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DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on June 19, 2000
<br />. The trustor
<br />PARRELLA MOTORS INC.
<br />III j
<br />("Borrower"). The trustee is Earl D Ahlschwede, Attorney
<br />("Trustee"). The beneficiary is The Equitable Building & Loan Association, FSB
<br />which is organized and existing under the laws of The State of Nebraska , and whose'
<br />)address is 113 -115 N. Locust Street
<br />rand Island, NE 68801 -6003 ( "Lender "). Borrower owes Lender the principal sum of
<br />ONE MILLION NINE HUNDRED THOUSAND AND 00/100
<br />Dollars (U.S. $1, 900, 000.00 ).
<br />is debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides foci,,
<br />onthly payments, with the full debt, if not paid earlier, due and payable on June 16, 2015
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />rotect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this,
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property)
<br />located in Hall County, Nebraska:
<br />LOTS FIVE (5) AND SIX (6), FONNER SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA, EXCEPTING DEEDS CONVEYING TRACTS RECORDED AS DOCUMENT NO. 76- 000687,
<br />76- 001804, 76- 001357, AND 76- 001882.
<br />which has the address of 1803 S LOCUST ST
<br />NRAND ISLAND [City], Nebraska 68801
<br />EBRASKA- Single Family- FNMA/FHLMC UNIFORM
<br />- 6R(NE) (9212).05 INSTRUMENT Form ended 5/91
<br />® VMP MORTGAGE FORMS - (800)521 -7291
<br />Page I of 6 Initials:
<br />[Zip Code] ( "Property Address ");
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on June 19, 2000
<br />. The trustor
<br />PARRELLA MOTORS INC.
<br />III j
<br />("Borrower"). The trustee is Earl D Ahlschwede, Attorney
<br />("Trustee"). The beneficiary is The Equitable Building & Loan Association, FSB
<br />which is organized and existing under the laws of The State of Nebraska , and whose'
<br />)address is 113 -115 N. Locust Street
<br />rand Island, NE 68801 -6003 ( "Lender "). Borrower owes Lender the principal sum of
<br />ONE MILLION NINE HUNDRED THOUSAND AND 00/100
<br />Dollars (U.S. $1, 900, 000.00 ).
<br />is debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides foci,,
<br />onthly payments, with the full debt, if not paid earlier, due and payable on June 16, 2015
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />rotect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this,
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property)
<br />located in Hall County, Nebraska:
<br />LOTS FIVE (5) AND SIX (6), FONNER SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA, EXCEPTING DEEDS CONVEYING TRACTS RECORDED AS DOCUMENT NO. 76- 000687,
<br />76- 001804, 76- 001357, AND 76- 001882.
<br />which has the address of 1803 S LOCUST ST
<br />NRAND ISLAND [City], Nebraska 68801
<br />EBRASKA- Single Family- FNMA/FHLMC UNIFORM
<br />- 6R(NE) (9212).05 INSTRUMENT Form ended 5/91
<br />® VMP MORTGAGE FORMS - (800)521 -7291
<br />Page I of 6 Initials:
<br />[Zip Code] ( "Property Address ");
<br />CJ
<br />
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