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THIS INSTRUMENT PREPARED BY: <br />Pathway Bank <br />306 S High St <br />Cairo, NE 68824 <br />(Space Above This Line For Recording Data) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />-:3 <br />r'J <br />r, <br />C> <br />rq <br />a> <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />306-S High S( 3333 w <br />*c, .►, r4 e, "'-3 <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on August 31, 2017 <br />by the grantor(s) Shellie D Pointer, whose address is 4071 Zola Lane, Grand Island, Nebraska 68803, and <br />Larry L Pointer, Husband and Wife, whose address is 4071 Zola Lane, Grand Island, Nebraska 68803 <br />( "Grantor "). The trustee is Pathway Bank, whose address is PO Box 428, Cairo, NE 68824 ( "Trustee "). The <br />beneficiary is Pathway Bank whose address is 3333 W. State St., Grand Island, Nebraska 68803 ( "Lender "), <br />which is organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans <br />extended by Lender up to a maximum principal amount of Fifty -nine Thousand and 00 /100 Dollars (U.S. <br />$59,000.00) ( "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: 4071 Zola Lane, Grand Island, Nebraska 68803 <br />Legal Description: Lot Twenty -five (25), R & B Second Subdivision in the City of Grand Island, Hall <br />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 Shellie D Pointer, Larry L Pointer, and On <br />Point Bakery LLC d/b /a Big Apple Bagels to Pathway Bank, howsoever created or arising, whether primary, <br />secondary or contingent, together with any interest or charges provided in or arising out of such indebtedness, as <br />well as the agreements and covenants of this Security Instrument and all Related Documents (hereinafter all <br />referred to as the "Indebtedness "). <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. <br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its <br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred, except any obligation <br />existing or arising against the principal dwelling of any Grantor. <br />® 2004 -2016 Compliance Systems, Inc. 7c6102d2- 45004e7c - 2016.230.4.8 <br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 n www.compliancesystems.com <br />Sf <br />Initials /l <br />