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<br />THIS INSTRiJMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />� � � Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
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<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRANll ISLAND, NE 68801
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRU5T ("Security Instrument") is made on July 20, 2012 by
<br />the grantor(s) KENNETH L TRIPLETT, and KATHLEEN W TRIPLETT, husband and wife, whose address
<br />is 4716 TARA COURT, GRAND ISLAND, Nebraska 68801 ("Grantor"). The trustee is Arend R Baack,
<br />Attorney whose address is P.O. Boz 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home
<br />Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island,
<br />Nebraska 68801 ("Lender"), which is organized and existing under the laws of the United States of America.
<br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of Twenty Thousand
<br />Twenty-five and 50/100 Dollars ($20,025.50) ("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 COUNTI' of HALL, State of Nebraska:
<br />Address: 4060 E Hwy 30, GRAND ISLAND, Nebraska 68801
<br />Legal Description: Lot Two (2), Rief-Standeven Subdivision, Hall County, Nebraska, egcepting a tract of
<br />Land more particulary described in Warranty Deed recorded as Document No. 200308995; ezcepting a
<br />tract of land more particularly descri6ed in Deed of Correcdon recorded as Document No. 200313515; and
<br />excepting a tract of land more particularly described in Correction Deed of Correction recorded as
<br />Document No. 200602390.
<br />Together with all easemettts, 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 properiy), 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 awazds, 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 DOCiJMENTS. 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 Grantor to Lender, howsoever created or arising,
<br />whether primary, secondary or contingent, together with any interest or cha.rges provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument aad all Related Documents
<br />(hereinafter all referred to as the "Itldebtedness").
<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 malce such future advances.
<br />CROSS COLLATERAI.IZATION. 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 arising against the principal dwelling of any Grantor.
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<br />O 20042011 Compliance Systems. Inc. CDBD-F9DA - 2011 L2.0.475
<br />Commerciel Real Estate Security Iostcument - DIA007 Page I of 5 www.compliancesystems.wm
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