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 />s
<br />AFTER RECORDING RETURN TO:
<br />Grand Island Abstract Escrow & Title Co.
<br />704 West 3rd St
<br />Grand Island, NE 68801
<br />0
<br />r—
<br />r
<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 30,
<br />2013 by the grantor(s) Johna M. Niedfelt, an unmarried person, whose address is 3720 State Street Apt. K6,
<br />GRAND ISLAND, Nebraska 68803 ( "Grantor "). The trustee is Arend R. Baack, Attorney whose address is
<br />P.O. Box 790, Grand Island, Nebraska 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan
<br />Association of Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />( "Lender "), which is organized and existing under the laws of the United States of America. Grantor in
<br />consideration of loans extended by Lender up to a maximum principal amount of Two Hundred Fifteen
<br />Thousand and 00 /100 Dollars (U.S. $215,000.00) ( "Maximum Principal Indebtedness "), and for other valuable
<br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust,
<br />with power of sal ollowing described property located in the COUNTY of HALL, State of Nebraska:
<br />Address: 6776 S. �t►ad Bend Rd, Doniphan, Nebraska 68832
<br />Legal Description: The East Half of the Southeast Quarter (E1 /2SE1 /4) of Section Fourteen (14),
<br />Township Ten (10) North, Range Nine (9), West of the 6th P.M., Hall County, Nebraska, EXCEPT a
<br />certain tract more particularly described in Warranty Deed recorded as Document No. 201006603.
<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 Indebtedness and Security Instrument, whether now or
<br />hereafter existing. The Related Documents are hereby made a part of this Security Instrument by reference thereto,
<br />with the same 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 Johna M. Niedfelt to Home Federal Savings
<br />& Loan Association of Grand Island, howsoever created or arising, whether primary, secondary or contingent,
<br />together with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and
<br />covenants of this Security Instrument and all Related Documents (hereinafter all 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.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />0 2004-2012 Compliance Systems, Inc. 1 E54 -F9D9 - 2011 L2.10.551
<br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.compliancesystems.com
<br />
|