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<br />COMMERCIAL IitEAL ESTATE DEED OF TRUST
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<br />This COMIV�RCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on July 28, 2011 by
<br />the grantor(s) Robert A. Arends, and Nancy C. Arends, husband and wife, whose address is 1542 Warbler
<br />Circle, GRAND ISLAND, Nebraska 68803 ("Grantor"). The trustee is Arend R Baack, Attorney whose address
<br />is P.O. Boz 790, Grand Island, Nebraska 68802 ("Tntstee"). The beneficiary is Home Federal Savings &
<br />Loan Association of Grand Island whose address is 221 5outh Locust Street, Grand Island, Nebraska 68801
<br />("Lender"), which is organized and existing uader the laws of the United States of America. Grantor in
<br />consideration of loans extended by Lender u� to a maximum principal amount of Ninety-sig Thousand and
<br />00/100 Dollars ($96,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the
<br />receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale,
<br />the following described properly located in the �OiJNTY of HALL, State of Nebraska:
<br />Address: 802 S Locust, GRAND I5LAND, Nebraska 68801
<br />Legal Description: See Attached Ezhibit A
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, incoane, 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, ap 'ropriate or otherwise, and whether or not appurtena.nt to the above-
<br />described real property), wells, well permi�, di�ches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, dams and water stock that m�y n�w, or at any time in the future, be located on and/or used in
<br />connection with the above-described real pro,perly, payment awazds, amounts received from eminent domain,
<br />amounts received from any and all insurance payme:�ts, and timber which may now or later be located, situated, or
<br />affixed on and used in connection therewith (hereina�ter called the "Property").
<br />RELATED DOCiJMENTS. The words "Related Dmcuments" mean a11 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 connectio� 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 and Nancy Arends to Lender,
<br />howsoever created or arising, whether primary,, secondary or contingent, together with any interest or charges
<br />provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security
<br />Instrument and all Related Documents (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 tUis Security Instrument regardless of the fact that from time to time there
<br />may be no balance due under the note and regazdless 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 I.ender, 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 accordance with the terms contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this inst�ument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />Property. Grantor covenants that the Property is unencumbered and free of all liens, except for encumbrances
<br />of record acceptable to Lender. Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule of
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<br />� 2004-2010 Complience Systems, Iec. F947-9617 - 2010.05.365
<br />Commercial Real Estate Security Instrument - DLA007 Page 1 of 5 www.compliancesystems.com
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