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<br /> THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br /> Home Federal Savings&Loan Association of Grand Island Abstract Escrow&Title Co. �/ - pJ
<br /> Grand Island 704 West 3rd St ��
<br /> 221 South Locust Street Grand Island,NE 68801
<br /> GRAND ISLAND,NE 68801
<br /> Q (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 October 3,2014 by
<br /> � the grantor(s) STEPHEN P. MORRIS and LEANNE G. MORRIS, husband and wife, whose address is 3940
<br /> y MEADOW WAY TRAIL, GRAND ISLAND, Nebraska 68803 ("Grantor"). The trustee is Arend R. Baack,
<br /> Attorney whose address is P.O. Box 790, Grand Island,Nebraska 68802 ("Trustee"). The beneficiary is Home
<br /> � Federal Savings & Loan�Association of Grand Island whose address is 221 South Locust Street, Grand
<br /> � Island, Nebraska 68801 ( Lender ), which is organized and existing under the laws of the United States of
<br /> America. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Seventy-
<br /> eight Thousand and 00/100 Dollars (U.S. $78,000.00) ("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
<br /> Nebraska:
<br /> Address:2203 W OKLAHOMA AVE,GRAND ISLAND,Nebraska 68803
<br /> Legal Description: LOT ONE (1), BLOCK SEVEN (7), PARKHILL SECOND SUBDIVISION, IN THE
<br /> CITY OF GRAND ISLAND,HALL 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, oiI, 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 ageements, 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 /> INDEBTEDNESS,This Security Instrument secures the principal atnount 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 STEPHEN P. MORRIS and LEANNE G.
<br /> MORRIS to Home Federal Savings & Loan Association of Grand Island, 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").
<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 COLLATERALTZATION. It i the ex ressed intent of Grantor to cross collateralize all of its
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<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 /> O 2004-2013 Compliance Systema,Inc.46F5-39A6-2013L2.0.666
<br /> Commercial Real Estate Security Instrument-DIA00'I Page 1 of 5 www.compliancesystema.com
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