Laserfiche WebLink
<br />200706465 <br /> <br />EXCEPT the easterly Two (2.0) feet thereof; and the westerly One Hundred <br />Eighteen (118.0) feet of Block Five (5), Hann's Third Addition, all in the City <br />of Grand Island, Hall County, Nebraska. <br /> <br />TOGETHER with and including all and singular the tenements, hereditaments, <br />appurtenances and privileges thereunto belonging or in anywise appertaining, whether now or <br />hereafter acquired, which shall include, without limiting the generality ofthe foregoing, the <br />following: <br />All of the rents, issues and profits, including all rents, royalties, bonuses and benefits <br />under any existing or future oil, gas or mineral or other leases; all easements and rights of way; <br />all rights of homestead and homestead exemption and any surviving spouse's marital or distribu- <br />tive share, and all other contingent rights in and to said premises; and <br /> <br />All fixtures, improvements, buildings, and the plumbing, heating, ventilating and lighting <br />systems and equipment therein, all of which shall be construed and considered as affixed to and <br />part of the real estate. <br /> <br />All of the foregoing estate, property and interest hereby conveyed to the said Trustee is <br />hereinafter collectively referred to as the "Property." <br /> <br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors and <br />assigns forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly granted <br />unto the said Trustee, Trustee's successors, and assigns for the purpose of securing: <br /> <br />(a) The payment of Trustor's just indebtedness to Beneficiary in the principal sum of <br />Two Hundred Fifty Thousand and no/1 00 dollars ($250,000.00) for money borrowed, with <br />interest thereon, all as evidenced by and in strict accordance with the terms of that certain <br />promissory note hereinafter called the "Note", bearing even date herewith made payable to the <br />order of Beneficiary, executed by Nolberto Nolasco, and providing for the payment of said <br />indebtedness in installments, subject to acceleration of maturity on default in the payment of any <br />installment of principal or interest or in the performance of any covenant, agreement or warranty <br />contained in this Deed of Trust; <br /> <br />(b) The performance of each agreement, covenant and warranty of Trustor herein <br />contained or set forth in the Note or any agreement or instrument executed by Trustor in <br />connection with the indebtedness hereby secured; and <br /> <br />(c) The payment of any sum or sums of money with interest thereon which may be <br />hereafter paid or advanced under the terms of this Deed of Trust. <br /> <br />NOW, THEREFORE, TO PROTECT THE SECURITY OF THIS DEED OF TRUST, <br />Trustor does fl.)r Trustor and for Trustor's heirs, representatives, vendees, successors and assigns, <br />the owners of said Property, hereby expressly covenant, agree and warrant to and with the <br />Trustee and Beneficiary, and their successors, vendees and assigns: <br /> <br />FIRST. That the Trustor hereby covenants and agrees, to the extent permitted by law, as <br />follows: (a) to pay promptly when due the principal and interest and other sums of money <br />provided for in the Note and in this Deed of Trust; (b) to promptly pay before delinquency all <br />taxes, assessments and other charges imposed by law upon the Property, the Trustor's interest <br />therein, or upon this Deed of Trust or the Note; provided, however, that in the event of any <br />change of the law providing for the taxation of deeds of trust or debts thereby secured so as to <br />affect this Deed of Trust, the entire indebtedness secured hereby shall at the option of the <br />Beneficiary become due and payable; (c) to keep the above-described Property and the <br />improvements thereon in good condition and repair and not to commit or suffer waste thereof, <br />and except as authorized in any schedule annexed hereto and forming a part hereof; (d) to <br />maintain and deliver to Beneficiary policies of insurance against such hazards on the buildings <br />and improvements now or hereafter located on or constituting a part of the Property as the <br />Beneficiary shall require, in such companies and amounts and with such loss payable clauses as <br />shall be satisfactory to the Beneficiary; that in the event of loss, Beneficiary is expressly <br />authorized to settle or compromise claims under said policies and the proceeds thereof shall be <br />paid to the Beneficiary who may apply the same or any part thereof on the indebtedness secured <br /> <br />~2~ <br />