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<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMMERCIAL REAL ESTAT� DEED OF TRUST ("Security Instrument") is made on Novernber 17,
<br />2010 by the grantor(s) Tedd Robb, A Single Person, whose address is 2811 South Locust St, Grand Island,
<br />Nebraska 68801 ("Grantor"). The trustee is Union Bank & Trust Company whose address is 3643 Soath 48th
<br />Street, Lincoln, Nebraska 68506 ("Trustee"). The beneficiary is Union Bank & Trust Company whose address
<br />is 3643 South 48th Street, PO Box 82535, Lincoln, Nebraska 6$50l -2535 ("Lender"), which is organized and
<br />existing under the laws ol' thc State of Nebraska. Grantor in consideration of loans extended by Lender up to a
<br />maximum principal amount of One Hundred Twenty-seven Thousand Five Hundred and 00/l00 Dollars
<br />($127,500.0�) ("Maximum Principal Indebtedness"), and for oCher valuable consideration, the receipt of which is
<br />acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with powet of Sale, the land and
<br />praperty described below:
<br />Address: 718, 720, 722, & 724 Church Road, Grand Island, Nebraska 68801
<br />L.egal Description: Lnt Eleven (11), Sunny Acres Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixcures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other righ�s and privileges including all rninerals, 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 rnay now, or at any time in the future, be locat�d on and/or used in
<br />connection with .the above-described real property, payment awards, amounts received from eminent domain,
<br />amounts received frorn any and all insurance payments, and tirnber which rnay now or later be lacated, situated, or
<br />affixed on and used in connection Cherewith (hereinafter called the "Property").
<br />RELATED DOCUMENTS. The w�rds "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construcCion loan agreements, resolutions,
<br />guaranties, environrnental agreements, subordination agreernents, assignrnents of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instrument whether now c�r 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 rnay be evidenced by a
<br />promissory noCe 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 frorn Grantor to L,�nder, 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 Instrunient and all Related Documents
<br />(hereinafter all referred to as the "Indebtedness"). INCREASED MAXIMUM PRINCIPAL
<br />INDEBTEDNESS: Grantor hereby acknowledges that the principal amount shawn above will
<br />automatically be increased by any future advances or other Indebtedness of the Grantor to the Lender.
<br />Notwithstanding the foregoing, the parties a e that the total amounf which is secured by this Security
<br />Instrument sha11 nat exceed $255,000.00. �(Initials)
<br />FUTURE ADVANCES. To the extent perrnitted by law, this Security Instrument wrll secure future advances as if
<br />such advances were mada an the date of this Security Instrument regardless of the fact that from time to tirne there
<br />may be no balance due under the note and regardless of whether L.ender is obligated ta make such future advances.
<br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor ta cross collateralize all of its
<br />Indcbtedness and obligations to Lender, howsaever arising and whensoever incurred.
<br />WARRANTrES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as lollows:
<br />Performance of Obligations. Grantor prornises to perf�rm 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 executipn and delivery of this instrument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to rnortgage, grant, convey and assign the
<br />� 20U4-ZUlU Cumpliana Systcros, Ina I�J47-6C46 - 201U.U5365 .
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