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<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> North Locust Branch
<br /> 113-1'15 N Locust St
<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 October 18, 2011, among DAVID L LARSOIV REVOCABLE
<br /> LIVING TRUST DATED OCTOBER 15, 2002; and CATHERINE M LARSON REVOCABLE LIVWG
<br /> TRUST DATED OCTOBER 15, 2002,whose address is 505 L19VDEN AVE, GRAND ISLAND, NE
<br /> 68801 ("Trusfor"); Equitable Bank, whose address is Nortfi Locust Branch, 'I 13-115 N Locust
<br /> St, PO Box 160, Grand Island, NE 68802-0160 (referred to below sometimes as "Lender" and
<br /> sorreetimes as `°Beneficiary"); and Equitable Bank (Grand Is6an� Region), whose address is
<br /> 113-915 N Locust St; PO Box 760, Grand Island, NE 68802-0160 (referred to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. Por 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 desctibed 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, royahies, and profits relating to the real property, including without
<br /> limitation afl minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br /> County,State of Nebraska:
<br /> THE NORTH FORTI' FOUR (441 FEET OF LOT TWO (Z), BLOCI< TWENTY ONE (21), IN
<br /> SCARFF'S ADDITION TO WEST LAWN, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA, AND A TRACT AS DESCRiBED IN CORPORATlON WARRANTY DEED
<br /> RECORDED AS DOCUMENT NO. 200708741.
<br /> The Real Property or its address is commonly known as 1615 N CUSTER AVE, GRAND
<br /> ISLAND, NE 68803-2551. The Real Property tax identification number is 400088908.
<br /> CROSS-COLLATERALIZATIOhN. In addition to the Note,this Deed of Trust secures all obligations,de6ts and liabiliiies,
<br /> plus interest thereon, of either Trusto�or Borrower to Lender, or any one or more of them, as well as all claims by
<br /> Lender against Borrower and Trustor or any o�e or more of them,whether now existing or he�eafter arising, whether
<br /> related or unrelated to the puYpose oi the Note, whether voluntary or otherwise, whether due or not due, direct or
<br /> indirect, determined or undetermined, absolute or contingent, Iiquidated or unliquidated, whether Borrewer or Trustor
<br /> may be liable individually oe jointly with others, whether obligated as guarantor, surety, accommodation party or
<br /> otherwise, and wheiher recovery upon such amounts may be or herea�Rer may become barred by any statute of
<br /> limitations, and whether the obligation to repay sucfi amounts may be or hereafter may become otherwise
<br /> unenforceable. -
<br /> FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br /> Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically,without limitaiion,
<br /> this Deed.of Trust secures,in addition to the amounts specified in the Note,all future amounts Lentler in its discretion
<br /> may loan to Borrower or Trustor,together with all interest thereon.
<br /> Trustor presen2ly 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,Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in the Personal Ptoperty and Rents.
<br /> THIS DEED OF TRUST,INGL�JDING 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 OBLIGATIOINS UNDER THE NOTE,THE RELATED DOCUMENTS,AND THIS DEED OF TRUST. TH1S
<br /> DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warraMS that: la) this Deed of Trust is executed at
<br /> Borrower's request and not at the request of Lender, (b)Trustor has the full power,right,and auihori�ty to enter into
<br /> this Deed of Trust and to hypothecate the PropertV; Icl the provisions of this Deed of Trust do not conflict with,or
<br /> resuh in a defauR under any agreement or other insirument binding upon Trustor and do not result in a vlolation of any
<br /> law, regulation, court decree or order applicable to Trustor, (d)Trustor has established adequate means of obtaining
<br /> from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no
<br /> representation to Trustor about Borrower(including without limitation the creditworthiness of�Bo�rower).
<br /> TRUSTOR'S WAIVERS, Trustor waives all rights or defenses arisi�g by reason of any"one action"or"anti-deficiency"
<br /> law, or any other iaw which may prevent Lender from bringi.ng any action against Trustor, including. a claim for
<br /> deficiency to the extent Lender is otherwise entitled.to a claim for deficiency, before or after Lender�s commencement
<br /> or completion of any foreclosure action,either judicially or by exercise of a power of sale.
<br /> PAYMENT AND PERFORMAhICE. Except as otherwise provided in this Deed ofi Trust,Borrower and TrusYOr shall pay to
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