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State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233105 <br />Construction Security Agreement <br />El Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is May 03 ,- 2005 and the parties and their addresses <br />are as follows: KITCHEN & BATH UNLIMITED, INC., A NEBRASKA CORPORATION <br />TRUSTOR: <br />412 W THIRD ST / PO BOX 1412 <br />GRAND ISLAND, NE 68802 <br />0 Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: TiarOne Bank <br />1235 'N' St / P.O. Box 83009 <br />Lincoln, NE 68501 <br />BENEFICIARY: TierOne Bank <br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the <br />Beneficiary, with power of sale, the following described property: <br />THE EAST EIGHTY AND TWO HUNDREDTHS (80.02) FEET OF LOT SIXTEEN (16) AND ALL OF LOTS SEVENTEEN <br />(17) AND EIGHTEEN (18), CENTURA HILLS SUBDIVISION, AN ADDITION TO THE VILLAGE OF CAIRO, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at CENTURA HILLS <br />--------------- - - - - -- ---------------------- <br />(County) <br />- - -- --------------- - - - - -- ------------------- .--------- CAIRO Nebraska <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion <br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures, <br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as <br />"Property "). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs, <br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however <br />established. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this <br />Deed of Trust at any one time shall not exceed $ 40-, 00 -0.00 _ . This limitation of amount does not include <br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to <br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed <br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances <br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not <br />yet be advanced, Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans <br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing. <br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following: <br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions, <br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that <br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc) <br />A Promissory Note dated 05/03/2005 in the original principal sum of $40,000.00 <br />NEBRASKA - AGRICULTURAL/COMMERCIAL DEB) OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FOR CONS UMER PURPOSES) <br />J 1 01993 Bankers Systems, Inc., St. Cloud, MN Form AGICO.OT -NE 1/3012002 <br />Ct- C164(Nq (0307) VMP Mortgage Solutions (800)521 -7291 <br />M <br />(D <br />y <br />Cn <br />mn <br />M <br />n z <br />N <br />� <br />Cn <br />rr <br />� <br />,` \ry <br />N <br />_ <br />A <br />p�� <br />W <br />�.� <br />•S_ <br />V <br />pay <br />�J gd <br />'81 <br />O <br />tt�� <br />rs <br />CD <br />' <br />cn <br />--r <br />�A <br />- <br />200504064 <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233105 <br />Construction Security Agreement <br />El Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is May 03 ,- 2005 and the parties and their addresses <br />are as follows: KITCHEN & BATH UNLIMITED, INC., A NEBRASKA CORPORATION <br />TRUSTOR: <br />412 W THIRD ST / PO BOX 1412 <br />GRAND ISLAND, NE 68802 <br />0 Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: TiarOne Bank <br />1235 'N' St / P.O. Box 83009 <br />Lincoln, NE 68501 <br />BENEFICIARY: TierOne Bank <br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the <br />Beneficiary, with power of sale, the following described property: <br />THE EAST EIGHTY AND TWO HUNDREDTHS (80.02) FEET OF LOT SIXTEEN (16) AND ALL OF LOTS SEVENTEEN <br />(17) AND EIGHTEEN (18), CENTURA HILLS SUBDIVISION, AN ADDITION TO THE VILLAGE OF CAIRO, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at CENTURA HILLS <br />--------------- - - - - -- ---------------------- <br />(County) <br />- - -- --------------- - - - - -- ------------------- .--------- CAIRO Nebraska <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion <br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures, <br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as <br />"Property "). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs, <br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however <br />established. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this <br />Deed of Trust at any one time shall not exceed $ 40-, 00 -0.00 _ . This limitation of amount does not include <br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to <br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed <br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances <br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not <br />yet be advanced, Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans <br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing. <br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following: <br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions, <br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that <br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc) <br />A Promissory Note dated 05/03/2005 in the original principal sum of $40,000.00 <br />NEBRASKA - AGRICULTURAL/COMMERCIAL DEB) OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FOR CONS UMER PURPOSES) <br />J 1 01993 Bankers Systems, Inc., St. Cloud, MN Form AGICO.OT -NE 1/3012002 <br />Ct- C164(Nq (0307) VMP Mortgage Solutions (800)521 -7291 <br />U� <br />Cn <br />N <br />tt�� <br />4 <br />CD <br />' <br />cn <br />--r <br />cri <br />rri <br />x� [a <br />CD <br />CAD <br />C <br />v� <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233105 <br />Construction Security Agreement <br />El Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is May 03 ,- 2005 and the parties and their addresses <br />are as follows: KITCHEN & BATH UNLIMITED, INC., A NEBRASKA CORPORATION <br />TRUSTOR: <br />412 W THIRD ST / PO BOX 1412 <br />GRAND ISLAND, NE 68802 <br />0 Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: TiarOne Bank <br />1235 'N' St / P.O. Box 83009 <br />Lincoln, NE 68501 <br />BENEFICIARY: TierOne Bank <br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the <br />Beneficiary, with power of sale, the following described property: <br />THE EAST EIGHTY AND TWO HUNDREDTHS (80.02) FEET OF LOT SIXTEEN (16) AND ALL OF LOTS SEVENTEEN <br />(17) AND EIGHTEEN (18), CENTURA HILLS SUBDIVISION, AN ADDITION TO THE VILLAGE OF CAIRO, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at CENTURA HILLS <br />--------------- - - - - -- ---------------------- <br />(County) <br />- - -- --------------- - - - - -- ------------------- .--------- CAIRO Nebraska <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion <br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures, <br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as <br />"Property "). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs, <br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however <br />established. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this <br />Deed of Trust at any one time shall not exceed $ 40-, 00 -0.00 _ . This limitation of amount does not include <br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to <br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed <br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances <br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not <br />yet be advanced, Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans <br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing. <br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following: <br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions, <br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that <br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc) <br />A Promissory Note dated 05/03/2005 in the original principal sum of $40,000.00 <br />NEBRASKA - AGRICULTURAL/COMMERCIAL DEB) OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FOR CONS UMER PURPOSES) <br />J 1 01993 Bankers Systems, Inc., St. Cloud, MN Form AGICO.OT -NE 1/3012002 <br />Ct- C164(Nq (0307) VMP Mortgage Solutions (800)521 -7291 <br />