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<br />WHEN RECORDED MAil TO:
<br />Equitable Bank
<br />Diers A venue Branch
<br />PO Box 160
<br />Gmnd Island, NE 68802-0160
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br /><::~'<)_.~)
<br />
<br />DEED OF TRUST '(-'-:0'0
<br />
<br />THIS DEED OF TRUST is dated April 24 2006. among Betty J Green, A Single Person, ("Trustor"); Equitable (:"j
<br />Bank, whose address is Diers Avenue Branch. PO 80;[ 160, Grand Island, NE 68802-0160 (referred to below
<br />sometimes as "lender" and sometimes as "Beneficiary"); and Equitable Bank (Grand Island Regionl. whose
<br />address is 113-115 N locust St; PO Box 160, Grand Island. NE 68802-0160 (referred to below as "Trustee").
<br />
<br />CONVEY ANCE AND GRANT. For valuable consideration, Trustor conveys to Tnlstee in trust, WITH POWER OF SALE, for the henefit of
<br />Lender as Beneficiary, nil of Trustor's ri(lht, lillo, and interest in and to tho followin(j described real property, together with all existirl(l ur
<br />subsequelltly ere<.;led ur affixed buiIrJin(ls, irnprovolllents andtixturos; all easements, rights of way, and appurtenances; all water, water
<br />riohts and ditch riohts (includino stock irl utilities with ditch or illi(lntion lights); iliHI all other riohts, ruyalties, "1ll1 profits "datin(l to Ilia real
<br />property, includin(l without limitatiun all rninerals, oil, (las, (leotherrnal and similar Imllters, (the "Real Property") located in Hall
<br />COllnty, State of Nebraska:
<br />
<br />Lot Five (51. Block Three (3). Colonial Estates Seventh Subdivision, in the City of Grand Island, Hall County,
<br />
<br />Nebraska.
<br />
<br />The Real Property or its address is commonly known as 1211 Kennedy Dr. Grand Island. NE 68803,
<br />
<br />Trustor presently assiolls to I. ender (olso known as Beneficiilry in this Deed of Trust) all of Trustor's ri(lht, tille, and interest in ami to all
<br />present and flJl,no IOilses of tho Property ilnd all Rants from tho Property_ In (l(ldition, Trustor (lrants to I.emler a LJnifofTn ComnlOrcial
<br />Code sel:urity interest in the Personal Property and Rents,
<br />
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN TIlE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING IEHMS;
<br />
<br />PA YMENT AND PERFORMANCE, Excopt as otherwiso providod in this Deed of Tnlsl, Trustor shall pay to Lender all amounts secured by
<br />this Oood of Trust as tliey hOGome due, and shall strictly and in a timely manner perform all of Trustor's ohli\Jations under the Nole, tlris
<br />Deed of Trusl, amJ the Helated Documenls_
<br />
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY, Trustor agreos that Trustor's pussessiun alllJ use of the Property shall he
<br />(loverned by tho tollowinu provisions:
<br />
<br />Possession and Use, Until the occurrence uf an Event uf Default, Trustor may (1) remaill in possession an,j control of the Property;
<br />(2) use, operRte or manfl!le the Property; and (3) collect the Hents froln the Property_
<br />
<br />Duty to Maintain, Trustor shall maintain the Pruperty in (-JuDd conditiun ami promptly perform all repairs, replacements, ami
<br />rnaintenance necessary to preserve its value,
<br />
<br />Compliance With Environmental Laws. Trustor represents and warrants tu lender that: (1) During tho period of Trustor's ownership
<br />of the Propeil.y, tlrere has been no use, oeneration, InfllHJfaclure, storaoe, treatment. disposal, mleJso or thrnatoned roloaso of any
<br />HaLardous Substance by any persun on, under, about or from the Property; (2) Trustor has no knowledge ot, or reason to holiove
<br />th"t there h"s been, except <IS previously disclosed to i1nd acknowledged by I ender in wrilin~J, (a) any I.Heaclr or violation ot any
