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<br />
<br />LOAN NUMBER; 9009
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on January 18, 2008
<br />by Mid-Nebraska Coin-Op, Inc., a Nebraska Corporation, whose address is 2703 West' 2nd Street, Grand
<br />Island, Nebraska 68803 the grantor(s) ("Grantor"). The trustee is Pathway Bank whose address is 3333 West
<br />State Street, Grand Island, Nebraska 68803 , ("Trustee"). The beneficiary is Pathway B::tnk whose address is
<br />3333 W. State St., Grand Island, Nebraska 68803 ("Lender"), which is organized and existing under the laws of
<br />the state of Nebraska, Grantor in consideration of loans extended by Lender up to a maximum principal amount of
<br />One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00) ("Maximum Principal Indebtedness"), and for
<br />other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to
<br />Trustee, in trust, with power of sale, the land and property described below:
<br />
<br />Address: 2703 W 2nd Street, Grand Island, Nebraska 68803
<br />Legal Description: Lots Seven (7), Eight (8), Nine (9) and Ten (10) in Fractional Block Fourteen (14),
<br />Ashton Place, an addition to the City of Grand Island, Hall County, NEbraska
<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, pr at any time in the future, be located on andJor 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 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 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 and Mid-Nebraska Coin-Op, Inc. to
<br />Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or
<br />charges 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").
<br />
<br />MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on February 1,2023.
<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 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 />CROSS COLLATERALIZATION. 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 />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in accordance with the terms contained therein.
<br />
<br />(:I 2004.2006 Copyri~ht Comphance Systems, Inc. 340A-7105 - 2006,11.182
<br />Commercial Real Estate Securit Instrument ~ DlAOO?
<br />
<br />raelof5
<br />
<br />
<br />Initials
<br />
<br />www.eQmplial)cesystemS.COll1
<br />800.968-8522 - Fax 616.956.lj
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