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<br /> 111�HEN IRECD�DED N[A�L T�:
<br /> Equifab�e Bank
<br /> Diers►4venue Branch
<br /> P�Box 'I6D
<br /> Grand Islandr NE 688���D'16� __ F�Fi F�ECQRDER'S U5E�NLY
<br /> nEE� oF TRu�T
<br /> [VIA��111�UM L�EN. The Iien of this Deed of Trust shalE nvt exceed at any one time �'i 7,53�.5�.
<br /> TH[S DEED �F TF�U�T is dated No�ember �4, 2��a, among KATHF�YN RAE �SBDF�NE, A
<br /> s�ngIe �ndividuaI, whase addre�s �s 3�'i� S BLAINE ST.�GRAND [SLAND, NE �gS�'i; E�1LY
<br /> ANN �SB�RNE, A single �ndi�idua�, v�hos� address is 3��U S BLAINE ST, GRAND tSLAND, NE
<br /> Cg$�'1; RICHAF�D �SBDRNE, whose address is 3�7❑ S BLAlNE ST, GRAND [SLAND, NE
<br /> ����� and RUTH �SB�RNE, whose address �s 3�'i� S BLA�N� ST, GRAND 1SLAND. NE
<br /> 6�8�7 {"Trustor"}; Equita�ie Bank, whose address �s Diers A�enue Branch, P� Box 7��, Grand
<br /> islandr NE 68S�2-D7�� �referred to �eIow svmetimes as "Lender" and sometimes as
<br /> "Benef��iary'=}: and Equitable Bank {Grand lsland F�egion}, whos� address is �73--7 7 5 N Locust
<br /> St; P� Box 'i�D, Grand [siand, NE �g���-�'i�D treferred to �e�ow as '�Trustee"}.
<br /> C�NVEYANCE AND GRANT. For►ra�uabie cvnsidera�ion. Trustvr con�eys to Trustee zn#rust, 11VITH P(3�I�IER �F SALE,
<br /> fnr the bene�at o�Lender as Benefic�ary, a11 of Trustor's righ-�, title, and in�erest in and to the fvi[vwing described r�a[
<br /> property, tvge�her with aI� existing or subs�quen�ly erected or affixed buildings, imprv�ements and �ix�ures; ail
<br /> easem�n�s, rights of way, and appurt�nances; a[f water, water rights and ditch rights {including stvck in utilities rrvith
<br /> ditch or irrigation rights}; and a!I other righ�s, roya[ti�s, and profits re[a�Eng to �he reaE p�operty, incEuding without
<br /> [imitat:vn aE! minerals, oEl, gas� geotherma� and similar matters, �the "ReaE Prapertyi*} Iocated �n HALL
<br /> County, State of Nehraska:
<br /> See See Attached Exhibit "A", which xs attached to this Deed of Trust and made a part of
<br /> this Deed of Trust as if ful�y set forth herein.
<br /> The Real Property ar its address rs common�y I�nown as 3�'I� S BLAINE ST, GRAND [SLAND,
<br /> NE �Sg�'i. The F�eaI Property tax identifi�ation num�er �s 4���839�7�
<br /> Trustor presentEy assigns tv Lender {a�sv known as Benefi�iary in this Deed vf Trust} ali of Trus�or`s rEght, �it1e, and
<br /> in�erest in and to all present and fu�ure leases o� th� Property and a11 Rents �rrom the Property. �n addi�ion, Tr-usfior
<br /> grants tv Lender a Uni�a�m Cvmmercia[ Cade securit�in�erest�n the Persanal Property and Ren-ts.
<br /> TH�S DEED DF TRUST, lNCLUD�NG THE AS5IGN111IENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PR�PEF�TY, lS GIVEN Ta SEGU�E {A} PAYIIPIENT flF THE tNDEBTEDNE55 AND �B} 1PERFaRNiAN�E aF
<br /> ANY AND ALL �BLIGATl�NS UNDER THE NDTE, THE RELATED D��LINIENTS, AND THIS DEED �F TRUST. THIS
<br /> DEED aF TF�UST 1S GIVEN AN❑ACCEPTED�N THE FaLL�V�ING TERMS:
<br /> TRUSTDF�'S REPRESENTATIONS AND WARF�ANTIES. Trus�or warrants that: 4a} this Deed a� Trust is executed at
<br /> Borrower's request and no� at�he r�quesrt o� Lender; 4b} Trustvr has the ful� power, right, and authority to enter int�
<br /> this ❑�ed o�Trust and �o hypotheca�e fihe Property; {c� the pra�isions of thEs Deed o�Trust do not con�flic� wi�h, flr
<br /> �-esuIt in a defauEt under any agreement or a�her instrumen� bEnding upan Trustar and do not resu[t in a�ialation o�f any
<br /> law, regulation, court decr�� �r order applicable to Trustor; {d� Trustvr has established adequate means vf obtaining
<br /> �rom Borrower on a �ontinuing basis information abvut Borrvv►�er's financia[ condition; and {e} Lender has made no
<br /> representativn to Trustor about Borrairver�inc�uding without limi�a�ion the creditworthiness of Borrowe�}.
<br /> TRUST�R'S VIrAIVERS. Trustor wai�es aII rights or defenses arising by reas�n vf any"one action" or "anti-de�iciency�
<br /> law, or any other [aw which may prevent Lender �From E�ringing any action against Trus�or, including a c�aim �vr
<br /> deficiency tv the extent Lender is atherwise entifi�ed to a claim �vr defi�iency, be�ore or after Lend�r's commencemen�
<br /> or camp[et�on o�f any foreciosure ac�ion, either judicially or by exercise of a pawer o�saie.
<br /> PAYNlENT AND PERFDRIVIANCE. Except as otherwise provided in this Deed vf Trust. Borrower sha�i pay t� Lender all
<br /> [ndeb�edness secured by this D�ed o�f Trust as i� becomes due, and Borrower and Trus�or shall per€orm all their
<br /> respecti�e obligations under the Note,this Deed o�Trus�, and the Re[ated ❑ocuments.
<br /> P�SSESSION AND IIJiA1NTENANCE �F THE PROPERTY. Borrower and Trustor agree �ha� Borrower's and Trustvr's
<br /> possession and use of the Property sha[� h��o�erned by�he fo[[owing pro�isions:
<br /> Posse�sion and Use. Unti! the occurren�e o� an E�ent o� Defaul�, Trus�or may �'�} remain in possession and
<br /> �ontrvl of the Prape�ky; {�} use,operate or manage the Properry;and {3} collect�he Rents�rom the Property.
<br /> Duty ta Nlainta�n. Trus�or shall maintain the Prvperty in gvvd conditivn and prompt[y perForm all repairs,
<br /> repEacemen�s, and ma�ntenance necessary�o preser�e its�alue.
<br /> Camp�iance Wrth Enr►�ranmenta� Laws. Trustor represen�s and warrants to Lende�that: {1} During the periad of
<br /> Trustor's ownership of�he Property,�here has heen no use, generation, manufa�ture,storag�,treatment, disposal,
<br /> reiease �r threatened re�ease o� any Hazardous Substance hy any persan on, under� about or �rom the Proper�y;
<br /> ��} Trustor has n� knowledge ❑�F, or rsasvn to beIie�e that there has been, e�cept as p�-e�iousIy disclvsed to and
<br />
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