|
e
<br />-
<br />�
<br />N �
<br />0 �
<br />�
<br />� �
<br />�
<br />� �
<br />� —
<br />�
<br />�
<br />-
<br />-
<br />�=. : :
<br />I�
<br />�
<br />•
<br />�
<br />�
<br />�
<br />� �
<br />� � •e
<br />9 =
<br />��
<br />� k���
<br />n �
<br />�
<br />��
<br />�
<br />, ^
<br />.,
<br />S�
<br />A
<br />r
<br />r r�
<br />C> '–
<br />O �
<br />�
<br />rn __,
<br />�
<br />�
<br />�
<br />rn
<br />�
<br />o (�'? �
<br />o � �:.
<br />� �
<br />ft')
<br />Q
<br />�
<br />N
<br />�"a G� �
<br />♦--+ � �
<br />� C D
<br />c� � �
<br />� � O
<br />t V
<br />�
<br />�
<br />C.J
<br />t
<br />�
<br />O �T'�
<br />� �
<br />s �n
<br />;.. t�a
<br />r �o
<br />r n
<br />cn
<br />�
<br />D
<br />tf�
<br />�
<br />THIS INSTRUMENT PREPARED BY: AFTER RECORDING RETURN TO:
<br />Home Federal Savings & Loan Association of Home Federal Savings & Loan Association of
<br />Grand Island Grand Island
<br />221 South Locust Street 221 South Locust Street
<br />GRAND ISLAND, NE 68801 GRAND ISLAND, NE 68801
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />�:
<br />s
<br />�
<br />�
<br />�
<br />� � ° �,�v
<br />�.%'
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on October 31, 2011
<br />by the grantor(s) BLUE HORSESHOE, LLC, a Nebraska Limited Liability Company, whose address is 2604
<br />COTTONWOOD ROAD, GRAND ISLAND, Nebraska 68801-0000 ("Grantor"). The trustee is Arend R.
<br />Baack, Attorney whose address is P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is
<br />Home Federal Savings & Loan Association of Grand Island whose address is 221 South Locust Street,
<br />Grand Island, Nebraska 68801 ("Lender"), which is arganized and existing under the laws of the United States of
<br />America. Grantor in consideration of loans extended by Lender up to a maximum principal amount of One
<br />Hundred Thirty-five Thousand and 00/100 Dollars ($135,000.00) ("Maximum Principal Indebtedness"), and for
<br />other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and assigns to
<br />Trustee, in trust, with power of sale, the following described property located in the County of Hall, State of
<br />Nebraska:
<br />Address: 2114-2116 Coilege Street & 2103-2105 Lafayette, GRAND ISLAND, Nebraska 68803
<br />Legal Description: The Southerly Eleven (11) Feet of Lot Fourteen (14) and All of Lot Sixteen (16), Block
<br />One (1), Scarff s Addition to West Lawn, in the City of Grand Island, Hall 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, subtenanean 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, payrnent 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 Securiry 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 tha 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 />� 2004-20I1 CompGance Systems, Inc. COFO-SB6B - 2010L1.15.441
<br />Cortanercial Real Estate Securiry Instrument - 4LA007 Page 1 of 5 www.compliancesystems.com
<br />
|