, and appurtenances; a[I water, water rigf�ts and ditch rights {including stoc[c in utilities with
<br /> ditch or irrigation rights}; and a[I other rights, royalties, and pro'fits refating to the real property, including without
<br /> IimiTatian all ri�inerals, oil, gas, geothermal and simi[ar matters, (the "Real Property") located in HA�L
<br /> County, State of Nebraska:
<br /> � LOT FORTY-TWO {42), WESTERN HEIGHTS TMIRD SUBDIVISIQN IIV THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA
<br /> The Fieal Property or its address is cornmonly known as 4295 LARIAT PL, GRAND 1SLAND, NE
<br /> 68803. The Real Praperty tax identification number is 400'[6G143.
<br /> REVDLVING LIHE OF CRE�IT. This Deed of Tras#secures the Indebte8ness incl�ding, without limitatian, a re�olving
<br /> line of credit, which obligates Lender to make atfvances to Tr�stor so]ong as Trustor complies with af!the terms af the
<br /> Credit Agreement. Such ad�ances may be made, repaid, and remade from time ta time, subjeot to the limitatian that
<br /> the total outstanding balance owing at any one time, not inctuding finance charges on such balance at a fixed or
<br /> variab[e rate or sum as pro�ided in the Cred'R Agreement, any temporary o�erages, other charges, and any amounts
<br /> expended or advanced as pro�ided in either the Inrleh#edness paragraph ar#his paragraph, shall not exceed Yhe Credit
<br /> Limit as provided in the Credit Agreement. It is the interrtion of Trastor and Lender that this Deed ofi Trust secares the
<br /> balance outstanding under#he Credit Agreement from time to time from zero up to the Credit Limit as provided in the
<br /> Credi#Agreement and any intermediate balar�ce.
<br /> Trustor presently assigns to Lender [also known as Beneficiary in this Deed of Trust} alE of Trustor's right, title, and
<br /> interest in and to al3 present and future leases o� the Property and all Rents from the Pro�erry. In addition, Trustor
<br /> grants Yo Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br /> TH[5 DEED OF TFiUST, 11VCLUDiNG TF[E AS5IGNMENT QF REI1[TS AND 7HE SECURITY [BlTEREST 1N THE RENTS Al1[D
<br /> PERSONAL PROPERTY, 15 GNE1N TO SECURE (A) PAYMENT OF THE IIVD�BTEDINESS AND {B] PERFORMANCE QF
<br /> EACH 4F TRUSTOR'S AGREEMENTS AI11L] QBLIGATIONS Ulllb�R THE CREDIT AGREEMEN-f, THE RELATED
<br /> DOCUMENTS, AIV17 THIS DEED OF TRUST. TH1S DEED OF TRUST 15 GNEIV AND ACCEP7ED ON TF{E FOLLOWIIVG
<br /> TERMS:
<br /> PAYMEfVT AiVD PEFtFORMANCE. Except as otherwise provided in this Deed of Trust, 7rustor shalE pay to Lender afl
<br /> amounts secured by this Deed of Trust as they become due, and shal] strictly and in a timely manner perForm all of
<br /> Trustor's obligaEions under the Credit Agreement,this Deed of Trust, and the Re[ated Documents.
<br /> POSSESSION AHD MAINTENANCE OF THE PROPER7Y. TrusYor agrees that Trustor`s possession and use of the
<br /> Property shall be governed 6y the following provisions:
<br /> Possession and Use. Unti] the occurrence of an Event of De€ault, Trustor may (1) remain in possession and
<br /> control of the Property; [2] use, operate ar manage 8he Property; and {3} coElect the Rents from the Property_
<br /> duty #o lVlaintain. TrusYor shall maintain the Property in good conditian artd promptly perform a11 repairs,
<br /> replacements, and maintenance r�ecessary to preserve its value_
<br /> CompEiance With Enviranmental Laws. Trustor represents and warrants to �ender tnat: [1} During the periad of
<br /> Trustor`s ownership of the Property,t[�ere has been no use, generation, manufac#ure, storage,treatment, disposa[,
<br /> release or threatened release of any Hazardoeas Substance by any person on, uncier, about or from the Property;
<br /> {2] �rustor has no knowledge of, or reason to believe that there has beert, except as previo�sly c[isclosed to and
<br /> acknowledged by Le�der in writing, (a) any breach or �iolation of any Environmental Laws, [bl any use,
<br /> generation, manufacture, s€orage, treatrnent, disposal, re[ease or threatened release of any Hazarclous Substance
<br /> pn, under, about or from the Property by any prior owners or occupanEs of the Property, ar (c} any ac#ual or
<br /> threatened litigation or clairns of any kind by any person relating to s�ch matters; and (31 Except as previously
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