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<br />".~.. ,~~d mail to: ~Jttitw'J\J~JI aellflrh'j
<br />FIRST AMERICAN TItLE lNSU!{ANCE f/
<br />LENDERS AD VANT,1 GE
<br />1228 EUCLID A VENUE, SUITE 400
<br />CLEVHL4ND, OHIO 4411 J
<br />ATTN: NATIONAL RECORDlNGS 1120
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />.::tl.@
<br />
<br />BANKilfEWEST
<br />
<br />...S-o.$o
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $10,000.00.
<br />
<br />THIS DEED OF TRUST is dated April 25, 2006, among DONALD L ARRANTS and MARILYN D ARRANTS,
<br />HUSBAND AND WIFE, AS JOINT TENANTS WITH RIGHTS OF SURVIVORSHIP AND NOT AS TENANTS IN
<br />COMMON, whose address is 2203 RUE DE COLLEGE, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE
<br />WEST, whose address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE 68803-2305
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and BANK OF THE WEST, whose
<br />address is 1450 TREAT BLVD, WALNUT CREEK, CA 94597 (referred to below as "Trustee").
<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 />County, State of Nebraska:
<br />
<br />A PARCEL OF LAND LOCATED IN THE CITY OF GRAND ISLAND, COUNTY OF HALL, STATE OF
<br />NEBRASKA, AND KNOWN AS:
<br />
<br />BEING LOT NUMBER 7 BLOCK 6 IN CONTINENTAL GARDENS, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND OF HALL COUNTY RECORDS.
<br />
<br />The Real Property or its address is commonly known as 2203 RUE DE COLLEGE, GRAND ISLAND, NE
<br />
<br />68803. The Real Property tax identification number is 400038072.
<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 IAI 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 />
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