201204264
<br />COMMERCIAE REAE ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST („Security Instrument") is grade on May 11, 2012 by
<br />the grantor(s) Steven T_ Brockhaus, Husband, whose address is 22400 445th St., Humphrey, Nebraska 68642 ,
<br />Amy J. Brockhaus, Wife, whose address is 22400 445th St., Humphrey, Nebraska 68642 , Terrence C.
<br />Brockhaus, Husband, whose address is 44120 250th Ave., Humphrey, Nebraska 68642 , and Stacey R.
<br />Brockhaus, Wife, whose address is 44120 250th Ave., Humphrey, Nebraska 68642 ("Grantor"). The trustee is
<br />Union Bank Bc Trust Company whose address is 3643 South 48th Street, Lincoln, Nebraska 68506 ("Trustee").
<br />The beneficiary is Union Bank c& Trust Company whose address is 3643 South 48th Strcet, PO Box 82535,
<br />Lincoln, Nebraska 68501--2535 ('Lender"), which is organized and existing under the laws of the State of
<br />Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Nine
<br />Hundred Fifty Thousand and 00/100 Dollars ($950,000.00) ("Maximum Principal Indebtedness"), and f©r other
<br />valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee,
<br />in trust, with power of sale, the land and property described below:
<br />Legal Description: Sl/2 N 1/2 SW I/4 ,& N 1/2 S 1/2 SW 1/4 of Section 21, Township 9 North, Range 12
<br />West of the 6th P.M., Hall County, Nebraska.
<br />The S1/2 of the NW1/4 and the SWI14 of Section 19, Township I North, Range 12 West of the 6th P.M_,
<br />Hall County, Nebraska,
<br />Property Size: 320 acres.
<br />Together with all casements, 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 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"y
<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 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"). INCREASED MAXIMUM PRINCIPAL
<br />INDEBTEDNESS; Grantor hereby acknowledges that the principal amount shown above will
<br />automatically be increased by any future advances or other indebtedness of the Grantor to the Lender.
<br />Notwithstanding the foregoing, the parties agree that the total amount which is secured by this Security
<br />Instrument shall not exceed $1,900,00q.- a.B . __W, S i'1-6 (initials)
<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 cinder the note and regardless ofwhether 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 wheresoever incurred.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assiigns, as follows--
<br />Performance
<br />ollows:Performance of obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in accordance with the terns contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor is law€ully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />Property. Grantor covenants Haat the Property is unencumbered and free of all liens, except for encumbrances
<br />of record acceptable to lender. Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule of
<br />exceptions to coverage in any abstract of title or title insurance policy insuring Lender's interest in the
<br />Property.
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