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<br /> WFiEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> North Locust Branch
<br /> 113-115 N Locust St
<br /> PO Box 160
<br /> Grand Island,NE 68802-0160 FOR RECORDER'S USE OIVLY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. The lien of this Deed of i"rust shall not exceed at any one time �35,000.00.
<br /> TFIIS DEED OF TRUST is dated January 13, 2015, among ANGELA LYNN LEMBURG FKA
<br /> ANGELA LYNN ROWE, whose address is 4'!83 Indianhead Rd, Grand Islancl, NE 68803 and
<br /> .lEREMY LENf�URG, whose address is 4183 Indianhead Rd, Grand Island, IVE 68803; V1fiFE
<br /> AND HUSBAND ("Trustor"); Equitable Bank, whose address os North Locust Branch, 7 93-'{15 N
<br /> Locust St, PO Box 160, Grand Island, NE 68802-0160 (referred to below sornetimes as
<br /> "Lender" and sometimes as "Benefeciary"); and Equitable Bank (Grand Island Region), whose
<br /> address is 113-115 N Locust St; PO Box 160, Grand Island, NE 68802-0160 (referred to
<br /> below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust,WITH 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 buildings, improvements and fixtures; all
<br /> easements, rights of way, and appurtenances; aIl 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") IoCated in He4LL
<br /> County, State of Nebraska:
<br /> LOT ONE (1), iNDIANHEAD SECOND SUBDIVISION, IIV CITY OF GRAfVD ISLAND, HALL
<br /> COUNTY, NEBRASKA
<br /> The Real Property or its address �s commonly known as 4183 Indianhead Rd, Grand Island, NE
<br /> 68803. The Real Property tax identification number is 400386267.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this t�eed 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. ln addition, Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br /> THIS DEED OF TRUST, INCLUDWG THE ASSIGNMENT OF RENTS AND THE SECURITY IN7EREST IN THE RENTS AND
<br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND �B) PERFORMANCE OF
<br /> ANY AI�lD ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br /> DE�D OF TRUST IS GNEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at
<br /> Borrower`s request and not at the request of Lender, (b) Trustor has the full power, right, and authority to enter into
<br /> this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not conflict with, or
<br /> result in a default under any agreement or other instrument binding upon Trustor and do not result in a violation of any
<br /> law, regulation, court decree or order applicable to Trustor; (d) Trustor has established adequate means of obtaining
<br /> from Borcower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no
<br /> representation to Trustor about Sorrower (including without limitation the creditworthiness of Borrowerj.
<br /> TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency"
<br /> iaw, or any other law which may prevent Lender �rom bringing any action against Trustor, ineluding a claim for
<br /> deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's eommencement
<br /> or completion of any foreclosure action, either judicially or by exercise of a power of sale.
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all
<br /> Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their
<br /> respective obligations under the Note,this Deed of Trust, and the Related Documents.
<br /> POSSESSION AND MAWTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's
<br /> possession and use of the Property shall be governed 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 from the Property.
<br /> Duty to lVlaintain. Trustor shall maintain the �roperty in good condition and promptly perform all repairs,
<br /> replacements, and maintenance necessary to preserve its value.
<br /> Compliance�th Environmental Laws. Trusrtor represents and warrants to Lender that: (1) During the period of
<br /> Trustor's ownership of the Property,there has been no use, generation, manufacture,storage,treatment,disposal,
<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 disclosed to and
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