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<br />CONIlVIERCIAL REAL ESTATE DEED OF TRUST
<br />TYus COMI��RCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on June 2, 2011 by the
<br />grantor(s) Carol J Staples, a s�gle person, whose address is 816 W 2nd St, Grand Island, Nebraska 68801
<br />("Grantor"). The trustee is Pafhway Bank whose address is PO Box 428, Cairo, Nebraska 68824 ("Trustee"). The
<br />beneficiary is Pathway Bank whose address is 306 S High St, P O Boz 428, Cairo, Nebraska 68824 ("Lender"),
<br />which is organized and eacisting under the laws of the State of Nebraska. Grantor in considera.rion of loans
<br />extended by Lender up to a maximum principal amount of Sigty'-seven Thousand and 00/100 Dollars ($67,000.00)
<br />("Maximum Principal Indebtedness"), and €or other valuable consideration, tkie receipt of whieh is aclmowledged,
<br />irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale, the following described property
<br />located in the County of Hall, State of Nebraska:
<br />Address: 1019-1021 S Eddy Street, Grand Islaad, Nebraska. 68801
<br />Legal Description: The South Faurteen and Twenty-f�e Hnndredths (14.2� feet of Lot Seven ('n, and
<br />North Thirty-five and Seventy-�ive (35.7� feet of Lot Six (�, Block Two (2), in Better Homes Subdivision,
<br />in the City of Grand Island, Ha11 County, Nebraska.
<br />Parcel ID/Sidwell Number: 400018411
<br />Together with all easements, appurtenances abu�ttting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever descriprion
<br />and all other rights and privileges including ali minerals, oil, gas, water (whether groundwa.ter, subterranean or
<br />otherwise), water rights (whether ripar�an, 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, dau�s and wa�er 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 whicfi 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 />guaranries, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Inst�vment whether now or hereafter existing.
<br />The Related Documents are hereby, made a part of this Security Tnstrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures the prin�ipal 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 pri�rary, seconrlary or cantingent, togetker w�ith any interest or chazges 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 June Z, 2011, in the amount of $46,000.00 and any renewals, egtensions or
<br />modifications
<br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will secure firture 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 GOLLATERALIZATION. It is the expressed iment of Grautor 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 accordaace with the terms contained therein.
<br />' , ,1�
<br />m 2064-2010 CompGanra 3ystea�s, Ina F947-SDAC - 2010.05.365
<br />Commercml Resl Eamie Securitv i atrument _ Did007
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