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<br />WI",U=N RIiCORDED MAIL TO. -
<br />DIRECT SERVICING
<br />BANK OF THE WEST
<br />P.O. BOX 8160 NC- TRE-01-M
<br />WALNUT CREEK. CA 94596
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<br />F1RST AMERICAN TITLE INSURANCE
<br />LENDERS ADVANTAGE
<br />1228 EUCLID A VENUE, SUITE 400
<br />CLEVELAND, OIllO 441 15
<br />A TTN: NA TIONAL RECORDINGS 1 120
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<br />DEED OF TRUST
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<br />45.50
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<br />FOR RECORDER'S USE ONLY
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<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $6,714.00.
<br />
<br />THIS DEED OF TRUST is dated May 25, 2006, among RAMONA L REED, A SINGLE PERSON, whose address
<br />
<br />is 2020 NORTH HOWARD AVENUE, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE WEST, whose
<br />
<br />address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below
<br />
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 1450
<br />
<br />TREAT BLVD, 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 ri9hts, royalties, and profits relatin!,l 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 />A PARCEL OF LAND LOCATED IN THE CITY OF GRAND ISLAND, COUNTY OF HALL, STATE OF
<br />
<br />NEBRASKA, AND KNOWN AS:
<br />
<br />BEING LOT NUMBER 7 BLOCK 18 IN UNIVERSITY PLACE OF HALL COUNTY RECORDS.
<br />
<br />The Real Property or its address is commonly known as 2020 NORTH HOWARD AVENUE, GRAND ISLAND,
<br />
<br />NE 68803. The Real Property tax identification number is 400101092.
<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 IBI 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 (11 remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property.
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