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Suite 100 <br />Omaha, NE 68137 <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />DEED OF TRUST <br /> <br />f'S.50 <br /> <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $31.000.00. <br /> <br />THIS DEED OF TRUST is dated April 19. 2007. among LESLIE E RUGE and ROM A D RUGE. HUSBAND AND <br />WIFE. AS JOINT TENANT~ AND NOT AS TENANTS IN COMMON. whose address is 203 CHESTNUT STREET. <br />ALDA. NE 68810 ("Trustor"); BANK OF THE WEST. whose address is GRAND ISLAND. 3301 W STATE <br />STREET. GRAND ISLAND. NE 68803-2305 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and BANK OF THE WEST. whose address is 1450 TREAT BLVD. WALNUT CREEK. CA 94597 <br />(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 />PART OF BLOCK FOUR (4). OF BROWN'S ADDITION TO THE VILLAGE OF ALDA. HALL COUNTY. <br />NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER <br />OF SAID BLOCK FOUR (4). RUNNING THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID BLOCK <br />FOUR (4). A DISTANCE OF 140 FEET; THENCE EASTERLY PARALLEL WITH THE NORTHERLY LINE OF <br />SAID BLOCK FOUR (4). A DISTANCE OF 50 FEET; THENCE NORTHERLY PARALLEL WITH THE WESTERLY <br />LINE OF SAID BLOCK FOUR (4). A DISTANCE OF 140 FEET; THENCE WESTERLY ALONG THE <br />NORTHERLY LINE OF SAID BLOCK FOUR (4). A DISTANCE OF 50 FEET TO A POINT OF BEGINNING. <br />PARCEL #400173980 <br /> <br />The Real Property or its address is commonly known as 203 CHESTNUT STREET. AlDA. NE 68810. <br /> <br />REVOLVING 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 />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 />