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<br />Equitable
<br />Diers Ave
<br />PO Box 1
<br />Grand Isla
<br />THIS DEED
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<br />DEED OF TRUST
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<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />F TRUST is dated June 28, 2017, among GORDON O'NEILL, whose address is 62
<br />KE, GRAND ISLAND, NE 68801 and COLLEEN O'NEILL, whose address is 62
<br />KE, GRAND ISLAND, NE 68801; Husband and Wife ( "Trustor "); Equitable Bank,
<br />ss is Diers Avenue Branch, PO Box 160, Grand Island, NE 68802 -0160 (referred
<br />etimes as "Lender" and sometimes as "Beneficiary "); and Equitable Bank (Grand
<br />), whose address is 113 N Locust St; PO Box 160, Grand Island, NE 68802 -0160
<br />elow as "Trustee ").
<br />ND GRANT. For valuable consideration, Trustor conveys to Trustee in trust. WITH POWER OF SALE,
<br />f Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />er with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />s of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />n rights); and all other rights, royalties, and profits relating to the real property, including without
<br />erals, oil, gas, geothermal and similar matters, (the "Real Property ") located in Hall County.
<br />aska:
<br />e (12), Block Thirteen (13), College Addition to West Lawn, City of Grand Island,
<br />ty, Nebraska
<br />erty or its address is commonly known as 2311 Grand Island Ave, Grand Island,
<br />he Real Property tax identification number is 400034344.
<br />RALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />eon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />re of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />er voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />ingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br />as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />er may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />er may become otherwise unenforceable.
<br />ES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br />e advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust
<br />on to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />with all interest thereon.
<br />assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />Uniform Commercial Code security interest in the Personal Property and Rents.
<br />UST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />RTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />BLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />S GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />ERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of
<br />ns under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AN ' MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />Property shall be overned by the following provisions:
<br />Possession a d Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br />control of th Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Mai tain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs,
<br />replacements and maintenance necessary to preserve its value.
<br />ith Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br />ership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />atened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />= s no knowledge of, or reason to believe that there has been, except as previously disclosed to and
<br />by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br />anufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br />• ut or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />r ation or claims of any kind by any person relating to such matters; and (3) Except as previously
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