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<br />LOAN NUMI3.ER: 16372100
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on August 31, 2009 by
<br />the grantor(s) Craig E. Ensley, aad Karen K. Ensley, Husband and Wife, whose address is PO Box 5822,
<br />Grand Island, Nebraska 68802 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is P.O.
<br />Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br />Association of Grand Island whose address is 221 South locust Street, Grand Island, Nebraska 68801
<br />("Lender"), which is organized and existing under the laws of United States of America. Grantor in consideration
<br />of loans extended by Lender up to a maximum principal amount of Two Hundred Thirty Thousand and
<br />00/100 Dollars ($230,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, tlae
<br />receipt of which is acknowledged, irrevocably grants, conveys and assigns to 'T'rustee, in trust, with power of sale,
<br />the following described property located in the County of Hall, State of Nebraska:
<br />Address: 204 Gold Rd, 3724 and 3728 W. Old Hwy 30, Grand Island, Nebraska 68803
<br />Legal Description: LO'T' EIGIIT (8), WESTGA'1'E 6TH SUBDIVISION IN TIIE CITY OF CRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />LO'CS 7 & 8 IN REUTINGS FIRST SUBDIVISION, CITY OF GRAND ISLAND, HALT COUNTY,
<br />NEBRASKA.
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goads 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 stack 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 />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 anal 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 />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 Karen K. Ensley to Lender,
<br />howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges
<br />provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security
<br />Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness").
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made an t}ae date of this Security Instrument regardless of tl~e fact drat from time to time there
<br />maybe no balance due under the note and regardless of whether Lender is obligated to make such future advances.
<br />CROSS COLLATERALIlATION. It is the expressed intent of Grantor to crass collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<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 />Performance of Ohligatlons. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instniment and Related Documents in accordance with the terms contained therein.
<br />Defense and Title to Property. At the time of execution and. delivery of this instrument, Grantor is lawfully
<br />seised of tlae estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />(i9 2Uf14-2009 Compliance Systems, Inc. 09A4-78bA - 2U09.U4,S7
<br />Commercial RZFd Fslale Security Inshvment • 6L4007 Page I of 5 www.cmnplinncasystems.cnrn
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