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THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
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<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of
<br />Grand Island
<br />221 South Locust Street
<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 November 25,
<br />2015 by the grantor(s) 3801 NEBRASKA HIGHWAY 2, LLC, a Nebraska Limited Liability Company, whose
<br />address is 2019 BASS ROAD, GRAND ISLAND, Nebraska 68803 ( "Grantor "). The trustee is Arend R.
<br />Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ( "Trustee "). The beneficiary is
<br />Home Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street,
<br />Grand 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 Three
<br />Hundred Fifteen Thousand and 00 /100 Dollars (U.S. $315,000.00) ( "Maximum Principal Indebtedness "), and
<br />for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to
<br />Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of
<br />Nebraska:
<br />Address: 3801 NEBRASKA HIGHWAY 2, GRAND ISLAND, Nebraska 68803
<br />Legal Description: A tract of land comprising a part of the Northwest Quarter (NW1 /4) of Section One (1),
<br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M. in the City of Grand Island, Hall
<br />County, Nebraska, and more particularly described as follows:
<br />Beginning at the northwest corner of Lot Two (2), L. J. & R. A. Toner Properties Subdivision, in the City
<br />of Grand Island, Hall County, Nebraska, said point also being on the southerly right of way line of State
<br />Highway No. 2; thence S 00° 29' 45" E, along and upon the west line of said Lot Two (2), a distance of Five
<br />Hundred Twenty Eight and Seventy Seven Hundredths (528.77) feet to a point which is Eighty (80.00) feet
<br />north of the southwest corner of said Lot Two (2); thence N 90° 00' 00" W, a distance of Four Hundred
<br />Seven and Eleven Hundredths (407.11) feet to a point on west line of the Southeast Quarter of said
<br />Northwest Quarter (SE1 /4NW1/4); thence S 00° 35' 43" E, along and upon said west line of the Southeast
<br />Quarter of the Northwest Quarter (SE1 /4NW1 /4), a distance of Five and One Hundredth (5.01) feet;
<br />thence S 89° 59' 58" W, a distance of Two Hundred Ninety Six and Ninety Three Hundredths (296.93) feet;
<br />thence N 00° 29' 45" W, parallel with the west line of said Lot Two (2), a distance of Seven Hundred
<br />Twenty One and Seventy Two Hundredths (721.72) feet to a point on said southerly highway right of way
<br />line; thence S 73° 21' 13" E, along and upon said southerly highway right of way line, a distance of One
<br />Hundred Fifty Two and Fifty Four Hundredths (152.54) feet; thence S 75° 32' 42" E, along upon said
<br />southerly highway right of way line, a distance of Five Hundred Seventy Seven and Eight Tenths (577.8)
<br />feet to the point of beginning.
<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 />© 2004 -2015 Compliance Systems, Inc. IEIB -FFFD - 2015.11.0.1019
<br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.compliancesystems.com
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