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<br />THIS INSTRUMENT PREPARED BY:
<br />Banklowa
<br />230 1st St East
<br />Independence, IA 50644-0000
<br />AFTER RECORDING RETURN TO:
<br />Banklowa
<br />230 1st St East
<br />Independence, IA 50644-0000
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE
<br />DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on November 14,
<br />2018 by the grantor(s) PIONEER ESTATES MHP, LLC, a Nebraska Limited Liability Company, whose address
<br />is 365 TRAILRIDGE RD SE, CEDAR RAPIDS, Iowa 52403 ("Grantor"). The trustee is BANKIOWA, whose
<br />address is 230 1ST STREET EAST, INDEPENDENCE, IA 50644-0000 ("Trustee"). The beneficiary is Banklowa
<br />whose address is 230 1st St East, Independence, Iowa 50644 ("Lender"), which is organized and existing under
<br />the laws of the State of Iowa. Grantor owes Lender the principal sum of One Million Five Hundred Ten Thousand
<br />and 00/100 Dollars (U.S. $1,510,000.00), which is evidenced by the promissory note dated November 14, 2018.
<br />Grantor in consideration of this loan and any future loans extended by Lender up to a maximum principal amount
<br />of One Million Five Hundred Ten Thousand and 00/100 Dollars (U.S. $1,510,000.00) ("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: 414 ST PAUL RD, GRAND ISLAND, Nebraska 68801
<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 />This is a PURCHASE MONEY DEED OF TRUST.
<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 />o 2004-2018 Compliance Systems, Inc. c0eded2f 94a2ddcc - 2018176 0.2
<br />Commercial Real Estate Security Instrument - DL4007
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