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<br />201 � 0 4�9G
<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 CONIlVIERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on May 18, 2012 by
<br />the grantor(s) Randall L Kowalski, also known as Randall Lee Kowalski, a single person, whose address is
<br />264 'A' Road, Grand Island, Nebraska 68801 ("Grantor"). T'he trustee is Pathway Bank whose address is PO
<br />Bog 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank whose address is 306 S High
<br />St, P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and existing under the laws of the State
<br />of Nebraska. Grantor in consideration of loans extended by Lender up to a maximiun principal amount of One
<br />Million and 00/100 Dollars ($1,000,000.00) ("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 and Merricic, State of
<br />Nebraska:
<br />Legal Description: See Attached Ezhibit "A"
<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 properly, 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. T'he words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, conslrucrion loan agreements, resolutions,
<br />guaranties, environmenlal 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. T'his Security Instrument secures the principal amowrt 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 May 18, 2012, in the amount of $192,000.00 and any renewals, eatensions or
<br />modifications.
<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, except any obligation
<br />existing or azising against the principal dwelling of any Grantor.
<br />m 2004-2011 Complience Systems, Inc. CDBD-4DOD - 2011L2.0.475
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