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<br />(Space Above Tlus Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
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<br />This COMN�RCIAL REAL ESTATE DEED OF TRUST ("Security Insirument") is made on April 19, 2011 by
<br />the grantor(s) Thayer Family L.L.C., a Nebraska Limited Liability Company, whose address is 404 Woodland
<br />Drive, Grand Island, Nebraska 68801 ("Grantor"). The trustee is Arend R. Baack, Attorney whose address is
<br />P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings & Loan
<br />AssociaHon of Grand Island whose address is 221 South Locust Street, Grand Island, Nebraska 68801
<br />("Lender"), which is organized and existing under the laws of the United States of Atnerica. Grantor in
<br />consideration of loans exterided by Lender up to a maximum principal amount of One Million Siz Hundred
<br />Seventy Thousand and 00/100 Dollars ($1,670,000.00) ("Maximum Principal Indebtedness"), and for other
<br />valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee,
<br />in ttust, with power of sale, the following described properiy located in the COLTNTY of HALL, State of
<br />Nebraska:
<br />Address: Village Third and Fourth Subdivision, GRAND I5LAND, Nebraska 68801
<br />Legal Description: LOT THREE (3) THE VII.LAGE THIRD SUBDIVI5ION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRA5KA.
<br />LOTS ONE (1), TWO (2), THREE (3), FOUR (4) AND FIVE (� AND OUT LOTS A, B AND C THE
<br />VII.LAGE FOURTH SUBDIVISION CITY OF GRAND ISLAND, 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 appurtena.nt to the above-
<br />described real property), wells, well permits, 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 the "Property").
<br />RELATED DOCiTMENTS. 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 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 futttre 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 tha agreements and covenants of this Security Instrument and all Related Documents
<br />(hereinafter 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 COLLATERAT.I7.ATION. 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 L.ender, 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 the exclusive right to mortgage, grant, convey and assign the
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<br />� 2004-2010 Complience Systems, Inc. F947-83B3 - 20t0.05365
<br />Commential Real Fstate Security Instrumeet - DL4007 Pege 1 of 5 www.compliaacesystema.com
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