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<br />CaMMF,RCI�L RE 4,L ]�STATE DEtiD OF TLRVIST
<br />7'his COMMERCIAL REAL ESTATE DEED OF TRUST ("Security lnstrument") is made on December 16, 2010
<br />by the grantor(s) Richard L. Snyder, Husband, whose address is 424p Arizona St, Grand Island, Nebraska
<br />6$$O1 , and Connie J. Snyder, Wife, whose address is 4240 Arizona St, Grand Island, Nebraska 6$801
<br />("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68$24 ("Trustee"). The
<br />beneficiary is Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender"),
<br />which is organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans
<br />extended by Lender up to a maximum principal amount of Ninety Thousand Sixty-nine and 00/100 Dollars
<br />($90,069.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is
<br />acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following
<br />described praperty located in the Caunty of Hall, State of Nebraska:
<br />Legal Description: Parcel #1
<br />Lat One (I), Block Twenty (20), Packer and Barr's Second Addition to the City of Crand Island, Hall
<br />County, Nebraska.
<br />Parcel #2
<br />The North 46 feet of Lot Six (6), Block Eight-Seven (87), in Wheeler & Bennet's Fourth Addition to thc
<br />City of Grand Island, Hall County, Nebraska
<br />Parcel #3
<br />All of Lot �ight (8) and the Westerly 5.4 feet of Lot Seven (7), all in Block Nine (9), in Boggs und Hills
<br />Addition to the City of Grand Island, Hall County, Nebraska.
<br />'Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, �xtures,
<br />tenements, hereditamenCs, equipment, rents, income, pro�ts 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 />oth�rwise), 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 fram any and all insurance payments, and timber which may now or later be located, situated, or
<br />af(ixed oi� and used in connection therewith (hereinafter calted the "Property").
<br />RELATED DOCUMENTS. The wards "Related Docurnents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of ti business loan agreements, consh'uction 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 naw 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 />IND�BTEDN�SS. 1�his Security Instnunent secures the principal amount shown above as may be evtdenced by a
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebCedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising,
<br />whether primary, secondary or cantingent. together with any intarest or char�es provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Docu►nents
<br />(hereinafter all referred to as the "Indebtedness").
<br />MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on June 16 zo11.
<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 lnstrument regardless of the fact that from time to time there
<br />may be na 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 collakeralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />d; 2004-2010 Compligncu Systems, Ina F9A7-4032
<br />COtrlme�iial Renl F.SIuIC SC�Wi( Inctrumnnt - DL40
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<br />2010,05,365
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