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- � <br />_ <br />� <br />� <br />A �� <br />� � <br />� ..��� <br />N - <br />� = <br />-P '__. <br />�� <br />� <br />� <br />� <br />� <br />� <br />���� <br />���z <br />� � � �� <br />� X � <br />`' O � � <br />� � � <br />� � <br />� <br />� <br />� <br />� <br />� <br />� <br />.�. <br />� � .• <br />7C S <br />'.i <br />:. <br />�' <br />� <br />; <br />� <br />� <br />� <br />��� � <br />S `) Z <br />�- r c— <br />t C � ` G7 <br />o ;'� N <br />� � � <br />� �-° <br />�� � � <br />� <br />m <br />� � <br />o � '-^ {� <br />,.. O <br />o �, � <br />� � W <br />v� � <br />(Space Above This Line For Recording Data) <br />CONIlVdLIZCIAL REAL ES�ATE DEED OF TRUST <br />C7 � <br />O p <br />C � <br />z rn <br />--1 <br />-< O <br />o � <br />-� z <br />s � <br />� w <br />� <br />r m <br />v� <br />� <br />D <br />�...� ✓ <br />cn i ' �. <br />� �, <br />0 <br />� <br />O <br />� <br />� <br />0 <br />� <br />N <br />� <br />�� ...�< <br />This COMI��RCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on August 19, 2011 by <br />the grantor(s) John E. Nowicld, and Jennifer L. Nowicld, husband and wife, whose address is 4127 <br />Norseman Avenue, Grand Island, Nebraska 68803 ("Grantor"). The trustee is Arend R Baack, Attorney whose <br />address is P.O. Bog 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Home Federal Savings <br />& Loan Association 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 America. Grantor in <br />consideration of loans extended by Lender up to a maximum principal amount of One Hundred Thirty-eight <br />Thousand Nine Hundred Thirty-four and 57/100 Dollars ($138,934.57) ("Maximum Principal Indebtedness"), <br />and for other valuable considerarion, the receipt of which is acknowledged, irrevocably grants, conveys and <br />assigns to Trustee, in trust, with power of sale, the following descn'bed properly located in the Hall of County, <br />State of Nebraska: <br />Address: 4127 Norseman Avenue, GRAND ISLAND, Nebraska 68801 <br />Legal Description: Lot Twenty-Three (23), Jeffrey Oaks Eighth Subdivision, in the City of Grand Island, <br />�all County, Nebraska. <br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures, <br />tenements, hereditaments, equipment, rents, income, profit� 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 />descn'bed 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 awatds, 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, conshuction 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 aze hereby made a part of tlus Security Inslrument by reference thereto, with the same <br />force and effect as if fully set forth herein. <br />INDEBTEDI�FESS. 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 fuhue advances and every other <br />indebtedness of any and every lcind now or hereafter owing from Grantor and Jennifer L. Nowicld to Lender, <br />howsoever created ar 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 covena.nts of ttus Security <br />Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness"). <br />FUTURE ADVANCES. To the extent permitted by law, this 5ecurity Instrument will secure future advances as if <br />such advances were made on the date of this Security Instrument regazdless 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 COLLATERAI.IZATION. 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 />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 <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 warranf and defend generally <br />the title to the Property against any and all claims and demands whatsoever, subject to the easements, <br />x I r <br />�� <br />� <br />,', � <br />���' <br />;a:. <br />s� <br />S� <br />� — <br />a� 3 <br />� aooa-zoio co�u�ce s�c�, ��. Fva�-aBOi - zmo.os.s6s <br />Commercial Real Estate Security Ingtrument • DIs1007 Page ] of5 www.compliencesystems.wm <br />