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�� <br />� <br />� <br />N �� <br />� �� <br />� ��� <br />0 �� <br />� �� <br />� � <br />� <br />W <br />�� <br />�� <br />�^ <br />�� <br />��� <br />�� <br />,w � <br />y, i� � � �. � a; <br />� <br />\ � <br />C <br />� <br />�� <br />� <br />� <br />� <br />•� <br />� <br />� a <br />� <br />� <br />�� <br />� <br />� <br />6\ <br />�-.- <br />� <br />,__. <br />. � <br />� :_; l.. <br />�. <br />.?�] T 1 � t�'�� <br />C}�l `..��,. �� <br />, r; ` � L r N <br />r:� �� <br />rri � -� <br />� � <br />U> <br />�•, 1—+ <br />� � <br />�' <br />(Space Above This Line For Recording Data) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />c�a �.-� <br />o —� <br />� �_. <br />� � <br />� � <br />� C:J <br />p -r, <br />� n <br />•- �.� <br />r � <br />t— y,. <br />C/� <br />.� <br />� <br />� <br />[n <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 . <br />Cpmmer�inl R�al F:stat� SnCUrily Inslrument • UTAOO7 Pxgc 1 u[5 www.cnmpliancaFyFtzms.tom <br />� <br />� Y <br />� <br />F--` <br />O <br />� <br />Gb <br />� <br />O <br />� <br />m <br />� <br />��1 <br />O <br />A <br />Ci] <br />� <br />� <br />� <br />� <br />t'f1 <br />� <br />Z <br />� <br />�y,�o <br />