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<br />THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />306 S. High St.
<br />Cairo, NE 68824
<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />306 S. High S�
<br />Cairo, NE 68824
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED
<br />OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 13, 2012 by
<br />the grantor(s) James R Ford, Trustee of the James R Ford Living Revocable Trust, whose address is 19471
<br />W White Cloud Road, Cairo, Nebraska 68824 , and Louise M Ford, Trustee of the Louise M Ford Living
<br />Revocable Trust, whose address is 19471 W White Cloud Road, Cairo, Nebraska 68824 ("Grantor"). The trustee
<br />is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is
<br />Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is
<br />organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by
<br />Lender up to a maximum principal amount of One Million and 00/100 Dollars ($1,000,000.00) ("Maximum
<br />Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably
<br />grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the
<br />County of Hall, State of Nebraska:
<br />Legal Description: The Northwest Quarter (NWl/4) of Section Twenty-Nine (29), Township Twelve (12)
<br />North, Range Eleven (11) West of the 6th P.M., exluding a tract of land containing 22.233 acres and legally
<br />described as the Westerly 537.0 feet of the Southerly 1,803.48 feet of the West Half of the Northwest
<br />Quarter of Section Twenty-Nine (29), Township Twelve (12) North, Range Eleven (11) West of the 6th
<br />P.M., in Hall County, Nebraska
<br />The Southeast Quarter of Section Nineteen (19), Township Twelve (12) North, Range Eleven (11) West of
<br />the 6th P.M., Hall County, Nebraska
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in
<br />connection with the above-described real properiy, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber which may now or later be located, situated, or
<br />affixed on and used in connection therewith (hereinafter called the "Property").
<br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instrument whether now or hereafter existing.
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising,
<br />whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents
<br />(hereinafter all referred to as the "Indebtedness"). Secured debt includes, but is not limited to, the following:
<br />promissory note dated March 13, 2012, in the amount of $1,000,000.00 and any renewals, extensions or
<br />modifications.
<br />m 2004-ZOl l Complianca Systems, Inc. COF0.F9F9 - 2010L1.15.441
<br />Commarcial Rml Estate Securitv Instrument - DL4007
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