|
<br /> '" n ~
<br /> m ~ .r"......:)
<br /> ~ =:>
<br /> (I) ~:=.t
<br /> co
<br />N n Z n % "':~; l...
<br />s ~ 0 '" ~l 't> '.: ~
<br />is :r: c::
<br />CO ~ $!J fT; (I. r-
<br />S (I) '.0) f/--~' I-"
<br />(J) ,... :c +, c.,..!'....
<br />S C) ---~ ..J:
<br /> "
<br />N ~ t,L
<br />CD C'J ~""'~0
<br /> rOll ~, =n
<br /> l!'\ r""l ::3
<br /> C.J K
<br /> (jl f->'
<br /> ('. <=:l
<br /> t-
<br /> U1
<br /> t-'
<br />
<br />"'WnEN RECORDED MJ\ll TO:
<br />~K or THE WEST
<br />91R!CT SERVICING 'R.e.+ bn,\(
<br />A.D. BOX 8189 NC TAli 91 RETURN TO
<br />WALNUT CRrrl( CA 9489.6"l'. .~. "
<br />1U II \: OIl;;~t,;IOW
<br />.~u y ~)~ 11720 I Stre8t, Suite lOQ
<br />Omaha, NE 68137 DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $35,000.00.
<br />
<br />(")^ (/l 0 ~
<br />0 -l rrl
<br />c:> f"'.)
<br />2 -.i :0
<br />-l 01 0 m
<br />-< c> 0
<br />c) -q 0 ~
<br />" ....... 0:>
<br />-r" rll Z
<br />J.... v.J 0 en
<br />r- :;;0 0") -t
<br />r p.. :0
<br /> (f) 0 c::
<br /> :::><: s:
<br /> p.. r0 m
<br />.................... ~
<br /> (f) CD
<br /> (.A Z
<br /> 0
<br /> 45: So
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />THIS DEED OF TRUST is dated June 20, 2008, among SEAN M HANSEN and JANET A HANSEN, HUSBAND
<br />AND WIFE, AS JOINT TENANTS, AND NOT AS TENANTS IN COMMON, whose address is 319 PHEASANT
<br />DRIVE, GRAND ISLAND, NE 68801 ("Trustor"); BANK OF THE WEST, whose address is GRAND ISLAND,
<br />3301 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 1450 TREAT BLVD, WALNUT
<br />CREEK, CA 94597 (referred to below as "Trustee").
<br />
<br />CONVEY ANCE 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 fORTY THREE (43), IN HIDDEN LAKES SUBDIVISION NUMBER TWO, HALL COUNTY, NEBRASKA.
<br />
<br />The Real Property or its address is commonly known as 319 PHEASANT DRIVE. 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 (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) 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 Substa"nce 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 (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 />
|