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<br />
<br />LOAN NUMBER: 9521
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on July 14,2008 by
<br />the grantor(s) Larry Buhrman, whose address is 910 E Phoenix, Grand Island, Nebraska 68801 ; and Wendy
<br />Buhrman, husband and wife, whose address is 910 E Phoenix, Grand Island, Nebraska 68801 ("Grantor"). The
<br />trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is
<br />Pathway Bank whose address is POBox 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 Fifty Thousand Four Hundred Ninety and 31/100 Dollars ($50,490.31)
<br />("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged,
<br />irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property
<br />located in the County of Ha1l, State of Nebraska:
<br />
<br />Address: 1041 N Webb Rd, Grand Island, Nebraska 68801
<br />Legal Description: A certain part of Lot One (1) in Fractional Section Eighteen (18), Township Eleven (11)
<br />North, Range Nine (9), West of the 6th P.M., Hall County, Nebraska, described as beginning at a point on
<br />the West line of the North Half (N1/2) of said Fractional Section Eighteen (18), which point is Seven
<br />Hundred Eighty-seven and Six Tenths (787.6) feet south of the northwest corner of the North Half (N1/2) of
<br />said Fractional Section Eighteen (18); running thence south One Hundred Sixty~two and Five Tenths
<br />(162.5) feet along and upon the west line ofsaid Fractional Section Eighteen (18); running thence east One
<br />Hundred Twenty-eight and Five Tenths (128.5) feet and parallel with the north line of said Fractional
<br />Section Eighteen (18); running thence north One Hundred Sixty~two and Five Theths (162.5) feet and
<br />parallel with the west line of said Fractional Section Eighteen (18); and running thence west and parallel
<br />with the north line ofsaid Fractional Section Eighteen (18) to the point of beginning.
<br />Parcel ID/Sidwell Number: 400146576
<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 />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 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 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 July 14, 2013.
<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 Lender is obligated to make such future advances.
<br />
<br />C 2004.2007 Copyright Compliance System.. Inc. 23FA.B577. 2007.07.200
<br />Commercial Real Estate Securit Instrument. DL4007
<br />
<br />Pa e I of5
<br />
<br />www.compliancesystems.com
<br />800.968.8522 . Pax 616.?~6-1868
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