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<br />COMM�RaCIA� RE�aL �+ �T.��'L+' DE�+;D OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS AItE SECURED BY THIS REAL ESTATE DEED
<br />OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on February 9, 2011 „2S�
<br />by the grantor(s) Kent R Daws, whose address is 4019 Zola Lane, Grand Island, Nebraska 68803 , and
<br />Tammy S Daws, whose address is 4019 Zola Lane, Grand Island, Nebraska 68803 ("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 Twenty-six Thousand and 00/100 Dollars ($26,000.00) ("Maacimum Principal
<br />lndebtedness"), 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 foilowing described property located in the
<br />County of Hall, State of Nebraska:
<br />Address: 1832 W llth St, Grand Island, Nebraska 68803-3711
<br />Legal Description: Lot Ten (10), Block Seven (7), Boggs and Hilt Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />Together with all easements, appurtenances abutting streets and alleys, ir��provements, buildi.�gs, 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 />�1Lscribed re�l prcperty), �,vells, �vell �erj�i;ts, ditc•.hes, ditih ::g.'��s, reserv�irs, reservoir rights, reservpir si+..as,
<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 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 ageements executed in connection with this Securiry Instrument whether now or hereafter existing.
<br />The Related Documents are hereby_ made a part of this Security Instrument by ;eference 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 welI as the agreements and covenants of this Security Instr and all Reiated Documents
<br />(hereinafter all referred to as the "Indebtedness"). Secured debt includes, but is not limited to, the following:
<br />promissory note dated February 9, 2011, in the amount of $22,231.44 and any renewals, extensions or
<br />modi�cations.
<br />MATURITY DATE. The Indebtedness, if not paid earlier, shall be due and payable on February 9, 2016.
<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 />O 2004•2010 Cqmplia�+ce Systems,.Inc.�F947-D266 - 2010.05:365 �-
<br />Commercial Rral Estate Securim instrument�- DIA007 � ��� � Paue. 1 nf 5 www emm�iiannac�sreme enm
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