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<br />WHEN RECORDED MAIL To:lf.E7 ctiV)
<br />Equitable Bank
<br />North locust Branch
<br />113-115 N locust St
<br />PO Box 160
<br />Grand Island. NE 68802.0160
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />~
<br />
<br />CI
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $215,000.00. 01
<br />
<br />THIS DEED OF TRUST is dated January 20. 2009, among Gary L. Carothers: A Single Person ("Trustor"):
<br />Equitable Bank, whose address is North Locust Branch, 113-115 N Locust St, PO Box 160, Grand Island, NE
<br />68802-0160 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"): and Equitable Bank
<br />(Grand Island Region), whose address is 113-115 N Locust St: PO Box 160, Grand Island, NE 68802-0160
<br />(referred to below as "Trustee").
<br />
<br />CONVEYANCE AND GRANT. For valuable consideration. Trustor convays 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 relating to the real
<br />property, including without limitation all minerals. oil, gas, geothermal and similar matters, (the "Real Property") located in Hall
<br />County, State of Nebraska:
<br />
<br />Lot Thirteen (13) in Roush Pleasantville Terrace Subdivision, Grand Island, Hall County, Nebraska aka 312
<br />Brookline Dr, Grand Island
<br />
<br />AND
<br />
<br />Lot Fourteen (14) Roush Pleasantville Terrace Subdivision in the City of Grand Island, Hall County,
<br />Nebraska aka 314 Brookline Dr, Grand Island
<br />
<br />AND
<br />
<br />Lot Fifteen (15) in Roush Pleasantville Terrace Subdivision, of part of Matthew' s Subdivision of part of the
<br />Northwest Quarter (NW 1/4) of Section Twenty-seven (27) in Township Eleven (11) North, Range Nine (9)
<br />West of the 6th P.M. in Hall County. Nebraska aka 316 Brookline Dr, Grand Island
<br />
<br />AND
<br />
<br />Lot Twenty-eight (28) Fonner View Second Subdivision to the city of Grand Island, Hall County. Nebraska
<br />aka 1112 E Hall, Grand Island
<br />
<br />AND
<br />
<br />Lot One (1) and Thirty-one (31) Fonner View Second Subdivision to the City of Grand Island, Hall County,
<br />Nebraska aka 1123 E Hall and 1124 E Hall, Grand Island
<br />
<br />The Real Property or its address is commonly known as 312 Brookline Dr, Grand Island, NE 68801. The Real
<br />Property tax identification number is 400086565, 400086573, 400086581, 400131544. 400131242, and
<br />400131579.
<br />
<br />CROSS-COllATERALlZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to lender, or anyone or more of them, as well as all claims by Lender against Trustor or anyone or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note. whether voluntary or otherwise,
<br />whether due or not due, direct or indirect. determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others. whether obligated as guarantor, surety, accommodation party or otherwise. and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable,
<br />
<br />FUTURE ADVANCES. In addition to the Note. this Deed of Trust secures all future advances made by lender to Trustor whether or not the
<br />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 Trustor, 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents,
<br />
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's poasession and use of the Property shall be
<br />governed by the following provisions: ~ ~:: .( "{ ~ ,I' 1 .
<br />
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