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<br />- . CQMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANC�S AND FUTURE OBLIGATIONS AR� SECURED B`l' THIS �EAI:.ESTAT� DE�D
<br />OF TRUST
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<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on February 10, 2011
<br />by the grantor(s) Donn K Hickok, husband, whose address is P.O. Box 224; 313 High Street, Cairo, Nebraska
<br />68824 , and Victoria L Hickok, whose address is 507 S Nubia, Cairo, Nebraska 68824 ("Grantor"). The trustee is
<br />Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is Pathway
<br />Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is organized and
<br />existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by Lender up to a
<br />maximum , principal amount , of Fifty Thousand and 00/100 Dollars ($50,000.00) (°Maximum Principal
<br />Indebtedness"), and far other valuable consideration, the receipt of which is acknowledged, irrevocably grants, . � o
<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: 507 S Nubia, Cairo, Nebraska 68824
<br />Legal Description: Lot 4 and the North 20 feet of Lot 5, Block 4, Third Addition to the Village of Cairo,
<br />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 �ronerty), wells, well nermits, 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 anci/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, secwity agreements,
<br />prior mortgages, prior deeds of irust, 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 principai amount shownabove as maybe 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"). Secured debt includes, but is not limited to, the following:
<br />promissory note dated February 10, 2011, in the amount of $25,000.00 and any renewals, extensions or
<br />modi�cations.
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />suc?�i a�vanees :vere r:iade or the d�e af t�is Security Instrumer.t regardless of the fact t1;at fron� t�:z�e Yo t:-ne tl�ere
<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 />O 2004•ZOIO Compliance Systems, Ine. F947-06CC - 2010.05.365
<br />Cnmmercial Renl Rstate Sr.curirvinctnimwnt. DTd007
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