|
WHEN RECORDED MAIL TO:
<br />Equitable Bank
<br />North Locust Branch
<br />113 N Locust St
<br />PO Box 160
<br />Grand Island, NE 68802-0160 FOR RECORDERS USE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $25,500.00.
<br />THIS DEED OF TRUST is dated July 1.r 2017,. among Elvira Lopez Rosales,, whose address is
<br />922 N Pine St, Grand Island, NE 68801; A Single Person ("Trustor"); Equitable Bank, whose
<br />address is North Locust Branch, 113 N Locust St, PO Box 160, Grand Island, NE 68802-0160
<br />(referred to below sometimes as "Lender" and sometimes as " Beneficiary"); and Equitable Bank
<br />(Grand Island Region), whose address. is 113 N Locust St; PO Box 160, Grand Island, NE
<br />68802-0160 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor convoys 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, togethe-r with all existing or subsequently erected or affixed buildings, improvements and fix -tures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights lincluding stock in utilities with
<br />ditch or irrigation rights); 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 Property"') located in Hall County,,
<br />State of Nebraskad.
<br />The Northerly 76 feet of Lot 1, Block 14, Russel Wheeler"s Addition to the City of Grand
<br />Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 922 N Pine St, Grand Island, NE
<br />68801. The Real Property tax identification number is 400120313.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, 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 to Lender a Uniform Commercial Code security 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
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST, THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except 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 MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />PropeTty shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trus -tor may (1� remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and J3� collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs,
<br />replacements, and maintenance necess-ary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants -to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property -
<br />r
<br />(2� Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed -to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, Jb) any use,
<br />generation, manufacture, storage, treatment, disposalr release or threatened release of any Hazardous Substance
<br />on, underr about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened Iffiga-tion or claims of any kind by any person relating to such matters; and (3) Except as previously
<br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other
<br />authorized user of the Property shall use, generate, manufacture, -store, treat, dispose of or release any Hazardous
<br />Substance on, under, about or from the Property; arid (b) any such activity shall be conducted in compliance with
<br />all applicable federal, state, and local laws, regulations and ordinances, including without limitation all
<br />Environmental Laws. Trustor authorizes Lender and its agents to ente'r upon the Property to make such
<br />inspections and tests, at Trustor's expense, as Lender may deem appropriate to determine compliance of the
<br />Property with Thi ' s section of the Deed of Trust. Any inspections or tests made by Lender shall be. for Lender's
<br />purposes only and shall not be construed to create any responsibility or [iabilifty on the part of Lender to Trustor or
<br />to any other person. The representations and warranties contained herein are based on Trustor's due diligence in
<br />investigating the Property for Hazardous Substances. Trustor hereby (1) releases and weives any future claims
<br />-against Lender for indemnity or contribution in the event Trustor becomes liable for cleanup or other costs under
<br />IM
<br />M
<br />Cl)
<br />Z
<br />---I
<br />r-
<br />M
<br />0
<br />>
<br />IM
<br />M
<br />C) 0 --j ;U
<br />--4
<br />0 M
<br />r%j IM
<br />--& OX M
<br />-4 0
<br />C) Z
<br />4�6
<br />C—
<br />C
<br />co
<br />Z -h
<br />c) 0
<br />>
<br />---4 Cl)
<br />0 0
<br />cri I Z>M
<br />Cn
<br />0
<br />Z
<br />IM
<br />c) —
<br />Z
<br />Cn
<br />IM
<br />--4
<br />0 co
<br />M;u
<br />-P�,
<br />al Cn
<br />---I
<br />M;U
<br />M IM
<br />-0
<br />>
<br />Cn ;U
<br />IM C) C)
<br />> CQ
<br />(Yi C:
<br /><0 0 Cl)
<br />r- �
<br />K
<br />X
<br />0
<br />M
<br />0
<br />N)
<br />IM
<br />Z
<br />C)
<br />6
<br />Cl)
<br />Cl)
<br />cri
<br />Z
<br />0
<br />WHEN RECORDED MAIL TO:
<br />Equitable Bank
<br />North Locust Branch
<br />113 N Locust St
<br />PO Box 160
<br />Grand Island, NE 68802-0160 FOR RECORDERS USE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $25,500.00.
<br />THIS DEED OF TRUST is dated July 1.r 2017,. among Elvira Lopez Rosales,, whose address is
<br />922 N Pine St, Grand Island, NE 68801; A Single Person ("Trustor"); Equitable Bank, whose
<br />address is North Locust Branch, 113 N Locust St, PO Box 160, Grand Island, NE 68802-0160
<br />(referred to below sometimes as "Lender" and sometimes as " Beneficiary"); and Equitable Bank
<br />(Grand Island Region), whose address. is 113 N Locust St; PO Box 160, Grand Island, NE
<br />68802-0160 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor convoys 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, togethe-r with all existing or subsequently erected or affixed buildings, improvements and fix -tures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights lincluding stock in utilities with
<br />ditch or irrigation rights); 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 Property"') located in Hall County,,
<br />State of Nebraskad.
<br />The Northerly 76 feet of Lot 1, Block 14, Russel Wheeler"s Addition to the City of Grand
<br />Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 922 N Pine St, Grand Island, NE
<br />68801. The Real Property tax identification number is 400120313.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, 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 to Lender a Uniform Commercial Code security 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
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST, THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except 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 MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />PropeTty shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trus -tor may (1� remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and J3� collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs,
<br />replacements, and maintenance necess-ary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants -to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property -
<br />r
<br />(2� Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed -to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, Jb) any use,
<br />generation, manufacture, storage, treatment, disposalr release or threatened release of any Hazardous Substance
<br />on, underr about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened Iffiga-tion or claims of any kind by any person relating to such matters; and (3) Except as previously
<br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other
<br />authorized user of the Property shall use, generate, manufacture, -store, treat, dispose of or release any Hazardous
<br />Substance on, under, about or from the Property; arid (b) any such activity shall be conducted in compliance with
<br />all applicable federal, state, and local laws, regulations and ordinances, including without limitation all
<br />Environmental Laws. Trustor authorizes Lender and its agents to ente'r upon the Property to make such
<br />inspections and tests, at Trustor's expense, as Lender may deem appropriate to determine compliance of the
<br />Property with Thi ' s section of the Deed of Trust. Any inspections or tests made by Lender shall be. for Lender's
<br />purposes only and shall not be construed to create any responsibility or [iabilifty on the part of Lender to Trustor or
<br />to any other person. The representations and warranties contained herein are based on Trustor's due diligence in
<br />investigating the Property for Hazardous Substances. Trustor hereby (1) releases and weives any future claims
<br />-against Lender for indemnity or contribution in the event Trustor becomes liable for cleanup or other costs under
<br />
|