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<br />Once recorded, return to:
<br />Parker, Grossart, Bahensky, Beucke & Bowman, L.L.P.
<br />P.O. Box 1600, Kearney, NE 68848 -1600
<br />DEED OF TRUST
<br />This DEED OF TRUST is made on February /,/ , 2013, by and among Peters Brothers,
<br />Inc., a Nebraska Corporation, ( "Trustor "), whose mailing address is 104 East 9 Street, Wood River,
<br />Nebraska 68883; Damon T. Bahensky, a member of the Nebraska State Bar Association
<br />( "Trustee "), whose mailing address is P.O. Box 1600, Kearney, Nebraska 68848 -1600; and Silver
<br />Oak Investments, a Partnership ("Beneficiary"), whose mailing address is 4557 East Chuckwalla
<br />Canyon, Phoenix, Arizona 85044.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns
<br />to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property, described as follows
<br />(the "Trust Estate "):
<br />The West Half of the Northwest Quarter (W' /ZNW' /4) of Section Thirty -Four
<br />(34), Township Eleven (11) North, Range Twelve (12) West of the 6"' P.M., Hall
<br />County, Nebraska excepting therefrom tracts of land more particularly
<br />described in Quitclaim Deed recorded in Book 150, Page 394 and Lot 1, R & R
<br />Peters Subdivision.
<br />TOGETHER WITH all rents, easements, appurtenances, hereditaments, interest in adjoining
<br />roads, streets and alleys, improvements and buildings of any kind situated thereon, and all personal
<br />property that may be, or hereafter become, an integral part of such buildings and improvements, all
<br />crops raised thereon and all water rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />I. FOR THE PURPOSE OF SECURING:
<br />A. Payment of indebtedness in the total principal amount of $180,500.00, with interest
<br />thereon, as evidenced by that certain promissory note of even date (the "Note ") with a maturity date
<br />of March 1, 2018, executed by Trustor, which has been delivered and is payable to the order of
<br />Beneficiary, and which by this reference is hereby made a part hereof, and any and all modifications,
<br />extensions and renewals thereof, and
<br />B. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest
<br />thereon at the rate of eight percent (8.0 %) per annum.
<br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure
<br />the payment and performance of any obligation secured hereby are referred to collectively as the
<br />"Loan Instruments ".
<br />H. TO PROTECT THE SECURITY OF THIS DEED OF TRUST:
<br />A. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the
<br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in
<br />the Loan Instruments.
<br />B. TAXES. Trustor shall pay each installment of all taxes and special assessments of every
<br />kind, now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without
<br />notice or demand, and shall supply Beneficiary with a copy of the receipt of payment upon written
<br />request by the Beneficiary.
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