r
<br />l
<br />~ ~'."'
<br />N -::\,
<br /> '~
<br />N ~ ~ ~, ~a n r^ti:
<br /> ~
<br />
<br />~
<br />.
<br />. c
<br />n ; ~
<br />~~ c~ ~-~+
<br />A
<br /> ~
<br />°
<br />4 Z , ~~ C
<br />~ ~.~ r~°I ~ ~ ~ 4 ~ ~ ~ m
<br /> 0
<br />W *i ~:;v iyC = ~ CJ
<br />~ :r'"' V t
<br />~i l~ ~ m
<br />~ -
<br />~"'~ 1 rn ~ ~ te"
<br /> r
<br />~7
<br /> C,u'a ", cn
<br />~,~ ~ ~ ~
<br />
<br /> av
<br />
<br />--- ~ ~~
<br /> w ~,-,
<br />
<br />c~
<br />fv
<br />c~
<br />~"~~
<br />CJ
<br />C7
<br />c.a
<br />U~
<br />w
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Downtown
<br />51$ N Eddy
<br />Grand Island. NE 6$$01 _. FOR RECORDER'S USE ONLY
<br />
<br />r»
<br />m
<br />v
<br />f.1]
<br />Z
<br />~-1
<br />G
<br />m
<br />z
<br />z
<br />O
<br />FIVE PD-NTS ~B~41VK ~
<br />v-1.
<br />DEED OF TRUST `''
<br />MAXIMUM LIEN. The lien of this Deed of Trus# shall not exceed at any one time $48,310.50.
<br />THIS DEED OF TRUST is dated June 2, 2010, among JUAN MUNOZ, A SINGLE PERSON and DELMI
<br />RODRIGUEZ, A SINGLE PERSON ("Trustor"); Five Points Bank, whose address is Downtown, 578 N Eddy ,
<br />Grand Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five
<br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Truster conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor'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
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rightsl; and all other rights, royalties, and profits relatingQ tc the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") IOCated in HALL
<br />County, State of Nebraska:
<br />THE WESTERLY TWO-THIRDS (W 2/3) OF LOT THREE (3), IN BLOCK SIXTY-FOUR 164) IN THE ORIGINAL
<br />TOWN, NOW CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 315 W 3RD STREET ,GRAND ISLAND NE
<br />68801-5940.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the
<br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no
<br />event shall such future advances (excluding interest) exceed in the aggregate 548,310.50.
<br />Trustor presently assigns to Lander (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and all Rents from the Property. In addition, Truster grants to Lender a Uniform Commercial
<br />Cade security 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 ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Truster shall pay to Lander all amounts secured by
<br />this Peed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, 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
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />121 use, operate or manage the Property; and 131 collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Prpperty in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />
|