rn
<br /> m � C7 U] �
<br /> �]m � �y rn
<br /> rn �
<br /> o . �� � � zrn IV rn
<br /> � �o rn . � �� � o
<br /> o �z � � y
<br /> � �� � � �z � �
<br /> � z� � � rn � z
<br /> 00 (;]� � = R]
<br /> �� � � �� � �
<br /> rnm rn � r� � �
<br /> C� � CI] Q� C
<br /> �o � � � �
<br /> ��
<br /> �� � �� z
<br /> �� � � �
<br /> � z
<br /> 0
<br /> WHEN F�EG�RDED �tliA1L T�:
<br /> Equi�able Bank
<br /> North Lv�us�Branch
<br /> 'i'[3�'�"�5 1V Lvcust St
<br /> P� Box 't 6�
<br /> �Grand Islaa�d, NE 6g8U2-U't 64 FUF� F�EC�RDER`S USE❑NLY
<br /> ��N�T�U�TI�N DEIE� �F T1�1JST
<br /> THtS DEED �F TRUST �S ,A C�NS�`RUCTI�N SECU�ITY AG�EE�1lfEl1�T
<br /> 'till�!`T�-illl[ l"HE iVfEAN1NG �F THE NEBRASK►4� C�iVSTi�U��1�N L�EN ��T
<br /> �M�4�Ii11[U11� LIEN. The lien �f this Deed of Trust shall not �x��ed �t any oa�e tir�e $'���F���,��.
<br /> TH�S DEED �F TRL��T is dated 11�1ay 7, ��14, amor�g E�erett ��ley 111. �nrhase a�c�ress �s ��7 N
<br /> Sh�dy Bend F�d, Gra�d lsZand, 1VE �B�D 7 and 11l�elanie �III �lUi�ey, wh�se ad�ress is �'�� N �hady
<br /> Bend Rci. Grand �sIand, NE ����7; HUS�AI�D AND �111�FE 4x'Trustor"�; Equitable Bar�k, whos�
<br /> addr�ss �s tVo�th Locust �ranch, 7'�3--'�'�5 N Lo�u�t ��, P� ��x 7��, Carar�d fslant�, li�E
<br /> �����-�'i�� ��referred ta �eio�r►r sorr�etir�es as °'L�nderp' �nd s�metimes as 'a�er�efi�iar,ypr�� an�
<br /> �q���able �ank 4�rand ls�an� t�egivn�� wh�se addres� is 7�3-7 7� N Locu�t ��; P� ���c '���.
<br /> Grand �slandtl NE �����-���U ��referred t� be�ow as "Trus�ee"�.
<br /> CONVEYANCE AND G�ANT. Fvr ►raluable �onsideration, Trus�or con��ys to Trus�e�in�rust.�dlllTH P��Ei� �F SA�LE,
<br /> fv�r the benefi� vf Lender as Ben�ficiary, all of Trustar's right, ti�1e, and interest in and to the �ollowing described real
<br /> property, together inri�h a1� existing or subse�uent[y�ere�ted or affrxed buildings, improvem�nts and fix-�ures; all
<br /> e�sements, r€ghts vf way, and appurtenances; a[� water, wa�er righ�s and ditch rights �Enc�uding st�ck �n u�ilities with
<br /> ditch or irrigation r�ghts); and a�f a�her �-igh�s, royalties, and profits reCaf�:ng �o the r�a� proper�y, including without
<br /> fimi�ativn a[l min�ra�s, oil� gas, geothermal arid similar matters, �t�� *'Ri�a� Pr�p�rty"} �a��t�C� ��7 H�-1LL
<br /> C�unty, State of iVebraska:
<br /> L�T SC3� ���. FA��F�A�F�E� D►a►CF�Y �U��]�li���lVp E��EP1`IiVG Tl-lE S�LJ�"[-� '1"1l�1EiVTY ����
<br /> F�ET TF�EIREDF� H.�1�L CD4JN`f'1P�, �VE�F��I��
<br /> Th� ��al Pro�pe�rty vr �t� ad�ress is comm�nly knv�►rn a� �7 7` !V Sh��� i����t Rtl, �r�n� [sianc�,
<br /> ll[E 6����. Yhe l�ea� Property tax �dentif�cation number is 4��7 Z�27�,
<br /> Trus�or presentfy assigns to Lender {afs� known as 6eneficiary in this Deed of Tru;st3 all of Trustor's righ�r tE��er and
<br /> interest in and to a[[ presen�k and fu�ure [eases �f �he Proper�y and a�! Rents from the Prap�:�ty. ln additivn, Trustor
<br /> grants to Lender a Uniform Commercial Gvde se�u�ity interes�in the Personal Property and Ren�s.
