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200009893 Willson & Pechacek, P.L.C. 421 West Broadway, Council Bluffs, Iowa (712) 322 -6000 DEED OF TRUST with Power of Sale THIS IS A DEED OF TRUST made the date set forth on the last page hereof. The trustor is LK Holdings, Inc., a Nebraska corporation, 732 N. 129th Street, Omaha, Nebraska 68154 (herein referred to as "Trustor "). The trustee is Frank W. Pechacek, Jr., Attorney at Law, Suite 200, 421 West Broadway, P.O. Box 2029, Council Bluffs, Iowa 51502 (herein referred to as "Trustee "). The beneficiary is First American Bank, 800 Gordon Drive, P.O. Box 5457, Sioux City, Iowa 51102 -5457 (herein referred to as "Beneficiary "). Trustor, in consideration of the sum of One Million Four Hundred Thousand Dollars ($1,400,000.00), receipt of which is hereby acknowledged, grants and conveys to Trustee, in trust, with power of sale, the following described real estate located in Hall County, Nebraska: A tract of land comprising a part of the South Half of the Southwest Quarter (S' /2 SW %) of Section Twenty Seven (27), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska more particularly described as follows: Beginning at the Northwest corner of said S' /2 SW 1/4; thence southerly along the West line of said SW '/4 a distance of 73.0 feet; thence deflecting left 881 41' 13" and running easterly, a distance of 168.0 feet; thence deflecting right 880 30' 15" and running southerly, a distance of 74.64 feet to a point on the easterly right -of -way line of Locust Street, this being the actual place of beginning; thence continuing southerly along the last described course and along said right -of -way line, a distance of 46.65 feet to a point of curvature; thence southwesterly along the arc of a curve whose radius is 93.15 feet (the initial tangent of which coincides with the preceding course produced), an arc distance of 53.28 feet to another point of curvature; thence southwesterly along the arc of a curve whose radius is 272.48 feet (the initial tangent of which coincides with the final tangent of the preceding curve produced), an arc distance of 154.5 feet; thence running southerly along said right - of -way line and along the final tangent of the preceding curve produced, a distance of 262.1 feet; thence easterly along the north line of the S'/2 SW Y4 SW' /4 a distance of 264.6 feet; thence deflecting left 910 33' 05" and running northerly, a distance of 229.23 feet; thence deflecting right 880 15' 01" and running easterly a distance of 56.74 feet; thence deflecting left 880 15' 01" and running northerly, a distance of 195.4 feet; thence deflecting left 900 06' 19" and running westerly, a distance of 6.11 feet to a point of curvature; thence northwesterly along the arc of a curve whose radius is 122.99 feet (the long chord of which deflects right 090 49' 02" from the preceding