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THIS INSTRUMENT PREPARED BY:
<br />Union Bank & Trust Company
<br />2008 North Webb Road 0J
<br />Grand Island, NE 68803 %/
<br />AFTER RECORDING RETURN TO:
<br />Union Bank & Trust Company
<br />2008 North Webb Road
<br />Grand Island, NE 68803
<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 December 4, 2013
<br />by the grantor(s) Edwin D Medbery Sr, whose address is 3230 N North Road, Grand Island, Nebraska 68803 ,
<br />and Marilyn I Medbery aka Marilyn Medbery, Husband and Wife, whose address is 3230 N North Road,
<br />Grand Island, Nebraska 68803 ( "Grantor "). The trustee is Union Bank, and Trust Company whose address is
<br />2008 North Webb Road, Grand Island, Nebraska 68803 ( "Trustee "). The beneficiary is Union Bank & Trust
<br />Company whose address is 2008 North Webb Road, Grand Island, Nebraska 68803 ( "Lender "), which is
<br />organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by
<br />Lender up to a maximum principal amount of Sixty -seven Thousand Two Hundred Seven and 70/100 Dollars
<br />($67,207.70) ( "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 land and
<br />property described below:
<br />Legal Description: Lot 18, of the "Ed Ross Subdivision No. 2" of a part of the Northeast Quarter of
<br />Section 2, Township 11 North, Range 10 West of the 6th P.M., Hall County, Nebraska.
<br />Property Size: 14.6 acres.
<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 "). INCREASED MAXIMUM PRINCIPAL
<br />INDEBTEDNESS: Grantor hereby acknowledges that the principal amount shown above will
<br />automatically be increased by any future advances or other Indebtedness of the Grantor to the Lender.
<br />Notwithstanding the foregoing, the parties agree that the total amount which is secured by this Security
<br />Instrument shall not exceed $67,207.70. D . (Initials)
<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.
<br />0 2004-2011 Compliance Systems, Inc. COFO -A707 - 2010LI.15.441
<br />Commercial Real Estate Security Instrument - DL4007
<br />Page 1 of 5 - www.compliancesystems.com
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