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<br /> <br /> rn <br /> <br /> <br /> fV ►Z ~ D c o [ ca <br /> -71 <br /> CD rrt..~.n b m rn CT•7 C-] <br /> CD C (A t z) OD 37 <br /> CT) X <br /> C= <br /> Co co <br /> r-A <br /> M <br /> t ~t~ C3~ Cri CJ <br /> Z <br /> tt+t~ <br /> (Space Above This Line For Recording Data) <br /> LOAN NUMBER: 10015, <br /> COMMERCIAL REAL ESTATE DEED OF TRUST <br /> FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED <br /> OF TRUST <br /> This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 3, 2009 by <br /> the grantor(s) Craig Harders, husband, whose address is 11249 W Old Potash Hy, Wood River, Nebraska <br /> 68883 ; and Lora Harders, wife, whose address is 11249 W Old Potash Hy, Wood River, Nebraska 68883 <br /> ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"), The <br /> beneficiary is Pathway Bank whose address is P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is <br /> organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by <br /> Lender up to a maximum principal amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) <br /> ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, <br /> irrevocably grants, conveys and' assigns to Trustee, in trust, with power'of sale, the following described property <br /> located in the County of Hall, State of Nebraska: <br /> Legal Description: The Northeast Quarter (NE 1/4) of Section Thirty Two (32), Township Eleven (11) <br /> North, Range Twelve (12) West of the 6th P.M., 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 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, darns 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 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 to Lender, 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 Instrument and all Related Documents <br /> (hereinafter all referred to as the "Indebtedness"). <br /> MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on March 3, 2010. <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 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 terms contained therein. <br /> ® 2004-2008 Copyright Compliance Systems, Inc. 630-061317 - 2008.12.282 www.compliancesystems.com <br /> Commercial Real Fstate Security Instrument - DL4007 NO I of s 800-968-8522 - Fax 616-956-1868 <br /> Initials <br />