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<br />THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br />Pathway Bank Pathway Bank
<br />306 �, High S#. , . ,_ . , „ . 306 S. High St. ' : -
<br />Cairo, NE 68824 Cairo, NE 68824
<br />_ S v
<br />(Space Above This Line For Recording Data) — i
<br />COMMERCIAL REAL ESTATE DEED OF TRUST ,G-�
<br />FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE DEED
<br />OF TRUST
<br />TYiis COMNIERCIAL REAL ESTATE DEED OF TRUST ("Security lnstrument") is made on October 28, 2011
<br />by the grantor(s) Andrew W Meier, Husband, whose address is 4039 Craig Dr, Grand Island, Nebrask�68803 ,
<br />and Nicole M. Meier, Wife; whose address is 4039 Craig Dr, Grand Island, Nebraska 68803� (°Grantor"). The
<br />trustee is Pathway Bank whose address is PO Boz 428, Cairo, Nebraska 68824 ("Trustee"). The beneficiary is
<br />Pathway Bank whose address is 306 S High St, P O Bog 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 Fifty Thousand and 00/100 Dollars ($150,000.00)
<br />("Maximum Principal Indebtedness"), and for other valuable consideration, the receipt of which is aclrnowledged,
<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: 3501 Blaine St, Grand Island, Nebraska 68801
<br />Legal Description: Lot One (1), Lake Heritage Second Subdivision, an addition to the City of Grand
<br />I�land, Hall County, Nebra�ka
<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 properiy, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber which may now ar later be located, situated, or
<br />afFixed on and used in connection therewith (hereinafter called the "Property"). ,
<br />YtELATED DOCUMENT5. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construcrion loan agreements, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />docwments or agreements executed in connection with this Security Instrument whether now or hereafter existing.
<br />The Related Documents aze 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 />indebfedness, as well as the ageements and covenants of this Secur�ty 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 October 28, 2011, in the amount of $150,000.00 and any renewals, extensions or
<br />modi�cations.
<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 />m 2004-2011 Compliance Systema, Inc. COF0.FAEB - 2010L1. ] 5.441
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