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State of Nebraska <br />Space Above This Line For Recording Dat <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233158 <br />❑ Construction Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is May__ 23.,_._2005 ----- ---------- - - -- and the parties and their addresses <br />are as follows: NSH, LLC, A LIMITIED LIABILITY COMPANY <br />TRUSTOR: <br />1824 WEST 2ND STREET <br />GRAND ISLAND, NE 68801 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: TierOne 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 />LOT EIGHTEEN (18), IN BLOCK TWO (2), OF NORMANDY ESTATES, AN ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in ----------------------------- Hall -------- . ------- _•------------ at 160$ WINDSOR PLACE <br />(County) <br />--------------------------------------------------------- - - - - -- ° ---------------------- GRANDISLAND ----------------- - - - - -- - Nebraska. _6 " 8 , 8 , 0 , 1 ...... . <br />(Address) (City) (Z de) <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 teTM 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 $ 100,000.00 ----------------- _ 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 05/23/2005 in the original principal sum of $100,000.00 <br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA ORVA USF- ANDNOTFORCONSUMERPUPPOSES) 1 f6 <br />M ©1993 Bankers Systems, Inc., St. Cloud, MN Form AGJCO -DT-NE 1/30/2002 <br />- -C164(NE) (0307) VMPMortg age Solutions (800)621 -7291 <br />M <br />- <br />n <br />_ r, <br />m <br />_ <br />Z <br />e� <br />Mn° <br />:a�W <br />r° <br />= <br />w <br />�w <br />>p <br />a <br />u]4 <br />•,_ <br />C �-^} <br />cri <br />CD <br />CD <br />W <br />Cn <br />pp <br />0 <br />Cn <br />State of Nebraska <br />Space Above This Line For Recording Dat <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233158 <br />❑ Construction Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is May__ 23.,_._2005 ----- ---------- - - -- and the parties and their addresses <br />are as follows: NSH, LLC, A LIMITIED LIABILITY COMPANY <br />TRUSTOR: <br />1824 WEST 2ND STREET <br />GRAND ISLAND, NE 68801 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: TierOne Bank <br />1235 'N' St / P.O. Box 83009 <br />Lincoln, NE 68501 <br />BENEFICIARY: TierOne Bank <br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the <br />Beneficiary, with power of sale, the following described property: <br />LOT EIGHTEEN (18), IN BLOCK TWO (2), OF NORMANDY ESTATES, AN ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in ----------------------------- Hall -------- . ------- _•------------ at 160$ WINDSOR PLACE <br />(County) <br />--------------------------------------------------------- - - - - -- ° ---------------------- GRANDISLAND ----------------- - - - - -- - Nebraska. _6 " 8 , 8 , 0 , 1 ...... . <br />(Address) (City) (Z de) <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 teTM 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 $ 100,000.00 ----------------- _ 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 05/23/2005 in the original principal sum of $100,000.00 <br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA ORVA USF- ANDNOTFORCONSUMERPUPPOSES) 1 f6 <br />M ©1993 Bankers Systems, Inc., St. Cloud, MN Form AGJCO -DT-NE 1/30/2002 <br />- -C164(NE) (0307) VMPMortg age Solutions (800)621 -7291 <br />