<br />
<br />
<br />WHEN RECORDED MAIL TO:
<br />
<br />~a~
<br />. . lRC .M
<br />~ LNUT CREEK. CA 9.:::'
<br />'Jy";-~ ; )L11
<br />
<br />Hd ~l/
<br />RETURN TO FOR RECORDER'S USE ONLY
<br />1j~1 Title & tscrow
<br />12720 I Street, Suite 100
<br />DEED OF TRUST Omaha, NE 68137
<br />
<br />The lien of this Deed of Trust shall not exceed at anyone time $15,900.00.
<br />
<br />% ,0 (.)
<br />
<br />MAXIMUM LIEN.
<br />
<br />THIS DEED OF TRUST is dated October 23, 2007, among TINA M ULLMAN, A SINGLE PERSON, whose
<br />
<br />address is 2138 N GRAND ISLAND AVENUE, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE WEST,
<br />
<br />whose address is GRAND ISLAND, 3301 W STATE STREET. GRAND ISLAND, NE 68803-2305 (referred to
<br />
<br />below sometimes as "Lender" and sometimes as "Beneficiary"); and BANK OF THE WEST. whose address is
<br />
<br />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 ri\lhts, royalties, and profits relatinij 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 />THE EASTERLY SIXTY-THREE (63) FEET OF LOTS ONE (1) AND THREE (3), BLOCK TWENTY-THREE (23),
<br />
<br />COLLEGE ADDITION TO WEST LAWN. IN THE CITY OF GRAND ISLAND, HALL COUNTY. NEBRASKA.
<br />
<br />PARCEL #400035057
<br />
<br />The Real Property or its address is commonly known as 2138 N GRAND ISLAND AVENUE, GRAND ISLAND,
<br />
<br />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 (A) 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 />
|