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�� �� �� 0 �� � �� �� 0 N �� � �� � � �� � �� �� �� �� � �' � � � 'r. � ) `�4� � � c� c � � � �. t� � ��`-- � �� rn C ty Z A � � T = � � � � � � � � � � �4 n y � � T ��.,..� r- ` , c.-. `�7 r_:; r'�� tW, 0 u� S;-_.. (Space Above This Line For Recording Data) COMMERCIAL REAL ESTATE DEED OF TRUST �.., � w rv � � 6—� � ^r7 c� u � U —i � :> � rn � � _ �; r �> U� .__.. � v� v� This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on April 8, 2011 by the grantor(s) ROYAL PRINCE APARTMENTS, L.L.C., a Nebraska Limited Liability Company, whose address is PO BOX 5256, GRAND ISLAND, Nebraska 68802 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801 ("Lender"), which is organized and existing under the laws of the United States of America. Grantor in consideration of loans extended by Lender up to a maJCimum principal amount of One Hundred Seventy Thousand One Hundred Twenty-three and 92/100 Dollars ($170,123.92) ("Maacimum Principal Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the COUNTY of HALL, State of Nebraska: Address: 311 N Lincoln, GItAND ISL.AND, Nebraska 68801 Legal Description: LOTS FIVE (5) AND SIX (6), AND THE WEST SIX (6) FEET OF LOT SEVEN (7), BLOCK TWELVE (12), ARNOLD AND ABBOTT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRA3KA Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fuctures, tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above- 3escribed real prope:ty), �c�sLs, we11 ge.*mits, ditches, ditch rights, reservoirs, rese.*voir rights, :esPn�oir sites, storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in connection with the above-described real property, payment awards, amounts received from eminent domain, amounts received from any and all insurance payments, and timber which may now or later be located, situated, or affixed on and used in connection therewith (hereinafter called the "Property"). RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements, prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions, guaranties, envirorunental agreements, subordination agreements, assignxnents of leases and rents and any other documents or agreements executed in connection with this Security Instrument whether now or hereafter existing. The Retated Documents are hereby made a part of this Security Instrument by reference thereto, with the same force and effect as if fully set forth herein. INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a promissory note or notes of even, prior or subsequent date hereto, including future advances and every other indebtedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness"). FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure future advances as if such advances were made on the date of this Security Instrument regardless of the fact that from time to time there may be no balance due iuider the note and regardless of whether Lender is obligated to make such future advances. CROSS COLLATERAI,IZATION. It is the expressed intent of Grantor to cross collateralize all of its Indebtedness and obligations to Lender, howsoever arising and whensoever incurred. WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents, warrants, covenants and agrees with Lender, its successors and assigns, as follows: Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this Security Instrument and Related Documents in accordance with the terms contained therein. Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor is lawfully seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the Property. Grantor covenants that the Property is unencuxnbered and free of all liens, except for encumbrances of record acceptable to Lender. Further, Grantor covenants that Grantor will warrant and defend generally � 2004-2010 Compliance Systems, Inc. F947-452D - 2010A5365 Commercial Real Estate Security Instrument - DLA007 Page 1 of 5 www. compliances,yrs tems. com v 4� � � �;�' � � � � O rv a � r—� O N � H t� ��J