|
<br /> 10 n ~
<br /> m
<br /> "TI ::I:
<br /> C m
<br /> (') Z n :z:: ,'~,.",-") ~
<br /> '" ..:..:~ .:Jo 0 ("
<br /> 3: E 0 c:~'.:) " C=>
<br /> ~-:> C";> -1
<br /> m ~ "- , c= :J>
<br /> " N
<br />t\J n r' ~~~ Z -I 8-
<br />C5l ~ :J: ',- C::) -I rn
<br /> 0 '" c:::: c::>
<br />C5l ' " -< r"O,,,"',
<br />0) ~ (..0) 0 ar
<br /> ~ 0 -'-"1
<br />....... ~-~\ CO
<br />C5l " --~ 0)
<br /> ,iiI\.... -
<br />C5l ..I, I"q ~
<br />....... -..,.- J~.;Jo' l,', f-'o
<br /> rt'1 ~\ -n
<br />....... t"n :3 ;:u C)
<br /> C',:') , r ;:'~
<br /> (J) \:"\ (Il c::> i
<br /> N 7"
<br /> 't- ~ f-"
<br /> f-" ..................
<br /> W (!) f-" Z
<br /> (;f)
<br /> 0
<br />
<br />~N tU:""Vm.'.... IVI'-IL TQ:
<br />DIfH!"" I ~I:n y .""INtI "
<br />BANK 0," THt '."JEST
<br />P un I::' 8189 rJl r 1-M
<br />WAlNl:ff gRilll.!.. !l<<l96
<br />
<br />RLfthrv
<br />Return to:
<br />DRt Title & Escrow
<br />12000 I Street Bldg 20-100
<br />Omaha, NE 68137
<br />
<br />~tft 5" 0
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $27,000.00.
<br />
<br />THIS DEED OF TRUST is dated October 17, 2006, among JANICE R BUDD, A SINGLE PERSON whose address
<br />is 1407 N PIPER, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE WEST, whose address is GRAND
<br />ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 1450 TREAT BLVD,
<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 />County, State of Nebraska:
<br />
<br />LOT 18, BUHRMAN'S SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />PARCEL #400028794
<br />
<br />The Real Property or its address is commonly known as 1407 N PIPER, 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 (AI PAYMENT OF THE INDEBTEDNESS AND (BI 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 I 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 />
<br />Compliance With Environmental laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment. disposal, release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relating to such matters; and (31 Except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) neither Trustor nor any tenant. contractor, agent or other authorized user of the Property
<br />
|