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BOX 8160 NC- TRE-01-M <br />WALNUT CREEK, CA 94596 <br /> <br />200608026 <br /> <br />(T1 <br />::J <br />ant <br />rv[ <br />0':1> <br />om <br />OJ:; <br /> <br />~I <br />cnff <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />lea 7t:l rf? <br /> <br />DEED OF TRUST <br /> <br />1/&. (jO <br /> <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $41,370.00. <br /> <br />THIS DEED OF TRUST is dated August 28, 2006, among COLETTE A EVANS and MARTIN J EVANS, WIFE <br /> <br />AND HUSBAND, AS JOINT TENANTS AND NOT AS TENANTS IN COMMON, whose address is 1918 NORTH <br /> <br />HOWARD AVENUE, GRAND ISLAND, NE 68803 ("Trustor"); BANK OF THE WEST, whose address is GRAND <br /> <br />ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE 68803-2305 (referred to below sometimes as <br /> <br />"lender" and sometimes as "Beneficiary"); and BANK OF THE WEST, whose address is 1450 TREAT BLVD, <br /> <br />WALNUT CREEK, CA 94597 (referred to below as "Trustee"). <br /> <br />CONVEY ANCE 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 /> <br />County, State of Nebraska: <br /> <br />A PARCEL OF LAND LOCATED IN THE COUNTY OF HALL, STATE OF NEBRASKA, AND KNOWN AS: <br /> <br />BEING LOT NUMBER 7 AND LOT NUMBER 9, BLOCK 23 IN UNIVERSITY PLACE, AN ADDITION TO THE <br /> <br />CITY OF GRAND ISLAND OF HALL COUNTY RECORDS. <br /> <br />The Real Property or its address is commonly known as 1918 NORTH HOWARD AVENUE, GRAND ISLAND, <br /> <br />NE 68803. <br /> <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 />Code security interest in the Personal Property and Rents. <br /> <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND All OBLIGATIONS <br />UNDER THE NOTE. THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOllOWING TERMS: <br /> <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by <br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this <br />Deed of Trust, and the Related Documents. <br /> <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed by the following provisions: <br /> <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br /> <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. <br /> <br />Compliance With Environmental laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership <br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe <br />