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THIS INSTRUMENT PREPARED BY: <br />PATHWAY BANK <br />3333 W STATE STREET <br />Grand Island, NE 68803 <br />o 2004 -2016 Compliance Systems, Inc. 7c6102d2- c7bf7218 - 2016.230.4.8 <br />Commercial Real Estate Security Instrument - DL4007 <br />AFTER RECORDING RETURN TO: <br />PATHWAY BANK <br />33 W STATE STREET <br />Grand Island, NE 68803 <br />(Space Above This Line For Recording Data) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on September 13, <br />2017 by the grantor(s) Jimmy Ummel Jr, whose address is PO Box 1742, Grand Island, Nebraska 68802 <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 Seven Thousand and 00 /100 Dollars (U.S. $7,000.00) <br />( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, <br />irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property <br />located in the County of Hall, State of Nebraska: <br />Address: 2430 N Custer, Grand Island, Nebraska 68803 <br />Legal Description: Lot One (1) and Lot Three (3), Block One (1), University Place, an Addition to the City of <br />Grand Island, Hall County, Nebraska, excepting warranty Deed filed as Document No. 201404303 <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 Jimmy Ummel Jr to Pathway Bank, <br />howsoever created Dr arising, whether primary, secondary or contingent, together with any interest or charges <br />provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security <br />Instrument and all Related Documents (hereinafter all 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 />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents, <br />warrants, covenants and agrees with Lender, its successors and assigns, as follows: <br />Page 1 of 5 www.compliancesystems.com <br />Initials <br />