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<br />WHEN RECORDED MAIL TO: C
<br />Formers State Bank
<br />2nd and Vine
<br />P. 0. Box 2.is
<br />St on Creek NE 68563-0246 FOR RErnonrq a USE ONLY
<br />DEED OF TRUST
<br />(MAXIMUM LIEN. The lien of this Deed of Trust shali not exceed at any one time $108,446.00.
<br />c'.
<br />THIS DEED OF TRUST is dated August 22, 2002, among Mauricio Garcia, whose address is 1203 East 5th
<br />Sheet, Grand Island, NE 68801; a single person (" Truster" ); Farmers Stale Bank, whose address is 2nd and
<br />Vine, P. 0. Box 246, Sliver Creek, NE 68663 -0246 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary "); and Farmers State Bank, whose address is P. 0. Box 246, Silver Creek, NE
<br />60663 -0246 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Theater Conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender, as aenerlclery, all of Trustor's right, title, and intersai in and to the following oescdbed real property, together with all all or
<br />subsequontbi erccicd or affixed buildings, tntprovements and fe,mill all easements, rights of way, and appudanances; all water, water rights and
<br />iiiii rights including stock in utllltips with ditch or imgation rights)� and all other rights, royalties, and profits relating to tiro real properly, includfn.
<br />-,iF oil rm,faoan all ainua ls, do, gas, Doolhmmal and slmimr matters, (the "Real Property') located in Hall County, State o�
<br />We�I aska:
<br />Lot Five (5), ill Block Eleven (11), in Evans Addition to the City of Grand Island, Hall County, Nebraska
<br />The heal Property or its address is commonly known as 1203 East 5th Street, Grand Island, NE 68801.
<br />CROSS— COLLATEHALIZATION. In addition to tho Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of
<br />Truster in Lender, or any one or more of them, as wall as all claims by Lentler against Truster or any one or more of them, whether now existing
<br />or hereafter arising, whether related or unrelated In the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />iudlruct, dalonnined or urAolormhhed, absolute or corinvont, liquidated or unllquidaled whomor Truster may be liable individually or jointly with
<br />oil en, ,'•,I ,,Iht)r obligated as gunimer, Sumly, aqc inir atlmh party or othumiso, and whothar recovery upon such amounts may be or hereahor
<br />may hanprtlp omrec by any Ytafula of mutations, antl whether the obligation to ropay such amounts may be or hereafter may become otherwise
<br />e,:enfercaaolo.
<br />FIJI IrIE ADVANCES. Spacitcally, without I,mllallon, this Deed of Trust Socuroh, in addition to the amounts specified In the Nate, all fuWre
<br />.ono)ur:I anohrin as discratian may loan to ImoIl together with all Interest Incrust,
<br />; isslor pruseMy assgns to Lander barb known oa Banohohry In Ihls Card o, Trust) all of Trusters right, title, and interest in and to all present
<br />.oid tutus halos of the Pull antl Lill Rants front the Property. In addition, Trustor grunts to Lender a Uniform Cornmereiel Code addenty
<br />intorvsl In tho Personal Properly end Runt.
<br />TIAS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTtl, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (5) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNLIEIn THE NOTE, THE RELATED UOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />,oYri NT AND PERFORMANCE. Except as cawwaa provided in this Land of Trust, Truslor shell Pay to Lender all amounts secured by this
<br />Uvr, . at Trust as Ihey become due, and shall strictly and a a lintel, manner perform sit of Truster 's ab6gatl0ns ender the Note, this Deed of Trust,
<br />to d lh;; :ic:atcd Documents.
<br />tSEfON AND MAINTENANCE OF THE PROPERTY. Tru Trw
<br />slor agrees Vial tor's possession and use or the Property shalt be governed
<br />by Ih c'o,bwin;t provisions'.
<br />�. °.:on and Use. Until tiro accurrence of an Event of Dodulf. Truslor may (1) nation in possession and control of the Propody; (2)
<br />u.,_ co,rafn or manrgo rho Property; and (3) collect the heals Yom the Property.
<br />Duty to Malnter. Truslor shall maintain the Property In good concilar and promptly perform all thermal, replacements. and maintenance
<br />LBaaS9aly to pre,.,Q h5 Vah,a.
<br />Compliance With Environmental Laws. Truslor ropresonis and warrants to Lentler that: (1) During the period of Trustons ownership of
<br />file Properly, there has bean no uso, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />Substance by any person on, under, about or from the Property; (2) Truslor has no knowledge of, or reason to believe that there has been,
<br />r•krupl us pmv,ously darlosed to and acknowledged by Lander In writing, (a) any branch or violation of any Environmental Laws, 0) any
<br />ux, 9ensralian, her ,iji rp, storage, Prurient, disposal, aleaso or threatened relesso of any Hazardous Substance in aide, about or
<br />non, the it oprb Ly any prior owners or occupana of on Properly, or (c) any aeluat or threatened libriallon ar claims of any Kind by any
<br />Poa.cn relulmg to such nhaterai and (3) Except as pim7ausly disclosed to and acknowledged by Lender In wriling, (a) norther Truslor nor
<br />a ^y londai, contmclm, agent or other authonzod user of Ire Properly shall use, generate, manufacture, slam, treat, dispose of or release any
<br />i -man deal Substance on, undeh, about or born Iho, Pwpo,Iy, antl (b) any Such activity shall be conducted in compliance with all applicable
<br />Ih( 1, 'es, and local laws, aagolaaone tad oribrances, including wahout hm.union all Eavlreara l Laws. Luslor ammonites Lender and
<br />IL agarta to enter upon rho Propody to raala such inspections and tests, at Tru,lar's expose, es Lender may deem appropriate to
<br />n comblunca of the Properly with thin section of to Deed of TruS1. Any inspections or tests made by Lender shall be for Lender's
<br />{,arFose; cnly antl v'hall not be conslruod to nr,n, any aesponsitorly or tianday an the part of Lender to Truslor or to any other person. The
<br />_,o!,F'rj, ann t 'bolt ..W ad he.''h 11 ,.ashtl Or, Issue rice di,gence in Investigating file Properly for Hauardow
<br />c , . t r rorcoy ii, nalo,,rl antl y' l - _ y i are lalms against Lender for indantnity or Contribution to rie event Tiustor
<br />r u thick for c eanup or char costs under any sncti laws and (2) agroes to Indemnify and hold harmless Lander against any and Fit
<br />'r"ife" damages, pit hies, a d expenshs which Loodeh nay directly or Indlreclly sustain or suffer resulting from a broach
<br />of Ifia socrji of the Deed of Trust or as a consequOhcc of any use, Bencraa rl manufacture, samSe, disposal, release or threatened
<br />r.o e c,_,, J u, to rriloor s co mrchip or rolurusl in the °rcperry, whether or not Pro some was or should have been known to I rector.
<br />I no provision, of rjps ;cct on of the Data of Trist, including Ito ob1 ghl on to inhumanly, shall survive the payment of the Indeblednasti and
<br />In ^_ satisfaction and recanvcyanco of 'no Ilan of Itas Deed of Trust and Shari not be affected by Lender's acquisition of any Interest to the
<br />Property, wLalher by foreclosure or elhenvlso-
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