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1. DATE AND PARTIES. The date of this Deed of Trust is 12- 15.2003 and the parties and <br />their addresses are as follows: <br />TRUSTOR: Jacobsen Enterprises Incorporated, A Nebraska Corporation <br />P.O. Box 555 <br />Doniphan, NE 68832 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />103 West 25th Street <br />Kearney, NE 68845 <br />47- 0098350 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />103 W. 25th Street <br />Kearney, NE 68845 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the <br />benefit of the Beneficiary, with power of sale, the following described property: <br />Lot 1, Grand Island Mall Fourteenth Subdivision in the City of Grand Island, Hall County, Nebraska. <br />The property is located in Hall at 2276 North Webb RD <br />(County) <br />Grand Island , Nebraska68803 <br />(Address) (City) (Zip Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all <br />diversion payments or third party payments made to crop producers, and all existing and future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described <br />above (all referred to as "Property "). The term Property also includes, but is not limited to, any and all water wells, <br />water, ditches, reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights <br />associated with the Property, however established. <br />NEBRASKA - AGRICULTURAL /COMMERCIAL REAL ESTATE SECURITY INSTRUMENT /page 1 of 8/ <br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) <br />"° ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - RESI -NE 1/17/2003 <br />CD <br />o <br />rn <br />' <br />1, =� <br />'t <br />o <br />o O. <br />m D N <br />i <br />I <br />,� <br />cD <br />ry <br />o <br />- - - <br />°W <br />�C� <br />r, <br />y> � �7 <br />C=) <br />FA\, <br />�.J <br />r— <br />CT) <br />I <br />`� <br />�o <br />' <br />00401765 <br />State of Nebraska <br />Space Above This <br />Line For <br />Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />IN Construction <br />Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is 12- 15.2003 and the parties and <br />their addresses are as follows: <br />TRUSTOR: Jacobsen Enterprises Incorporated, A Nebraska Corporation <br />P.O. Box 555 <br />Doniphan, NE 68832 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />103 West 25th Street <br />Kearney, NE 68845 <br />47- 0098350 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />103 W. 25th Street <br />Kearney, NE 68845 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the <br />benefit of the Beneficiary, with power of sale, the following described property: <br />Lot 1, Grand Island Mall Fourteenth Subdivision in the City of Grand Island, Hall County, Nebraska. <br />The property is located in Hall at 2276 North Webb RD <br />(County) <br />Grand Island , Nebraska68803 <br />(Address) (City) (Zip Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all <br />diversion payments or third party payments made to crop producers, and all existing and future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described <br />above (all referred to as "Property "). The term Property also includes, but is not limited to, any and all water wells, <br />water, ditches, reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights <br />associated with the Property, however established. <br />NEBRASKA - AGRICULTURAL /COMMERCIAL REAL ESTATE SECURITY INSTRUMENT /page 1 of 8/ <br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) <br />"° ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - RESI -NE 1/17/2003 <br />