Laserfiche WebLink
AFTER RECORDING RETURN TO PREPARER: <br />Pathway Bank <br />P.O. Box 428 <br />306 5 High Street <br />Cairo, NE 68824 <br />,.., rrt, <br />n c im -1 <br />r r_ z N 171 <br />nn © { p <br />a> P N o -n t - C7 <br />1 c-> C m -.0 � <br />m v a © <br />r x <br />A) r- n <br />n co.) --1 <br />C.71 C) to <br />c :c 1 J C <br />W ... -. <br />/.." (1) co <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE <br />DEED OF TRUST <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on <br />e , 2014 by the grantor(s) <br />James R. Ford, Trustee of the James R. Ford Trust, a/k/a James R. Ford Living Revocable Trust; <br />Louise M. Ford, Trustee of the Louise M. Ford Trust, a /k/a Louise M. Ford Living Revocable Trust; <br />Byron S. Ford, Trustee of the Byron S. Ford Revocable Trust <br />Anne M. Ford, Trustee of the Anne M. Ford Revocable Trust <br />The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ( "Trustee "). The <br />beneficiary is Pathway Bank whose address is 306 S High St., PO Box 428, Cairo, Nebraska 68824 <br />( "Lender "), which is organized and existing under the laws of the State of Nebraska. Grantor in <br />consideration of loans extended by Lender up to a maximum principal amount of $3.000,000 ( "Maximum <br />Principal Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, <br />irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described <br />property located in the County of Hall, State of Nebraska. <br />Parcel 1: The Northeast Quarter (NE1 /4) of Section 25, Township 12 North, Range 12, West of <br />the 6th P.M., Hall County, Nebraska, EXCEPT a tract more particularly described in Warranty <br />Deed recorded in Deed Book 118, Page 599 and EXCEPT a tract more particularly described in <br />Warranty Deed recorded as Document No. 200407376; <br />Parcel 2: The West Half of the Southeast Quarter (W1 /2SE1 /4) of Section 25, Township 12 <br />North, Range 12, West of the 6th P.M., Hall County, Nebraska; <br />Parcel 3: A tract of land located in the Northeast Quarter (NE1 /4) of Section 25, Township 12 <br />North, Range 12, West of the 6 P.M., Hall County, Nebraska, being more particularly described <br />as follows: Beginning at the northeast corner of said Northeast Quarter, thence south on the east <br />line of said Northeast Quarter 327.60 feet; thence South 89 49' 32" W a distance of 1,264.42 feet; <br />thence north a distance of 327.60 feet; thence North 89 49' 32" E on the north line of said <br />Northeast Quarter a distance of 1,264.43 feet to the point of beginning EXCEPT a tract more <br />particularly described in Warranty Deed recorded in Deed Book 118, Page 599; <br />Parcel 4: The Northeast Quarter (NE1 /4) of Section 30, Township 12 North, Range 12, West of <br />the 6 P.M., Hall County, Nebraska EXCEPT a certain tract more particularly described in <br />Warranty Deed recorded as Document No. 200303710. <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 <br />description and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, <br />subterranean or otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not <br />appurtenant to the above - described real property), wells, well permits, ditches, ditch rights, reservoirs, <br />reservoir rights, reservoir sites, storage rights, dams and water stock that may now, or at any time in the <br />future, be located on and/or used in connection with the above - described real property, payment awards, <br />amounts received from eminent domain, amounts received from any and all insurance payments, and <br />Page 1 of 8 <br />Initials <br />° <br />&.: <br />,59) <br />