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<br />WHEN RECORDED MAIL TO:
<br />Bank of Clarks
<br />301 N: 125
<br />P.D. 60X 125
<br />Clarks, HE SM264125 FOR RECORDER'S USE ONLY
<br />DEED 4F TRUST
<br />MAXIMUM LIEN. The Ron of We Deed of Trust shaft not exceed at any one time $100,000.00.
<br />si it ors
<br />THiS DEED OF TRUST iS dated May 17, 2002;.among Otonlet Guzman- Ciniron, JIK an'Tyoint
<br />debtor, whose address, to 512 N. Grace, Grand- Island,,NE 68801 and Maria Jose Crarritlo aka Madeline
<br />Sanditago, as WiWP f%W whose address° Es, 51'2& Grace, Grand Island, NE 68801 ("Trostor" ); Q
<br />Bank of Clarks, whose addrissa Is 301` N. Green, PO Box 125, Clarks, NE 68628.0125 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and 'Bank of Clarks, whose address is 301 N.
<br />Green, P.O. Box 125, Clark, 6$628 -01261 (referred to below as "Trustee'%
<br />CONVEYANCE AND GRANT. For valuable consideration, Ttsn dor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary,: all of Tritons right, fifle, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights . of way, and appurtenances; all water, water rights and
<br />ditch rights (includes stock in utilities with ditch or Irrigation rights); and all other r hts, r allies, and relating to the realpJ�roperty, including
<br />- without limitation all minerals, oil, gas, geothermal and airrular maters, (Ch$ " eel Property" located In Hall GCUnty, State of
<br />Nebraska:
<br />Lot One Hundred Nineteen (119), in Belmont, an Addition to the City of Grand island, Hall County,
<br />Nebraska.
<br />The Real', Property or its address Is commonly known as 612,N. Grace, Grand Island, NE 68801.
<br />FUTURE ADVANCES. Specifically, without Imitation, this heed of Trust secures, m addition to the arnounts specified in to Note, all future
<br />amounts Lender In its ci acretbm may loan to Borrower, together with` alt Interest therew; however; In no event shall such "future advances
<br />(excluxang Interest) exceed in the aggregate $100,000:00.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this,Deed of Trust) all of Trustor's right, tine, and interest In and to all present
<br />and future leases of ft 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 Rams.
<br />THIS DEED OF TRUSTS 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 DOCUMENfS, ANDTHIE DEED OF TRUST, THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Dead of Trust is executed at Borrower's request and not
<br />at the request of Lender;. z (b) Trustor has the full power; right, and authority to enter into this Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Deed of Trust do not conflict with, or, result in a default; under any agreement or ether instrument binding upon Trustor and
<br />do not result in a violation of any law', regulation, cowl dowse or order applicable to Trustor; (d) Trustor has established adequate means of
<br />obtaining from Borrower on a continuing basis infornetio n about Bomo"es fsnanoial condition; and (a) Lender has made no representation to
<br />Trustor about Borrower (including without limitation the creditworthiness of Sorrowor).
<br />TRUSTOR'S WAIVERS, Trustor waives el rights or defenses, arising by reason of any "one action" or "arnfrdefioency' law, or any other law
<br />which may prevent Lender from bringing any action' against Trustor, incluxing a claim lot deficiency to the extent Lender is otherwise entitled to a
<br />` claim for deficiency, before or after Lender's commencement or cornpletlon of any foreclosure action, either Judicially or by exercise of a power of
<br />Seta.
<br />PAYMENT AND PERFORMANCE Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly perform all their respective obligations under r the Note, this Deed of
<br />Trust, and the Related Documents,
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trnskx agree that Borrower's and Trustor's possession and use of the
<br />Property shall be 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; (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 good condition and promptly perform all repairs, replacements, and maintenance
<br />necessary to preserve its value.
<br />Compliance With F.ntvironn"tal Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership of
<br />the Property, there has been no use, generation, manufacture, storage.! treatment d)spoaal, release or threatened release of any Hazardous
<br />Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge Of, o reasws as believe teat there has been,
<br />except as previously disclosed to and acknowledged by Lander in writing, (a) any breach or violation of any Environmental Laws, (b) any
<br />use; generation manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or
<br />from the Property by any prix owners or occupants of the Property, or (c) any actual or threatened Ittigatbn or claims of any kind by any
<br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender in writing, (a). neither Trustor nor.,
<br />any tenant, contractor, agent or other authorized user of the Property shall use, generate manufesture, Stirrer treat, dispose of or release any
<br />Hazardous Substance on, under;: about or from the Properly; and (b) any such activity shat be conducted In compliance with all applicable
<br />federal. state. and local fawn maulations and ordinances -indudino Without lirlftatbn all Environmental Laws. Trustor authorizes Lender and
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<br />tion In him event Trustor
<br />rderagh(nstany and all
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