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<br /> COMMERCIAL REAL ESTATE DEED OF TRUST
<br /> 1'his COMMERCIAI,R�AL L,STATE DEED OF TRUST("Securit��Instrumcnt")is madc on July 22,2011 by
<br /> die grai�tor(s)Three Circle Irrigatioiy Inc.,a Nebraslw CurporaGon,whose address is 2369 Vern llrive,
<br /> Fallbrook California 9202K(°Grantor").The triistee is Union Bank&Trnst Company whose address is 2720
<br /> South 177th 5t,Omaha,Nebraska 68130("Trustee").The beneficiary is Union Bank&Trust Company whose
<br /> address is 2720 South 177th St,Omaha,Nebraska 68130("L.ender"),�vhich is organized and existing under fhe
<br /> laws of the State of Ncbraska. Grantorin considcration of loans extended by Lender up Co a maxunum principal
<br /> amuunt of Four Hundred'1'hirty Thousand Four Hundred Ninety and 94/100 Dollars($430,490.94)
<br /> ("Maxiumm Principal Iudebtedness"),and foi otlrer valuable consideralion,�he receipt of which is acknowledged,
<br /> irrevocably grants,conveys and assigns to Trustee,in trust,urith pnwer nf sale,the fnllowing descrihed property
<br /> located in the County of Hall,State of Tebraska:
<br /> Address:Lot 1&3,Fonner Third Sub,Grand Island,NeUraska 68801
<br /> Legal llesciiption:Lots One(1) and Three(3),I'onner Third Subdivision in the City of Grand Island,Hall
<br /> County,NeUraskfl,EXCEPTING therefrom tracts of land more particularly described in �Varrant,y Deed
<br /> recorded as Instrumeot #82-0(13073, W�rranty Deed rewrded as Instrument #9i-105533 and Warranty
<br /> Deed recorded as Instivment#20031G358.
<br /> Parccl ID/Sidtivell vumber:4001346a2
<br /> Together with all cascmcnts, appurtenances abutdng stree� and alleys, impro��ements, buildings, fixtures,
<br /> tcnccneiits,heiediLaments,equipment,re-nts,income,profits and royalties,personal goods of whacever description
<br /> and all ol]ier iights and pricileges iiicluding all minerals, oil,ges,water(whether ground�vater, subterranean or
<br /> otherwise),�valer iighls(whether riparian,appropriate or othenuise,and whether or not appurteuant to the aUove-
<br /> described rea] prope-rty), wells, well permits, ditches, ditch tighls, reservoirs, reservoir righLs, reservoir si�es,
<br /> storage rights, dams and water stock th�t inay now, or at any tune in the fiiture, be located on and/or use,d in
<br /> connection with the above-described real property, payment awards, amounts received from eminent domain,
<br /> amou�ts received from any and all insurance payments,and timbex which may now nr la�er be]ocated,siLuaied,or
<br /> affixed on xnd used in connection therewith(hereinaffer called the"Property").
<br /> REI.ATED DOCUMENTS.The words "Related Documents" mean all promissory notes,security agreements,
<br /> Prior moxtgages, prior decds of ttust, business loan agreements, construction loan agreements, resoh�tions,
<br /> guaranties, cnvironmenlal agreements,suUordination agreements, assignments of lcascs and renfs and any o[hcr
<br /> documents or agreements executed in counection with tliis Secucity lnslruinen[wheCher now oi hereafler exisling.
<br /> The Related Documents are hereby made a part of this Security Instrument by reference theretn,w-ith the same
<br /> force and effecl as if fully set forth herein.
<br /> INDEBTEDNESS.'1'his Security Instrument secures the principal amount shown above as may be evidenced by a
<br /> promissory note or notes of even, priar or suhsequcnt date hereto, including thture advances and every ofl�er
<br /> indebtedness of any and every kind now or hereafter owing from Crantor and Three Circle I, Inc. to Lender,
<br /> howsocver created or arising, whether primary, secondary or contingent, togather with any interest or charges
<br /> provided in or arising out of such indebCedness, as well as the agreements and covenants of this Security
<br /> I��strument and all Related Docurnents (hereinafter all rcfcrrcd to as tl�e "IndebYedness"). INCI2EASED
<br /> MAXIMUM PRInCIPAL INDEBTEDNESS: Grantur hereby acknowledges that the principal amount
<br /> shown above will automatically be incrcascd b,y an,y fu,�ire�flvances or other lndebtedness of the Grantor
<br /> to the Lender. Notwithstanding the foregoing,the p�rt' .`gree thnt the total amonnt which is secnrod 6,y
<br /> this Security Instrument shall not exceed$860,981.88. L(Initiats)
<br /> FUTURE ADVA�TCES.To the exCent permitted by law,this Security Instrument wil]secure fuhue advances as if
<br /> such advances were made on the date of this Secutity Instrumcnt rcgardlcss of the fact that from time to time there
<br /> may be no balance due mider the nute as�d regardless nf whelher i,ender is obligated to make such fi�ture advance-s.
<br /> CROSS COLLATERALIZATION. It is [he expressed in[ent of Grantor tn crnss collateralize all of its
<br /> Indcbtcdness and obligations to I.ender,howsoever arising and whensoever incurred.
<br /> VVARRANTIES. Grantor, for itself, its heirs, personal tepresentatives, successors, and assigns, represen[s,
<br /> warrants,covenants and agrees with Lender,its�uccessnrs and assigns,�s f�llows:
<br /> �2U0�20�0 CumpGancc Systcu c,lna F9�47�J43A-201G.05365
<br /> Comvucial Ceal G tale Sec�rity In.chume-nt-D7A(I(I7 Pr�e l nY'S www.a�mnlien r..rykten��F.cnm
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