N ~
<br />~ ~
<br />CD ~~
<br />~ ~
<br />~~
<br />~~
<br />~~
<br />^
<br />~V~ ~ ~ I
<br />~e~
<br />7 ~ rn 7
<br />
<br />~~ ~ ~
<br />~©
<br />~. ~
<br />0
<br />rn
<br />
<br />a
<br />N
<br />~G
<br />n~
<br />~ ~~
<br />r~
<br />rn
<br />f'1
<br />I'1'1
<br />n
<br />v
<br />N
<br /> ca~-~ ~ m
<br />c~ ~ ~ ~ ~ ^~
<br />m vi ~ c:> "`~ ~ ~'7
<br />n z ~' ~
<br />-~
<br />~ ~
<br />~- ~
<br />y'c ~,
<br /> c ~, ~ ~, v
<br />
<br />
<br /> ~ ~~ ~ ~
<br /> cam ~
<br /> .
<br /> ~,
<br />~, ...~.
<br />~ ~ '~
<br />
<br /> z
<br /> 0
<br />LOAN NUMBER: 16202400
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on August 18, 2009 by
<br />the grantor(s) Adolfo Flores, and Maria Socorro Flores, husband and wife, whose address is 2318 W 15th
<br />Street, Grand Island, Nebraska 6$801 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is
<br />F.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br />Association of Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"), which is organized and existing under the laws of United States of America. Grantor in consideration
<br />of loans extended by Lender up to a maximum principal amount of Two Hundred Eighty-eight Thousand and
<br />00/100 Dollars ($288,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the
<br />receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale,
<br />the following described property located in the County of Hall, State of Nebraska:
<br />Address: 385 N Pine Street, Grand island, Nebraska 68801
<br />Legal Description: Lots One (1), Two (2), Three (3), Four (4), Block Forty-three (43), in Original Town,
<br />now City of Grand Island, Hall County, Nebraska
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, darns and water stock that may now, or at any time in the future, be located on and/or used in
<br />connection with the above-described real property, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber which may now or later be located, situated, or
<br />affixed on and used in connection therewith. (hereinafter called the "Property").
<br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instrument whether now or hereafter existing.
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing from Grantor and LAMEXICANA, INC. to Lender,
<br />howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges
<br />provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security
<br />Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness").
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless of the fact that from time to time there
<br />may be no balance due under the note and regardless of whether Lender is obligated to make such future advances.
<br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />WARRANTIES. Grantor, far itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in accordance with the terms contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />Property, Grantor covenants that the Property is unencumbered and free of all liens, except for encumbrances
<br />of record acceptable to Lender, Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />R9 2(1(14-2009 Complipnce Systems, Inc. 09A4~4A1 D - 2009.04.57
<br />Commercial !teal 8state Security Inslrumenl - DIA007 PaMtl I of 5
<br />www, complianccsystems. cn in
<br />~. ~
<br />
|