<br /> THIS DEED �F TRUST, INCLUD�N�THE ASSI�Nl11�ENT �F RE�I1T5 AND THE SECURITV INTIEREST IN�HE RENTS AIVD
<br /> PERS�NAL PR�PERTY, IS C�VEIV TD SECU�E �A� PAY1111E�IlT �F THE �N1]EBTEDIVESS AND �B� PEF�F��RMA�IICE �F
<br /> ,AN1� A�IID ALL �BLIGAT�aNS UNDER THE 6V�TE, THE �ELATIEC] D�CU�1jiE1VTS, ,p►ND TH15 DEED QF T�US�'. `�HI�
<br /> � DEED �F T�UST, �1V�LU��NG Tt-�E ASSICN,IIIIEIVT �F F�EN�'S ��1lD TI-�E SECURITV IiVTERE�I' 1� T'HE �E�V�'� �N�
<br /> PERSaNAL PR�PE��'Vr �S ALS� GIVEiV T� SE�U�� �INIl( ��VD A�L �F T'RLlSTO1�'� D�Lf�.��'!€�1V� �Jjll�EF� �HJ��'
<br /> CEl�TA�M G�NST�€l�CTi�� L�AN AGRIEEMENT BET1���N TRU�`��F�AND LEIVDER �F E�IEN DATE H�F�EVI�'1TH. �Nl'
<br /> E11�ENT �3F �EF►�IULT UNQE�i T!-IE �DNSTF�UCT'i�l�lf L�A� ����Ei�l��11��, �� A�VY �F ��HE �iELA1"E� DD�U11llENTS
<br /> F�EFE�RED �� ��-YIERE�N� SHALL ALS� S� ►�iV E1�EiV`f �� �EFAL9L�' UiV�E� THIS DEElD OF T�LlST. �'FlB� I]E�� �F
<br /> T�USY ls G�1!'EN A�11�ACCEPTED D�V�HE FDLLDVI�IIV�TEF�-tll��:
<br /> PAVMENT AIVD PERF�RMANCE. Except as otherwise pr�v�ded in this Deed of Trus�, Trustor shall pay ta Lender alf
<br /> amounts secured by this De�d of Trust as they beeom� due, and shalI strictly and in a time�y manner p�rform al� o�
<br /> Trusto�'s Qbligati�ns under the No��,this Deed of Trust. and the Re[ated Documen�s.
<br /> G�NSTRUGTlON Nt�RTGAGE. Th�s Deed of Trust is a "construction martgage" �or the purposes o� Sections 9-334
<br /> and �A-349 0�the Uniform Commercia[ Code, as fihose sectians ha�e been ad�pted by the State of Nebraska.
<br /> �P�SSESSIQN AiVD MAINTENANCE DF THE PR�PE�T�. Trustvr agrees that Trustor's possess�on and use o� �he
<br /> Property sha[� be go�erned by fihe�a�lowing pro�isior�s:
<br /> Poss�ssE�n anci L�se. lJntil the ac�urrence ofi a� Even� o� De�aul�, �rustor r�ay �1� r��ain �n p�ss�ssion and
<br /> contro� of tF�e Proper�y, t�} use, aperat��r mana�e�he �roper�y; and �3� c�11ec�the F�er�ts fror�th� Pr�perty.
<br /> �ut}� t� �ain�aEn. Trus�or shall main�a€n �he Prope�ty in good condEt€on and �rompt�y p�r�vrrr� a,ll repae.rs,
<br /> rep[acemen�s, and main�enance necessary to pr�ser�e its�alue.
<br /> Gomp�iance Wi�h Environmen�al Laws. T�ustor represen�s and warrants ta Lender�hat: {'1} During the period of
<br /> Trus�or`s awne�ship o��he Praper-ty,�here has been no use, gene�ativn, manu�ac�ure, s�vrage.�reatmen�, disposa[,
<br /> release vr fhreatened re�ease of any Ha�ardaus Substance by any p�rsan on, unde�, abaut or from the Prvper-ty;
<br /> {�} Trustor has no kn�wledge ��, vr reason fo be[ieve �hat there has been, e�ccept as pre�iously disclosed t� and
<br /> acknowledged by Lender in wri�ing, ta} any breach vr �ioiation of any En�ironmen�al Laws, 4h} any use,
<br /> genera�ion, manufacfiure, storage, treatmeri-�, d�sposal, refease ���hrea�kened re�ease of any Hazardous Substance
<br /> an, under, about or -�rom the Property by any prio� owners �r oGcupants o� the Prop�rty, or �c} any actua� or
<br /> threatened litigatEon or claims o� any kind �y any person relating to such matters; and �3} Except as previousl�
<br />
|