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— <br />� <br />� <br />B � <br />_a � <br />B <br />N � <br />� <br />� <br />B = <br />�� <br />� <br />� <br />� <br />� <br />� <br />� <br />� �'� <br />� � � <br />� 5� <br />THIS INSTRUMENT PREPARED BY <br />Pathway Bank <br />PO Sox 42� <br />Cairo, NE 68824 <br />� � <br />� <br />�� <br />�l <br />r -_; <br />�7 � <br />�--+ <br />a v <br />� ''�� � G ] <br />C7 �" j <br />O . � <br />� `.�.. f� <br />L i }� <br />�_- -r7 <br />r�i _ � <br />.:� <br />-� f`l*� N <br />' e �ti �`�J <br />°°` y <br />�`' " �, - <br />�� ,C_.. 1—� <br />� S <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />PO Bog 428 <br />Cairo, NE 68824 <br />t7 �/) <br />� � <br />C � <br />z <br />� rn <br />`� o <br />O �1 <br />� z <br />S `Ti <br />D �� <br />r �� <br />r n- <br />cn <br />� <br />T'� <br />� <br />cn <br />(Space Above This Line For Recording DaYa) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THLS REAL ESTATE DEED <br />OF TRUST <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on June 7, 2012 by the <br />grantor(s) Henry G. Polak, a single person, whose address is 1316 N. Lafayette Avenue, Grand Island, <br />Nebraska 68803 ("Grantor"). T'he trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 <br />("Trustee"). The beneficiary is Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska <br />68824 ("Lender"), which is organized and existing under the laws of the State of Nebraska. Grantor in <br />consideration of loans extended by Lender up to a maximtun principal amount of Three Hundred Sigty-eight <br />Thousand Nine Hundred Sizty-three and 86/100 Dollars ($368,963.86) ("Maximum Principal Indebtedness"), <br />and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and <br />assigns to Trustee, in trust, with power of sale, the following described property located in the County of Hall, <br />State of Nebraska: <br />N <br />O <br />�� <br />iV <br />� <br />� <br />N <br />CIJ <br />O <br />�� <br />l <br />Address: 1316 N. Lafayette Avenue, Grand Island, Nebraska 68803 <br />Legal Description: Lot Four (4), Block Eleven (11), in Sheridan Place, an Addition to the City of Grand <br />Islaaad, Hall County, Nebra�ka <br />Pazcel ID/Sidwell Number: 400091968 <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 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 "Proper[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 Insttument 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 chazges 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"). <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 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 arising against the principal dwelling of any Grantor. <br />CDBD-BSCS - 2011 L2.0.475 <br />1 of 5 <br />