|
<br /> i~'''''';) m
<br /> 70 n E c-c.~ 0 (I) 0 ~
<br /> C,,":..')
<br /> ~,- m ~ = 0 ~
<br /> "ft :~~x.f.~ c :Po N m
<br /> c: :t ::0 '~\, :::;:::. ::z: --i :tJ
<br /> Z c= --i rn 0 gJ
<br /> n ,... r'i"' &. C"J -<
<br /> ~ %: n 0 """) ~~ ~"... C) C) :a:-
<br />N l:; !{I o<~ N 0 "
<br />IS) ~ m en
<br />n 0') "'Tl co
<br />IS) ""Il :;~
<br />0:> ,..; :c [',I. I rrl Z
<br /> '" 0 C) ~
<br />IS) ~ !'1i f0 -0 P- OJ
<br />-..J 1'''1 ::3 I ;;0 --..J :0
<br />W '" CJ I ):eo- c:
<br />0:> ~- UJ g (jJ L.) 3:
<br />0'> 0 ,......... ^
<br /> C"- P- m
<br /> co ~
<br /> G,) --- ---
<br /> <D (j) en Z
<br /> en 0
<br />
<br />200807386
<br />
<br />O? 5'. So
<br />
<br />(SpaC\l Abov\l This Line For R\lcording Data)
<br />
<br />LOAN NUMBER: 9330
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on May 28, 2008 by
<br />the grantor(s) M~Z Corporation, a Nebraska Corporation, whose address is 2332 N Broadwell Avenue, Grand
<br />Island, Nebraska 68801 ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo,
<br />Nebraska 68824 ("Trustee"). The beneficiary is Pathway Bank whose address is 306 S. High PO Box 428,
<br />Cairo, Nebraska 68824 ("Lender"), which is organized and existing under the laws of the state of Nebraska.
<br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of Three Hundred
<br />Sixty-eight Thousand Nine Hundred Sixty-three and 86/100 Dollars ($368,963.86) ("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 property located in the
<br />County of Hall, State of Nebraska:
<br />
<br />Address: 2332 N. Broadwell Avenue, Grand Island, Nebraska 68801
<br />Legal Description: Lot One (1), Block Fourteen (14), College Addition to West Lawn, City of Grand
<br />Island, Hall County, Nebraska
<br />Parcel ID/Sidwell Number: 400315777
<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 and John H. Matthes and Henry G.
<br />Polak to Lender, howsoever created or arising, whether primary, secondary or contingent, together with any
<br />interest or charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this
<br />Security Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness").
<br />
<br />MATURITY DATE. The Indebtedness, ifnot paid earlier, shall be due and payable on January 22, 2024.
<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 />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to 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 />C> 2004-2007 Copyright Compliance System._ Inc. 23FA-F76I - 2007.07.200
<br />IcommerCial Real Estate Security In,trumont. DL4007
<br />
<br />Initials
<br />
<br />www.compliancesystems"com
<br />SOO.968-8522. Fa. 616-956_18681
<br />
<br />Psgelof5
<br />
|