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<br /> �?��:°F�'" agreed to make a loan to Borrower in the principal sum of Two Million One Hundred Twenry••Five
<br /> �.,• � Thousand and No/100 Dollars ($2�125,000.00) (the "I.oan"), which Loan will be evidenced by
<br /> —= -- ��'F' a Promissory Note of even date herewith in such principal amount, executed by the Horrower,
<br /> .. �; payable to the order of Lender in installments with interest thereon, such finai installment being
<br /> • due on or before Pecember 1,20Q3 (said Promissory Note,as the same may hereafter be renewed.
<br /> _�"�� • extended or modified,beiag herein called the "Note").
<br />_�;.
<br /> � B. Bonower and L,ender have also entered into certain other loan agreements of even
<br />��;��:.fi=. �; � dates herewith(as the same tnay hereafter be amended�the"Related Loan Agreements"),pursuant
<br /> -"�'`` to which Lender has agreed to make other loans to Barrower. and which, together with the Loan.
<br /> ���"''� � ; are in an a ie ate nnci al arnount of u to Seventeen Million Four Hundred Twen Five
<br />-�"*,��;"',��.,�::>� fi8' g P � P P �� �� ry-
<br /> Thousand and No/100 Dollars($17,425,Q00.00)(the Related Loans ), which�telated Loan�will
<br />--�±-::�.�;����, be evidenced by promissory notes of even date herewith in such aggregate principal amounts,
<br /> � executed by Bonower,payable to the order of Lender in installments with interest thereon, with
<br /> _ %" the�nal installment pursuant to each of ihe Related Loans being due December 1, 2003 (said
<br /> ��~�':'"�,, Promissory Notes, as the same may be*eafter be renewed� extended or modified, being herein
<br />�:•:�; �� ;. �. , called the "Related Notes"). All documents executed in connection with the Related Loans, as
<br /> more particularly described and defined as the "Loan Documents" in the Related Loan
<br />�`"'�'-'�'` ;� _ Agreements, are referred to herein as the "Related Loan Documents."
<br /> . -;���°:��.
<br /> '�:�'"�"}���:� C. As a condition precedent to making the Loan and Related Loans, the Lender has
<br />: .;.,,,..
<br /> ----,u.,_-,;:;�
<br />---::����, • ' required that the Honower execute this Deed of Trust as securiry for the Loan,the Related Loans
<br /> _�:=,+.`?t.:_.�:
<br /> .�u<<,.: ; Y,,.� and the other Loau Obligations (as hereinafter defined).
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<br /> "�"''�,�� � D. This Deed of Trust, Assignment of Rents and Construction Securiry Agreement
<br /> ,:s��;;r:�.,�,a','�',�
<br />�_;��'_?�__� shall consritute a security interest in rents as provided in Section 52-1701 through 52-1708, Rev.
<br />`'r°===y�+; y Stat. of Nebraska, Reissue 1993.
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<br />`�-�'���= . � NOW,TI�REFORE, for and in consideration of the Loan Obli ations,and to secure the
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<br /> -- `��=<�'�.., prompt payment of same, including future advances, Borrower does hereby irrevoeably grant�
<br />_;:_*�'� • � bargain,sell,convey,assign.uansfer.pledge and set over unto Trustee� its successors and assigns
<br />_ � '� .�. IN TRU�T,WIT'Ii POWER OF SALE, and does hereby grant to Lender an assignment of and -
<br /> -°-.:;;;.,..:�: security interest in,all of the Borrower's ri�ht, title and interest in and to the following described
<br /> '�=�' 4v��R��"' land and interests in land,estates,easements, rights, improvements, personal property, fixtures,
<br /> '���°�� equipment, furniture, furnishings, appliances and appurtenances, all whether now owned or
<br /> � � � hereafter acquired, and including replacements, additions, accessions, substitutions and products
<br /> �;
<br /> thereto(which property is hereinafter referred to collectively as the "Collateral"):
<br /> ri (a) All the tract(s) or parcel(s) of land located in Hall County, -
<br /> a Nebraska. as are more particulazly described in�ibit A attached hereto and by '
<br /> i this reference made a part hereof(the "Property"); and
<br /> I489846.3 2
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