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200011180
<br />Note relating to the other parcels of the Real Estate, the ADA Indemnity, the Brokerage
<br />Indemnity, the Environmental Indemnity, the Financing Statements and all other associated
<br />collateral security agreements, including the Loan Commitment.
<br />Loan Year: A period consisting of twelve (12) consecutive months. The first
<br />Loan Year shall commence as of the date of the Note and shall end the day prior to the first
<br />anniversary date of the Note. Each subsequent Loan Year shall commence as of the subsequent
<br />anniversary of the date of the Note.
<br />Note: The' Loan Document entitled Promissory Note evidencing the Loan by
<br />American Family to Borrower, in the principal sum of Five Million Six Hundred Fifty Thousand
<br />and No /100 Dollars ($5,650,000.00) of even date with this Trust Deed.
<br />Ownership Interest Impairment: (a) Any assignment, conveyance, transfer,
<br />mortgage (including subordinated mortgage), Lease (except as provided herein), Lien,
<br />hypothecation, encumbrance, deed restriction, forfeiture, confiscation or disposition, without the
<br />prior written consent of American Family, whether occurring voluntarily, involuntarily or by
<br />operation of law by Borrower or Guarantor of all or any interest in any parcel of Real Estate
<br />to any person or entity which is not Borrower or Guarantor; or, (b) any sale by Guarantor or
<br />its ownership interests, or any issuance of additional ownership interests, in either entity
<br />comprising Borrower to other than Guarantor if such sale or issuance results in Guarantor or
<br />its affiliate no longer controlling either of the entities comprising Borrower. The effective date
<br />of an Ownership Interest Impairment shall be the date the Ownership Interest Impairment
<br />occurred.
<br />Premises: Certain real property lying and being in Hall County, State of Nebraska,
<br />described in Exhibit A to this Trust Deed, together with all estates and rights in and to the real
<br />property and in and to the lands lying in streets, alleys and roadways adjoining the real property,
<br />all buildings, structures, improvements and fixtures, all annexations, access rights, easements,
<br />rights of way or use, servitudes, licenses, tenements, hereditaments, appurtenances and personal
<br />property now or hereafter belonging or pertaining to that real property. The Premises shall
<br />consist of 1.435 acres of land, improved with an 14,751 leasable square foot retail building and
<br />site improvements including, but not limited to, 76 asphalt - surfaced parking spaces, concrete
<br />sidewalks, curbs, gutters, lighting and landscaping. The street addresses of the Premises is 1804
<br />N. Diers Avenue, Grand Island, Nebraska.
<br />Real Estate: The nine parcels of real property, appurtenances, buildings,
<br />improvements, fixtures, equipment, personal property (but excluding any chattels, equipment and
<br />trade fixtures used by any Tenant in the ordinary course of its business), rents, leases and profits
<br />related thereto, including the Premises serving as Collateral for the Note, described as follows:
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