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<br />(Spoee 1\b<Wol1.j$ LiJlo Fur Rc'COrdiJ'g Dola)
<br />
<br />LOAN NUMBER: 09888
<br />COMMERCIAL REAL ESTATE DEED 01<' TRUST
<br />
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("SecuJ'ity Instrument") is made on January 22, 2009
<br />by the grantor(s) S.:R(;(O URHlNA and IDALIA URBINA, Husband & Wire, whose address is 805 E
<br />CAPITAL AVE, Grand Island, Nebraska 68801 ("Grantor"). TIle trustee isl'athway Bank whose address is
<br />3333 West State Street, Grand Island, Nebmska 68803 ("Trustee"), The beneficiary is Pathway Bank whose
<br />address is 3333 W. State SL, Grand Islalld, Nebraska 68803 ("Lender"), which is organized and existing under
<br />the laws of the state of Nebraska. Grantor in consideration ofloans extended by Lender up to a maximum principal
<br />amount of Eighteen Thnusand Four Hundred and 001100 Dollars ($18,400.00) ("Maximum Principal
<br />Indcbtcdncss"), llnd for other valuable consideration, the receipt of which is acknowledged, irrevocably grants,
<br />conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the
<br />COUNTY of HALL, Smte of Nebraska:
<br />
<br />Address: 118 Ii: 4th Street, Grand Island, Nebraska 68801
<br />Legal Destription: lI8 Ii: 4th Strt'Ct, Grand Island, NE 68801. Legal; Lot 7, Blotk 30, Original Town to the
<br />City or Gnmd Island, Hall County, Nebraska.
<br />
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rCllIs, incomc, profit~ and royalties, personal goods of whatever description
<br />and aU 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 appunenant (0 the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservo.ir sites,
<br />storage rishts, dams and water stock that may now, or at any time ill the future, be located on and/or used in
<br />connection with the abllVe-described real property, payment award~, amounts received from eminent domain,
<br />amounts received !i'om any and all insurance payments, and limber whkh may now or latcr be located, situated, o.r
<br />nffixed on and used in connectilJll therewith (hereinafter called the "Property").
<br />
<br />RELATED OOCUMENTS. The words "Related Documems" mean all promissory notes, security agJeements,
<br />prior mongages, prior deeds of trllst, business loan agreements, tonstruction loan agreement~, resolutions,
<br />guanmties, environmental agJeemellts, subordination agreement~, assignments 0.1' leases and rems and any other
<br />documelllS or agreements executed in conncetion with th.is Security Instrumcot whether now or h,..reat\:er exi~tJng.
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with Ihe same
<br />ii:lrce and eITed as iffilily set forth herein.
<br />
<br />INDEBTEDNESS. This Security Instrument secures ihe principal aUlonnt shown above as may be evidenced by a
<br />promissQry 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 Gmntor to Lender, howsoever created or arising,
<br />whether primary, secondary or cOlllingent, together with any interest or charges provided in or arising out of sllch
<br />indebtedness, liS wclllls the agreements and covcnams of this Security Instrument and all Related Documents
<br />(hereinatler all referreduJ as the "Indebtedness").
<br />
<br />M ATVRITY DATE. The Indcbtedness, ifuot paid earlier, shall be due and payable on February 8, 2014.
<br />
<br />FUTURE ADVANCES. To the extent permitted by Jaw, this Security Instrument will secure future udvimces as if
<br />such advances were made on the date of this Security lustrllmcllt regardless of the lact that from time to time there
<br />may be no balance dlle under the note and regardless of whether Lender is obliguted to make such future advancc,.
<br />
<br />CROSS COLLA TERALIZA TION. It is the expressed intent of Grantor to cross collateralize all 1)1' its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />
<br />W ARRANTl ES. Grantor, for itself, its heirs, persoual representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its sllccessors and assigns, as follows:
<br />
<br />Performance (If Obligations. Grantor promises to perfon)) all tenns, conditions, and covenants of this
<br />Security lnstrumem and Related Documents In accordance witb the tertlls contained therein.
<br />
<br />nefense and Title to Property. At the time of execution and delivery of thi5 instrument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and a55ign the
<br />
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