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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> lVorth Locust Branch
<br /> 113-115 N Locust St
<br /> PO Box'[60
<br /> Grand Island,NE 68802-0160 FOR RECORDER'S USE ONLY
<br /> QEED OF TRUS�'
<br /> MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time S 15,000.00.
<br /> THlS DEED OF TRUST is dated April 18, 2Q14, among Albert Ziola, whose ac➢dress is 4036
<br /> Roth Rd, Grand Island, IVE 68803 and Bernice Ziola, whose address is 4036 Roth Rd, Grand
<br /> Island, NE 68803; HUSBAND AND WIFE ("Trustor"); Equitable Bank, whose address is North
<br /> Locust Branch, 113-115 N Locust St> PO Box 160, Grand lsfand, NE 68802-0160 (referred to
<br /> below sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank (Grand
<br /> Island Region), whose address is 113-115 N Locust St; PO Box 160, Grand Island, IVE
<br /> 68802-0160 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT, For valuable consideration, Trustor conveys to Trustee in teust, WI�H 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 buiJdings, improvements and fixtures; atl
<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 /> fimitation all minerals, oil, gas, geothermal and similar matters, (the "Real PI'opeCty°°) IOCa#ed 111 HA�L
<br /> County, Sta$e of Nebraska:
<br /> Lot Twenty (20) Potash Subdivision, Hall County, Nebraska.
<br /> The Real Property or its address is commonly known as 4036 Roth Rci, Grand Island, NE
<br /> 68803. The Real Property tax identification number is 400159430.
<br /> REVOLVWG LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without lirnitation, a revolving
<br /> line of credit,which obligates Lender to make advances to Trustor so long as Trustor complies with aIl the terms of the
<br /> Credit Agreement. Such advances may be made, repaid, and remade from time to time,subject to the limitation that
<br /> the total outstanding balance owing at any one fiime, not including finance charges on such balance at a fuced or
<br /> variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, ar�d any amounts
<br /> expencled or aclvanced as provided ira either the Indebfedness g�aragrapFe or this paragraph, shall not exceed the Credit
<br /> Lirr�it as provided 'en the Creeiit Agreement. It is the intentson of Trustor and Lereeler tF►at this Dee�of�rust secures the
<br /> balance outstanding under the Credit Agreement from tirrae#o time from zero up to the Cred'at Limit as provided on the
<br /> Credit Agreemeret and any in#ermediate balance.
<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, Trus�or
<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�F
<br /> EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELAT�D
<br /> DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF 7"RUST IS GNEN AND ACCEPTED ON THE FOLLOWING
<br /> TERMS:
<br /> PAYiVIENT AND PERFOR9VIANCE. Except as otherwise provided an ihis Deed o€ Trust, Trustor shall pay io Lender all
<br /> amounts secured by this Deed oi Trust as they become due; and shall strictly and in a timeiy manner perform all of
<br /> Trustor's obligations under the Credit Agreement,this Deed of Trust,and the Reiated Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shall be govemed 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 frorn the Property.
<br /> Duty to Maintain_ Trustor shall maintain the Property in good condition and promptly perform all tepairs,
<br /> replacements,and maintenance necessary to preserve its value.
<br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender that: {1) During the period of
<br /> Trusfor`s ownership of the Property;there has bee�a no use, generation, manufacture, storage, treatment, disposal,
<br /> refease or threatened release of any Hazardous Substarace by any person or., under, about or from the Property;
<br /> (2) Trustor has no knowledge of, or reason to uelieve ti�at there has been, except as previously disclosed to arad
<br /> acknowPedged by Lender in writing, 4aD any breaah or violation of any Environmenta[ Laws, !b) any use,
<br /> generation, manufacfiure, storage, �reatment, disposal, release or threatened release of any Fiazardous Substance
<br /> on, under, about or from the Properry by any prior owmers or occupants of the Property, or (c) any actual or
<br /> threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously
<br />
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