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THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />PO Box 428
<br />Cairo, NE 68824
<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />PO Box 428
<br />Cairo, NE 68824
<br />2016041
<br />(Space Above This Line For Recording Data)
<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 June 30, 2016 by
<br />the grantor(s) David R Brown, Husband, whose address is 4475 S 90th Rd, Wood River, Nebraska 68883, and
<br />Joan M Brown, Wife, whose address is 4475 S 90th Road, Wood River, Nebraska 68883 ( "Grantor "). The
<br />trustee 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 Two Million and 00 /100 Dollars (U.S. $2,000,000.00) ( "Maximum
<br />Principal Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, irrevocably
<br />grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the
<br />County of Hall, State of Nebraska:
<br />Legal Description: Parcel 1: The Southeast Quarter (SE 1/4) of Section Seven (7), Township Twelve (12)
<br />North, Range Eleven (11), West of the 6th P.M., in Hall County, Nebraska EXCEPTING Lot One (1),
<br />Brown Acres South Subdivision, Hall County, Nebraska as shown in Plat recorded in the Register of Deeds
<br />Office as Document No. 200605121 and EXCEPTING Lot One (1), Brown Acres North Subdivision, Hall
<br />County, Nebraska as shown in Plat recorded in the Register of Deeds Office as Document No. 200605122
<br />Parcel 2: The Northwest Quarter (NW 1/4) of Section One (1), Township Ten (10) North, Range Eleven
<br />(11) West of the 6th P.M., Hall County Nebraska EXCEPT Lot One (1), Brown Subdivision, Hall County,
<br />Nebraska as shown in Plat recorded in the Register of Deeds Office as Document No. 98- 107019.
<br />Parcel 3: The North Half of the Northeast Quarter (N1 /2NE1/4) and the Southeast Quarter of the
<br />Northeast Quarter (SE1 /4NE1 /4) of Section Two (2), Township Ten (10) North, Range Eleven (11) West of
<br />the 6th P.M., Hall County, Nebraska.
<br />Parcel 4: The Southwest Quarter of the Northeast Quarter (SW1 /4NE1 /4) of Section One (1), Township
<br />Ten (10) North, Range Eleven (11) West of the 6th P.M., 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 />C 2004 -2015 Compliance Systems, Inc. 68F9 -5E14 - 2015.11.3.1025
<br />Commercial Real Estate Security Instrument - DIA007 n Page 1 of 5 www.compliancesystems.com
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