|
<br />N
<br />S
<br />S
<br />-....J
<br />S
<br />Q:)
<br />Q:)
<br />0)
<br />S
<br />
<br />Q~
<br />I'n '"
<br />n:c
<br />;,;~
<br />!
<br />
<br />~
<br />m
<br />~
<br />Z
<br />o
<br />(I)
<br />
<br />On
<br />~)>
<br />0(1)
<br />,,::c
<br />
<br />...c
<br />!l\
<br />~
<br />
<br />1
<br />
<br />W~All TO,
<br />
<br />~~ CT SER . RE-01-M
<br />WALNUT CREEK. CA 94596
<br />''53 \, I 'O~
<br />
<br />'futEYty'
<br />RETU:;:~1 TO
<br />DRl Tit:e B\ L;crGW
<br />12ii.JII 3l. Ld, Stli:e lOQ
<br />Omaha, NE 68137
<br />DEED OF TRUST
<br />
<br /> r-..:> I
<br /> c.:,:-~..) 0 U'
<br /> ~,;'.~-=- 0
<br /> ~ 0 .-{
<br /> ...................1 c: 1>0- N
<br /> " C"J Z .--1
<br />"., r." '::'J -j rT, C>
<br />rn S;:': -----l -<
<br /> <,,-~)
<br />V"c,t ....... 0 ...., 0 ~
<br />(5 "'\ C1) '1 :;;;;~ -..]
<br />._.~' l
<br />c:,::) t\~ ,. ,...,~ r"f"l -
<br />Pl .; ::0 l> UJ 0 ::J
<br /> I, I :':v ~
<br />r'!1 ~. ::3 co
<br />(::,~i ;, I ;..~....
<br />Ul " ....... en CO
<br /> (\ 0 :;;'" !
<br /> (- 1>0- C1)
<br /> G) '--'-"..........
<br /> CD (/) a
<br /> (fJ ~
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />'/-5.50
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $16,000.00.
<br />
<br />THIS DEED OF TRUST is dated September 28, 2007, among MANUEL VEGA and CA THERN B VEGA,
<br />HUSBAND AND WIFE AS JOINT TENANTS AND NOT AS TENANTS IN COMMON, whose address is 324
<br />LAKE STREET, GRAND ISLAND, NE 68801 ("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 />
<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 ELEVEN (111. IN PALU SUBDIVISION, IN HALL COUNTY, NEBRASKA. PARCEL # 400072807
<br />
<br />The Real Property or its address is commonly known 8S 324 LAKE STREET, GRAND ISLAND, NE 68801.
<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 (B) 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) 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 (cl any actual or
<br />threatened litigation or claims of any kind by any person relating to such matters; and (3) 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 />
|