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200411293 TRUST DEED This Trust Deed made this 15th day of October, 2004 between NATHAN DETROIT'S INC. and ROBERT MAHOOD, an individual, as TRUSTOR and L. WILLIAM KELLYas TRUSTEE and LARRY COFFIN as BENEFICIARY. FOR VALUABLE CONSIDERATION, including the indebtedness identified herein and trust herein created, the receipt of which is hereby acknowledged, Trustor hereby irrevocably grant, transfer, convey and assign to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions hereinafter set forth, all of Trustor's interest in and to the real property, described as follows: North forty -four (44) feet of South one -half (1/2) Lot one (1) Block fifty -five (55) original town of Grand Island, Hall County, Nebraska, and North one -half (1/ f Lot 1, Block 55, original town of Grand Isla Hall County, Nebraska . t C Together with all his interest in and to all buildings, improvements, fixtures, streets, 'j I I alleys, passageways, easements, rights, privileges and appurtenances located thereon or in anyway pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, including, but not limited to, heating and cooling equipment and such personal property that is attached to the improvements so as to constitute a fixture; and together with the homestead or marital interests, if any, which interests are hereby released and waived; all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being referred to herein as the "property ". The intention being to convey hereby an absolute title in fee simple. The Trustor covenants and agrees with the said Trustee and Beneficiary that he is lawfully seized of said premises; that he has good right and lawful authority to sell and convey his interest in and to said premises, that said premises are free and clear of all liens and encumbrances. Trustor will warrant and defend the title to said premises unto the Trustee and his successor and assigns forever against the claims of all persons. This Trust Deed is executed to secure the payment of a Promissory Note and for the purpose of securing performance of each agreement of Trustor herein contained and the principal payment of $81,253.56 evidenced by a Promissory Note, bearing a date of October 15, 2004, principal sum and interest thereon shall be payable, in installments, as follows: The principal sum together with accrued interest shall be due and payable in installments of $1505.29 per month the first installment payment of $1505.29 is due on the 15th day of November, 2004 and all subsequent installments of