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<br />
<br />LOAN NUMBER: 8896
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on December 19,2007
<br />by Marshall T Forgy, whose address is 4245 Shanna St, Grand Island, Nebraska 68801 ; and Lori L Forgy,
<br />whose address is 4245 Shanna St, Grand Island, Nebraska 68801 the grantor(s) ("Grantor"). The trustee is
<br />Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 , ("Trustee"). The beneficiary is Pathway
<br />Bank whose address is 306 S. High PO Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and
<br />existing under the laws of the state of Nebraska. Grantor in consideration of loans extended by Lender up to a
<br />maximum principal amount of Thirtywtwo Thousand and 00/100 Dollars ($32,000.00) ("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 propeliy located in the
<br />County of Hall, State of Nebraska:
<br />
<br />Address: 503 E 10th St, Grand Island, Nebraska 68801
<br />Legal Description: Lot Five (5), Blocl, Ten (10), in Russel Wheeler's Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />Parcel ID/Sidwell Number: 400120135
<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 riparian, appropriate or otherwise, and whether or not appurtenant 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 />RELA TED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mOltgages, 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 DocllInents 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 cvery 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 June 18,2008.
<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 ofthe fact that from time to time thcre
<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 />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 />i.O 2004-20tJ6 Copyright Compliance Systems, InC, 340A-318C - 2()(')6, 11.182
<br />C.1.!t~,.',I,E~,,,.1o Socuritv Instrument. DL4007
<br />
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<br />
<br />www. comp[iar\c~sys lenIs, COlli
<br />800-968-8~21 - Pax () 1 (,.()5(1.] gcjS
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