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THIS INSTRUMENT PREPARED BY: <br />Pathway Bank <br />306 S High St <br />Cairo, NE 68824 <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 April 3, 2013 by <br />the grantor(s) Arnold K Hinkson, also known as Arnold Hinkson, Husband, whose address is 967 N <br />Burwick Rd, Wood River, Nebraska 68883 , Dawn Hinkson, Wife, whose address is 967 N Burwick Rd, <br />Wood River, Nebraska 68883 , Brian W Hinkson, also known as Brian Hinkson, Husband, whose address is <br />419 Rosewood Cir, Grand Island, Nebraska 68803 , and Lori Hinkson, Wife, whose address is 419 <br />Rosewood Cir, Grand Island, Nebraska 68803 ( "Grantor "). The trustee is Pathway Bank whose address is PO <br />Box 428, Cairo, Nebraska 68824 ( "Trustee "). The beneficiary is Pathway Bank whose address is 306 S High <br />St, P 0 Box 428, Cairo, Nebraska 68824 ( "Lender "), which is organized and existing under the laws of the State <br />of Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Four <br />Hundred Sixty - five Thousand Eight Hundred Fifty and 00 /100 Dollars (U.S. $465,850.00) ( "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 />Legal Description: The Southeast Quarter (SE1 /4) of Section Thirty (30), Township Twelve (12) North, <br />Range Eleven (11) West of the 6th P.M., 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 Arnold K Hinkson, Hinkson Brothers <br />Partnership, and Brian W Hinkson to Pathway Bank, 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 "). Secured debt includes, but is not limited to, the following: promissory <br />note dated April 3, 2013, in the amount of $465,850.00 and any renewals, extensions or modifications. <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 />0 2004 -2012 Compliance Systems, Inc. FCEI -94EE - 2011L2.3.504 <br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.comp liancesystema.com <br />Initials <br />201302732 <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />306 S High St <br />Cairo, NE 68824 <br />