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THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
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<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 February 26, 2016
<br />by the grantor(s) Loren J Dibbern, Husband, whose address is 15450 W White Cloud Rd, Cairo, Nebraska
<br />68824, and Julie A Dibbern, Wife, whose address is 15450 W White Cloud Rd, Cairo, Nebraska 68824
<br />( "Grantor "). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ( "Trustee ").
<br />The beneficiary is Pathway Bank whose address is 306 S High St, P 0 Box 428, Cairo, Nebraska 68824
<br />( "Lender "), which is organized and existing under the laws of the State of Nebraska. Grantor in consideration of
<br />loans extended by Lender up to a maximum principal amount of One Hundred Fifty Thousand and 00 /100
<br />Dollars (U.S. $150,000.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt
<br />of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the
<br />following described property located in the County of Hall, State of Nebraska:
<br />Address: 505 Said St, Cairo, Nebraska 68824
<br />Legal Description: Lots Nine (9), and Ten (10), Block Four (4), in the Fourth Addition to the Village of
<br />Cairo, 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 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 />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 Loren J Dibbern, Julie A Dibbern, and
<br />Loren .7 Dibbern d/b /a Dibbern Home Improvement to Pathway Bank, howsoever created or arising, whether
<br />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 "). Secured debt includes, but is not limited to, the following:
<br />promissory note dated February 26, 2016, in the amount of $130,000.00 and any renewals, extensions or
<br />modifications.
<br />o 2004 -2015 Compliance Systems, Inc. 68F9-8C99 - 2015.11.31025
<br />Commercial Real Estate Security Instrument - 01.4007 Page 1 of 5 �(� _ www.compliancesystems.com
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