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<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FU"PURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY TIIIS REAI, ESTATE DEED
<br />OF "['RUST
<br />This COMMERCIAL REAL ES1"ATE DEED OF TRUST ("Security Instrument") is made on February 9, 2010
<br />by the grantor(s) Grand Island Commercial Ventures, L.L.C., a Nebraska Limited Liability Company, whose
<br />address is 429 Industrial Lane, GRAND ISLAND, Nebraska 68$03 ("Grantor"). The trustee is Arend R.
<br />Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is
<br />Home Federal Savings & .Loan Association of Grand Island whose address is 221 South Locust Street,
<br />Grand Island, :Nebraska 68801 ("L,ender"), which is organized and existing under the laws of the United States of
<br />America. Grantor in consideration of loans extended by Lender up to a maximum principal amount of Two
<br />Hundred Fifty 'T'housand and 00/100 Dollars ($250,000.00) ("Maximum Principal Indebtedness"), and for other
<br />valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee,
<br />in trust, with power of sale, the following described property located in the County of Hall, State of Nebraska:
<br />Address: 515 S Webb Road, GRAND ISLAND, Nebraska 68803
<br />Legal Description: Lots One (1), Two (2) and 'T'hree (3), Commercial Industrial Park Fifth Subdivision,
<br />City Of Grand Island, Hxll County, Nebraska.. _
<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 ail 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 />aiI`ixed on and used in comnection 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 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 FEW INC. to Lender, howsoever
<br />created or arising, whether primary, secondary or contingent, together with any interest or charges provided in or
<br />arising out of such indebtedness, as well as the agreements and covenants of this Security Instrument and all
<br />Related Documents (hereinafter all referred to as the "Indebtedness").
<br />FUTURE ADVANCES. To the extent permitted. by law, dais 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 ternis contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this instalment, Grantor is lawfully
<br />seised of the estate hereby conveyed. and has the exclusive right to mortgage, grant, convey and assign the
<br />Property. Grantor covenants that the Property is unencumbered and free of all liens, except for encumbrances
<br />of record acceptable to Lender..Further, Grantor covenants drat Grantor will warrant and defend get>erally
<br />~) 2DD4.20D9 Compliance Systems, Inc. FCEEa-ED73 - 2009,12.339
<br />Commercial Real Estate Security Instnimnnl. - DL4007 Page I of 5 www.cmupliancesysteuu.com
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