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<br />FIRST AMERICAN nrLE INSURANCE (
<br />LENDERS ADVANTAGE
<br />1228 EUCLID A VENUE, SUITE 4(J(J
<br />CLEVh.'LAND,OHI044115
<br />ATTN: NA710NAL RECORDINGS 112(J
<br />
<br />200602354
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<br />BANKRlEWEST
<br />
<br />DEED OF TRUST
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<br />FOR RECORDER'S USE ONLY
<br />1111111 II II \11111111\ 1111 BUHRMAN
<br />8913268
<br />FIRSl AMERICAN LENDERS ADVANTAGE
<br />DEED OF TRUST
<br />\11111111111111\11\\ 1111111\1111111 \ II \\\11111
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $20,000.00.
<br />
<br />THIS DEED OF TRUST is dated March 6, 2006, among LANCE BUHRMAN AND JENNIFER BUHRMAN,
<br />
<br />HUSBAND AND WIFE AS JOINT TENANTS WITH RIGHTS OF SURVIVORSHIP, whose address is 4315
<br />
<br />BLAUVELT ROAD, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE WEST, whose address is GRAND
<br />
<br />ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below sometimes as
<br />
<br />"Lender" and sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 1450 TREAT BLVD,
<br />
<br />WALNUT CREEK, CA 94597 (referred to below as "Trustee").
<br />
<br />CONVEYANCE AND GRANT, For valuable consideration, Trustor 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 rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />
<br />County, State of Nebraska:
<br />
<br />LOT ONE (1) IN BLOCK TWO (2) IN WIESER SUBDIVISION OF THE WEST HALF OF THE SOUTHWEST
<br />
<br />QUARTER (W1/2SW1/4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST
<br />
<br />OF THE 6TH PRINCIPAL MERIDIAN, HALL COUNTY, NEBRASKA.
<br />
<br />The Real Property or its address is commonly known as 4315 BLAUVELT ROAD, GRAND ISLAND, NE 68803.
<br />
<br />Trustor presently assigns to Lender (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, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />
<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 IB) 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 />
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed 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 />
<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 />
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />
<br />Duty to Maintain, Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />
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