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<br />--,-- <br /> ,'" ~ <br /> = 0(/) <br /> 10 n ~ c::> 0 <br /> m QO 0-1 n:: <br /> ::t: "- c::J:;>o <br /> ." ~,-~, N <br /> c: m CII ,-=-- Z-i :0 <br />N Z n :J: ~ ~" c.:= -1m 0 g] <br />S l"l ~ m '\., Z -< <br />S ~ 0 C) -~ c' <br />0::> :I: ~ """ 0 " 0 ~ <br />s m 0 N ~ <br />n en ....,., ::z: CO <br />.f::::.. ~ :z: 0 t\ ::I: Pl ~ <br />-..J m :n l> CD 0 <br />....... l r ;:D :d <br />....... P1 :3 ...c:: <br /> 0 r > <br /> ~ (f) f--'l (fJ -.J ~ <br /> C) ;:><; <br /> C) > ~ <br /> -C ........ "-"' <br /> U1 (;f) ~ <br /> en Z <br /> 0 <br /> <br />Wf ';l[~AlWb.r~: <br /> <br />South locust Branch <br />3012 S locust St <br />PO Box 160 <br />Grand Island, NE 68802-0160 <br /> <br />3 '/.//0 <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />DEED OF TRUST <br /> <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $318.400.84. <br /> <br />THIS DEED OF TRUST is dated May 21, 2008, among YEN CHI SUN, AN UNMARRIED PERSON and HSIEN <br /> <br />JEY BOO aka HSIEN BOO, AN UNMARRIED PERSON ("Trustor"); Equitable Bank, whose address is South <br /> <br />Locust Branch, 3012 S Locust St, PO Box 160, Grand Island, NE 68802-0160 (referred to below sometimes <br /> <br />as "Lender" and sometimes as "Beneficiary"); and Equitable Bank (Grand Island Region), whose address is <br /> <br />113-115 N Locust St; PO Box 160, Grand Island, NE 68802-0160 (referred to below as "Trustee"). <br /> <br />CONVEYANCE AND GRANT. For valuable consideration. Trustor conveys to Trustee in trust. WITH POWER OF SALE. for the benefit of <br />lender as Beneficiary, all of Trustor's right, title. and interest in and to the following described real property. together with all existing or <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way. and appurtenances; all water, water <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights. royalties. and profits relatin!;! to the real <br />property. including without limitation all minerals. oil, gas. geothermal and similar matters, (the "Real Property") located in HALL <br /> <br />County, State of Nebraska: <br /> <br />PARCEL 1: LOT SEVEN (7) BLOCK THREE (3) LAMBERT'S SECOND ADDITION TO THE CITY OF GRAND <br /> <br />ISLAND, HALL COUNTY, NEBRASKA _ <br />\ <br />PARCEL 2: LOT SIX (6) BLOCK THREE (3) LAMBERT'S SECOND ADDITION TO THE CITY OF GRAND <br /> <br />ISLAND, HALL COUNTY, NEBRASKA <br /> <br />PARCEL 3: LOT TWELVE (12) AND THE EAST SIXTY ONE FEET (E61') OF LOT ELEVEN (11 IN BLOCK <br /> <br />SIX (6), IN HANN'S THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br /> <br />The Real Property or its address is commonly known as 704 N BROADWELL, 708 N BROADWELL, AND 303 <br /> <br />SPINE ST, GRAND ISLAND, NE 68801. The Real Property tax identification number is 400059509, <br /> <br />400059495, & 400042770. <br /> <br />FUTURE ADVANCES. In addition to the Note. this Deed of Trust secures all future advances made by lender to Borrower whether or not <br />the advances are made pursuant to a commitment. Specifically. without limitation, this Deed of Trust secures. in addition to the amounts <br />specified in the Note. all future amounts Lender In its discretion may loan to Borrower. together with all Interest thereon. <br /> <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all <br />present and future leases of the Property and all Rents from the Property. In addition. Trustor grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property and Rents. <br /> <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE 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 TERMS: <br /> <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust Is executed at Borrower's request and <br />not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the <br />Property; (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument <br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has <br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e) <br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower). <br /> <br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other <br />law which may prevent Lender from bringing any action against Trustor. including a claim for deficiency to the extent Lender is otherwise <br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by <br />exercise of a power of sale. <br /> <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness <br />secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Note. <br />this Deed of Trust, and the Related Documents. <br /> <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of <br />the Property shall be governed by the following provisions: <br /> <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br /> <br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. <br /> <br />Compliance With Environmental laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership <br />of the Property, there has been no use. generation. manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance by any person on. under. about or from the Property; (2) Trustor has no knowledge of. or reason to believe <br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any <br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal. release or threatened release of any <br />Hazardous Substance on, under. about or from the Property by any prior owners or occupants of the 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 disclosed to and <br /> <br />; '\' ~ <br />, ' 1 <br />