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~~ <br />~~• <br />~~ <br />, ~ <br />.' i ~ , <br />t <br />~ <br /> <br />,. <br />rv <br />lM <br /> _ <br />ti r ° ea ua <br /> = ~ r <br />~~ <br />~ ~ C <br />~ ~ <br />n <br />~. <br />~ ~ ~ ~ <br />~ N <br />e ~ Z <br />_ }.. <br />~+ ~ ~ C7 <br /> ~t C~ ~ - <br />~ <br /> <br />~ . <br />~ (~ Z <br /> ~ ~ <br />~~ ~ r- ~ rv C <br />~r <br />~r <br />~ ~ <br />~~ Q 0 <br /> ~ Q <br /> (Space Above This Line For Recording Bata) _ ~" <br /> <br />COMMERCIAL REAL ESTATE DEED OF TRUST ~ <br />--~ <br /> FUTURE ADVANC ES ANll FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE; DEED ~" ~ ~' <br />~` <br /> OF TRUST '' <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 19, 2010 by <br />the grantor(s) Bosselman, Inc., a Nebraska Corporation, whose address is 3123 W. Stoney Park Road, <br />GRAND ISLAND, Nebraska 68801 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is <br />P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan <br />Association of Grand Island whose address is 22l South Locust Street, Grand Island, Nebraska 68801 <br />("Lender"), which is organized and existing under the laws of the United States of America. Grantor in <br />consideration of loans extended by Lender up to a maximum principal amount of Three Million and 00/100 <br />Dollars ($3,000,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of <br />which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the <br />following described property located in the County of Hall, State of Nebraska: <br />Address: 2511, 2525 and 2537 N. Diers Ave, 2028 N. Broadwell Ave, 3212 S Locust St. and 3355 W. Stoney <br />Park Rd., GRAND ISLAND, Nebraska 68801 <br />Legal Description: Parcel 1: Lots One (1) and Two (2), Bosselman Subdivision, an Addition to the City of <br />Grand Island, Hall County, Nebraska EXCEPT A certain tract to the City of Grand Island, Nebraska more <br />particularly described in Warranty Deed recorded as Document No. 200607740. <br />Parcel 2: All of Lots One (1) and Three (3), Block Twenty Six (26), of Gilbert's Third Addition to the City <br />of C=rend Island, Hall County, Nebraska. <br />Parcel 3: Lot Eight ($), Woodland Second Subdivision, an Addition to the City of Grand Island, Hall <br />County, Nebraska. <br />Parcel 4: Lot Twelve (12) and the Westerly Twenty (20.0) Feet of Northerly Two Hundred (200.0) feet of <br />Lot Eleven (11), Mayer-Mehring Subdivision, in the City of Grand Lsland, Hall 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 all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean ctr <br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or'not appurtenant to the above- <br />described real property), wells, well perniits, 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 (nstrument 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 amowrt 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 Boss Truck Sltops, Inc. 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 firture 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 />Q9 2UU4-ZOU9 Compliance Systems. Inc. FCEB-B86A • 2D09.12339 <br />Commercial Rcal Estate Security Instrument - DLA007 Pace 1 of 5 www.compliancesystetns.cnm <br />