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<br />LOAN NUMBER: 9322117
<br />(space Above This Lane For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on September 15,
<br />2009 by the grantor(s) Housing Development Corporation, a Nebraska Corporation, whose address is PO Box
<br />1005, Hastings, Nebraska 68902 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is P.O.
<br />Sox 790, Grand Island, Nebraska 68802 ("Trustee"). The beneftciary 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 Ninety-four Thousand Nine Hundred
<br />Thirteen and 31/100 Dollars ($94,913.31) ("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 />Address: 2439 Del Monte Ave, Grand Island, Nebraska 68801
<br />Legal Description: Part of the East One Half of the southeast Quarter of Section Twenty (20) in Township
<br />Eleven (11) North, Range Nine (9), West of the 6th PM, Hall County, Nebraska, and more particularly
<br />described as follows: Commencing at the northwest corner of Lot One (1), Block Five (5), Bel Air Addition,
<br />an Addtion to the City of Grand Island, Nebraska; running southeasterly along and upon the West lot line
<br />as extended, of said lot for a distance of 126 feet; thence running southwesterly on a line parallel with the
<br />south line of Del Monte Avenue for a distance of 88 feet; thence running northwesterly on a line parallel
<br />with the West lot line of Lot 1, Block 5, In said Bel Air Addition for a distatnce of 126 feet to the south line
<br />of Del Monte Avenue; thence running northeasterly on and upon the South line of Del Monte Avenue for a
<br />distance of 88 feet to the point of begiuning.
<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 />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 />INDEBTEDNESS. This Security Instrument secures the principal amount 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 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 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 on the date of this Security Instrument regardless of the fact that 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 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 />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:
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<br />® 2004-2009 Compliance Systems, Inc. 09A4-2979 - 2009.04.57
<br />Commercial Real Estate Security Instrument - DL4007 Pnge 1 of 5 www.compliancsystems.com
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