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<br /> THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br /> Home Federal Savings&Loan Association of Advantage Title Services LLC 31--\ 00
<br /> 1 Grand Island 503 West Koenig 1
<br /> 1 221 South Locust Street GRAND ISLAND,NE 68801
<br /> GRAND ISLAND,NE 68801
<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 August 29, 2014
<br /> by the grantor(s) RIEF DEVELOPMENT, L.L.C., a Nebraska Limited Liability Company, whose address is
<br /> 705 N Webb Road, GRAND ISLAND,Nebraska 68803 ("Grantor"). The trustee is Arend R. Baack,Attorney
<br /> whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal
<br /> Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island,
<br /> Nebraska 68801 ("Lender"), which is organized and existing under the laws of the United States of America.
<br /> Grantor in consideration of loans extended by Lender up to a maximum principal amount of Six Hundred
<br /> Eighty Thousand and 00/100 Dollars (U.S. $680,000.00) ("Maximum Principal Indebtedness"), and for other
<br /> valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee,
<br /> in trust,with power of sale,the following described property located in the County of Hall, State of Nebraska:
<br /> Address:3220-3222 W 13th Street,GRAND ISLAND,Nebraska 68803
<br /> Legal Description:Lot Two(2),Loescher Subdivision,in the City of Grand Island,Hall County,Nebraska
<br /> Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br /> ym, tenements,hereditaments, equipment, rents, income, profits and royalties,personal goods of whatever description
<br /> p and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br /> Maotherwise), 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 /> R7 connection with the above-described real property, payment awards, amounts received from eminent domain,
<br /> '._,"l amounts received from any and all insurance payments,and timber which may now or later be located,situated,or
<br /> r-- affixed on and used in connection therewith(hereinafter called the"Property").
<br /> til
<br /> cli RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
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<br /> xa prior mortgages, prior deeds of trust, prior deeds to secure debt, business loan agreements, construction loan
<br /> 'NC agreements, resolutions, guaranties, environmental agreements, subordination agreements, assignments of leases
<br /> C5 and rents and any other documents or agreements executed in connection with this Indebtedness and Security
<br /> H Instrument,whether now or hereafter existing, including any modifications,extensions,substitutions or renewals of
<br /> any of the foregoing. The Related Documents are hereby made a part of this Security Instrument by reference
<br /> thereto,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 /> 1 indebtedness of any and every kind now or hereafter owing from RIEF DEVELOPMENT, L.L.C. to Home
<br /> Federal Savings & Loan Association of Grand Island, 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").
<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 /> o 2004-2013 Compliance Systems,Inc.46F5-3FAB-2013L2.0.666
<br /> Commercial Real Estate Security Instrument-DL4007 Page 1 of 5 www.compliancesystems.com
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