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<br /> WHEN RECORDED MAIL TO:
<br /> Mutual of Omaha Bank
<br /> Mail Code:BAZ-04050
<br /> 1556 W Alameda Drive,Suite 101
<br /> Tempe.AZ 85282 FOR RECORDER'S USE ONLY
<br /> CONSTRUCTION DEED OF TRUST
<br /> THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br /> WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br /> THIS DEED OF TRUST is dated December 23, 2013, among Ames Development, LLC., a
<br /> Nebraska limited liability company, whose address is 13207 F. St, Omaha, NE 68137
<br /> ("Trustor"); Mutual of Omaha Bank, whose address is Lakeside Hills, 17041 Lakeside Hills
<br /> Plaza, Omaha, NE 68130 (referred to below sometimes as "Lender" and sometimes as
<br /> "Beneficiary'); and Mutual of Omaha Bank, whose address is 1665 W. Alameda Drive, Suite
<br /> 101, Tempe,AZ 85282 (referred to below as "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration,Trustor conveys to Trustee In trust,WITH POWER OF SALE,
<br /> for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real
<br /> property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br /> easements, rights of way, and appurtenances; all water,water rights and ditch rights(including stock in utilities with
<br /> ditch or irrigation rights); and alb other rights, royalties, and profits relating to the real property, including ithout
<br /> limitation all minerals, oil,gas, geothermal and similar matters, (the "Real Property ") located in Hall County,
<br /> State of Nebraska:
<br /> Lot Fourteen (14), Meadowlark West Third Subdivision, in the City of Grand Island, Hall
<br /> County, Nebraska
<br /> The Real Property or its address is commonly known as 940 Allen Drive, Grand Island, NE
<br /> 68803. The Real Property tax identification number is 4DD3 378.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br /> interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br /> grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br /> THIS DEED OF TRUST,INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY,IS GWEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND Op PERFORMANCE OF
<br /> ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br /> DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br /> PERSONAL PROPERTY, IS ALSO GIVEN TO SECURE ANY AND ALL OF TRUSTOR'S OBLIGATIONS UNDER THAT
<br /> CERTAIN CONSTRUCTION LOAN AGREEMENT BETWEEN TRUSTOR AND LENDER OF EVEN DATE HEREWITH. ANY
<br /> EVENT OF DEFAULT UNDER THE CONSTRUCTION LOAN AGREEMENT, OR ANY OF THE RELATED DOCUMENTS
<br /> REFERRED TO THEREIN, SHALL ALSO BE AN EVENT OF DEFAULT UNDER THIS DEED OF TRUST. THIS DEED OF
<br /> TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
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