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<br />'" <br />s <br />cSl <br /><Xl <br />S <br />CD <br />-..,J <br />0) <br />-..,J <br /> <br />LOAN NUMBER: 9SI1 <br />COMMERCIAL REAL EST A TE DEED OF TRUST <br /> <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on November 20, <br />2008 by the grantor(s) Dawn M Peard, a single person, whose address is 1710 Columbia Cir, Grand Island, <br />Nebraska 68801 ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 <br />("Trustee"). The beneficiary is Pathway Bank whose address is POBox 428, Cairo, Nebraska 68824 ("Lender"), <br />which is organized and existing under the laws of the state of Nebraska. Grantor in consideration ofloans extended <br />by Lender up to a maximum principal amount of Sixty Thousand and 00/1 00 Dollars ($60,000.00) ("Maximum <br />Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably <br />grants, 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: 2423 S BlairieStreetand 816 E 5th Street, Grand Island; Nebraska 68801 <br />Legal Description: Parcel #1 <br /> <br />Lot One (I), in Park-View Second Su bdivision, and the South Half (S1/2) of Lot Thirty-Nine (39), in Block <br />D, Park-View Subdivision, both Additions to the City of Grand Island, Hall County, Nebraska, according <br />to the recorded plat thereof, EXCEPTING certain tracts therefrom as shown in deed recorded as <br />Instrument No. 87-102613; and deed recorded as Instrument No. 87-106566; and deed recorded as <br />Instrument No. 87-106549. <br /> <br />Parcel #2 <br /> <br />Lot Nine (9), Block Four (4), in Evans Addition to the City of Grand Island, Hall County, Nebraska, which <br />currently has the address of 816 E. 5th Street, Grand Island, 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, 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 (If 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 ali referred to as the "Indebtedness"). <br /> <br />MATURITY DATE. The Indebtedness, ifnot paid earlier, shall be due and payable on February 18,2009. <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 Copyr;ghl Complianee Systems. IDe. 23FA-F4F2 - 2007.07.200 <br />Commercial Real Estate Securit Instrument - DL4007 <br /> <br />Po.loC5 <br /> <br />www.compliancesystems.com <br />800-968-8522 - Fox 616_956-18681 <br /> <br />Initials <br />