|
00000000000000235
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 8120,000.00.
<br />THIS DEED OF TRUST is dated October 31, 2002, among Chanh Banderseck, and Siphanh Bandasack,
<br />husband and wife, whose address is 221 W 4th Street, Grand Island, NE 68801; ( "Trustor"1: Walls Fargo
<br />Bank Nebraska, National Association, whose address is Grand Island -Main, 304 W 3rd St, Grand Island, NE
<br />66801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "]; and Wells Fargo Financial
<br />National Bank, whose address is 1919 Douglas Street, Omaha, NE 68102 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in brand. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Truster's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or minaret buildings, improvements and tizturm, nil easements, rights of Wey, and appartanances; all weed, water
<br />rights and ditch rights (including stock in utilities with ditch or Irrigation rights); and allmhar rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar manors, (the "Real Property") located in Hell
<br />County, State of Nebraska:
<br />Lot Three (3). Block Forty -One (41). Original Town, now City of Grand Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 217 W 4th Street, Grand Island , NE 68801.
<br />Treater presently assigns to Lander (also known as Heneflciery in this Deed of Trust) all of Trustor'¢ right, title, and interest in and to all
<br />present antl future leases of the Property antl 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 />TH16 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 (8) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST 15 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 Dead of Trust as they become do., antl shell strictly and in a timely manner perform all of Toaster's obligations antler the Note, this
<br />Dead of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Truster'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 11) 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 tenantable condition and promptly perform all regale, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Emaronmelaal Laws. Trustor represents and warrens to Lender that: (1) During the period of Truster's ownership
<br />of the Property, there has been no use, generation, manufacture, storatia, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; M Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (e) any breach or violation of any
<br />I
<br />A,
<br />m
<br />b
<br />(S
<br />(1
<br />C
<br />rry
<br />ee
<br />.a
<br />M
<br />n
<br />Ti
<br />CJ
<br />N
<br />� y1
<br />�
<br />T.3
<br />WHEN RECORDED MAIL TO:
<br />Minneapolis Loan Ops Center
<br />Ann: Collateral Processing - Rep III
<br />J
<br />730 2nd Ave. South Suite 1000
<br />'
<br />M" I' MN 554]9
<br />FOR RECORDER'S
<br />USE ONLY
<br />00000000000000235
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 8120,000.00.
<br />THIS DEED OF TRUST is dated October 31, 2002, among Chanh Banderseck, and Siphanh Bandasack,
<br />husband and wife, whose address is 221 W 4th Street, Grand Island, NE 68801; ( "Trustor"1: Walls Fargo
<br />Bank Nebraska, National Association, whose address is Grand Island -Main, 304 W 3rd St, Grand Island, NE
<br />66801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "]; and Wells Fargo Financial
<br />National Bank, whose address is 1919 Douglas Street, Omaha, NE 68102 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in brand. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Truster's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or minaret buildings, improvements and tizturm, nil easements, rights of Wey, and appartanances; all weed, water
<br />rights and ditch rights (including stock in utilities with ditch or Irrigation rights); and allmhar rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar manors, (the "Real Property") located in Hell
<br />County, State of Nebraska:
<br />Lot Three (3). Block Forty -One (41). Original Town, now City of Grand Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 217 W 4th Street, Grand Island , NE 68801.
<br />Treater presently assigns to Lander (also known as Heneflciery in this Deed of Trust) all of Trustor'¢ right, title, and interest in and to all
<br />present antl future leases of the Property antl 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 />TH16 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 (8) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST 15 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 Dead of Trust as they become do., antl shell strictly and in a timely manner perform all of Toaster's obligations antler the Note, this
<br />Dead of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Truster'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 11) 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 tenantable condition and promptly perform all regale, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Emaronmelaal Laws. Trustor represents and warrens to Lender that: (1) During the period of Truster's ownership
<br />of the Property, there has been no use, generation, manufacture, storatia, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; M Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (e) any breach or violation of any
<br />I
<br />
|