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a <br />v <br />a <br />0 <br />M <br />r <br />M <br />M <br />G_ <br />n <br />M <br />i <br />4 <br />M <br />M <br />–n <br />n � <br />z <br />i N <br />WHEN RECORDED MAIL TO: <br />= <br />b <br />-r3 <br />E—' cn <br />"Your Hometown Bank" <br />z <br />2015 N. Broadwell <br />rn <br />o= <br />P.O. Box 1507 <br />Grand Island, NE 68802 -1507 <br />FOR RECORDER'S USE ONLY <br />O <br />T <br />� <br />W <br />\J ` <br />m �_. <br />_� <br />t. C: :j <br />CD =3 <br />o <br />r n <br />Q <br />ry <br />x <br />n <br />WHEN RECORDED MAIL TO: <br />CAD �-�-- N N <br />Five Points Bank <br />E—' cn <br />"Your Hometown Bank" <br />z <br />2015 N. Broadwell <br />p <br />P.O. Box 1507 <br />Grand Island, NE 68802 -1507 <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $20,000.00. <br />THIS DEED OF TRUST is dated April 10, 2003, among JUAN SOLORZANO, A SINGLE PERSON; REYES <br />SOLORZANO and MARTHA IBAL DE SOLORZANO; HUSBAND AND WIFE ("Trustor"); Five Points Bank, <br />whose address is "Your Hometown Bank ", 2015 N. Broadwell, P.O. Box 1507, Grand Island, NE 68802 -1507 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose <br />address is P.O Box 1507, Grand Island, NE 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 <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL <br />County, State of Nebraska: <br />THE SOUTHERLY THIRTY -THREE (S 33) FEET OF THE NORTHERLY SIXTY -SIX (N 66) FEET OF LOT EIGHT <br />(8) IN BLOCK THIRTY -FIVE (35) IN THE ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 408 N CEDAR ST, GRAND ISLAND, NE 68803. <br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all <br />future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no event shall such future <br />advances (excluding interest) exceed in the aggregate $20,000.00. <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 <br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial <br />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 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 <br />this 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 <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed 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; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. <br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership <br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />I <br />