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<br /> DEED OF TRUST
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<br /> THIS DEED -)F TRUST. made this 2 t". da, at-- December _ 2000 n
<br /> by and an-ongµ Oscar E. Bautista Sanchez, and Guadl.upe Otero husband and wife
<br /> herein "Trustor"); and Jerri J. ililn r., a member of Nebraska Bar Association
<br /> ^Nhose mailing address is 1503 W. 2nd Street. , PO Box 1068_
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<br /> Grand Island NE 68803
<br /> (herein 'Trustee"): and,__Associates Financial Services Company Inc.
<br /> who, mailing address is 2014 N Lawrencc Lane, Grand Tsland NE 65803
<br /> (herein 'Beneficiary"),
<br /> f7 OR VALUABLE CONSIDERATION, Trustor irrevocably grants, transfr-rs, conveys and assigns to Trustee, IN TRUST, WITH
<br /> POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the
<br /> C!:av:inq described real property, located in Ha11__ County, Nebraska:
<br /> All, that certain property situated in Grand Island in the County of ,11811 and
<br /> State of Nerraska and being described in a deed dated 06/22/99 and recorded
<br /> 08/06/99, 2.mong the laud records of the county and state set forth above,
<br /> and referenced as follows:
<br /> Book 99-107945
<br /> Lot Three (3), Block Fifteen (15), H.G. Clark's Addition, Hall County,
<br /> Nebraska.
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<br /> TOGETHER M TH., all ren'.s, profilt;, royalties, income and other benefits derived from the real property; all leases or subleases
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<br /> rovering the real property or any por.ion thereof. now or hereafter existing or entered into, and all right, title and interest of "i rustor j
<br /> thereunder; all interests, estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in the real I
<br /> property; all easements, rights-of-way, tenements, hPreditaments and appurtenances thereof and thereto; all oil and gas rights and !
<br /> profits, water rights and water stock; all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying
<br /> within the right-of-way of acy street or highway adjoining the real property; any and all buildings, fodures, improvements, and
<br /> appurtenances row or herr_after erected thereon or belonging thereto, (herein referred to as "Improvement' or "Improvements'); and
<br /> nny and ill aNards made 'or the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part
<br /> of the rea! pro, crty. All of the fcrogo!ng estate, property and interest conveyed to Trustee herein collectively referred to as the
<br /> "Pre perty"
<br /> FOR THE PURPOSE OF SECURING,:
<br /> The payment of indebtednr.•ss evidenced by Trustor's note of even date herewith in the principal sum of _ Fifteen
<br /> _~Tl7Al~Fr$Fld h-tr-44F~n~r~~1 x ts~on -rl (1(gl- Dollars
<br /> together with interest at the rate or rates provided therein, or the principal and interest on any future advances evidenced by
<br /> aromisscry nolec str.rng they; are secured hereby, (herein "Note" or "Notes") and any and all renewals, modifications and extensions
<br /> of such Note, both principai e,nd interest on the Note being payable it accordance with the terms set forth therein, reference to which
<br /> is hereby made,
<br /> (b) The perfurmar,::e of each agreement and covertar;t of Trustor herein contained; and
<br /> ;c) The payment cf ,ny sum or gums of money with interest thereon which may be hereafter paid or 2dvanced under the terms of this
<br /> Used of Trust.
<br /> A. To PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUS TOR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br /> t. PAYM -Itir OF PRINCIPAL AND INTEREST. Trustor shall promptly pay when due the principal of and interest on the
<br /> rdr~b!edn^ss ovid[±nced by the Note, and all other charges and fees as provided in tho Note, and the principal of and interest on any
<br /> F ,;,urr: Advr;nces secured by this Deed of Trust-
<br /> 2 VvARRANT'Y OF TITLE. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property
<br /> hc;!rrby co :vey~d and has than, r gh: to grant and convey the Property; the Property is free arrd clear of all lien3 and encumbrances
<br /> Pxe_~t ! cn lour of :eccid, nrd "rustor will warrant and defon 1 the title to the Property against all claims and demands.
<br /> 3. MAIN ( ENA,NCE AN.) COMPLIANCE WITH LAWS. 7rustor shall keep the Property in good repair and cond!tion and shall not
<br /> commd waste or permit rnpn rment or deterioration of the Property and shall comply with the provisions of any lease if this Deed of
<br /> Trust is on ii leas rhold. No improvement now or hereafter erected upon the Property shall be altered, removed or demolished without
<br /> the prior written crnaent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and
<br /> :es'riclions affeoCnq the Property and not commit. suffer or permit any act to be done in or upon the Property in violation of any law,
<br /> ordinance. •e^;,lotion, covenant. cenditior or restriction. Trustor shall complete or restore promptly and in good workmanlike manner
<br /> any irnprov-rn,-7t on the Property which mny be dzrneged or destroyed and pay, when due. all claims for labor performed and
<br /> ;hereforo and for an,!, alter:;on Cr~rea'
<br /> T~/!URIGINAL (t) j
<br /> gar ,r~,: _11 0RRC! /l CO 7Y (t) ;2ALa
<br /> RFT~NI"7pN C013Y (1)~
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