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<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This C�MMERCIAL REAL EST'ATE DEED OF TRUST ("Security Instruttient") is made on December 21, 2010
<br />by the grantor(s) RIEF DEVELOPMENT, L.L.C., a Nebraska Limited Liability Company, whose address is
<br />315 Ponderosa Drive, GRAND ISLAND, Nebraska 68803 ("Grantor"). The trustee is Arend R. Baack, Attorney
<br />whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal
<br />Savings & Loan Associ�tion of Grand Island whose address is 221 South Locust Street, Grand Isl�nd,
<br />Nebraska 68801 ("Lender"), which is organized and existing under the laws of the United States of America.
<br />Grantor in consideration of loans extended by I.ender up to a maximum principal amount of One Hundred Sixty
<br />Thousand and 0�/100 Dollars ($160,000.00) ("Maximum Principal Indebtedness"), and for other valuable
<br />consideration, the receipt af which is acknawledged, irrevocably grants, conveys and assigns to Trustee, in trust,
<br />with power of sale, the follawing described property located in the County of Hall, State of Nebraska:
<br />Address: 3222 W Faidley Avenue, GRAND ISLAND, Nebraska 68803
<br />Legal Description: See Exhibit A
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, �xtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal gaods 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 pernuts, 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 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 thc "Property").
<br />RELATED DOCiJMENTS. "I'he words "Related Documents" mean all promissory notes, security agrecments,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction laan agreements, resolutians,
<br />guaranties, environmental agreennents, 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 />T'he Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force amd effect as if fully set forth herein.
<br />INDESTEDNESS. This Security Instnunent secures the principal amaunt shown above as may be evidenced by a
<br />promissory note or notes of even, prior or subsequent date hereta, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing frorn Grantor ta Lender, howsoever created or arising,
<br />whether priznary, 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 refened 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 o£ 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 Lender is obligated to make such future advances.
<br />CROSS COLLATERAI.IZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligatians ta I,�nder, howsaever arising and whensoever incurred.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigras, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />Performance of Obligations. Grantar promises to perform all terms, conditions, and covenants of this
<br />Security Tnstrument 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 canveyed 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 far encumbrances
<br />of record acceptable to Lender. Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule af
<br />� 2004-201D Compliance Syatcros, Inc. F947-8AGE - 2010.05.365
<br />Commercial Resl �.state Security Inetrumen[ - DLA007 Page 1 of5 www.eomplianceaystems.eom
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