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THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />3333 W State Street PO Box 5318
<br />Grand Island, NE 68803
<br />Initials 11
<br />0
<br />Cr,
<br />AFTER RECORDING RETURN TO:
<br />Pathway Bank
<br />3333 W State Street PO Box 5318
<br />Grand Island, NE 68803
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />C11
<br />CD
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on February 9, 2018
<br />by the grantor(s) Roebuck Enterprises, LLC, a Nebraska Limited Liability Company , whose address is 3610
<br />West Old Highway 30, Grand Island, Nebraska 68803 ( "Grantor "). The trustee is Pathway Bank, whose address
<br />is 3333 West State Street, Grand Island, NE 68803 ( "Trustee "). The beneficiary is Pathway Bank whose address
<br />is 3333 W. State St., Grand Island, Nebraska 68803 ( "Lender "), which is organized and existing under the laws
<br />of the State of Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal
<br />amount of Thirty - eight Thousand Eight Hundred and 00 /100 Dollars (U.S. $38,800.00) ( "Maximum Principal
<br />Indebtedness "), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants,
<br />conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the
<br />County of Hall, State of Nebraska:
<br />Address: 204 E 6th St, Grand Island, Nebraska 68801
<br />Legal Description: The Southerly Sixty -Six (66) feet of Lot Five (5), Block Five (5), in the Original Town,
<br />now City of Grand Island, Hall 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 Roebuck Enterprises, LLC and Larry R
<br />Roebuck Jr to Pathway Bank, howsoever created or arising, whether primary, secondary or contingent, together
<br />with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and
<br />covenants of this Security Instrument and all Related Documents (hereinafter all referred to as the
<br />"Indebtedness "). Secured debt includes but is not limited to the following: promissory note dated February
<br />9, 2018, in the amount of $38,800.00 and any renewals, extensions or modifications.
<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 />0 2004 -2016 Compliance Systems, Inc, 7c6102d2- f46427ee - 2016230.4.8
<br />Commercial Real Estate Security Instrument - DL4007 Pa e 1 of 5 www.compliancesystems,com
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