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<br /> T��S�NSTRUMENT PREPARED BY: AFTER REC�RD�NG RETURN T�:
<br /> Hame�ederal Sa��ngs& Loan Association af Hame Federa�Savings& Loan Associatian�f
<br /> Grand Island Grand �5�and
<br /> 2Z 1 South Locus�Stre�t 22�. South Locust Street
<br /> GRAND ISLA�D,N��584�. �RAND �SLAND, NE 688U1
<br /> �Spacr;Abovc:This L�ne For Recording Data}
<br /> �t3MMER�'IAL REAL ��TATE DEEI3 t]F TRUST
<br /> FUTURE ADV�ANCES AN'D FUTURE�BL�GAT�C]l�S A►RE SECUREI3 BY THIS REAL�STATE DEED
<br /> C�F TRUST
<br /> This�C]MMER��AL REAL ESTATE i]E�D�F TRUST ("Securi�y �nstrumen�"} is made on December 2,Z41�
<br /> by the grantor�s� Freder��k De�eiopment, L.L.�.y a Nebraska Lirnited Liabili�y �ompany, wh�se address is 51
<br /> San�a Drive, Doniphan, Nebraska 6$832 �"�ra�.tar"�. The �rus�ee �s Ar�nd R. Baa�k, Att�rney whose address
<br /> �s P.�. Box 794, Grand Is�andy Nebraska �SS�Z �"Trustee"�. The benef ciary is Hom� Federa� Savings &
<br /> Laan Assoc�a�ion �f Grand Island whas� address is �Z1 South Locust Stree�, Grand �s�and,Nebraska 6$8��
<br /> �"Lender"�, �hich is �rga�iz�d and exis�inb und�r �h� iaws of �he United S�a�es of Amer�ca. Grant�r in
<br /> considera�ion of l�ans �xtended by Lender up �n a r�ax�mun� principa� amount nf �ne I�undred Eighty
<br /> Thausand Fifty-se�en and U�11�0 DoIlars �L].S. $1��,a57.�U� �"Maximum Principal �ndebtedness"�, and for
<br /> other valuable consi�erati�n, the r�c�ipt of which is acknovv�ed�ed, irre�oGably arants, con�eys and assibns ta
<br /> Trustee, in trust, with power�f sale,the fallowiri�described properfiy Ioca�ed in the C�UNTY�f I-�ALL, State of
<br /> Nebraska:
<br /> Addr�ss: �0�W 6th S�,Doniphan,Nebraska GS832
<br /> Legal D�scription: Lo� Three (3�, Johnson Suhd�����on, an Add�tion �o the VIl�age of DonYphan, Ha�l
<br /> C�unty,Nebraska
<br /> Tobether with aIl easemen�s, appurtenances abutting stree�s and al�eys, �nlpro�em�ri�s, bu�ldi�.gs, f xtures,
<br /> tenemen�s, heredi�amen�s, ��uipment, r�n�s, �n�ome, prof�s and royalties, personal goods af what�v�r description
<br /> and a�l other rz�hts and priv�le�es including ali m�nera�s, 4i1, gas, vva�er �whether graundv�ater, sub�erranean or
<br /> o�herwise3, wa�er righ�s ��vhether riparian, apprapria�e or otherwise, and wh�ther or not appur�enant to the abo�e-
<br /> d�scribed real property}, vveIls, well permi�s, ditches, dY��h riah�s, r�serv�irs, reser�oir ri�hts, r�ser�air si�es,
<br /> storage ri�h�s, dams and water sto�k tha� may now, or a� any time in the future, be I�cated on andlor used in
<br /> connection with the abo�e-described real pr�per�y, payment awards, amaun�s received from eminent domain,
<br /> amounts r�cei��d fronr�any and aIl insurance paymen�s,and timber which may now or�ater be Ioca�ed, si�uated, or
<br /> aff xed on and used�n connect�on ther�wit��hereinafter cai�ed the "Prop�rty"}.
<br /> RELATED D�CUM��TS. The words "Re�a��d Dacurnen�s" mean alI promissory n��es, s�curity agreements,
<br /> pri�r mar�gages, pri�r deeds af trust, prior deeds to se�ure deb�, business laan agr�en�en�s, cons�ructi�n Ioan
<br /> aareer��nts, resolutions, guarantie�, environmental agreernen�s, subordina��on agreemeri�s, assignments of leases
<br /> and rents and any o�her d��uments or a�r�emer�ts ex�cu��d in c�nn���io� w�th this zndebtedness and Security
<br /> �nstrumen�,wvh��her n�w or hereafter existinay inc�uding any modif cations, extensions,subs�itutions ar renewals of
<br /> any of�he foreaoing. The Related D�cuments are hereby �made a part of this Security �nstrumen� by reference
<br /> there�o,wi�h the sanr�e f�rc�and eff�ct as if fu�ly set forth hereiri.
<br /> �NDEBTEDN�S�. This S��ur�ty Ins�rum�n�secures�he pr�ncipal amount shown abo�e as may be evidenc�d by a
<br /> pr�m�ssary no�e �r n�tes of e�en, prior or subsequen� da�� here�o, including future ad�an��s and e�ery other
<br /> indebtedness of any and e�ery k�nd now or hereafter owing fram Fred�ri�k Developmen�, L.L.C. to Hame
<br /> Federal SaWings �i Lflan Asso�iat�on af Grand �sland, howsoe�er created or arising, wheth�r primary,
<br /> sec�ndary or contingent, together w�th any interest or ch�arbes provided in or arising out of such indeb�edness, as
<br /> well as th� agreements and co�enants of this Secur�� Instrumenfi and ali R�lated �acuments �hereinafter aIl
<br /> referred to as�he "Indeb��dness"}.
<br /> FUTL7RE ADVAN��S. To�he extent permit�ed by Iaw, this Security �ns�rument�vi�l s�cure future advances as if
<br /> such ad�anc�s were made�n�he dat�of this Securi� Ins�rurnent regardless af the fact tha�from�zme to time th�re
<br /> may be na balance due under�he no�e and regardless of whether Lender is ab�igated to ma�Ce suGh fu�ur�advances.
<br /> Q 2Q�4-2f]l 5 Com�li�n�e 5ystems,Inc.G48B-CCCC-2D i 5.3 2.3.1.l[]39
<br /> Commercial Real Escate 5ecurity Instrument-DL�3�D7 PA�e l�f 5 www.Gom�liar�Gesystems.cam
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