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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Ban[c
<br /> Diers Avenve Branch
<br /> PO Bax 160
<br /> G�rand Istand, NE 68802-0't60 FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXfMUM L[EN. The fien o�F this Deed of Trust shail not exceed at any one time 515,000.00.
<br /> THIS DEED OF TRUST is dated August 25, 2074, annong MECHELLE J HYSELL, whose address
<br /> is 2222 RIVERVIEW DFi, GRAND ISLAND, NE 68841; A SINGLE PERSON ["Trustor");
<br /> Eq�itable Bank, whose address is Diers A�enue Branch, PO Box 160, Grand [sland, NE
<br /> 68802-0'�6fl (referred to below sometimes as "Lender" and sometimes as "Beneficiary"}; and
<br /> Equitable Bank (Grand Island Region), whose address is 713-i 15 N Locust St; PO Box 160,
<br /> Grand Island, NE 68842-0160 (referred to below as "Trustee").
<br /> CO�IVEYANCE AND GRANT. For va[uable consideration, 7rustor conveys to Trustee in lrust, WITH POWER OF SALE,
<br /> far the benefit of Lender as Sene�iciary, all of Trustor's right, tit[e, and interest in and to the following described real
<br /> propsrty, together with al] existing or subsequently erected or affixed bui[dings, improvements and fixtures; all
<br /> easements, rights of way, and appurCertances; al[ water, water rights and ditch rights fincEuding stocK in utilities with
<br /> ditch or irrigation rights}; and all other rights, royalties, and profi#s relating to the real property, incl�ding without
<br /> Eimitation al[ minerals, oil, gas, geathermal and similar matters, {the "Real Property'? located in HALL
<br /> County, Stafie of Nebraska:
<br /> LOT SEVEN {7}, IN SLOCK THREE (3}, IN COUNTRY CLUB SUBDIVISION, 1N TME C1TY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 2222 RIVERVIEW DR, GRAND
<br /> [S�.AND, NE 68$01. The Real Property tax identification number is 400039214.
<br /> REVOLVINC� LINE OF CRED[T. 7his �eed of Trust secures the ]ndebtedness including, without limitation, a re�a[ving
<br /> Eine of credit,which obligates Lender to make advances to Trustor so[ong as TrusCor comp[ies with all the terms of the
<br /> Credit Agreemen#. Such advances may 6e made, repaid, and remade irom time to time, subject to the limitatian that
<br /> the total outstanding balance ow9ng at arty one time, not including finance charges on such halance at a fixed or
<br /> variable rate or sam as provided in the Credrt AgreeinenY, any temporary overages, other charges, and any amounts
<br /> expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not exceed the CrediY
<br /> Limit as provided in the Credit Agreement. It is the intention of Trustor and Lender that this l3eed of Trast secures the
<br /> balance outstanding under the Credit Agreement from time ta time from zero up to the Credit limi#as prouided in the
<br /> Credit Agreemen#and any irrtermediate balance.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in t[�is Deed of Trust] all of Tr�star's right, title, and
<br /> interest in and to aEl present and fut�re leases af the Praperty and ali Rents from the Property. In addiiion, Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in the Personal Property and ftents.
<br /> THIS DEE� OF TRUST, INCLUDING TH�ASSIC�NMENT OF RENTS AND THE SECURITY 1N7EFiEST IN'i'HE RENTS AND
<br /> P�RSONAL PROPERTY, 1S GNEN TO SECURE [A] PAYMENT OF THE IHDEBT�DNESS AND (B� PERFORMANCE OC
<br /> EACH O� TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE CREUIT AGREEMENT, Tl-iE R�L.4TED
<br /> l70CUMEN�S, ANd �H[S DEED OF TRUST. THIS DEED OF TRUST [S GIVE[� ANQ ACCk-PTEa ON THE FOLLOWIIVG
<br /> TEHMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this �EECI of Trust, Trustor sha][ pay to Lender all
<br /> amounts secured by this f]eed of 7rust as they become due, and sha[I strict[y and in a timely manner per�or�n all of
<br /> Trus#or's obligations under tihe Credit Agreement,this Deed of Trust, and the Related Documents.
<br /> POSSESSION AND MAINT�NANCE OF THE PR�PERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shal[ 6e govamed by the fo�lowing provisions=
<br /> Possession and Use. Unti[ the occurrence of an Event of Default, Trustor may Ii} remain in possession and
<br /> control of the Property; [2} use,operate or manage the Property; and [3) collect the Rents�rom the Property.
<br /> Duty to Maintain. Truslos shall maintain the Property in good condition and prampt[y perform all repairs,
<br /> replacements, and maintenance necessary to preserve its value.
<br /> Compliance WitC� En�ironmental Laws. Trustor represents and warrants to Lender that: [1} puring the period of
<br /> Trustar's ownership of the Property, there has been no use, generation, manufactvre, storage, treatment, disposa[,
<br /> release or threatened release of any Hazardous Substanca by any person on, �nder, a6out ar fro� the Property;
<br /> [2} Trustor has no knowledge of, or reason to belie�e that there has been, except as previous[y disc[osed to and
<br /> ac[cnowledged by Lendar in writing, fal any breach or �iolacion af any Environmenta! Laws, {b� any use,
<br /> generation, manufacture, storage, treatrrtent, disposa[, release or threatened re[ease of any Hazardous Substance
<br /> on, unrler, about or from the Property by any prior owners or occupants of ihe 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 /> disclosed to and ac[cnowledged by Lender in writing, {a} neither Trustor nor any tenan#, contractor, agent or other
<br />
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