|
_
<br />~
<br />~ ~~ ~'° (i .%k ;fit ~
<br />~ ~
<br />-(
<br />~
<br />r 4
<br />i
<br />~
<br />"_'
<br />"
<br />'
<br />~
<br />
<br />~ ~
<br />c~
<br />G~ ..-.1
<br />7 m
<br />•~!
<br />
<br />
<br />~~
<br />N- ~
<br />`
<br />1
<br />~ ~~
<br />~ ~
<br />D 1
<br />1
<br />1
<br />~ V!
<br />~
<br />\
<br />~ ,7
<br />C
<br />~~
<br />~ ~
<br />B
<br />~ ~
<br />~ ~
<br />~
<br />1"If
<br />
<br />~
<br />H
<br />o
<br />E-' ~
<br />C7 ~
<br />t~ A
<br />~ . ~ ,
<br />~ n ~ ~,
<br />~ Q, ~ ~ c~ rra
<br />Z
<br />~ ~~ ~ Q h ~ _ 1 rn ".~ n, cx,
<br />W ~~
<br />~ ~~ ~ ~
<br />~ ~ q
<br />~ ~ {"' ^y7^ ~) ~
<br />
<br />~
<br />n1 ^ ~~ U7 ~
<br />~
<br /> W A w f
<br />f7
<br />_ ~ ~ '--t
<br />~
<br />~~ ~ ~ Q
<br />
<br /> a
<br /> b
<br />
<br /> oG~'~~
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY TIIIS REAL ESTATE DEED
<br />OF TRUST
<br />'T'his COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on April 7, 2010 by
<br />the grantor(s) K. C. HEHNKE, AND DEBORAH M. HEHNKE, HUSBAND AND WIFE, whose address is
<br />8406 N 110TH, Dannebrog, Nebraska b8831-0000 ("Grantor"). The trustee is Arend R. Baack, Attorney whose
<br />address is P.O. Box 790, Grand island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings
<br />& Loan 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 the United States of America. Grantor in
<br />consideration of loans extended by Lender up to a maximum principal amount of Thirty Thousand and 00/100
<br />Dollars ($30,000.00) ("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: 1924 West 10th, GRAND ISLAND, Nebraska 68801
<br />Legal Description: LOT ELEVEN (11), BLOCK ELEVEN (11), BOGGS AND HILL'S ADDITION TO
<br />THE CITY OF GRAND ISLAND, 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 goads of whatever descriptiot:l
<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 andlor 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, envirorunental 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 DEBORAH M .HEHNKE tc
<br />Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or
<br />charges 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 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 )~ender is obligated to make such future advances.
<br />-.. _ .. - -
<br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all-af- 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 />Ferformance of Obligations. Grantor promises to perform all terms, conditions, and covenants of tlus
<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 />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 that Grantor will warrant and defend generally
<br />4J 2004-2009 Compliance Systems, Inc. ~CE13-0C68 - 2009.12339
<br />Canmercial Real Estate Security Instrument - Dt,4007 Pflgc 1 of 5 www.cvmplianccsystcros.com
<br />
|