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<br /> ��'•�'� � DEED Olr TRUST
<br />.''�[`s���,f,•
<br />°,��v,��; da of July, 1997, betwean ��
<br />•.;n,.,, THIS TRUST DEED made this �� Y 8e TgUSTORS, h (�,\
<br /> RAFAEL B. OROZ�O and RITA OROZ�O, H N�rth Hollywood, California� `v
<br />--''"-"� whose addreas is 8162 Bellingham,
<br /> (�,i(l i,
<br /> `-•`"�'��• 91605; ROBERT GREENE, A Licensed Rea l Estate Broker, as TAUSTEE, �..'C[��
<br />��-1''�'� whose address is 509 N. Eddy, Grand Island, Nebraska 68801; and � � -
<br />�-:� .`;
<br /> ;;;.�;:,,,, ELOY R. URIBE, A Single Person, whose addr�ss is Rural Route 4, Eox
<br /> c..��f�.3 100, Gr.and Island, Nebraska 68801, hereinafter referred to as
<br /> �-� BENEFICZr�RY, whether one or more.
<br /> ,�,�:����
<br /> _�v_,��� WITNESSETH:
<br /> ����� That TRUSTORS hereby grant, bargain, sell,g onvey and w�Q�ap f
<br /> � to TRUSTEE, IN TRUST, his �uccessors and assi ns, with p
<br /> -���'�� sgle, the following-described real property:
<br /> ---- Lot Two (2) , Block One Hundred r�ii���s� (i1�3 r fz2 p3i�.rnAd
<br /> i Addation to the City of Grand Island, Hall County,
<br /> Nebraska,
<br /> together with all buil�inqs, improvements aad appurtenanaes
<br /> .__ -= thAr.eon. .
<br /> The TRUSTORS hereby covenant and a.gzee with the TRUSTEE and
<br /> BENEFICIARY that RAFAEL B. ORQEE80 and RITA OROZ�O are lawfully
<br /> -��"� seized and the owner of the above-described prcperty; and thaE
<br /> they each execute this Deed of Trust as epouse of t�e other for
<br /> purpose of conveying and pledging their spousal interest in the
<br /> above described property; that t�ey ha�re good right and lawful
<br /> authority to sell and convey said premises and that �aid premises
<br /> are free and clear of a17. liens and encumbrances, and further, that
<br /> TRUSTORS wi13 warrant and deiend the title to sa�.d premises forever
<br /> - against the claims of all persons whomsoever.
<br /> Far the purposo of securing performance of each agreement of
<br /> TRUSTORS herein contained and the pay�ment of TWENTY THOUSAND
<br /> DOLLARS ($20 ,000.00) , on August 1, 1998; the TRUS�'ORS have executed
<br /> � a Promis�ory Note bearing even date, at t�e rate of interest and on
<br /> the terms and conditions as set forth i able h n�accordance wi h and
<br /> �`�c� principal sum and interest shall be pay
<br /> ;�.,,�#i upon the terms and conditions of said Note of even date, and in any
<br /> ��:����•: event the entire principal balance du� hereunder and any accrued
<br /> ���'�" interest shall be paid on August 1, 1998. All install.ment payments
<br /> -�T� hereunder shall be applied first to the paymeursuant into ean
<br /> �--=:�_��=� computed annually on the of which has been provided to each of
<br /> ---� amortization schedule, a copy
<br /> -r�°;;:�� the parties hereto, and remafnder of each ents�due hereunder
<br /> installment to be applied to principal. All paym
<br /> ����� shall be paid at the residence of the BENEFICIARY or the holder of
<br /> Qa;� Recuritv shall designate in writing.
<br /> _,,.�..-. . ----
<br /> `��"•-�'�.'�` It is agreed by and between the par�ties hereto that while
<br /> _��t�;�,..,. -'��
<br /> � �� title is vested in the TRUSTEE and until filing of Notice o
<br /> � ���� � Default, the TRUSTORS shall:
<br /> - • L..ti'
<br /> � , A. Retain possession of the property at all times, except as may
<br /> �.% � be otherwise agreed by the parties in writing.
<br /> , � .
<br /> . � ,
<br /> ,
<br /> � ._ -� - ,__ _ _
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