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THIS INSTRUMENT PREPARED BY:
<br />Pathway Bank
<br />306 S High St
<br />Cairo, NE 68824
<br />O 2004 -2016 Compliance Systems, Inc. 7c610262-356eebb7 - 2016.270.4.
<br />Commercial Reel HsWe Security 60,0010,00- 04007
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<br />AFTER RECORDING RETURN TO:
<br />� athway Bank
<br />/ PO Box 428
<br />Cairo, NE 68824
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ( "Security Instrument ") is made on June 1, 2018 by
<br />the grantors) Kasie K Simmons, a single person, whose address is 2189 2nd Ave, Boelus, Nebraska 68820
<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 306 S High St, P 0 Box 428, Cairo, Nebraska 68824 ( "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 Two Hundred Fifty Thousand and 00 /100 Dollars
<br />(U.S. $250,000.00) ( "Maximum Principal Indebtedness "), and for other valuable consideration, the receipt of
<br />which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the
<br />following described property located in the County of Hall and Howard, State of Nebraska:
<br />Legal Description: See attached Exhibit "A"
<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 Kasle K Simmons to Pathway Bank,
<br />howsoever created or 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 "). Secured debt includes,
<br />but is not limited to the following: promissory note dated June 1, 2018, in the amount of 8225,000.00 and
<br />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 />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:
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