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<br />(Space Above This Line Fur Recording Data)
<br />LOAN NUMBER; 0150293616
<br />COMMERC1ACa REAL ESTATE DEED OF TRUST °~
<br />FUTURE ADVANCES ANll FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DF,ED ?~•~
<br />OF TRUST v
<br />This COMMERCIAL 17EAL ESTATI DEED Oh TRUST ("5ccurity Instrument") is made on July 9, 2009 by the
<br />grantor(s) Michael R Flodman, Ilusband, whose address is 3227 Ponca Circle, Grand Island, Nebraska 68803 ;
<br />and Debra L I+lodman, Wife, whose address is 3227 Ponca Circle, Grand Island, Nebraska 68803 ("Grantor").
<br />The trustee is TierOne Bank whose address is 1235 'N' St / P.O. Sox 83009, Lincoln, Nebraska 68501
<br />("Trustee"). The beneficiary is 1'ierOne Bank whose address is PO Box 5018 / 700 N Webb RD, Grand Island,
<br />Nebraska 68802-5018 ("Lender"), which is organized and existing under the laws of United States of America.
<br />Grantor in consideration of loans extended by Lender up to a maximum principal amount of Sixty-five
<br />"Thousand and OU/100 Dollars ($65,000.00) ("Maximum Principal Indebtedness"), and for other valuahle
<br />consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust,
<br />with power of'salc, the following described property located in the County of Hall, State of Nebraska:
<br />Address: 3704 W 13th, Cwand Island, Nebraska 68803
<br />hegal Description: A part of the Southeask Quarter of the Southwest Quarter (SE1/4SW1/4) of Section
<br />Twelve (12), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., in Hall County, Nebraska,
<br />more particularly described as follows: Beginning at the Southeast corner of said Southwest Quarter
<br />(SW1/4); thence westerly along and upon the South line of said Section Twelve (12), a distance of 'two
<br />hundred Seventy-Two and Twenty-Five Hundredths (272.25) feet; thence northerly parallel to the Fast
<br />line of said Southwest Quarter (SW1/4), a distance of Two Hundred Forty (240.0) feet; thence easterly
<br />parallel to the South line of said Section Twelve (12), a distance of "Two Hundred Seventy= Two and 'l'wenty-
<br />Five Iundredths (272.25) feet, to the East line of said Southwest Quarler (SW1/4); thence southerly along
<br />and upon said East line of the Southwest Quztrter (SW1/4) a distance of Two Hundred Forty (240.0) feet to
<br />the place of beginning and containing 1.50 acres, more or less, of which 0.206 acres, more or less, are
<br />presently occupied by County Road right-of--way.
<br />Together with all casements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenerrtcnts, hcreditamcnts, cyuipmcnt, 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 (whcthcr 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 />comtcction with the about-described real property, payment awards, amounts rcccivcd from eminent domain,
<br />amounts rcccivcd from any and all insurance payments, and timber which may now or later be located, situated, or
<br />aPlixed on and ttsed in connection therewith (hereinafter called the "Property").
<br />RELA'1'EI) 1)OCUMh~N'1'S. '1"he words "Related 1ocuments" mean all promissory notes, security agreements,
<br />poor 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 Tnstrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Tnstrument secures the principal amottnt shown above as maybe 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 providcci 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 />FU'TURF, AUVANCb:S. 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 5ccurity Instrument regardless of the fact that from lime to time there
<br />may be no balance due under the note and regardless of whcthcr Lender is obligated to make such future advances.
<br />CROSS CO1,LA'1'ERALIZATION. It is the expressed intent of Grantor to cross collaterali~e all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />0.''A(14~2UUX Copyri@ht Cnmhlianec Systems. Inc. 63C'7-FiF:AFi- 200A.12282 www.complinncesystemvanu
<br />('ornmercial Real Estnte. 5ccurity Instnimcm ~~ bL4007 Pugr I of 5 SW~9l S-~N522 - Rix GIG..45G I M(rN
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