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<br />(Sp<lce Above This Line For Recording Data)
<br />
<br />(DAN NUMBFR: 8198
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<br />
<br />COMMERCIAL REAL EST A TE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 22,2007 by
<br />Rick Yoder, Individual, whose address is 151 Tilden, Cairo, Nebraska 68824 ; Cynthia Yoder, Individual,
<br />whose address is 151 Tilden Rd, Cairo, Nebraska 68824 ; the grantor(s) ("Grantor"), The trustee is Pathway
<br />Bani, whose address is PO Box 428, Cairo, Nebraska 68824 , ("'frustee"). The beneficiary is Pathway Bani,
<br />whose address is 306 S. High PO Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and
<br />existing under the laws or the state of Nebraska. Grantor in consideration of loans extended by Lender up tll a
<br />maximum principal amount of One Hundred Thousand and 00/100 Dollars ($100,000.00) ("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 dcscribed property located in the
<br />County of Hall, State of Nebraska:
<br />
<br />Legal Description: A parcel of land located in the West Half (WII2) of Section Four (4), Township Twelve
<br />(12) North, Range Twelve (12) West of the Sixth (6th) P.M., Hall County, Nebraska, described as follows:
<br />Beginning at the NW corner of said Section 4, thence S89 38'12E along the North line of said Section 4,
<br />804.47 feet, thence S89 53'41" E, continuing along the North line of said Section 4, 503.54 feet, thence
<br />SOO 02'43"E, 1,006.98 feet, thence S71 23'13"W, 141.97 feet, thence S87 28'29"W, 442.80 feet, thence
<br />SOO 21'16"W, 92.33 feet, thence S89 11"30"W, 281.40 feet, to a point 449.98 feet East of the West line of
<br />the NWI/4 of said Section 4, thence South parallel to said West line 1,382.46 feet to a point on the South
<br />line of said NW1/4, thence S89 50'34"E along the South line of said NWII4, 73.81 feet, thence SOO 02'36"E
<br />pllralIel to th(> West line of the SWI/4 OfSllid Section 4,1,418.54 feet, thence N86 02'36"W, 525.03 feet, to a
<br />point on the West line of said SW1I4, thence NOO 02'36"W, along said West line 1,383.75 feet to the W1I4
<br />corner of said Section 4, thence North along the West line of said NW1/4, 2,555.36 feet, to the point of
<br />beginning containing 64.76 acres, more or Jess.
<br />
<br />Together with all casements, 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, water wells, ditches, reservoirs, reservoir
<br />sites and dams located thereon and all riparian and water rights and water stock associated therewith, paYlnent
<br />awards, amounts received from eminent domain, amounts received from any and all insurance paymcnts, and
<br />timber which may now or later be located, situated, or aflixed on and used in connection therewith (hereinafter
<br />called the "Property"),
<br />
<br />HELA TED DOCUM ENTS. The words "Relatcd Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agrecments, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instrument whether now or hereafter existing,
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />
<br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />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 Grantor to Lender, howsoever created or arising,
<br />whether primary, secondary or contingent, tOGether ~vith any interest or chargcs provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents
<br />(hereinafter all referred to as the "Indebtedness").
<br />
<br />MATURITY DATE. The Indebtedness, ifnot paid earlier, shall be due and payable on January 21, 2008,
<br />
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless of the fact that f1'om time to tinlc there
<br />m8Y be no balance due under the note and regardless of whether the Lender is oblig8ted to Inake such future
<br />advances,
<br />
<br />;\;:' '::1)04-2006 t'upvllghl COlllptlanl.:1,: SV:';\~11lS, IlK. D2')J-l)~u8 - ~(JOtdn 16()
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