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<br />THIS INSTRUMENT PREPARED BY
<br />Pathway Bank
<br />346 S. High St.
<br />Cairo, NE 68824
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<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />306 S. I�igh St,
<br />Cairo, NE 68824
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 22, 2012 by
<br />the grantor(s) Loren J Dibbern, Husband, whose address is 15450 W White Cloud Rd, Cairo, Nebraska 68824 ,
<br />and Julie A Dibbern, Wife, whose address is 15450 W White Cloud Rd, Cairo, Nebraska 68824 ("Grantor").
<br />The trustee is Pathway Bank whose address is PO Boz 428, Cairo, Nebraska 68824 ("Trustee"). T'he beneficiary
<br />is Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender°�), which is
<br />organized a.nd existing under the laws of the State of Nebrask�. Grantor in consideration of loans exterided by
<br />Lender up to a maximum principal amount of One Hundred Seventy-five Thousand and 00/100 Dollars
<br />($175,000.00) ("Maximum Principal Indebtedness"), and for other valuable considerarion, the receipt of which is
<br />acknowledged, irrevocably gants, conveys and assigns to Trustee, in trust, with power of sale, 'the following
<br />described property located in the County of Hall, State of Nebraska:
<br />Address: 506 S Nubia St, Cairo, Nebraska 68824
<br />Legal Description: Lot Three (3), Block Three (3), Third Addition to Cairo, 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 deec�s 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 Borrower to Lender, howsoever created or
<br />arising, whether primary, secondary or contingent, together with any interest or charges provided in or arising out
<br />of such indebtedness, as well as the agreements and covenants of this Security Instrument and all Related
<br />Documents (hereinafter all referred to as the "Indebtedness"). Secured debt includes, but is not limited to, the
<br />following: promissory note dated March 22, 2012, in the amount of $7,025.50 and any renewals, extensions
<br />or modificmtions. .
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless of the fact that from time to time there
<br />may be no balance due under the note and regardless of whether Lender is obligated to make such future advances.
<br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />� 2004-2011 Compliance Systems, Ine. COF0.9E58 - 2010L1.15.441
<br />Initials
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