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THIS DEED OF TRUST is dated December 16, 2002, among LBE Family Limited Partnership, a Nebraska Limited
<br />Partnership, whose address is 419 South Tilden, Grand Island, NE 68803 ( "Trustor "); Wells Fargo Bank
<br />Nebraska, National Association, whose address is Grand Island -Main, 304 W 3rd St, Grand Island, NE 68801
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Wells Fargo Financial National
<br />Bank, whose address is 1919 Douglas Street, Omaha, FIE 68102 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Treater conveys to Trustee in trust. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures: all casements, rights of way, and appurtenances: all water, water
<br />rights and ditch rights Iincleding stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, ail, gas, geothermal and similar matters, (the "Real Property ") located in Hall
<br />County, State of Nebraska:
<br />Lots One (1) and Two (2). in Block Four (4) in College Addition to West Lawn, in the City of Grand Island,
<br />Hall County, Nebraska.
<br />The Real Property or Its address is commonly known as 2103, 2109 & 2115 West Capital, Grand Island, NE
<br />68803. The Real Property tax identification number is 400033267
<br />Treater ent and futlure lossest (also
<br />of the Proprrtykand all parts efromr the Property. of
<br />In addition, grants to Lelnder a Uniform l l
<br />Commercial
<br />prey
<br />Code security interest in the Personal Property and Pants.
<br />THIS DEED OF TRUST. INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND 19) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shell pay to Lander all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor'a obligations under the Note, this
<br />Deed of Trust, and the Relined Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Tructor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may It) remain In possession and control of the Property:
<br />(2) use, operate or manage the Property; and Of collect the Rents from the Property.
<br />Duty to Maintain. Trusmr shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve Its value.
<br />Compliance With Environmental Lava. Trustor represents and warrants to Lender that: (t) During the period of Truster's ownership
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<br />WHEN RECORDED MAIL TO:
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<br />Minneapolis Loan Ops Cantor
<br />Attn: Collateral Pro ceaaing - Rep 111
<br />730 2nd Ave. South Suite 1000
<br />FOR RECORDER'S
<br />USE ONLY
<br />Minneapolis, MN 53479
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<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Dead of Trust shall not exceed at any
<br />one time $200,000.00.
<br />THIS DEED OF TRUST is dated December 16, 2002, among LBE Family Limited Partnership, a Nebraska Limited
<br />Partnership, whose address is 419 South Tilden, Grand Island, NE 68803 ( "Trustor "); Wells Fargo Bank
<br />Nebraska, National Association, whose address is Grand Island -Main, 304 W 3rd St, Grand Island, NE 68801
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Wells Fargo Financial National
<br />Bank, whose address is 1919 Douglas Street, Omaha, FIE 68102 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Treater conveys to Trustee in trust. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures: all casements, rights of way, and appurtenances: all water, water
<br />rights and ditch rights Iincleding stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, ail, gas, geothermal and similar matters, (the "Real Property ") located in Hall
<br />County, State of Nebraska:
<br />Lots One (1) and Two (2). in Block Four (4) in College Addition to West Lawn, in the City of Grand Island,
<br />Hall County, Nebraska.
<br />The Real Property or Its address is commonly known as 2103, 2109 & 2115 West Capital, Grand Island, NE
<br />68803. The Real Property tax identification number is 400033267
<br />Treater ent and futlure lossest (also
<br />of the Proprrtykand all parts efromr the Property. of
<br />In addition, grants to Lelnder a Uniform l l
<br />Commercial
<br />prey
<br />Code security interest in the Personal Property and Pants.
<br />THIS DEED OF TRUST. INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND 19) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shell pay to Lander all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor'a obligations under the Note, this
<br />Deed of Trust, and the Relined Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Tructor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may It) remain In possession and control of the Property:
<br />(2) use, operate or manage the Property; and Of collect the Rents from the Property.
<br />Duty to Maintain. Trusmr shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve Its value.
<br />Compliance With Environmental Lava. Trustor represents and warrants to Lender that: (t) During the period of Truster's ownership
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