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<br />' �Ri Titfe & Escraw
<br />12724I Street, Suits I�p
<br />Omat�a N� fi81 FOR R �
<br />�1'�[� 0 �.� � �:
<br />DEED �� TRUST
<br />MAXIMUM LI�N. The lien of this Deed nf Trust shall nvt exceed at any one time $"l3,�0q.00.
<br />THIS DE�� �F TRUST is dated Septemher 3D, 2010, among JAY 5. FEGT�R, A SINGL.� F�ERSON, whose
<br />address is '15228 S 19QTH RD, KENESAW, ME B�95C ("'�rustar"); CiANK �� "FHE W�ST, whase address ➢s
<br />KEAR{��l(, 4407 S�C�NC� AV�NUE, K�ARNEY, hiE 68$�4T-Z411 (referreci ta balaw sometimes �s "Lertder"'
<br />and sprnetimes as "Benefiaiary'"); and BANK OF THE WEST, whose addres� is �14aa TREAT BLVD, WALNUT
<br />CR�EK, CA 94597 (referred t� below as "1"rustee"}. .
<br />C(7NV�YANCE A�[D GFWN7. Far valuabke can�ideratinn, Trustor opnveys to Trustae in trust, Wl7 H pOWER OF SALE, for the benefit of
<br />l.ender ws Benefiaiary, ai! af Trustor's right, ti#le, and In#erest in and to the tollowing described real properiy, tagethar with ali exlsting vr
<br />subsequently erected vr affixed buildings, lmprovements and fixtures; ali sasamer+fs, rights a1 way, and appurtenanc�s; all Water, water
<br />rights and ditch rights ([ncEuding sbock in ut3lities with dikd� ar {rrigaiinro rights); and all o#her rights, r�yaitiss, and prafits reletin to the real
<br />property, fno�uding wikhaut limitafian all minerals, c�ii, gas, geothermal and slrnilar matters, (th@ " Real Prop�rty" fvcat�� }rt HA�.L
<br />County, 5tate of Nebraska:
<br />See SCH��UL� A, which Is attached to this Deed af 'Trust and rnade a part of th#s Daec! nf Trust as if fully
<br />set fcxrth herein,
<br />The Rea! Property ar its address is cornmonly knawn as 152�8 S'190TH RD, KENESAW, NE 68956. The
<br />Rea! Properly tax identiflcation number is 4pQ3'79139.
<br />REVOLVlN(# LINE Ol� CREDIT. Thls pead af 7'rust secures the Indept�dn�ss indudinq, withaut Ifmitativa, � revolvtng line af credit, which
<br />phligates Lender to make advattcas to Trustor sv long as Trustar oomplies wlth all the terms of the Credlt Agreement. Suah edv�nces may
<br />be made, repaid, and remada fram time tc► �ime, sub)eot to the 11mPtatinn that the total qut�t�nding halance owirrg at any ane tlme, r�o!
<br />includinp f�nanaa charges vn auch balance at a iExed or variable rate or sum as pravided 1n the Gr+gdit Agreament, amr ternparary overages,
<br />other charge�, and any amounts expanded or �dvanced as provided !n either the Indelrtedness para�raph or this paragraph, shall nat
<br />axceed the Credit Limit as prov�ded in the Credit Agr�emertt. tt is th� InMMiun af TrusMr and Lendsr that this Dead af Trust seaures the
<br />balancs outstanding under tha Credit Agreament from time to tfine from zero up tn th� Credlt Limit as pravided In the Credit Agreement
<br />aqd �ny Intermedi�te halanas.
<br />Trustar pres�ntly asslpns to i..andet' (also �ctyr�wn as BenefiCiary in this Deed of 7rust) aR pf Trustpl''s right, title, and interest in and to a11
<br />present and future ]eases af the Properfy and all Rants from the Property. In eddition, Trustor grants fQ Lender a llniform Commerctal
<br />Code secur3ty irderest in tha Personal F'roperty and Rents.
<br />THIS pFED OF 7RlIST, lNCi.11pll�{3 THE AS$IC3NN7ENT CF RENT3 AND THE SEGURIlY IPFfERES7' IN tW� R�NTS AND PER50NAL
<br />PitOpERTY, IS GIVEN T� SECU[tE (A) PAYMEN7 DF 7#IE IN�EBTEDNESS AND (6) PERFpRMANGE OF �ACH OF TRLI$TpR'S
<br />AGR��MENTS AND DBlIGATI�NS UND�,tt 'f'�i� CR�DIT AGRE�N{ENT, Ttl� itELATED UOCUM�NTB, ANb 1"H18 D�ED OF TRUS7. THIS
<br />DEED OF TRUST IS 6NEN AND ACCEP"I'Ep ON "1'HE �pL1.OWIt�C3 7'�RM$:
<br />PAYMENT ANb P�RFOIiMANCE. Except as otherwtse prqvided In th+s peed af Trus� Trustar shalE pay to Lender aU amounts secured by
<br />ft�Es Deed of Trust es they becpme due, and shall strictly and (n a timely manner pertprm ali of Trustcr�s obligations under the Credit
<br />Aq�ernant, thls Deed of Trust, snd the Related Daaumen#s.
<br />P�8SESSION AND MAINTEt�ANCE dF 7HE PR�PER'fY. Trustor agrees that Trustpr's possesslon ar►d use of the Property shall be
<br />gnvemed by the foltowing provislans:
<br />Possesslnn and Use. Ur►til the occurrence of an �vertit of C7efault, 7rustar may (9 ) rerrmin in poasessian and cantrol of the Property;
<br />(2) use, aperete or mana�e the Property; and (3) collect the Rents fmm the Property,
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