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I\.) CSl CSl 00 CSl +:>. I\.) 00 W p ,.. ).. tI I P 0 (. 1 " (" ,;., (II (; , )1. 2 ~\' m en n:r "'~ ~ \) \> ~ 0') '" m C!! n Z ii~~ n -. ".;% .-..:> c:;> <.::::':) ex:> ('";> (I) o -l C~ z-l -1m -<0 o ." "T1z ::rrTl ~(D r ::0 r~ (I) :::-;: l> ~, ~~' ir ::3 :::0 -c -0 ::3 ~- \f T ~ ~ m ...........'.~ U) (t) (Space Above This Line For Recording Data) LOAN NUMBER: 9360 COMMERCIAL REAL ESTATE DEED OF TRUST This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrwnent") is made on May 15,2008 by the grantor(s) Carol J Staples, a single person, whose address is 3003 Colorado Ave, Grand Island, Nebraska 68801 ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank whose address is 306 S. High PO Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and existing under the laws of the state of Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Thirty-one Thousand and 00/100 Dollars ($31,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of Nebraska: Address: 507 S Locust Street, Grand Island, Nebraska 68801 Legal Description: All that part of Lots Three (3) and Four (4), Block Three (3), in Lakeview, an Addition to the City of Grand Island, Hall County, Nebraska, more particularly described as follows: Commencing at a point Fifty-Six (56) Feet South of the Northwest corner of Lot Four (4), i said Block; running thence East parallel with the North boundary line of said Lots, a distance of Seventy (70) Feet; thence South, parallel with the West boundary line ofsaid Lot Four (4), a distance of Forty Two (42) Feet; thence West, a distance of Seventy (70) Feet; thence North a distance of Forty Two (42) Feet to the place of Beginning, EXCEPTING therefrom a tract of land more particularly described in Return of Appraisers recorded in Book 21, Page 685 Parcel ID/Sidwell Number: 400057867 Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures, tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above- described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites, storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in connection with the above-described real property, payment awards, amounts received from eminent domain, amounts received from any and all insurance payments, and timber which may now or later be located, situated, or affixed on and used in connection therewith (hereinafter called the "Property"). RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements, prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions, guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other documents or agreements executed in connection with this Security Instrument whether now or hereafter existing. The Related Documents are hereby made a part of this Security Instrwnent by reference thereto, with the same force and effect as if fully set forth herein. INDEBTEDNESS. This Security Instrwnent secures the principal amount shown above as may be evidenced by a promissory note or notes of even, prior or subsequent date hereto, including future advances and every other indebtedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security Instrwnent and all Related Documents (hereinafter all referred to as the "Indebtedness"). MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on November IS, 2008. FUTURE ADVANCES. To the extent permitted by law, this Security Instrwnent will secure future advances as if such advances were made on the date of this Security Instrwnent regardless of the fact that from time to time there may be no balance due under the note and regardless of whether Lender is obligated to make such future advances. CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its Indebtedness and obligations to Lender, howsoever arising and whensoever incurred. Q 2004.2007 Copyright Compliance Systems, Inc. 23F A-3719 - 2007.07.200 Commercial Real Estate Secur" Instrument - DL4007 1'..lof5 www.compliancesystems.com 800-968-8522. Fax 616.956-1868 Initials ~~ O{9 o~ CO2 o~ .-r: :0 c: f"-'3: CO~ Wes ~ c::> ,il 0 \.../