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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 />® 2004 -2012 Compliance Systems, Inc. FCEI -678C - 2011L2.3.504
<br />Commercial Real Estate Security Instrument - DL4007
<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 />c-)
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<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on February 26, 2013
<br />by the grantor(s) Thomas D. Bednar, whose address is 3444 South Stuhr Road, GRAND ISLAND, Nebraska
<br />68801 , and Tami J. Bednar, Husband and Wife, whose address is 3444 South Stuhr Road, GRAND ISLAND,
<br />Nebraska 68801 ( "Grantor "). The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand
<br />Island, Nebraska 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of Grand
<br />Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ( "Lender "), which is
<br />organized and existing under the laws of the United States of America. Grantor in consideration of Loans extended
<br />by Lender up to a maximum principal amount of Six Hundred Seventy -one Thousand and 00 /100 Dollars (U.S.
<br />$671,000.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of which is
<br />acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following
<br />described property located in the County of Hall, State of Nebraska:
<br />Address: 3444 S. Stuhr Road, GRAND ISLAND, Nebraska 68801
<br />Legal Description: Lot One (1), Platte View Subdivision, Hall County, Nebraska
<br />And
<br />All of Plot Number Nine (9), of "Grand Island Farmsteads" Located on the East Half of the Northeast
<br />Quarter (E1 /2NE1 /4) of Section Thirty -four (34), in Township Eleven (11) North, Range Nine (9), West of
<br />the 6th P.M., in Hall County, Nebraska, except: a Southeast corner of said plot Nine (9); thence running
<br />Westerly along and upon the Southerly line of said Plot Nine (9) a distance of Three Hundred Forty (340')
<br />feet; thence running Easterly parallel to the Southerly line of said Plot Nine (9) a distance of Three
<br />Hundred Seventy -Five (375') feet to the Easterly line of said Plot Nine (9); thence running Southerly along
<br />and upon the Easterly line of said Plot Nine (9) a distance of Three Hundred Forty (340') feet to the point
<br />of beginning, Hall County, Nebraska
<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 Thomas D. Bednar and Tami J. Bednar to
<br />Home Federal Savings & Loan Association of Grand Island, howsoever created or arising, whether primary,
<br />secondary or contingent, together with any interest or charges provided in or arising out of such indebtedness, as
<br />well as the agreements and covenants of this Security Instrument and all Related Documents (hereinafter all
<br />referred to as the "Indebtedness").
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