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<br />_ �maha, N� 68137
<br />D�Eb bF TRU5T
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<br />NIAXIMCJM uEN. The Ifen of this C�ed af Trust shall not exceed at any one time $3�,40q.00.
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<br />THfS �EED �F TRUS'T is dated November 3, ��1D, among JAMES M LAMB�RT, A StNGLE PERSDN, whoss
<br />address is 21G E[]EU4WAR� AVENUE, GRAND ISLAND, �!E 5880'1 ("Trustaw"); BANK OF TH� WEST, whose
<br />addtess is GRAND ISLAND� 33n7 W S'TA7� STR�ET, GRAND ISLAN�, I�E BS$�3-2305 (referred to below
<br />samet�mes as "Lender' and sometimes as "Beneficiary"y; and BANK �F TME WEST, whose address is �tA�S�
<br />7'REAT BLVD, WALNUT CREEK, CA 94�97 (referred ta below as ""Trustee").
<br />CONVEYANCE AND GRAN�'. For vaivabl� consideratian, 7nastar conveys to Trustee in trust, WI'1'H pOWER OF BAtE, for the bene#it af
<br />Lander as Benef�C�ry, al) aF Trustor's right, title, and interaat In and fo d�e following described real property, together with all existing or
<br />suhseq�aently erected or affixed bu3ldings, lmpmvements mnd ttXtu►�s: all e�sem�nts, rights of way, and appurtenances; aii water, water
<br />rlghEs and ditch rfghts (inafudir�g stock in util�i�s with ditch or irrigatian ri�hts�; and all other ri�ghts, royalties, and rattts relatin tp th8 reaf
<br />property, fncludfng withnut [Irnitatinn a!I rninerafs, oiE, gas, geothetmal and similar mattel'e, (ti�i@ " Rea1 Prope l'�l"� �GC��@� In r"�ALL
<br />County, State of Nebraska:
<br />LOT FI�TY (5i�) HAWT'HORNE pLACE, AN ADDITION TQ "!'�1E CITY 0� GRAND ISLANCI, HALL COWNTY,
<br />N�6RA5KA.
<br />The Real Pruperty or its sddress is comm�niy known as 216 � DELAWAR� AV�NUE, GRAND 15LAND, NE
<br />B88p7.
<br />Trustor presently assigns to I�nder (also known as Beneficiary in this Qesd of 7rust) all of Trustar's rlght, tide, and inter�s# in and to al1
<br />pr�s�nt and future feases of the Proparty and atl Ren� from the Prapariy. In addition, Tru�ivr grants ta Lender a Unitvrm Commercia!
<br />Cnde securiry ittter�st In the Perscna! Property and Rents.
<br />THES i1EED OF TRUST, INCLUDING TME AS51f3NMENT OF RENTS ANb TWE SECURI'lY INT�R�S'T IN TH� RENTS AND P�RSONAI.
<br />PRDPERTY, IS GIVEId Tq SECURE (A) PAYNI�N7 ��' 'rME INt]E87EDNE5S ANI] (6► PER�'OR�C� OF ANY AND Al.l. D61.JC�ITiat�tS
<br />UNDER TM� NOT�, THE RELATED pOGUMENTS, AMa THIS p�E� DF•TRWS'C. THIS [?��p OF TRU3T 13 GIV�N ANp ACCEPi"EI� ON 7HE
<br />FbLLOWING T�RAAS:
<br />PAYMENT AND PHRFORMAINCE, Exc�pt as otherwise provided in this Deed of 7rust, Trustvr shel) pay ta Lender all a�nour►ts secured by
<br />this Dsed of Trust as they bec�ne due, and shall strictfy and in a tim�ly manner perform all of Truator's obligatlons under the Nate, this
<br />De�d cf �'rust, and the Ralated bacumen#�.
<br />RpSSE55iON AND �IAfidTENANCE OF TNE PRbPER'PY. Trustor agrees that 7rustbr's passesslnn and use tyf the Property shaEl be
<br />gnvemed by the folfowing provisions:
<br />Posssssion anc! Use. Until the occurrence of an Event of Default, Trustor may (1) remain in p�ssesaion and control'of the Prop�rty;
<br />(2) use, aperate or rrsanage the Prdperty; and (3) onllect the Rents from the Prap�riy.
<br />DUty to IlAair�kafn. 7rustor shAll maintain the Prnperty in good cvndition and promptly perform a!i repairs, replaoements, and
<br />maintenanae nac.essary to preserv� Rs value.
<br />Garnplianee With �nvironmentaE tsw�s. Truator repr�sents and w�rrants to Lender thet: (1) During the period af Trustor's ownership
<br />of tt� Property, there has been no u�e, qeneration, rnar�ufadurE+, stot'age, treatment, dispasal, release or threatoned ralease of any
<br />Fiazardvus 5ubstance by any person an, under, �hout ar from the Praperty; (2) T'rustar has na knawiedqe of, or reason t4 beliave
<br />that there has been, except as previously disclosed to and adcnowledged by Lend�r in writing, (a) any breach or violation of any
<br />Environmental Lawg, (b) any use, aeneratlon, manufacture, storage, treatment, dlspvsal, refease or threatened release of any
<br />Haxardnus Substance on, ur�der, abaut or from tha Rrpperiy by any prior owners or oc�upants aP the Property, ar (c) ar�y actual or
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