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200110903 <br />change of grade of streets (collectively, "Awards "); <br />TOGETHER with all right, title and interest of Grantor in and to all extensions, <br />improvements, betterments, renewals, substitutes and replacements of, and all additions and <br />appurtenances to, any of the foregoing hereafter acquired by, or released to, Grantor or <br />constructed, assembled or placed by Grantor on the Premises and all conversions of the security <br />constituted thereby, immediately upon such acquisition, release, construction, assemblage, <br />placement or conversion, as the case may be, and in each such case, without any further grant, <br />conveyance, assignment or other act by Grantor, shall become subject to the lien of this Deed of <br />Trust as fully and completely, and with the same effect, as though now owned by Grantor and <br />specifically described herein. <br />TO HAVE AND TO HOLD the Trust Property unto Trustee, for the benefit of <br />Beneficiary and its successors and assigns, forever. <br />ARTICLE I <br />Certain Definitions <br />SECTION 1.01. Certain Definitions. Capitalized terms used herein and not <br />defined herein shall have the meanings given them in the Credit Agreement. As used herein, the <br />following terms shall have the meanings set forth opposite them below: <br />"Action" has the meaning set forth in Section 8.10. <br />"Agent" has the meaning set forth in the Recitals. <br />"Awards" has the meaning set forth in the Granting Clauses. <br />"Bankruptcy Law" has the meaning set forth in Section 3.14. <br />"Beneficiary" has the meaning set forth in the Recitals. <br />"Borrower" has the meaning set forth in the Recitals. <br />"Contest" has the meaning set forth in Section 3.09. <br />"Credit Agreement" has the meaning set forth in the Recitals. <br />"Deed of Trust" has the meaning set forth in the Recitals. <br />"Default Rate" has the meaning set forth in Section 3.05. <br />"Equipment" has the meaning set forth in the Granting Clauses. <br />"Grantor" has the meaning set forth in the Recitals. <br />NYDOCS03/596673.1 4 HALL COUNTY, NEBRASKA <br />