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THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
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<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank � S3lg
<br />306 -S High-St 3 333 c .�- ,,ieSi
<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 October 26, 2016
<br />by the grantor(s) Thomas Soukup, whose address is 4014 Mason Ave, Grand Island, Nebraska 68803
<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 3333 W. State St., Grand Island, Nebraska 68803
<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 Thousand and 00 /100 Dollars
<br />(U.S. $100,000.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of
<br />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: 1903 W Division and 404 E 11th, Grand Island, Nebraska 68803
<br />Legal Description: Parcel A: Lot One (1), Block Fifteen (15), Charles Wasmer's Addition to the City of
<br />Grand Island, Hall County, Nebraska
<br />1903 W Division, Grand Island, NE 68803
<br />Parcel B: Lot Six (6) and the West Half of Lot Seven (7), Block Thirty -seven (37), Russel Wheeler's
<br />Addition to the City of Grand Island, Hall County, Nebraska
<br />404 E 11th, Grand Island, NE 68801
<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 Thomas Soukup to Pathway Bank, howsoever
<br />created or arising, whether primary, secondary or contingent, together with any interest or charges provided in or
<br />arising out of such indebtedness, as well as the agreements and covenants of this Security Instrument and all
<br />Related Documents (hereinafter all referred to as the "Indebtedness ").
<br />® 2004 -2015 Compliance Systems, Inc. 648B -47E8 - 2015.12.3.1.1039
<br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.compliancesystems.com
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