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<br />WHEN RECORDED MAIL TO:
<br />Equitable Bank
<br />Diers Avenue Branch
<br />PO Box 160
<br />Grand Island, NE 68802 -0160 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated August 10, 2011, among MICHAEL J HOLLISTER, whose
<br />address is 551 W LOWRY RD, DONIPHAN, NE 68832 and SHEILA A HOLLISTER, whose
<br />address is 551 W LOWRY RD, DONIPHAN, NE 68832; HUSBAND AND WIFE ("Trustor");
<br />Equitable Bank, whose address is Diers Avenue Branch, PO Box 160, Grand Island, NE
<br />68802 -0160 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and
<br />Equitable Bank (Grand Island Region), whose address is 113 -115 N Locust St; PO Box 160,
<br />Grand Island, NE 68802 -0160 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without
<br />limitation all minerals, oil, gas., geothermal and similar matters, (the "Real Property ") located in HALL
<br />County, State of Nebraska:
<br />A TRACT OF LAND IN THE NORTHEAST CORNER OF THE NORTHWEST QUARTER
<br />(NW114) OF SECTION THIRTY -THREE (33), TOWNSHIP TEN (10) NORTH, RANGE NINE (9)
<br />WEST OF THE 6TH P.M., HALL COUNTY NEBRASKA, DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE NORTH QUARTER CORNER OF SAID SECTION 33. THENCE
<br />SOUTH ON THE HALF SECTION LINE A DISTANCE OF 500 FEET, THENCE WEST AND
<br />PARALLEL TO THE NORTH SECTION LINE OF SAID SECTION A DISTANCE OF 348.5 FEET,
<br />THENCE NORTH AND PARALLEL TO THE HALF SECTION LINE A DISTANCE OF 500 FEET,
<br />THENCE EAST IN THE SECTION LINE A DISTANCE OF 348.5 FEET TO THE POINT OF
<br />BEGINNING.
<br />The Real Property or its address is commonly known as 551 W LOWRY RD, DONIPHAN, NE
<br />68832. The Real Property tax identification number is 400239027.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Truster
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation,. this Deed of Trust
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />Truster, together with all interest thereon.
<br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Truster
<br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of
<br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Truster shall maintain the Property in good condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
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