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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> North Locust Branch
<br /> 113-175 N Locust St
<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 July 2, 2014, among DOUGLAS P TAYLOR, whose address is
<br /> 1114 S PINE ST, GRAN'D ISLAND, NE 688017949 and PAMELA S TAY�OR, whose address is
<br /> 1114 S PINE ST, GRAND ISLAND, NE 688017949; HUSBAND AND WIFE ("Trustor");
<br /> Equitable Bank, whose address is North Locust Branch, 113-115 N Locust St, PO Box 160,
<br /> Grand Island, NE 68802-0160 (referred to below sometimes as "Lender°` and sometim�s as
<br /> "Beneficiary"); and EquitabBe Bank (Grand Island Region), whose address is '913-115 N Locust
<br /> St; PO Box 160, Grand Island, NE 68802-Q160 (referred to below as "Trustee").
<br /> GONVEYANCE AND GRANT. For valuable consideration,Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br /> for the benefit of Lender as Benefieiary, 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; ali 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") IoCatetl In IHALL
<br /> Gounty, State of Nebraska:
<br /> A TRACT OF LAND COMPRISING A PART OF LOT TWELVE (12) VANTINES SUBDIVISION,
<br /> IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, MORE PARTICULARLY
<br /> DESCRIBED IN SURVIVORSHIP WARRANTY DEED RECORDED IN BOOK 165, PAGE 684
<br /> AND JOINT TENANCY WARRANTY DEED RECORbED AS DOCUMENT NO. 76-005082
<br /> The Real Property or its address is comrr�only known as 1114 S PINE ST, GRAND ISLAND, IVE
<br /> 68801. The Real Property ta�c identification number is 400103125.
<br /> GROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures alE 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 witf� 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 whetfier the obligation to repay such amounts
<br /> may be or hereafter may become otherwise unenforceable.
<br /> FUTURE ADVANCES. ln addition to the Note,this Deed of Trust secures all future advances made by Lend'er to Trustor
<br /> whether or net 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 fo Lender ialso known as Beneficiary in this Deed of Trust) all of Trustor's right, titie, 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 /> �HIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTERESY IN THE RENTS AND
<br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE WDEBTEDNESS AMD (B) PERFORMAN�E OF
<br /> ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THJS
<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 Reiateci Documents.
<br /> P�SSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shall be governed by the fiollowing provisions;
<br /> Possession and Use. Until the occurrence of an Event of Default, Trustor may {1) remain in possession and
<br /> control of the Properry; (2) 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.
<br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br /> Trustor's ownership of the Property,fhere has been no use, generation, manufacture,storage,treatment, dis�osai,
<br /> release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br /> (2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disdosed to and
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