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<br />COIVSUM RODUCT SERVICING DRI Title & Escrow
<br />P.O. 516
<br />SAWRAMON. CA 83 -5167 13057 W Center Rd S
<br />'A S Omaha, NE 681"
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $7,600.00.
<br />THIS DEED OF TRUST is dated September 8, 2011, among CHAD R MICHEL, MARRIED, whose
<br />address is 223 E 22ND STREET, GRAND ISLAND, NE 68801 ( "Trustor "); BANK OF THE
<br />WEST, whose address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE
<br />68803 -2305 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and
<br />BANK OF THE WEST, whose address is PO BOX 5167, SAN RAMON, CA 94583 (referred to
<br />below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profits relating o the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property) located in HALL
<br />County, State of Nebraska:
<br />LOT TWELVE (12), IN BLOCK ONE (1), IN KNICKREHM SIXTH ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 223 E 22ND STREET, GRAND
<br />ISLAND, NE 68801.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving
<br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the
<br />Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that
<br />the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or
<br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts
<br />expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not exceed the Credit
<br />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
<br />Credit Agreement and any intermediate balance.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercial 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
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
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<br />BAIL TH ST Kt 1 UK 1 U'
<br />COIVSUM RODUCT SERVICING DRI Title & Escrow
<br />P.O. 516
<br />SAWRAMON. CA 83 -5167 13057 W Center Rd S
<br />'A S Omaha, NE 681"
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $7,600.00.
<br />THIS DEED OF TRUST is dated September 8, 2011, among CHAD R MICHEL, MARRIED, whose
<br />address is 223 E 22ND STREET, GRAND ISLAND, NE 68801 ( "Trustor "); BANK OF THE
<br />WEST, whose address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE
<br />68803 -2305 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and
<br />BANK OF THE WEST, whose address is PO BOX 5167, SAN RAMON, CA 94583 (referred to
<br />below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profits relating o the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property) located in HALL
<br />County, State of Nebraska:
<br />LOT TWELVE (12), IN BLOCK ONE (1), IN KNICKREHM SIXTH ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 223 E 22ND STREET, GRAND
<br />ISLAND, NE 68801.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving
<br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the
<br />Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that
<br />the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or
<br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts
<br />expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not exceed the Credit
<br />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
<br />Credit Agreement and any intermediate balance.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercial 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
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
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