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1 1 C) U> C> —1 Z • n (3) THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO: Home Federal Savings & Loan Association of Home Federal Savings & Loan Association of Grand Island J Grand Island 221 South Locust Street , 0 221 South Locust Street GRAND ISLAND, NE 68801 - GRAND ISLAND, NE 68801 (Space Above This Line For Recording Data) COMMERCIAL REAL ESTATE DEED OF TRUST FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED OF TRUST This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on October 12, 2012 by the grantor(s) Monte Schoenstein, and Maurine S. Schoenstein, husband and wife, whose address is 2026 N. Sheridan, GRAND ISLAND, Nebraska 68803 ( "Grantor "). The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ( "Lender "), which is organized and existing under the laws of the United States of America. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Sixty Thousand Forty - four and 00 /100 Dollars ($60,044.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of Nebraska: Address: 1834 N. Grand Island Avenue, GRAND ISLAND, Nebraska 68803 Legal Description: The East Half (E1 /2) of Lot Thirty-Seven (37) and the East Half (E1 /2) of Lot Thirty - Eight (38), in West Lawn, an Addition to the City of Grand Island, Hall County, Nebraska Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures, tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above - described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites, storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in connection with the above - described real property, payment awards, amounts received from eminent domain, amounts received from any and all insurance payments, and timber which may now or later be located, situated, or affixed on and used in connection therewith (hereinafter called the "Property"). RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements, prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions, guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other documents or agreements executed in connection with this Security Instrument whether now or hereafter existing. The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same force and effect as if fully set forth herein. INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a promissory note or notes of even, prior or subsequent date hereto, including future advances and every other indebtedness of any and every kind now or hereafter owing from Borrower to Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness "). FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if such advances were made on the date of this Security Instrument regardless of the fact that from time to time there may be no balance due under the note and regardless of whether Lender is obligated to make such future advances. CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its Indebtedness and obligations to Lender, howsoever arising and whensoever incurred, except any obligation existing or arising against the principal dwelling of any Grantor. WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents, warrants, covenants and agrees with Lender, its successors and assigns, as follows: O 2004-2011 Compliance Systems, Inc. C0BD -4A58 - 2011 L2.0.475 Commercial Real Estate Security Instrument - DIA007 Page 1 of 5 www.compliancesystems.com N CD t v r Cr)