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THIS INSTRUMENT PREPARED BY:
<br />Loan Department
<br />5505 Red Rock Lane
<br />Lincoln, NE 68516
<br />LOAN NUMBER: 1100067400
<br />o 2004-2015 Compliance Systems, Inc. 910t74de-e9731257.2015.3.0.913
<br />Commercial Real Estate Security lasuumem - 014007
<br />AFTER RECORDING RETURN TO:
<br />Loan Department
<br />Security First Bank
<br />5505 Red Rock Lane
<br />Lincoln, NE 68516
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on December 30, 2015
<br />by the grantor(s) BOSSELMAN REAL ESTATE, LLC, a Nebraska Limited Liability Company , whose address
<br />is 3123 W STOLLEY PARK RD STE A, GRAND ISLAND, Nebraska 68801 -7228 ( "Grantor "). The trustee is
<br />Security First Bank whose address is 5505 Red Rock Lane, Lincoln, Nebraska 68516 ( "Trustee "). The beneficiary
<br />is Security First Bank - Lincoln whose address is 5505 Red Rock Lane, Lincoln, Nebraska 68516 ( "Lender "),
<br />which is organized and existing under the laws of the State of Nebraska. Grantor owes Lender the principal sum
<br />of One Million Two Hundred Thousand and 00 /100 Dollars (U.S. $1,200,000.00), which is evidenced by the
<br />promissory note dated December 30, 2015. Grantor in consideration of this loan and any future loans extended by
<br />Lender up to a maximum principal amount of One Million Two Hundred Thousand and 00 /100 Dollars (U.S.
<br />$1,200,000.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of which is
<br />acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following
<br />described property located in the County of Hall, State of Nebraska:
<br />Address: 1607 S Locust Street, GRAND ISLAND, Nebraska 68801
<br />Legal Description: Lot One (1), Fonner Fourth Subdivision, in the 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, oil, gas, water (whether groundwater, subterranean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the
<br />above- described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir
<br />sites, 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
<br />of 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
<br />a 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 BOSSELMAN REAL ESTATE, LLC to
<br />Security First Bank - Lincoln, howsoever created or arising, whether primary, secondary or contingent, together
<br />with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and
<br />covenants of this Security Instrument and all Related Documents (hereinafter all referred to as the
<br />"Indebtedness ").
<br />MATURITY DATE. The Indebtedness, if not paid earlier, shall be due on January 12, 2026.
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as
<br />if such advances were made on the date of this Security Instrument regardless of the fact that from time to time
<br />there may be no balance due under the note and regardless of whether Lender is obligated to make such future
<br />advances.
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