|
��
<br />�
<br />�
<br />� �
<br />�a. �r�
<br />B �
<br />B �
<br />V -
<br />� ��
<br />U'1 �
<br />� ��
<br />�
<br />�
<br />�
<br />��
<br />�
<br />wn
<br />�
<br />C
<br />A � �
<br />7C 2
<br />��:
<br />��
<br />= n �=?�. � ° �
<br />R1 VI �:� r � � �
<br />n = r°n i. --.� --1 Pn
<br />7C c-� � -� t>
<br />c> ��� � � � C7 "Y1
<br />� rr � � �
<br />�' �.�;; �: rn
<br />� r rn �`� � A cn
<br />c� �.." �
<br />U7 � �
<br />F�--' Cn
<br />�
<br />A
<br />N � �.
<br />W �
<br />tii
<br />C7
<br />N
<br />�
<br />F--x
<br />C7
<br />�
<br />'�
<br />�
<br />CJ"I
<br />Ck�
<br />m
<br />Z
<br />��C7
<br />�7'1
<br />�
<br />�
<br />C!]
<br />z
<br />C/a
<br />�
<br />C
<br />�
<br />�
<br />z
<br />v
<br />��r � �y U� ���t�
<br />WH N RECORD�D MAI TO: y0
<br />Equitable Bank � D `
<br />Nprth Locust Branch
<br />973-115 N Locust St
<br />PO Bax 9 60
<br />Grand I land NE 68802-0160 FOR RECORDER'S SE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $34,651.50.
<br />THIS DEED OF TRUST is dated October 94, 2070, among COLLEEN E LANGE, whose address is 2515 W
<br />JOHN ST, GRAND ISLAND, NE 688035$22; A UNMARRIED pERSQN ("Trustor"►; Equitable Bank, whose
<br />address is North Locust Branch, 113-115 N Locust St, PO Box 160, Grand Island, NE 68802-0160 (referred to
<br />below some#imes as "Lender" and sometimes as "Beneficiary"►; and Equitable Bank (Grand Island Region►,
<br />whose address is 113-115 N Locust St; PO Box 160, Grand Island, NE 68802-0160 (referred to below as
<br />., Trustee"►.
<br />CONVEYANC� AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WI�H POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all nf 7rustor'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 ar irrigation rightsl; 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 "Fieal Proper#y") IoCated in MALL
<br />County, State of Nebraska:
<br />LOT NINE (9►, IN BLOCK TWQ (2), pARKHILL SUBDIVISION, AN AbDITION 70 GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />Ths Rea1..Properxy or its address is commanly known as 2515 W JOHN ST, GRAND ISLAND, NE 688035822.
<br />The Real Property tax identification number is 400073307.
<br />Trustor presently assigns tv l.ender (also known as Beneficiary in this Deed of 7rust) 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 />THIS DEED OF TRUST, INCWDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE R�N?S AND PERSONAI.
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF TME INDEBTEbNE55 AN� (B) PERFORMANC� QF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATEb ppCUMENTS, ANb THIS DEED OF TRUST. THIS DEEb pF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENt AND PERFQRMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured 6y
<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 Dacuments.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<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 />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br />maintanance necessary tn praserve its value.
<br />Compliance With Envirqnmental 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 af the Property, or (c) any sctual or
<br />threatened litigation or cleims of any kind by any person relating to such matters; and (3) Except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other authorized user of the Property
<br />shall use, generate, manufacture, store, treat, dispose of or release any Hazardaus Substance on, under, about nr from thP Property;
<br />and (b) any such activity shall be conducted in compliance with all applicable federal, state, and Iocal laws, regulations and
<br />ordinances, including without limitation all Environmental Laws. Trustor au#horizes l.ender and its agents to enter upon the Property
<br />to make such inspections snd tests, at Trustor's expense, as Lender may deem appropriate to determine compliance of the Property
<br />with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's purposes only and shall not 6e
<br />construed to create any responsibility or liability on the part of Lender to Trustor or to any other person. The representations and
<br />warranties contained herein are based on Trustor's due diligence in investigating the Property for Hazardous Substances. Trustor
<br />hereby (1) raleeses and waives any future claims against Lender for indemnity ar contribution in the event Trustor becomes liable for
<br />cleanup or other costs under any such laws; and (2) agrees to indemnify, defend, and hold harmless Lender against any and all
<br />claims, losses, liabilities, damages, penalties, and expenses which Lender may directly nr indirectly sustain or suffer resulting from a
<br />breach of this section of the Deed of Trust or as a consequence of any use, generation, manufac#ure, starage, disposal, release or
<br />threatened release occurring prior to Trustor's ownership or interest in the Property, whether or not the same was or should have
<br />been known to Trustor. The provisions of this ssction of the Deed of Trust, including the obligation to indemnify and defend, shall
<br />survive the payment of the Indebtedness and the satisfaction and reconvayance of the lien of this Deed of Trust and shall not be
<br />affected by Lender's acquisition of any interest in the Property, whether by foreclnsure or otherwise.
<br />Nuisance, Waste. Trustor shall not cause, conduct or permit any nuisance nor commit, permit, or suffer any stripping of nr waste on
<br />or to the Property or any portion pf tha Property. Without limiting the generality of the faregoing, Trustor will not remove, or grant to
<br />any other party the right to remove, any timber, minerals (including oil and gas1, coal, clay, scoria, soil, gravel or rock products
<br />without Lender's prior written consent.
<br />� �� „
<br />
|