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<br /> WHEN RECORDED MIAIL TO:
<br /> Equitable Bank -
<br /> Diers Avenue Brench
<br /> PO Box 160
<br /> � __ Grand Island,NE 68802-0760 FOR RECOHDER'S USE ONLY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 55,000.00.
<br /> THIS DEED OF TRUST is dated October 24, 2011, among JAMES CAMPLIN, whose address is
<br /> 1149 PLEASANT VIEW DR, GRAND ISLAND, NE 68801 and JESSICA CAMPLIN FKA JESSICA
<br /> WILLIAMS, whose address is 1149 PLEASANT VIEW DR, GRAND ISLAND, NE 68801;
<br /> HUSBAND AND WIFE ("Trustor"); Equitable Bank, whose address is Diers Avenue Branch, PO
<br /> Box 160, Grand Island� NE 68802-0160 (referred to below sometimes as "Lender" and
<br /> sometimes as "Ben�ficiary"�; and Equitable Bank (Grand Island Region), whose address is
<br /> 113-115 N Locust St; PO Box 160, Grand Island, NE 68802-0160 (refereed to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration,T�ustor conveys to Trustee in trust WITH POWER OF SALE,
<br /> for the benefit of Lender as Beneficiary,alI of Trustor`s right,title, and interest in and to the following descri6ed real -
<br /> � property, together with all ezisti�g or subsequently erected or affixed buildings, improvements and fiMUres; 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 PrOp01'ty") IOCeted in HALL
<br /> County,Sfate of Nebraska:
<br /> LOT ON (1), BLOCK TWO (2L PLEASANT VIEW TWELFTH SUBDIVISION IN THE qTY �F
<br /> GRAND ISLAND, HALL COUNTY,NEBRASKA
<br /> The Real Property or its address is commonly known as 1149 PLEASANT VIEW DR, GRAND
<br /> ISLAND,NE 68801. The Real Property tax identification num6er is 400450003.
<br /> REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including,without limitation,a revolving
<br /> line of credit,which obligates Lender to make advances to Borrower so long as Borrower complies with all the terms of
<br /> the Credit Agreement. Svcf�advances may be made, repaid,and remade from time to time.subject to the Iimitation
<br /> that the total outstanding balance owing at any one time,not including finance charges on such balance at a fixed or
<br /> . var"rable rate or sum as provided in the Credit Agreemefrt,any temporary overages,other charges, and any amounts
<br /> expended or advanced as provided in either the Indebtedness paragraph or this paragraph,shall not exceed the Credit
<br /> Limit as provided in the Cvedit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the
<br /> balance outstanding undeP the Credit Agreement from fime to time from zero up to the Credit Limit as provided in the
<br /> Credit Agreement and any intermediate balance.
<br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's riaht,title, and
<br /> �interest in and to all present and future leases of the Property and alI ReMS from tFie Property. In addition,Trustor
<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�W THE RENTS AND
<br /> PERSONAL PROPERTY,IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND [B) PERFORMANCE OF
<br /> EACH OF TRUSTOR'S AGREEMENTS AND� OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE� RELATED
<br /> DOCUMENTS,AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING
<br /> TERMS:
<br /> TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) 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 authority to enter into
<br /> this Deed of Trust and to hypoihecate the Property; (c)the provisions of this Deed of Trust do not conflict with,or
<br /> result in a default under any agreement or other instrument binding upon Trustor and do not result in a violation of any
<br /> Iaw, regvlation;court decree or order applicable to Trustor, (d)Trustor has established adequate means of obtaining
<br /> from Borrower on a continuing basis inforrnation aboui Borrower's financial condition; and (e) Lendet has made �o
<br /> representation to Trustor about Borrower(including without limitation the creditworthiness of Borrower).
<br /> TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any"one aciion"or"anti-deficiency"
<br /> law, or any other law which may prevent Lender from bringing any action agai�nst Trustor, including a claim for
<br /> deficiency to the e�ctent L�nder is otherwise entitled to a daim for deficiency,before or after Lender's commencement
<br /> or complevon of any foredosure action,either judicially or by exercise of a power of sale. � �
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay io Lender all
<br /> Indebtedness secured by this Deed of Trust as it becomes due, and 8orrower and Trustor shall perform all their
<br /> respective obligations under the Credit Agreement,this Deed o€Trust,and the Related Documents.
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower antl Trustot agree thai Borrower's and Trustor's
<br /> possession and use of the Property shall be governed by the folfowing provisions: �
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