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<br />WHEN RECORDED MAIL TO:
<br />BANK VI'" I HI:: WI:::ST
<br />>>IRCOT S[Rl/ISINC
<br />Jl.O. DV^ 0,&0 Ne; TR[ 91 M
<br />-'NALNU I CRI::I::K, GA l:f40l:fO
<br />
<br />RETURN TO
<br />DRI Title & Escrow
<br />12720 I Street, Suite 100
<br />Omaha, NE 68137
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />1/1- () 0
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $14.000.00.
<br />
<br />THIS DEED OF TRUST is dated May 23. 2007. among VERNON D ROBBINS and KAY L ROBBINS. HUSBAND
<br />AND WIFE. whose address is 404 WYANDOTTE STREET. GRAND ISLAND. NE 68801 ("Trustor"); BANK OF
<br />THE 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 />
<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 relatinQ 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 />THE EASTERLY TWENTY (20) FEET OF LOT FIFTEEN (15) AND ALL OF LOT SIXTEEN (16). IN BLOCK
<br />THREE (3). SECOND ADDITION TO HOLCOMB'S HIGHWAY HOMES SUBDIVISION BEING IN THE
<br />NORTHEAST 1/4 OF THE NORTHEAST QUARTER (NE1/4 NE1/4) OF SECTION TWENTY EIGHT (28).
<br />TOWNSHIP ELEVEN (11) NORTH. RANGE NINE (9). WEST OF THE 6TH P.M.. IN THE CITY OF GRAND
<br />ISLAND. HALL COUNTY, NEBRASKA.
<br />
<br />The Real Property or its address is commonly known as 404 WYANDOTTE STREET. GRAND ISLAND. NE
<br />68801 .
<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 />
<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 />Agreement, this 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 />
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