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<br />200807387
<br />
<br />A 5. 50
<br />
<br />(Space Above This Line For Recording 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) John H. Matthes, whose address is 608 Hillside Drive, Cairo, Nebraska 68824 ; and Linda K.
<br />Matthes, husband and wife, whose address is 608 Hillside Drive, Cairo, Nebraska 68824 ("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 306 S. High PO Box 428, Cairo, Nebraska 68824 ("Lender"), which is
<br />organized and existing under the laws of the state of Nebraska. Grantor in consideration of loans extended by
<br />Lender up to a maximum principal amount of Three Hundred Sixty-eight Thousand Nine Hundred Sixty-
<br />three and 86/100 Dollars ($368,963.86) ("Maximum Principal Indebtedness"), and for other valuable
<br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust,
<br />with power of sale, the following described property located in the County of Hall, State of Nebraska:
<br />
<br />Address: 608 Hillside Drive, Cairo, Nebraska 68824
<br />Legal Description: Lot 11, Centura Hills Subdivision, an Addition to the Village of Cairo, Hall County,
<br />Nebraska
<br />Parcel ID/Sidwell Number: 400373491
<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 al1 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 pennits. ditches, ditch rights, r~servoirs,. 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 M-Z Corporation d/b/a J-Boy's
<br />Lounge and Henry G. Polak to Lender, howsoever created or arising, whether primary, secondary or contingent,
<br />together with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and
<br />covenants of this Security Instrument and all Related Documents (hereinafter al1 referred to as the "Indebtedness").
<br />
<br />MATURITY DATE. The Indebtedness, if not 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 Gdv~'1.ces.
<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 Systems. Inc, 23FA.816E - 2007.07.200
<br />Commercial Real Estate Securit Instrument - DL4007
<br />
<br />Pa . I ofS
<br />
<br />WWw.compliancesystems.com
<br />800-968.8522. Fax 616.956.1868
<br />
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