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<br />THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
<br />® 2004 -2014 Compliance Systems, Inc. F9DE -41EE - 2013L2.3.738
<br />Commercial Real Estate Security Instrument - DL4007
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<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
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<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 November 3, 2014
<br />by the grantor(s) Mitch .1 Harders, whose address is 11126 W Capital Ave, Wood River, Nebraska 68883 , and
<br />Michael A Harders, whose address is 3737 N 70th Rd, Grand Island, Nebraska 68803 ( "Grantor "). The trustee
<br />is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ( "Trustee "). The beneficiary is
<br />Pathway Bank whose address is 306 S High St, P 0 Box 428, Cairo, Nebraska 68824 ( "Lender "), which is
<br />organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by
<br />Lender up to a maximum principal amount of Twenty -three Thousand and 00 /100 Dollars (U.S. $23,000.00)
<br />( "Maximum 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 property
<br />located in the County of Hall, State of Nebraska:
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<br />C7 Legal Description: That part of the East Half of the Southeast Quarter (E1 /2 SE1 /4) of Section Thirty (30),
<br />y Township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, EXCEPT that
<br />Z portion conveyed by Joint Tenancy Warranty Deed recorded February 5, 2013 as Instrument #201300941;
<br />AND EXCEPT that portion known as Dale Subdivision, Hall County, Nebraska.
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<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
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<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br />4" otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above -
<br />n9 described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />C storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in
<br />C) connection with the above- described real property, payment awards, amounts received from eminent domain,
<br />y 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 />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 Mitch J Harders and Michael A Harders to
<br />Pathway Bank, howsoever created or arising, whether primary, secondary or contingent, together with any
<br />interest or charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this
<br />Security Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness "). Secured debt
<br />includes, but is not limited to, the following: promissory note dated November 3, 2014, in the amount of
<br />$23,000.00 and any renewals, extensions or modifications.
<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.
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