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<br />200700502 <br /> <br />B. All Debts. All present and future debts from Tomas Mateo Pedro, Isabel Domingo Agustin and Tomas <br />Mateo P to Lender, even if this Security Instrument is not specifically referenced, or if the future debt is <br />unrelated to or of a different type than this debt. If more than one person signs this Security Instrument, <br />each agrees that it will secure debts incurred either individually or with others who may not sign this <br />Security Instrument. Nothing in this Security Instrument constitutes a commitment to make additional or <br />future loans or advances. Any such commitment must be in writing. In the event that Lender fails to <br />provide any required notice of the right of rescission, Lender waives any subsequent security interest in the <br />Grantor's principal dwelling that is created by this Security Instrument. This Security Instrument will not <br />secure any debt for which a non-possessory, non-purchase money security interest is created in "household <br />goods" in connection with a "consumer loan," as those terms are defined by federal law governing unfair and <br />deceptive credit practices. This Security Instrument will not secure any debt for which a security interest is <br />created in "margin stock" and Lender does not obtain a "statement of purpose," as defined and required by <br />federal law governing securities. <br />C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security <br />Instrument. <br />5. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in <br />accordance with the terms of the Secured Debts and this Security Instrument. <br />6. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by <br />this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust, <br />with power of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of <br />record. <br />7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or <br />other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Lender any notices that Grantor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under any note or <br />agreement secured by the lien document without Lender's prior written consent. <br />8. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments, <br />ground rents, utilities, and other charges relating to the Property when due. Lender may require Grantor to <br />provide to Lender copies of all notices that such amounts are due and the receipts evidencing Grantor's <br />payment. Grantor will defend title to the Property against any claims that would impair the lien of this Security <br />Instrument. Grantor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Grantor <br />may have against parties who supply labor or materials to maintain or improve the Property. <br />9. DUE ON SALE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately <br />due and payable upon the creation of, or contract for the creation of, any transfer or sale of all or any part of <br />the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. <br />10. WARRANTIES AND REPRESENTATIONS. Grantor has the right and authority to enter into this Security <br />Instrument. The execution and delivery of this Security Instrument will not violate any agreement governing <br />Grantor or to which Grantor is a party. <br />". PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Grantor will keep the Property in good <br />condition and make all repairs that are reasonably necessary. Grantor will not commit or allow any waste, <br />impairment, or deterioration of the Property. Grantor will keep the Property free of noxious weeds and grasses. <br />Grantor agrees that the nature of the occupancy and use will not substantially change without Lender's prior <br />written consent. Grantor will not permit any change in any license, restrictive covenant or easement without <br />Lender's prior written consent. Grantor will notify Lender of all demands, proceedings, claims, and actions <br />against Grantor, and of any loss or damage to the Property. <br />No portion of the Property will be removed, demolished or materially altered without Lender's prior written <br />consent except that Grantor has the right to remove items of personal property comprising a part of the <br />Property that become worn or obsolete, provided that such personal property is replaced with other personal <br />property at least equal in value to the replaced personal property, free from any title retention device, security <br />agreement or other encumbrance. Such replacement of personal property will be deemed subject to the <br />security interest created by this Security Instrument. Grantor will not partition or subdivide the Property <br />without Lender's prior written consent. <br />Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of <br />inspecting the Property. Lender will give Grantor notice at the time of or before an inspection specifying a <br />reasonable purpose for the inspection. Any inspection of the Property will be entirely for Lender's benefit and <br />Grantor will in no way rely on Lender's inspection. <br />12. AUTHORITY TO PERFORM. If Grantor fails to perform any duty or any of the covenants contained in this <br />Security Instrument, Lender may, without notice, perform or cause them to be performed. Grantor appoints <br />Lender as attorney in fact to sign Grantor's name or pay any amount necessary for performance. Lender's right <br />to perform for Grantor will not create an obligation to perform, and Lender's failure to perform will not preclude <br />Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any <br />construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps <br />necessary to protect Lender's security interest in the Property, including completion of the construction. <br />, 3. ASSIGNMENT OF LEASES AND RENTS. Grantor irrevocably assigns, grants, conveys to Lender as <br />additional security all the right, title and interest in the following (Property). <br />A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for <br />the use and occupancy of the Property, including but not limited to any extensions, renewals, modifications <br />or replacements (Leases). <br />B. Rents, issues and profits, including but not limited to security deposits, minimum rents, percentage rents, <br />additional rents, common area maintenance charges, parking charges, real estate taxes, other applicable <br />taxes, insurance premium contributions, liquidated damages following default, cancellation premiums, "loss <br />of rents" insurance, guest receipts, revenues, royalties, proceeds, bonuses, accounts, contract rights, <br /> <br />Novedades La Solomera <br />Nebraska Deed Of Trust <br />NE/4XX284240009371 00005187021 011607Y <br /> <br />@1996 Bankers Systems, Inc., St. Cloud, MN ~ <br /> <br />Initials <br />Page 2 <br />