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<br /> F�R REC�RDER'S U5E DNLY
<br /> *�OOQQD��D�fl157�2254340��3�2��6*
<br /> DEED �F TRUST
<br /> THIS DEED �F TRUST is dated �ctober 3'I, 2���, among JUAN E. BAZAN SR., ALS� KN�WN
<br /> AS JUAN BAZAN, whvse address is 'I�7 S�UTH RENNSYLVAN�A AVE., VENAN��, NE
<br /> f9168 and SANDRA M. BAZAN, ALS� KNDWN AS SANDRA BAZAN, whose address is '1 Q7
<br /> S�UTH PENNSYLVAN�A AVE.. VENANG�, NE 6914�; husband and wife �"Trust�r"�: Adams
<br /> Bank & Trust, whas� address is GRANT - M�RTGAGE, '155 �ENTRAL AVENUE, P.�. BDX
<br /> �s�, GRANT, NE �9'140-�1�� tref�rred t� beiow sometimes as "Lsnd�r" and sometimes as
<br /> "Beneficiary"}; and ADAMS BANK & TRUST, whose address �s 3�5 N. SPRUCE, ��ALLALA,
<br /> NE 69153 �refe�r�d to belvw as "Trustee"�.
<br /> C�NVEYANCE AN❑ GRANT. For �aluahle �onsideration, Trustvr con�eys #o Trustee in trus#. WITH P�WER QF SALE,
<br /> for the bene#it of Lender as Benefi�iary, all af Trustor's righ#, #itle, and interest in and to the #ollowing descrihed real
<br /> p�ope��y, together with all existing flr subsequentiy erected or affixed buildings, impro�ements and fixtures; all
<br /> �asements, rights af way, and appurtenances; a!I water, water rights and d':tch rights {including stack �n utilities with
<br /> ditch or irrigation rightsy; and al! other rights, royalties, and profits relating to the real property, inciuding without
<br /> lim�tatifln atl minerals, oil, gas, geathermal and similar matters, �the "Rea! Property"� IoGated in HALL
<br /> County. State of Nebraska:
<br /> LQT ��, BL�CK �q, EVANS A�DITfDN, AND ITS ��MPLEMENT L�T 8. BL�CIC 'i 7,
<br /> LAMBERT'S ADDITI�N T� THE C#TY aF GRAND ISLAND. HALL C�UNTY, NEBRASKA.
<br /> The Real Property ar its address is commonly known as 132� E 4TH ST. �RAND 15LAND. NE
<br /> 688�'I-�902. The Rea� Praperty #ax identificatian number is 4�U�28��4.
<br /> CR�SS-C�LLATERALIZATION. 1n addition ta th� Note, this Deed of Trust secures aE! obligations, debts and liabilities,
<br /> plus tnterest thereon, of Trustor to Lender, ar any ❑ne or mare a# them, as well as all claims by Lender against Trustor
<br /> n� any one or more ❑f them, whether now existing ❑r hereafte� arising, whether related vr unrelated to the purpose of
<br /> the Note, whether �aluntary vr otherwise, whether due or not due, direct vr indirect, de�ermined ar undetermin�d,
<br /> absolute ar cantingent, €iquidated ar unliqui�ated, wh�ther Trustor may be liable indi�idual�y ar joEnt�y with othe�s,
<br /> whether ob�iga#ed as guarantar, surety, accommodation party ar ❑th�rwFse, and whether reco�ery upon such amounis
<br /> may be or herea#ter may become barred by any statute o�limitations, and whether the vbligativn tv repay such amounts
<br /> may be or he�ea�ter may be�ame vtherwise unen#�rcea�le.
<br /> FUTURE ADVAN�ES. fn addition�a the Note, this Deed af Trust secur�s all future ad�ances made by Lender to Trustor
<br /> whether or nai the ad�ances are made pursuant ta a camm�trnent. 5peci#ica�ly, without limitation, this Deed of Trust
<br /> secures, in addition to the amoun�s specified in the Nate, afl future amounts Lender in its d�scretion may loan to
<br /> Trusto�, together with all interest therean.
<br /> Trustor presently assigns to Lender �alsa knvwn as 6ene�iciary in this Deed of Trust� all of T�ustar's right, title, and
<br /> +nterest in and t❑ all present and tuture ��ases of the Property and all Rents �r�m the Property. In addition, Trustvr
<br /> grants ta Lender a Un�form �ommercia! Cvde security interest in the Personai Property and Rents.
<br /> THiS DEED DF TRUST, INGLUDING THE A5SlGNMENT �F RENTS AND THE SECURfTY INTEREST IN THE RENTS AND
<br /> PERSONAL PR�PERTY. IS G1VEN T� SECURE tAy PAYMENT �F THE IN�EBTEDNE55 AND �Bj PERFDRMANCE �F
<br /> ANY AND ALL OBLIGATIQNS UNDER THE NflTE, THE RELATED �QCUMENTS, AND TH[S DEED �F TRUST. TH15
<br /> DEED �F TRUST �S GIVEN AND ACCEPTED�N THE F�LL�VIIING TERIVIS:
<br /> PAYIV�ENT AN❑ PERF�RMANCE. Except as otherwise pro�ided in this Dsed af Trust, Trustor shall pay tv Lender all
<br /> am�unts secured �y this D�ed ❑f Trust as they be�ome due, and shafl strictly and in a timely manner perfarm all of
<br /> T�ustor's obEigations under the Nflte, this Deed of Trust, and the Related Dacuments.
<br /> P�SSESSIaN AND MAINTENANCE �F THE PRQPERTY. Trustar agrees that Trustor's possession and use of the
<br /> Prope�ty shall be go�erned by the foilawing pro�isions:
<br /> Possession and Use. Until the occurrence of an Event of De#au�t, Trustor may {'I f remain in possessian and
<br /> control of the Property; �2y use, operate or manage the Property; and {3f c�lle�t the Ren�s from the Property.
<br /> Duty to Maintain. Trustor shall mainiain the Praperty in gaod candition and p�omptly per�arm all repairs,
<br /> repEa�ements, and maintenan�e ne�essary to preser�e its �alue.
<br /> Cvmpliance With En�ironmental Laws. Trus�or represents and warrants ta Lender that: �1 f �uring the period of
<br /> Trustor's ownership of the Pr�perty, there has be�n no use, generation, manufacture, stotage, treatment, disposal,
<br /> re�ease ❑r threatened release of any Hazardous Substanc� by any persvn on, under, about or from the Praperty;
<br /> �2� Trustor has no knowledge �f, or reasvn tn beli��e that there has been, except as pre�iou�ly dis�losed to and
<br /> acknvwledged by Lender in writing, �a� any breach or �iolation o# any En�ironmentai Laws, �b� any u�e,
<br /> generatian, manu�acture, starage, tr�atment, disposal, reiease or threatened release of any Hazardous 5ubstance
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