<br />N
<br />S
<br />S
<br />ex>
<br />......
<br />s
<br />IS)
<br />s
<br />co
<br />
<br />Q~o' ;: :XJ
<br />~ -,~.
<br />~~~ [1
<br />Q~ ~.-
<br />~'I~ ~,
<br />S:lc::;--
<br />
<br />~~~I
<br />"' "'"
<br />T
<br />~ f
<br />
<br />'"
<br />,
<br />'^
<br />.....
<br />~
<br />
<br /> ('} E .-...:. m
<br /> 10 = C) (j)J ~
<br /> m % <=> ~,.o
<br /> c= 0 ~ ~.
<br /> "'" m ":.v C:l>-
<br /> c: n :t: ' . CJ :z -f N :D
<br />"'\ Z ;Ii; ~~' r--r"I ---{rrl m
<br />n 0 ~ .-~ = -< 0 0
<br />1: 0-
<br />T1 > ~ 0 -.-. c:::> ):0-
<br />" en CO en
<br /> -., ..." Z
<br />~ :t: ~ co Z
<br /> 0 :c fTl
<br /> IT1 -0 :t>- IJ.) ~ ~
<br /> IT1 t :3 r:u
<br /> 0 r l>- c:::> :D
<br /> en U> c:
<br /> ~ ~ ;:;or;: c:::> :s:::
<br /> P- m
<br /> U1 - .- 0 :z
<br /> .. --I
<br /> en en CD :z
<br /> if.) 0
<br /> ;>(5. 50
<br />
<br />(Space Above This Line For Recording Data)
<br />
<br />LOAN NUMBER: 1442205
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />
<br />',"i"'-'." .
<br />
<br />.....j"':
<br />
<br />~ ",." ~ - ':'- -..,. -, 7~ '''~'''':I
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on December 4, 2008
<br />by the grantor(s) Mettenbrink Electric Corporation, aka Mettenbrink Electric Corp., aka Mettenbrink
<br />Electric Co, a Nebraska Corporation, whose address is 4305 E Hwy 30, Grand Island, Nebraska 68801
<br />("Grantor"). The trustee is Union Bank and Trust Company whose address is PO Box 5166, Grand Island,
<br />Nebraska 68802 ("Trustee"). The beneficiary is Union Bank & Trust Company whose address is 2008 North
<br />Webb Road, Grand Island, Nebraska 68803 ("Lender"), which is organized and existing under the laws of the
<br />state of Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal amount of
<br />Two Hundred Ten Thousand and 00/100 Dollars ($210,000.00) ("Maximum Principal Indebtedness"), and for
<br />other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to
<br />Trustee, in trust, with power of sale, the following described property located in the Register of Deeds of Hall
<br />County, State of Nebraska:
<br />
<br />Address: 4305 E U S Highway 30, Grand Island, Nebraska 68801
<br />Legal Description: Lot 1, Mettenbrink Subdivision, Hall County, Nebraska, EXCEPT those portions
<br />deeded to the State of Nebraska by Warranty Deed recorded August 5, 2003 as Inst. No. 2003-10205 and by
<br />Deed of Correction recorded October 15, 2003 as Inst. No. 2003-13654 in the office of the Recorder of Hall
<br />County, Nebraska.
<br />Parcel ID/Sidwell Number: 400474913
<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 Michael R Thomas and Kelly K
<br />Thomas 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"). INCREASED
<br />MAXIMUM PRINCIPAL INDEBTEDNESS: Grantor hereby acknowledges that the principal amount
<br />shown above will automatically be increased by any future advances or other Indebtedness of the Grantor
<br />to the Lender. Notwithstanding the foregoing, the parties..!,gree that the total amount which is secured by
<br />this Security Instrument shall not exceed 5420,000.00 ~(Initials)
<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 COLLATERALlZATION. 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 />e 2004-2007 Copyright Complianoe Systems, Ine. 68E7-7C9F - 2008.02.240
<br />Commen:ial Real &t..e Security Instrument- DlA007
<br />
<br />Page I of5
<br />
<br />www.complianccsysteJnS,c:om
<br />800-96g-8522 - Fax 616-956-1868
<br />
|