t...~
<br />n ~r>
<br />~"^~ ~ ~ ~ '~ r t r=,f'1 Vl coo p -i C7
<br />~ ~ ~ ~ ~ t1 0 ~ ~ ~ \ ~. ~ A N t7'1
<br />IV ~ V ~ ~ ~ ~ i/~ r^rl 2 ~ ~ ~ 0
<br />Wes.. ~~ ~ ~ ° ~ ~ F-~ `~' ~
<br />w Its --~ ~ cad O
<br />-.
<br />(Space Above This Line For Recording Data)
<br />LOAN NUMBER: ].6353100
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />FUTURE ADVANCES AND FUTURE OBLIGA'T'IONS ARE SECURED BY THIS REAL ESTATE, bEED
<br />OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on June 25, 2009 by
<br />the grantor(s) V. Keith Jardine, and Pamela S. Jardine, Husband and Wife, whose address is 2420 Wicklow
<br />Dr., Grand Island, Nebraska 68801 ("Grantor"). The trustee is Arend R. Baaek, Attorney whose address is
<br />P.O. Box 790, Grand Island, Nebraska 68802 ("Trustee"). The beneficiary is Ilome Federal Savings & Loan
<br />Association of Grand Island whose address is 221 South Locust Street, Crand Island, Nebraska 68801
<br />("Lender"), which is organized and existing under the laws of United States of America. Grantor in consideration
<br />of loans extended by Lender up to a maximum principal amount of Faur Hundred Twenty-five Thousand and
<br />00/100 Dollars ($425,000.00) ("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 property located in the County of Hall, State of Nebraska:
<br />Address: 2420 Wicklow Dr., Grand Island, Nebraska 68801
<br />Legal Description: LOT NINE (9), KENMARE SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />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, 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 property, payment 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 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 Pamela S. Jardine 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 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 />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in acevrdance 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 />~~
<br />~~ ~
<br />G? 2004-2008 Copyright Compliance Systems, Inc. (i3C7-6643 - 20U8.12.2R2 www.cnmplianccsyslerns.com
<br />Comtnercisl Real Estntc Security Instmmcnt - DL4007 Page 1 of 5 SUO-96R-8522 -Fax 616-956.1868
<br />
|