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<br />WHE MAIL TO: RETt1RNTO ~~NV "•'
<br />DIRECTS cT pRl Title & Escrow ~n
<br />P. X 81611 NC-THE-01-M ~27~0 ~ StrOet, $UItB lOO
<br />WA 94596 .._ ...,.,..
<br />y' I ~~~ I I VIIIQIIQ, 1~IV vv*r•
<br />~{1. SEED OF TRUST
<br />MAXIMUM LIEN. The Ifen of this Deed of Trust shall not exceed at any one time $54,200.00.
<br />~o.sv
<br />THIS DEED OF TRUST is dated August 20, 2009, among MICHELE L KASPAREK, SINGLE, whose address is
<br />415 S ARTHUR STREET, GRAND ISLAND, NE fi8803 ("Trustor"'); BANK OF THE WEST, whose address is
<br />GRAND ISLAND, 3309 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below sometimes as
<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 />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 Trustar'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 stack 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 />THE FOLLOWING-DESCRIBED REAL ESTATE (AS DEFINED IN NEB. REV. STAT. §7fi-201)
<br />IN HALL COUNTY, NEBRASKA:
<br />LOT THIRTEEN (13) IN BLOCK FIVE (5), IN ASHTON PLACE, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 415 S ARTHUR STREET, GRAND ISLAND, NE
<br />68803.
<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 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 />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 pertarm all of Trustors obligations under the Nato, this
<br />Deed of Trust, and the Related Documents.
<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 />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 (S) collect the Rents from the Property.
<br />Duty to Maintain. Truster shall maintain the Property in good condition and promptly perfprm all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<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 na use, generation, manufacture, storage, treatment, disposal, release ar threatened release of any
<br />Hazardous Substance by any person on, under, about or from the property; (2) Trustor has na knowledge of, or reason to believe
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