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<br />LOAN NUMBER: 8801
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on November 21,
<br />2007 by Daffodil, LLC, a Nebraska Limited Liability Company, whose address is 2107 W. 2nd Street, Grand
<br />Island, Nebraska 68803-5311 the grantor(s) ("Grantor"). The trustee is Pathway Bank whose address is PO Box
<br />428, Cairo, Nebraska 68824 , ("Trustee"). The beneficiary is Pathway Bank whose address is 306 S. High
<br />PO Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and existing under the laws of the state of
<br />Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal amount of One
<br />Hundred Seventy-five Thousand and 00/100 Dollars ($175,000.00) ("Maximum Principal Indebtedness"), and
<br />for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to
<br />Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of
<br />Nebraska:
<br />
<br />Legal Description: Lot One (1), Two (2), Three (3), Four (4), Five (5), Nine (9), and Ten (10), in Block
<br />Sixteen (16) and Lot Five (5), in Block Fifteen, All in Baker's Addition to the City of Grand Island, Hall
<br />County, Nebraska: Less and Excepting therefrom a tract of land conveyed to the State of Nebraska,
<br />Department of Roads by virtue of Condemnation proceedings in the County Court of Hall County,
<br />Nebraska and recorded as Document No. 200610814 in the Register of Deeds Office, Hall County, Nebrasl<a.
<br />
<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 nparian, appropriate or otherwise, and whether or not appunenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />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 />
<br />RELATED DOCUMENTS, The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, 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 etfect 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 with any interest or charges 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 November 21, 2012.
<br />
<br />FUTURE ADV ANEES. To the extent pennittedby 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 from time to time there
<br />may be no balance due under the note and regardless of whether the Lender is obligated to make such future
<br />advances.
<br />
<br />~
<br />
<br />CROSS COLLA TERALIZA TION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to the Lender, howsoever arising and whensoever incurred.
<br />
<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:
<br />
<br />r,j.) 2(}()4-2006 Copyright Compliance Systems, Inc. 340A-724B - 2006. 11,182
<br />[co'~'ne~'ialRe.a]E'.totc Security lnstcumont . DL4007
<br />
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<br />www,compliancc!iystcms com
<br />800-96S.S522. fax 6]6-956-]868
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