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<br />When recorded mail to: /i?(;f ~
<br />FIRST AMERICAN TITLE INSURANCE
<br />LENDERS ADVANTAGE
<br />1228 EUCLID A VENUE, SUITE 400
<br />CLEVELAND,OHI044ll5
<br />ATTN: NATIONAL RECORDINGS ll20
<br />
<br />200602629
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<br />BANKRlEWEST
<br />
<br />DEED OF TRUST
<br />
<br />I1II111111111111111111111 KNOP I K
<br />9064990
<br />FIRST AMERICAN LENDERS ADVANTAGE
<br />DEED OF TRUST
<br />1111111111111111111111111111111111111111111111
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $75,700.00.
<br />
<br />THIS DEED OF TRUST is dated March 14, 2006, among MICHAEL A KNOPIK and CYNTHIA A KNOPIK,
<br />
<br />HUSBAND AND WIFE, AS JOINT TENANTS AND NOT AS TENANTS IN COMMON whose address is 2524
<br />
<br />JAY STREET, 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 />BEING LOT NUMBER 3 BLOCK 5 IN JENKINSON SUBDIVISION, IN THE CITY OF GRAND ISLAND OF HALL
<br />
<br />COUNTY RECORDS.
<br />
<br />The Real Property or its address is commonly known as 2524 JAY STREET, GRAND ISLAND, NE 68803.
<br />
<br />The Real Property tax identification number is 400156679.
<br />
<br />REVOL VING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including. without limitation. a revolving line of credit. which
<br />obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may
<br />be made. repaid. and remade from time to time, subject to the limitation that the total outstanding balance owing at anyone time, not
<br />including finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement. any temporary overages,
<br />other charges, and any amounts expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not
<br />exceed the Credit Limit as provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the
<br />balance outstanding under the Credit Agreement from time to time from zero up to the Credit Limit as provided in the Credit Agreement
<br />and any intermediate balance.
<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 (B) PERFORMANCE OF EACH OF TRUSTOR'S
<br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT. THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE 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 Credit
<br />
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