<br />Envirollillental I aws, (b) allY use, (leneration, rnf)fHlfacture, stora(le, treatment, disposal, release or threatened releilse of any
<br />Ilfllilrdous Substance on, under, about or frurn the Pruperty by any prior owners or occUpHiltS of the Propmty, or (cl any actual or
<br />IIHeiltHnHd liti~latiorl or Cli1illls uf ilny kind by WIY p"rson It)liltinH to such IlIilttHrs; arid (3) Except as previously disclosed to and
<br />acknuwlHdw;d by Lellt.ler in writiwJ, (il) Iwitber Trustur nor flny t(1Ilfllll, contractor, aoent or other authorized user of the Properly
<br />shall use, oenerate, manufacture, store, treat, dispose of or release any Hazardous Substance IHI, ulltl"r, about ur frurn the Plopelly;
<br />and (bl <lny such activity shall be comhJGted in compliance with all applicable feduriJI. statn, and local laws, re(Julations and
<br />ordinances, including without limitation all Environmental Lflws. Trustor authorizes I elJdur <lnd iiS a(Jents 10 ontor upon the Property
<br />to nwl<e such inspections fllll.1 tests, ntl rustor's '"xpense, as I.ender IlIfly deern appropriate to detellnine cumpliallce ot tile Pruperty
<br />with t1lis sectioll of the Deed ofl rust. AllY inspeCliulls ur tests lIIade by I.ender shillllJn for Lender's purposes only ami slwllrlot be
<br />cUlls\JuEd I.U Crnfll() i.li'y rHsponsibility or liability on tho pall uf L(!lulnr to .Trustor or to any other person_ The rl'p".)S'!Iltalions and
<br />vvannnties contained herein are based on Tnlstor's due diligence ill investigatin(l the Property for HaLardous SubstilllGeS, Tlustor
<br />humby ("1) releases ami waivns ony futuro claims o(jainst L"lIder fur indemnity or contribution in tile event Trustor be<;(Hnns liflbln for
<br />1;leWltlp or other costs \HH.ter Oily SUGh laws; and (2) agrues to imlefTlflify and hold harmless Lender a(laillst any am.! all GlflirllS, losses,
<br />liubililies, d'"l1il~les, pel1flll.ies, and nxpensns which Londm IIlay dillJctly or indimclly sustain or sutter resultino from a breach of this
<br />SOCtiOil of thn Dood ot Trust or as a consoquonce of any use, (l'",ernli'HI, mallufacture, stora~Je, disposal, release or tlHeMelled relnase
<br />()(;Gurriny plior toTIllstor's ownnrship or intmosr in the Property, wbetber or not tbo same was or should have been I<I"'WII to Inlstor_
<br />The provisions of this section of the Oeed of Trust, including the obli(lation to ind(-)ffHlily, shall survive the payment of the
<br />IndeI>IEdIIE":S and thE sMisfoction and reconvoYilnco of tho lien of tbis Deed of Trusl ilnd shall not be affected by I ender's acquisition
<br />of ilny interesl in the Properly, wlwttwr by fOf(JcI"';LJnJ or olhurwise.
<br />
<br />Nuisance, Waste, Trustor shall not cause, conduct or permit any nuisance nor commit. perrnit, or suffer any snipping of or waste on
<br />or to the Pluperty or any portion of tile Properly. Without limiling tlin wmoralily of tlie foregoing, Trustor will not relnove, or Wf.I.lt to
<br /><my other party the riUht tu remove, any timber, minerals (including oil and gas), cual, clay, scoria, soil, ~lravel or rock products
<br />wittlOut I encler's prior written consent.
<br />
<br />Removal of Implovements, Trustor sholl not dOlllolish or remove allY Irnpruvements frOIll tho Real Property wilhout Lender's prior
<br />wrinen consent. As a cOlldilion tn the removal of ilny Improvements, Lemler may require Trustor to nloke arriln(Jernonts satisfactory
<br />to Lender to replace such Improvements with Improvements uf at least equal value,
<br />
<br />lender's Right to Enter. Lender and Lendor's aoents and represonuJlivos Illay ontot upon the Real Property at all reAsonable tilnes 10
<br />"trend to Lender's interests flnd to inspect th" l1e,,1 Propnrly for purposes of Truslor's curnplidlll;e with the terms and conditions of
<br />this Deed of Trust.
<br />
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