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<br />c <br />M <br />C=) <br />0000~ <br />e <br /> <br />C__ <br />C1 Z <br />~ <br />N <br /> <br />r %v <br />o <br />? <br />C <br />M <br /> <br /> <br />3 <br />r n <br />am. <br />r7s <br /> <br />o aF <br />y <br />CD <br />cn <br />(Space Above This Line For Recording Data) 77 <br />COMMERCIAL REAL ESTATE DEED OF TRUST / <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on May 18, 2011 by <br />the grantor(s) Danny D. Lindell, whose address is P O Box 132, Cairo, Nebraska 68824-0132 , and Sharon K. <br />Lindell, husband and wife, whose address is P O Box 132, Cairo, Nebraska 68824-0132 ("Grantor"). The trustee <br />is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is <br />Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska 68824 ("Lender"), which is <br />organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by <br />Lender up to a maximum principal amount of One Hundred Twenty-five Thousand and 00/100 Dollars <br />($125,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is <br />acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following <br />described property located in the County of Hall, State of Nebraska: <br />Address: 412 S Nubia Street and 507 S Thebe, Cairo, Nebraska 68824 <br />Legal Description: Parcel #1 <br />Lot Six (6) and the South Twenty-Eight (28) feet of Lot Five (5), all in Block Two (2), in the Third Addition <br />to the Village of Cairo, Hall County, Nebraska <br />Parcel #2 <br />Address: 507 S Thebe Street, Cairo Nebraska 68824 <br />Legal Description: The South Twelve and a Half (12.5) feet of Lot Three (3), all of Lot Four (4), and the <br />North Half (NI/2) of Lot Five (5), in Block One (1), in the First Addition to the Village of Cairo, Hall <br />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 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 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 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 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"). <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 />® 2004-2010 Compliance Systems. Inc. F947-32BB - 2010.05.365 <br />Commercial Real Estate Security Instrument - DL4007 Page 1 of 5 w .compliancesystems.com <br />Initials <br />