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<br /> LOAN NUMBER: 9928
<br /> COMMERCIAL R.EAL:ESTATE DEED OF TRUST
<br /> D1 D OF TRUST ("Security Instrument") is made on January 20, 2009
<br /> This COMMERCIAL REAL ESTATE
<br /> by the grantor(s) Dawn M Peard, whose SreFs rs 19?d Columbia Cir, Grand Island, Nebraska 68801
<br /> ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"), The
<br /> beneficiary is Pathway Bank whose address is P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is
<br /> organized and existing under the laws of the state of Nebraska. Grantor in consideration of loans extended by
<br /> Lender up to a maximum principal amount of Eighty-four Thousand Eight Hundred Seventy-five and 00/100
<br /> Dollars ($84,875.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of
<br /> which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the
<br /> following described property located in the County of Hall, State of Nebraska:
<br /> Address: 303 W 7th Street, Grand Island, Nebraska 68801
<br /> Legal Description: Lot One (1), Block Nine (9), in the Original Town, now City of Grand Island, Hall
<br /> County, Nebraska.
<br /> Parcel ID/Sidwell Number: 400000652
<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 latex be located, situated, or
<br /> axed on and used in connection therewith (hereinafter called th(,! "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 /> INDE'BTgDl4ESS: This Security'It slt ui dnt'secures the principal amount shown above as may be evtderieed by 'a
<br /> promissory note' or notes' of'even,' prior or' subsequent , date hereto, including 'future advances and everyother
<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 /> MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on January 20, 2010.
<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 /> 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:
<br /> Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br /> Security Instrument 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 the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br /> 0 2004-2007 Copyright Compliance systems, Ina. 2`5FA-263C -'2007.07.200` ' • • 'www.coinplianedsydtei.r` .Gom
<br /> Commercial Real Estate Security instrument - DL4007 Page 1 of 5 800.968-8522 - Fax 616-956-1868
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