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THIS INSTRUMENT PREPARED BY:
<br />Home Federal Savings & Loan Association of Grand
<br />Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
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<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of Grand
<br />Island
<br />221 South Locust Street
<br />GRAND ISLAND, NE 68801
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on October 31, 2017
<br />by the grantor(s) John M. and Raini Mehring, Husband and Wife, whose address is 3421 W. State Street #4,
<br />GRAND ISLAND, Nebraska 68803 ( "Grantor "). The trustee is Arend R. Baack, Attorney, whose address is P.O.
<br />Box 790, Grand Island, NE 68802 ( "Trustee "). The beneficiary is Home Federal Savings & Loan Association of
<br />Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ( "Lender "), which is
<br />organized and existing under the laws of the United States of America. Grantor in consideration of loans extended
<br />by Lender up to a maximum principal amount of Five Hundred Sixty Thousand and 00 /100 Dollars (U.S.
<br />$560,000.00) ( "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: 3337 & 3341 W. State Street, GRAND ISLAND, Nebraska 68803
<br />Legal Description: A tract of land comprising a part of Lot One (1), Conestoga North Twelfth Subdivision in
<br />the City of Grand Island, Hall County, Nebraska and more particularly described as follows: Beginning at
<br />the Southeast corner of said Lot One (1); thence westerly along and upon the south line of said Lot One (1),
<br />a distance of 381.58 feet to a point of prolongation of the west line of Lot Seven (7) Conestoga North
<br />Subdivision; thence northerly along and upon said prolongation, a distance of 335.47 feet, more or less to
<br />the southwest corner of said Lot Seven (7); thence easterly along and upon the south line of Lots Seven (7),
<br />Six (6) and Five (5), Conestoga North Subdivision, a distance of 381.58 feet to the northeast corner of said
<br />Lot One (1), Conestoga North Twelfth Subdivision; thence southerly along and upon the east line of said
<br />Lot One (1), a distance of 335.31 feet to the point of beginning.
<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 John M. Mehring and Raini Mehring to Home
<br />Federal Savings & Loan Association of Grand Island, 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 />® 2004 -2016 Compliance Systems, Inc. 7c6102d2- t20b657b - 2016.2304.8
<br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 www.compliancesystems.com
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