|
rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> i �o rn �1 �C � �
<br /> o �z � rn Z� � �
<br /> � �� � m �z � �
<br /> c� z� � � � —
<br /> 1' �� o � �ornv � cn
<br /> rn� rn �� � �
<br /> rn� � � =c�r� � �
<br /> �o � � � �
<br /> �� � r�
<br /> �o � .�.� Z
<br /> p� � � �
<br /> C3� Z
<br /> �
<br /> VIrHEN RE�DRDE� MAIL T�:
<br /> Exchan�e Benk
<br /> GI-Allen Dri�a Brench
<br /> 12�4 Al1en Dr
<br /> PD Bvx 5793
<br /> ____ Crand_Isiand.NE 688�2 FDR REC�RDE�i'S USE❑NLY
<br /> �.�,..,,.._,._,_,. _.�.. ,..�..,��_�_,,, ___ ��.�.�,,..,..�,....�,_..�
<br /> DEED �F TRUST
<br /> TH15 DEED �F TRUST is dated February 7, Z�7 7. amvng ELIIA ER L PEREZ. A S�ngle Person
<br /> t"Trustor"y; Exchange B�nk, whvse addr�ss is G! - Allen Dri�e Branch. 12�4 Allen Dr, PD 8ox
<br /> �793. �rand Island. NE s88�� �referred to he�ow svmetimes as "Lender" and sometimes �s
<br /> "Beneficiary"j; and Exchange 8ank, whose address is P�R 76�. G����n. NE ��84� �referred tv
<br /> belaw as "Trustae"j. �
<br /> C�NVEYANCE AND GRANT. Far�aluabla consideration.Trustor can►►eya ta Trustee in trust, WITH P�WER �F SALE,
<br /> far thg benefit of Lender as Beneficiery. all of Trustor's right, t'rtlg, and interest in and to the fvllawing descri�ed rea�
<br /> property� together with all existing vr subsequentiy �re�ted or affixed buildings, impro�ements end #ixtures; a!I
<br /> easements, rights a# way, and appurtenances; all water, water rights and ditch rights �including stock in utilities with
<br /> ditch or irrigation rights�; and all vther rights, roya�ties. and pro#its r�la#in t� the real praperty, including withvut
<br /> �imitatian all minerals, oil, gas, geotherma� and similar mat�ers, �th8 "R�81 �1'� 8 "f �ocated in Hall Count
<br /> P r'tY Y.
<br /> State of Nebraska:
<br /> Parcel A: Lot 4, S�ack 7, George Laan's 5ubdi�isivn in the �ity of Grand Is�and, Hall
<br /> County. Nehraska. �
<br /> Parcel B: The Nvrtherly �5 feet af the East�rly '17 feet�f Lat � and the Nvrtherly S5 feet af
<br /> #he Vllesterly 33 feet of Lot 7, ALL in Bl�ck 2, Lake�isw, �n add�t�on ta the City vf Crand
<br /> island, Hall County, Nebraska.
<br /> The Real Property or its address is commonly known as 1��7 St. Paul Rvad & 47 D S Pine St..
<br /> Grand Island. NE SH8�1.
<br /> CR�SS-CDLLATE#�ALIZATI�N. �n addition to the Nate, this ❑eed o#Trust secures al� ohliga#ions. debts and �iabilities,
<br /> plus interest therean� o#Trustor to L�nde�� or any ane vr m�re of them. as w�il as afl claims by Lender against Tfustor
<br /> �r any one or mare of them, whether now �xisting vr hereafter arising, whether related ❑r unrelated to the purpose of
<br /> the Not�, wheth�r �oluntary ❑r o#herwise, whether due or not due, direct or tndir�c�, determined or undetermined,
<br /> absoiute or contingent, liquida�ed or unliquid�ted. whether Trustor may be liahie indf�idua�ly or jointly w�th others,
<br /> whether obligat�d as guarantor. surety� accommodation party or otherw�se� and whether reco�ery upan such amounts
<br /> may be or her�after may become barred hy any statute of l�m�tations. and whether the obiigation to repay such amoun#s
<br /> may he or hereafter may hecome vtherwise unenfor�eahle.
<br /> REV�LVIN� LINE �F CREDIT. This Desd of Trust sacuras ths Indebtsdness including. withaut limi#atian, a re�ol�in8
<br /> �ine of credit, which ohligatas Lender to make advances tv Trustnr so long as Trustor camplias with all the terms of the
<br /> Nvte.
<br /> FUTURE ADVANCES. In addition ta the Note,this Deed of Trust secures all future ad��nces made by Lender t�Trustor
<br /> whethe� or not the ad�ances are made pursuant tQ a commitment. Specificaily. withflut limitation, this Deed of Trust
<br /> secures. in addition to the amvunts sp�cified in the Note. �II future amounts Lender in its discretion may loan tv
<br /> Trustor, tagether with all interest thereon.
<br /> Trusto� presently assigns to Lender �aiso known as Beneficiary in this Deed vf Trusty all af Trustor's right, title, and
<br /> interes# in and to all present and future leases of the Property end all Rents frvm th� Proper�y. !n addition, Trustor
<br /> grants to Lender a Unifvrm Commercial Cvde secur�ty interest in the Persanal Property and�en#s.
<br /> THlS DEE��F TRUST, INCLIJDING THE A551GNMENT�F RENTS AND THE SECURITY INTEREST IN THE RENTS AN�
<br /> PERSDNAL PR�PERTY. IS GIVEN Tfl SECURE �A� PAYMENT �F THE INDEBTE�NESS AND �Bj PERF�RMANCE❑F
<br /> ANY AND ALL DBLIGATI�NS UNDER THE N�TE, THE RELATED ��CUMENTS, AND THIS DEE� QF TRUST. TH15
<br /> DEED�F TRUST�S GlVEN AND ACCEPTE�DN THE F�LL�WING TERMS:
<br /> PAYMENT AND PERF�RMANCE. Except as oth�rwise prv�ided in this �eed vf Trust, Trustor sha�l pay ta Lender all
<br /> am�unts secured by this Deed vf Trust �s they became �iue, end shall strictly and in a timely manner perfarm all of
<br /> Trustvr's vbf�gations under the Note,this Deed�f Trust, and the R�lated Dv�uments.
<br /> PQSSESS#aN AND MAiNTENANCE �F THE PR�PERTY. Trustor agrees that Trustor's possession and use af the
<br /> Property shall�e go�erned by the fof�owing pra�isions:
<br /> Passession and Use. Until the o�currence of an E�ent of D�fault, Trustor may �1 f remain in pvssessian and
<br /> control of the Property; {�y use. vperate or manage the Property; and �3� col�ect#he Rents frvm the Prvperty.
<br /> Du#y to Maintein. Trustor shall maintain the Property in #er�antable �ondition and pramptly perfarm all repairs.
<br /> r�placem�nts, and maintenance necessary to preser�e its�alue.
<br />
|