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2012024��
<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 3�
<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 28, 2012 by
<br />the grantor(s) Mark J Hemmer, Husband, whose address is 163 Friend Rd, St Libory, Nebraska 68872 , and
<br />Katina S Hemmer, Wife, whose address is 163 Friend Rd, St Libory, Nebraska 68872 ("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 Hundred Sixty Thousand and 00/100 Dollars ($160,000.00)
<br />("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is aclmowledged,
<br />irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property
<br />located in the County of Hall, State of Nebraska:
<br />Legal Description: The Northwest Quarter of the Northeast Quarter (NWl/4NE1/4) of Section Three (3),
<br />Township Twelve (l2) North, Range Ten (10) West of 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 properly), 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 property, 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 Insirument 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 28, 2012, in the amount of $50,000.00 and any renewals,
<br />extensions or modifications.
<br />FiJTURE 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 tnne to time there
<br />may be no balance due under the note and regazdless 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 />� 2004-201 I Compliance Systems, Inc. COF0.5324 - 2010LI.15.441
<br />Cnmmercinl Renl F.etnte Securitv Instrument - DL4007 PBHe 1 of 5
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