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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. FCE 1 -E618 - 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 />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED
<br />OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on March 8, 2013 by
<br />the grantor(s) Wilbur B. Kleint, whose address is 2616 S. Cochin, GRAND ISLAND, Nebraska 68801 , and
<br />Sharon K. Kleint, Husband and Wife, whose address is 2616 S. Cochin, GRAND ISLAND, Nebraska 68801
<br />( "Grantor "). The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska
<br />68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of Grand Island whose
<br />address is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender "), which is organized and existing
<br />under the laws of the United States of America. Grantor in consideration of loans extended by Lender up to a
<br />maximum principal amount of Seventy - five Thousand and 00 /100 Dollars (U.S. $75,000.00) ( "Maximum
<br />Principal Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged irrevocably
<br />grants, 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: 2616 S. Cochin, GRAND ISLAND, Nebraska 68801
<br />Legal Description: Lot Eleven (11), Block One (1), Southern Acres Addition, Grand Island, Hall County,
<br />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 Kleint's Building & Const., Inc. to Home
<br />Federal Savings & Loan Association of Grand Island, 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 ").
<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.
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