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� <br />e � <br />� �� <br />� �� <br />A �� <br />0 <br />CJ1 - <br />OD �� <br />��� <br />�� <br />�� <br />�� <br />� �� <br />� <br />tS ° �``` � <br />� o�z <br />� Q � � <br />� � ?�o <br />� <br />� � <br />� <br />� <br />� <br />� <br />� <br />� <br />c, <br />a�v''� <br />�NN <br />� _ <br />�� <br />A � <br />� <br />� <br />�t c� cr <br />o —� <br />� C D <br />rn Z � <br />C3� � � �? <br />�� <br />o 'n <br />C7� �t ? <br />� rn <br />� A m <br />� r �o <br />r a <br />� <br />� � <br />o ._...� <br />CL9 Cn <br />Cr� <br />(Space Above This Line For Recording Data) <br />COMMERCIAL REAL ESTATE DEED OF TRUST <br />� <br />� <br />0 <br />�. <br />� <br />� <br />� <br />� <br />t'�i, <br />� <br />� <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on February 3, 2011 <br />by the grantor(s) THOMAS D. BEDNAR, and TAMI J. BEDNAR, Husband and Wife, whose address is <br />3444 S STUHR RD, GRAND ISLAND, Nebraska 68801-0000 ("Grantor"). The trustee is Arend R. Baack, <br />Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home <br />Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island, <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 Lender up to a maximum principal amount of Three Hundred <br />Eiglity-six Thousand Three Hundred Twenty-one and 33/100 Dollars ($386,321.33) ("Maximum Principal <br />Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, <br />conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall, State of Nebraska: <br />Address: 3444 S Stuhr Road, GRAND ISLAND, Nebraska 68801 <br />Legal Description: Lot One (1), Platte View Subdivision, Hall County, Nebraska � <br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, flxtures, <br />tenements, heredieaments, 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, reserooir sites, <br />storage rights, dams and w,ater stock that may now, or at any time in the future, be located on and/or used in <br />coimection 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 wards "Related Documents" mean all promissory notes, security agreeinents, <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 and TAMI J. BEDNAR to Lender, <br />howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges <br />provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security <br />Instrument and all Related Documenfs (hereina$er all referred 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 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 />Defense and Title to Property. At the time of execution and delivery of this instrument; Grantor iS lawfully <br />seised of the estate hereby conveyed and has tlie exclusive right to mortgage, grant, convey and assign the <br />Property. Grantor covenants that the Property is unencumbered and free af all liens, except for encumbrances <br />of reeord acceptable to Lender. Further, Grantor coveriants that Grantor will warrant and defend generally <br />the title to the Property against any and a11 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 of <br />C<> 2004-2p10 Comp�iance Systems, Ina F947-2866 - 2010.05365 <br />Commercial Real Estate Security Instrument - DL4007 � - � Page I of 5 <br />�vww. compliancesystems. tom <br />0 <br />N <br />d <br />F—�► <br />F--� <br />O <br />►—► <br />0 <br />cl <br />� <br />�a <br />• <br />4 <br />� <br />e� <br />