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rrrr <br />N ~ <br />~ = ~ ~ <br />~ ~ ~ ~ <br />~^ <br />~ <br /> <br />W I I <br /> <br />.P ~ <br />rr <br />~~ <br /> ~: <br />~ ~ ~ ~ ~ C~ 177 <br /> <br /> <br /> 7C m ~~-- --i m CJ ~ <br />m <br />~ ~ <br />~ ~~ <br />g~ Q ` F--- p `n f--* ~ <br /> <br /> <br /> rn ~~ D cx3 <br />- Q (J7 <br /> rn r <br />~ <br /> <br /> <br /> f`~ .-~^.~.. CAD rT1 <br /> GTE ,,,,~ <br /> <br /> <br />T DRI T~t~n ~; Escrow <br />127:"'UISt:E~~~1, 5tsite i00 <br />(7r'rl>:'ra~ tv~ ~ 1'~7 FOR RECORDER'S USE ONLY <br />DEED OF TRUST c~~ <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $8,900.00. G <br />THIS DEED OF TRUST is dated June 2Z, 2D1 D, among CAROLYN BRESEE, A SINGLE PERSON, whose address <br />is 303 NEBRASKA AVENUE, GRAND ISLAND, NE 68801 ("Trustor"); BANK OF THE WEST, whose address is <br />GRAND ISLAND, 3301 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 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 />THE FOLLOWING DESCRIBED REAL ESTATE (AS DEFINED IN NEB. REV. STAT. 76-201) IN HALL <br />COUNTY, NEBRASKA: <br />LOT 161 IN BUENAVISTA SUBDIVISION <br />The Real Property ar its address is commonly known as 303 NEBRASKA AVENUE, GRAND ISLAND, NE <br />68801. <br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving Ilne 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 any one time, not <br />including finance charges nn 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 intennedlate balance. <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 />Cade 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 ANp PERSONAL <br />PROPERTY, 15 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 15 GIVEN ANb ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender ali amounts secured by <br />this heed 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 />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed by the fallowing 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 />