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<br />' DR! ritle � Escrow .
<br />1272�I5�reet, Suit� 100
<br />' �mah� �E 68137 �
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<br />DEEO OF TRUST .
<br />MAXIMUM LIEN. Th� lien c�f ti�is Deed of Trust shaq not exceed at any one time ��E�,D�O.QO.
<br />THIS DEEO OF TRU57 is dated December 29, 2D1d, among R(?Y A DELEQAI, A SINGI.E PERSDN, whose
<br />address is 2�8 RUBY AV�PIU�, GRAND {SLAND, NE 68$03 ("Trustor"); BAI�iC OF THE WEST, whose address
<br />i� GRAND ISLAND, 33p1 W S7'AT� STREE7, GRAND ISI.AND, N� 688D3-2305 (referred to belaw sametimes
<br />as "Lender" and sometimes as "'Beneficiary"); and BANK OF TNE W�ST, whase address is '�450 TR�A7 BLVD,
<br />WAf�NUT CRE�K, CA 94597 (referred ta below as "Tntste�").
<br />G�NV�YANC� ANp GRANT. For valuabfe aansideration, TrusWr oonveys to Trustse in trust, WITH P4VYER OF SALE, for the b�nefit of
<br />Lender as geneticiary, all ot �'rusto�'s right, titie, and irrterest in and to the foliowing descrlbed real praperty, tageth�r wikh alf existing or
<br />subsequently erected ar afflxed buiEdings, improvements and fbctures; ell easemenls, rights of way, and appurtenances; all water, water
<br />rights and ditcFr rights (including stack in utilities wi#h ditch vr irrigatian rights}; and all other rf hts, royalties, and prafits relafin to tha r�al
<br />property including withvut limitation afl minerais, ail, gas, geothermal and simitar mattsrs, (t�� "Rea) Property") located in HALL
<br />Gounty, State af Nebraska: � .
<br />L07 T'WO tZ�� BLOCK THtRTY (30)� OF PAGKER AND BARF't'S SECOMD ADDITION TQ THE C1TY UF
<br />GRAND ISLAND, HALL C011N7Y� N�BRASKA,
<br />The Real Property ar its addr�ss is common�y known as 208 RUBY AVENUE, GRAND 15LAN[], NE 888�3.
<br />Trustor presently assigns ta Lender {also knnwn as �eneflc)ary in thia Deed ot Trust) a11 aF Trustar"s right, titl�, and interest in and ta all
<br />preser�t and future leases vf the Properly and a11 Rents from the Propprty, tn addition, Trust�ar grants fo Lander a Un3torm CarrimercEal
<br />Code securlty intarest ln the F'ersonal Property and Rents.
<br />THIS D�Et7 DF TRtJ97, INCLUqINO 7liE A851GNNI�M' OF RENTS ANp TME SECURITY INT�R�ST IN 7H� RENT$ ANp PERSONAL
<br />PF20PER7Y, I5 GIV�N TO B�CURE (A) PAYM�NT QF '1'l�i� INDEBTEDNESS AN1� (B) PERFORMANCE OF MN,Y AND AL'L OBL.IGATIONS
<br />UHDER THE 1dOTE, THE It�LAT�D DDCUMENTS, AND TF115 QEE� OF TRUST. THIS DEED OF TRUST IS 01VEN AND ACC�pTED QN 1'HE
<br />FDLLDIMNG TERMS:
<br />PAYAAEN'f AND PERFORMANCE. Eaccept as oti�erwise provided in fhis Deed of Trust, Trustvr shatl pay to Lender all amaunts secured by
<br />th�s Deed of Trust as they hecdn'�e due, and sha11 stricdy and in a timely manner perform all of Trustor's obligations under fhe Nate, this
<br />Daed of 7rust, and t1�e Related Documents.
<br />pt�SS�SSIDN AND MAlldTENANCE pF THE PROPEFt7Y. 7rustor agraes th�t Truskor's poss�ssion and use of the Property shall be
<br />gvverned by the folEovuirig provisions:
<br />Passeasion and Use. Until the occurrenae oi an Event of pefault, Trustar may (1) remafi in passession and cantral of the Property;
<br />(�) , use, oper�te nr manage the Property; �nd (3) aotleat the Rents from the i'raperty,
<br />Duty ta Mair►t�in. Trustor shall maintain the Property 3n good aonditi�an and pramp#fy perForm afl repairs, replar,erstents, and
<br />malntan�nce neoessary t4 preserve its valua.
<br />Gampliancg With EmlronmeMal Laws: Tn�stor r�epreser�ts and warrants td Lender that: (1) pur�ng the period of T'rvstor's awnership
<br />of the Property, there has been no use, ger►eratipn, manufacture, storaqe, treatrnent, disposaf, releas� or threatened release of eny
<br />Hazardous Substance by any person or�, under, about or frpm the Prpper�y; (2) Trustar has no knawledge of, or reason to belie�e
<br />that thara has beer�, excepk as praviot�ly disdosed tn and ackriowledped by Lender In writing, (a) any breach vr vicatation of any
<br />Ern,rironmental L.aws, (b) any use, generatbn, manufacture, storage, tre�tment, disposai, r�lease or threatened release af any
<br />Ha�arcfous Substanc� on, under, about ar from the Property by any prlor pwners ar occupattta nf the Property, or (c} any actual or
<br />threatened iftigatfon or claims of any kind. by any person relating to such matters; and (3) �xcept as pravlpusly disdased to and
<br />acknawfed�ad by Lender In writing, (a) . neidter 7rustor nor ar►y tenant, contractor, agent or pther authorixad user of tha Property
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