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<br />WHEN RECORDED MA L TO �
<br />Platte Valley State Bank 8 Trust Company ',
<br />PVSB Grand Island Branch '
<br />810 Allen Dr �I
<br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated August 8, 2011, among Ismael Arronte a�d Yamara
<br />Rodriguez-Perez, each a single person ("Trustor"); Platte Valley State Bank 8 Trust - Company,
<br />whose address is PVSB Grand Island Branch, 810 Allen Dr, Grand Island, NE 6880I3 (referred
<br />to below sometimes as "Lender" and sometimes as "Beneficiary"); and Platte Valley �5tate Bank
<br />& Trust Company, whose address is 2223 2nd Ave, Kearney, NE 68848 (referred tp below as
<br />"Trustee"). '
<br />CONVEYANCE AND GRANT. For valuable constderatton, Trustor conveys to Trustee in trust, WITH POWER OF 3ALE,
<br />for the beneflt of Lender as Beneflciary, all of Trustor's right, tiUe, and interest in and to the following described real
<br />property, together with all existing or subsequentiy erected or affixed buildings, improvements anc� fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (includfng stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profits relatin to the real property, incl din without
<br />limitation all minerals, oil, gas, geothertnal and similar matters (the ° Real Property IOCBted in H II �ounty,
<br />State of Nebraska: _
<br />LOT TWEL'VE (12j AND THE SOUTH TWO AND FIVE TENTHS (2 OF LOT TEN (10),
<br />BU4GK THREE ��), 91� �C1LL�GE :4DDlT[OI� �� !l�E�T LAlMI�, GL3AMD !�l.AldD,. HAl.L
<br />GOUNTY,.NEBRASKA.
<br />The Real Property or its address is commonly known as 2417 N. Park Ave. , Grand� Island, NE
<br />68803. The Real Properly ta�c identification number is 4000332.08. {
<br />FUTURE ADVANCES. In additfon to the Note, this Deed of Trust secures all future advances made �i Lender to
<br />Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitatipn, this Deed
<br />of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan
<br />to Borrower, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneftclary in this Deed of Trust) all of Trusto�'s ri�ht, title; and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Tnustor
<br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN TH RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERF�RMANOE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF RUST. ITHIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust i executed at
<br />Borrower's request and not at the request of Lender, (b) Trustor has the full power, right, and authori�to enter into
<br />this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not co flict with, or
<br />result in a default under any agreement or other instrument binding upon Trustor and do not result in a violation df any
<br />law, regulation, court decree or order appticable to Trustor, (d) Trustor has established adequate means of obtaining
<br />from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender'�has made no
<br />representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "ar}ti-deficiency"
<br />law, or any other law which may prevent Lender from bringing any acUon against Trustor, includin� a claim for
<br />deficiency to the extent Lender is otherwise entiUed to a claim for deficiency, before or after Lender's co,mmencement
<br />or compleUon of any foreclosure action, either judicrslly or by exeroise of a po�roer of sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay� to Lender all
<br />Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all' their
<br />respective obligations under the Note, this Deed of Trust, and the Related Documents. ',
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's nd Trustor's
<br />possession and use of the Property shall be govemed by the following provisions:
<br />Possesslon and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in p ssession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from th Property.
<br />Duty to Malntain. Trustor shall maintain the Property in good conditlon and promptly perfo all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compllance Wfth Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, trea ent, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously dls�Closed to and
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