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Pa V <br />Rwm,o ]SBatlSm' 'O: <br />w ,m�oe ' <br />em,mnR. mo m:aR <br />_.____..... _....... ..�.., FOR RECORDER'S USE ONLY <br />/9Tsv- 8 <br />DEED OF TRUST c <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $17,000.00. <br />O <br />THIS DEED OF TRUST Is dated September 30, 2002, among SERGIO GARCIA and ADELA GARCIA; as <br />Husband and Wife ( "Trustor "); State Farm Bank, F.S.B., whose address is Bank Loan Center, One State <br />Farm Plaza, Bloomington, IL 61710 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and State Farm Bank, F.S.B., whose address is PO Box 419001, St. Louis, MO 63141 <br />(referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benelit of <br />Lender as Beneficiary, all of Trus[or'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 rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the realproperty, Including <br />without imitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of <br />Nebraska: <br />LOT FOUR (4), BLOCK FIFTEEN (15), WALLICH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 1219 W 7TH ST, GRAND ISLAND, NE 68801. The <br />Real Property tax identification number is 400106515 <br />REVOLVING LINE OF CREDIT. Specifically, In addition to the amounts specified In the Indebtedness definition, and without limitation, <br />this Dead of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies <br />with all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the Handal <br />that the total outstanding balance owing at any one time, not Including finance charges on such balance at a fixed or variable rate or sum <br />as provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided in <br />either the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the <br />Intention of Trustor and Lender that this Dead of Trust secures the balance outstanding under the Credit Agreement from time to time <br />from zero up to the Credit Limit as provided in this Dead of Trust and any Intermediate balance. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead of Trust) all of Trustor's right, title, and interest In and to all present <br />and future leases of the 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 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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Truster's obligations under the Credit Agreement, 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 governed <br />by the following provisions'. <br />Possession and Use. Until the occurrence of an Event of Default, Truster 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 />m <br />s <br />r <br />In <br />W <br />C <br />r) <br />I <br />n <br />n <br />z <br />R <br />R <br />o <br />U <br />r <br />IV <br />Ny <br />r <br />F-' <br />b• <br />Pa V <br />Rwm,o ]SBatlSm' 'O: <br />w ,m�oe ' <br />em,mnR. mo m:aR <br />_.____..... _....... ..�.., FOR RECORDER'S USE ONLY <br />/9Tsv- 8 <br />DEED OF TRUST c <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $17,000.00. <br />O <br />THIS DEED OF TRUST Is dated September 30, 2002, among SERGIO GARCIA and ADELA GARCIA; as <br />Husband and Wife ( "Trustor "); State Farm Bank, F.S.B., whose address is Bank Loan Center, One State <br />Farm Plaza, Bloomington, IL 61710 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and State Farm Bank, F.S.B., whose address is PO Box 419001, St. Louis, MO 63141 <br />(referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benelit of <br />Lender as Beneficiary, all of Trus[or'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 rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the realproperty, Including <br />without imitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of <br />Nebraska: <br />LOT FOUR (4), BLOCK FIFTEEN (15), WALLICH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 1219 W 7TH ST, GRAND ISLAND, NE 68801. The <br />Real Property tax identification number is 400106515 <br />REVOLVING LINE OF CREDIT. Specifically, In addition to the amounts specified In the Indebtedness definition, and without limitation, <br />this Dead of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies <br />with all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the Handal <br />that the total outstanding balance owing at any one time, not Including finance charges on such balance at a fixed or variable rate or sum <br />as provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided in <br />either the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the <br />Intention of Trustor and Lender that this Dead of Trust secures the balance outstanding under the Credit Agreement from time to time <br />from zero up to the Credit Limit as provided in this Dead of Trust and any Intermediate balance. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead of Trust) all of Trustor's right, title, and interest In and to all present <br />and future leases of the 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 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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Truster's obligations under the Credit Agreement, 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 governed <br />by the following provisions'. <br />Possession and Use. Until the occurrence of an Event of Default, Truster 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 />