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THIS INSTRUMENT PREPARED BY: <br />Home Federal Savings & Loan Association of <br />Grand Island <br />221 South Locust Street <br />GRAND ISLAND, NE 68801 <br />A fl <br />Z7: <br />Pc <br />l <br />r• j <br />C7 <br />CID <br />m <br />..,, <br />Z. <br />L-) <br />AFTER RECORDING RETURN TO: <br />Home Federal Savings & Loan Association of <br />Grand Island <br />221 South Locust Street <br />GRAND 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 TRUST ( "Security Instrument ") is made on November 15, <br />2012 by the grantor(s) LARRY W FOWLE, whose address is PO BOX 1022, GRAND ISLAND, Nebraska *a single <br />68802 ( "Grantor "). The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, <br />Nebraska 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of Grand Island <br />whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ( "Lender "), which is organized and <br />existing under the laws of the United States of America. Grantor in consideration of loans extended by Lender up <br />to a maximum principal amount of Fifty - five Thousand and 00 /100 Dollars ($55,000.00) ( "Maximum Principal <br />Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, <br />conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the <br />COUNTY of HALL, State of Nebraska: <br />Address: 3027 W Capital Avenue #31 and Garage U; 3027 W Capital Avenue #19 and Garage E, GRAND <br />ISLAND, Nebraska 68803 <br />Legal Description: Suite No. 31 and Garage U, "D" Windsor Square Condominium Property Regime .in <br />Unit 4, Lot 2, Block 8, Replat Continental Gardens, an Addition to the City of Grand Island, Hall County, <br />Nebraska; and <br />SEE ATTACHED EXHIBIT '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 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, 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 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 "). <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 arising against the principal dwelling of any Grantor. <br />® 2004 -2011 Compliance Systems, Inc. CDBD -288E - 2011L2.0.475 <br />Commercial Real Estate Security Instrument - DL4007 Page I of 5 www.complisncesystems.com <br />