|
��
<br />��
<br />��
<br />-
<br />N �
<br />0
<br />� ��
<br />N �
<br />0
<br />�
<br />� ��
<br />N
<br />��
<br />��
<br />� �
<br />��
<br />-
<br />�
<br />, , t'
<br />�
<br />) �
<br />���
<br />��
<br />THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />PO Box 428
<br />Cairo, NE 68824
<br />� .�
<br />� �_�
<br />�--�
<br />s ^'
<br />m �
<br />ae r � �
<br />�, r
<br />� t� y d �� � `..�a
<br />�t � - �
<br />m � �.7
<br />� �
<br />� m �
<br />� �
<br />o Z.n CC;
<br />�
<br />t� ��-
<br />rr� CI1
<br />O �
<br />N
<br />c� cn
<br />o —�
<br />C �
<br />z rn
<br />�
<br />"� �
<br />o �
<br />- n �
<br />= m
<br />n �
<br />r �
<br />r D
<br />�
<br />�
<br />D
<br />� �
<br />N
<br />�
<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />PO Box 428
<br />Cairo, NE 68824
<br />(Space Above This Line For Recording Data)
<br />COMIV�RCIAL REAL ESTATE DEED OF TRUST
<br />N
<br />O
<br />1"^
<br />N
<br />O
<br />W
<br />��
<br />Cw7
<br />[�.,1
<br />�
<br />w
<br />;A
<br />�
<br />� ��S b
<br />This COMNIERCIAL REAL ESTATB DEED OF TRUST ("Security Instrument'� is made on December 30, 2011
<br />by the grantor(s) John H. Matthes, whose address is 608 Hillside Drive, Cairo, Nebraska 68824 , and Linda K.
<br />Matthes, husband and wife, whose address is 608 Hillside Drive, Cairo, Nebraska 68824 ("Grantor"). The
<br />trustee 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 ma�cimum principal amoutrt of Three Hundred Sixty-eight T6ousand Nine Hundred Sizty-
<br />three and 86/100 Dollars ($368,963.86) ("Maximum Principal Indebtedness"), and for other valuable
<br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust,
<br />with power of sale, the following described property located in the County of Hall, State of Nebraska:
<br />Address: 608 Hillside Drive, Cairo, Nebraska 68824
<br />Legal Description: Lot 11, Centura Hills Subdivision, an Addition to the Village of Cairo, HaU County,
<br />Nebraska
<br />Parcel ID/Sidwell Number: 400373491
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalries, 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 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, consiruction 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 fulty set forth herein.
<br />INDEBTEDNESS. T'his 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 May 28, 2008, in the amount of $368,963.86 and any renewals, extensions
<br />or modifications.
<br />FTJTURE 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 />� 2004-2011 Compliance Sys[ems, Inc. COF0.03CF - 2010L1.15.441
<br />
|