WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Downtown
<br />370 N. Walnut
<br />Grand Island, NE 68801 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />Re v as
<br />THIS DEED OF TRUST is dated June 7, 2001, among MIGUEL MOLINA, MARIA RIVAS, HUSBAND AND WIFE, S
<br />NOE LUCERO and ROSIE C LUCERO, HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is S0
<br />Downtown, 370 N. Walnut, Grand Island, NE 68801 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE
<br />68802 -1507 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, includingg�
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of
<br />Nebraska:
<br />ALL THAT PART OF LOT FIVE (5) IN BLOCK THIRTY FOUR (34), IN THE ORIGINAL TOWN, NOW CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br />ON THE SOUTH LINE OF SAID LOT 5, A DISTANCE OF 22 FEET 6 INCHES WEST OF THE SOUTHEAST
<br />CORNER OF SAID LOT 5; THENCE IN A NORTHERLY DIRECTION AT RIGHT ANGLES PARALLEL WITH
<br />THE EAST LINE OF SAID LOT 5 A DISTANCE OF 80 FEET; THENCE IN A WESTERLY DIRECTION AT
<br />RIGHT ANGLES, PARALLEL WITH THE SOUTH LINE OF SAID LOT 5, TO THE WESTERLY LINE OF SAID
<br />LOT 5; THENCE IN A SOUTHERLY DIRECTION AT RIGHT ANGLES, PARALLEL WITH THE EAST LINE OF
<br />SAID LOT 5 A DISTANCE OF 80 FEET; THENCE IN AN EASTERLY DIRECTION ALONG THE SOUTH LINE
<br />OF SAID LOT 5 TO THE PLACE OF BEGINNING.
<br />The Real Property or its address is commonly known as 422 W 4TH ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400002752.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />n
<br />= tn
<br />O
<br />°
<br />•-o-
<br />tv
<br />C�-1
<br />N
<br />CD
<br />O
<br />N
<br />N
<br />C")�
<br />f-�
<br />C:) T1
<br />O
<br />c?)
<br />go
<br />%
<br />+,
<br />r-
<br />c.n
<br />(�
<br />U)
<br />w
<br />~
<br />rn
<br />CD
<br />Cn
<br />N
<br />O
<br />Z
<br />W
<br />O
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Downtown
<br />370 N. Walnut
<br />Grand Island, NE 68801 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />Re v as
<br />THIS DEED OF TRUST is dated June 7, 2001, among MIGUEL MOLINA, MARIA RIVAS, HUSBAND AND WIFE, S
<br />NOE LUCERO and ROSIE C LUCERO, HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is S0
<br />Downtown, 370 N. Walnut, Grand Island, NE 68801 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE
<br />68802 -1507 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, includingg�
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of
<br />Nebraska:
<br />ALL THAT PART OF LOT FIVE (5) IN BLOCK THIRTY FOUR (34), IN THE ORIGINAL TOWN, NOW CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br />ON THE SOUTH LINE OF SAID LOT 5, A DISTANCE OF 22 FEET 6 INCHES WEST OF THE SOUTHEAST
<br />CORNER OF SAID LOT 5; THENCE IN A NORTHERLY DIRECTION AT RIGHT ANGLES PARALLEL WITH
<br />THE EAST LINE OF SAID LOT 5 A DISTANCE OF 80 FEET; THENCE IN A WESTERLY DIRECTION AT
<br />RIGHT ANGLES, PARALLEL WITH THE SOUTH LINE OF SAID LOT 5, TO THE WESTERLY LINE OF SAID
<br />LOT 5; THENCE IN A SOUTHERLY DIRECTION AT RIGHT ANGLES, PARALLEL WITH THE EAST LINE OF
<br />SAID LOT 5 A DISTANCE OF 80 FEET; THENCE IN AN EASTERLY DIRECTION ALONG THE SOUTH LINE
<br />OF SAID LOT 5 TO THE PLACE OF BEGINNING.
<br />The Real Property or its address is commonly known as 422 W 4TH ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400002752.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />
|