Laserfiche WebLink
THIS INSTRUMENT PREPARED BY: <br />Pathway Bank <br />POBox428 <br />Cairo, NE 68824 <br />r <br />m v, <br />n x <br />CO <br />r r j <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />PO Box 428 <br />Cairo, NE 68824 <br />(Space Above This Line For Recording Data) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED <br />OF TRUST <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on September 3, 2014 <br />by the grantor(s) Mark F Zechmann, also known as Mark Zechmann, Husband, whose address is 3026 E 1- <br />R Road, Grand Island, Nebraska 68801 , and Sandra K Zechmann, Wife, whose address is 3026 E 1 -R Road, <br />Grand Island, Nebraska 68801 ( "Grantor "). The trustee is Pathway Bank whose address is PO Box 428, Cairo, <br />Nebraska 68824 ( "Trustee "). The beneficiary is Pathway Bank whose address is 306 S High St, P 0 Box 428, <br />Cairo, Nebraska 68824 ( "Lender "), which is organized and existing under the laws of the State of Nebraska. <br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of Fifty - three <br />Thousand and 00 /100 Dollars (U.S. $53,000.00) ( "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 sale, the following described property located in the Counties of Hall and Buffalo, State of <br />Nebraska: <br />Legal Description: Parcel 1: Lot Seven (7), dock Four (4), South Grand Island, an Addition to the City of <br />Grand Island, Hall County, Nebraska <br />Parcel 2: Lot One (1) and the East Eleven (11) feet of Lot Two (2), Block One Hundred Twenty Eight (128) <br />in the Union Pacific Railway Company's Second Addition to the City of Grand Island, Hall County, <br />Nebraska <br />Parcel 3: Lot Three (3), Block Ten (10), Voitle's Addition to the City of Grand Island, Hall County, <br />Nebraska <br />r( Parcel 4: Lot Twelve (12), Block Twenty Six (26), in the Original Town of Ravenna, Buffalo County, <br />Nebraska <br />4 Parcel 5: Lot Nine (9) and the South Half (S1/2) of Lot Ten (10), Block Seventeen (17), Original Town of <br />Ravenna, Buffalo 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, prior deeds to secure debt, business loan agreements, construction loan <br />agreements, resolutions, guaranties, environmental agreements, subordination agreements, assignments of leases <br />and rents and any other documents or agreements executed in connection with this Indebtedness and Security <br />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 />o 2004 -2013 Compliance Systems, Inc. 46F5 -1310 - 2013L2.0.666 <br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.compliancesystems.com <br />Initials 1 / 2_ <br />