|
m
<br /> � � N p� �
<br /> � mm o �y m
<br /> 1 � n�� � Zm N m
<br /> o �o� , 0 �O 0 0
<br /> �o o�o m o�' � �
<br /> � Z D C� �7 Z O
<br /> w G��0 N =W � (A
<br /> � �1 D �
<br /> �A m �Z) �
<br /> mr„m � rD 0 A
<br /> � �0� � � � Wc
<br /> � �
<br /> 0 0 .c°.o � z
<br /> w cn �
<br /> � z
<br /> 0
<br /> WHEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> North Locust Branch
<br /> � 773-175 N Locust St
<br /> PO Box 160
<br /> Grand Is6and,NE 68802-OY60 FOR RECORDER'S USE ONLY
<br /> DEE� OF TRUS3
<br /> THIS DEED OF TRUST is dated December 20,2011, among JORGE A CORRAL,whose address
<br /> �s 522 W GNARLES, GRAIVD ISLAND, NE 68803 and BERTHA E CORRAL, whose address is
<br /> 1827 N LAFAYETTE AVE, GRAND ISLAND, NE 68803; HUSBAIVD AND WIFE ("Trustor"};
<br /> Equitable Bank, whose address is North Locust Branch, 113-195 N Locust St, P� Box 160,
<br /> Grand Island, NE 68802-0160 (referred to below sometimes as "Lender" and sometimes as
<br /> "Beneficiary"); and Equitable Bank (Grand Island Region}, whose address is 113-115 N Locust
<br /> St; PO Box 160, Grand Islancl, NE 68802-o160(referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideretion,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 afl existing or subsequenily 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 rightsl; 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 PropOriy�") located in HALL
<br /> County,5tate of Nebraska:
<br /> THE WESTERLY ORJE-HALF OF FRACTIONAL LOT SEVEN (7), IN FRACTIONAL BLOCK ONE
<br /> HUNDRED FOUR (704), IN RAILROAD ADDITION TO THE CITY OF GR/SIVD ISLAND, HALL
<br /> COUNTY, NEBRASKA, AND ITS GOMPLEMENT, TO WIT: FRACTIONAL LOT SEVEN (7) IN
<br /> FRACTIONAL BLOCK ONE HUNDRED FOUR (104) IN KOENIG AND WIEBE'S ADDITtON TO
<br /> THE CfTY OF GRAI4ID ISLAND, HALL GOUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 412 W CHARLES ST, GRAND ISLAND,
<br /> NE 68803. The Real Property tax identifecation number is 400056119.
<br /> CROSS-COLLATERALIZATION. In addition m the Note,this Deed of Trust secures all obligations,debts and liabilities,
<br /> � plus interest thereon,of TNstor to Lender,or any one or more of them,as well as all claims by Lender�against Trustor
<br /> or any one or more of them,whether now existing or hereafter arising,whether related or un�elated to the purpose of
<br /> the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br /> absolute or conYingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br /> whether obligated as guarantor,surety,accom�modation party or otherwise,and whether recovery upon such amounts
<br /> may be or hereafter may become barred by any statute of limitations,and whether the obligation to repay such amounts
<br /> may be or hereafter may become otherwise u�enforceable:
<br /> � FUTURE ADVANCES. In adc9ition to the Note,this Deed of Trust secures all future advances made by Lender to Trustor
<br /> whether or not the advances are made pursuant fo a commitment. Specifically,�vithout limitation,this Deed of Trust
<br /> secures, in addition.to the amounts specified in �he Note, all future amounts Lender in its discretion may loan to
<br /> Trustor,together with all interest thereon. �
<br /> Trustor presently assigns to Lender (also I<nown as Beneficiary in this Deed of Trust) all of Trustor's righY,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 m Lender a Uniform Commercial Code security interest ip the Petsonal Property and Rents.
<br /> THIS DEED OF TRUSL INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY,IS GIVEN TO SECURE (A) PqYMENT OF THE INDE6TEDNESS AND (B1 PERFORMANCE OF
<br /> ANY AND ALL OBLIGATIOMS UNDER THE NOTE,THE RELATED DOCUMENTS,AND THIS DEED OF TRUST. THIS
<br /> ❑EED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. Excepi 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 MAINTE9VANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of che -
<br /> Property shall be governed by the following provisions:
<br /> Possession and Use. Until the occurrence of an Event of�efault,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. Trustor shall maintain the Properry in tenantable condition and prompily perform all repairs,
<br /> replacements,and maintenance necessary to preserve its value. -
<br /> Compliance With Envirou�mental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br /> Trustor's ownership ot the Property,there has been no use,generation,manufacture,storage,treatment,dfsposal; .
<br /> release or threatened release of any Hazardous Substance 6y any person on,under, about or from the Property;
<br />
|