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<br />REAL ESTATE DEED OF TRUST -2
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement ❑ Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 07.29.2005 and the parties and
<br />their addresses are as follows:
<br />TRUSTOR: MCNELIS DEVELOPMENT, L.L.C., A NEBRASKA LIMITED LIABILITY COMPANY & MELDOR, L.L.C., A NEBRASKA LIMITED
<br />LIABILITY COMPANY
<br />% SEAN L. MCNELIS; 4051 ZOLA LANE
<br />GRANO ISLAND, NE 68803
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: PINNACLE BANK
<br />320 G STREET
<br />CENTRAL CITY, NE 68826
<br />BENEFICIARY: PINNACLE BANK - CENTRAL CITY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />320 G STREET P.O. BOX 28
<br />CENTRAL CITY, NE 68826
<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 />LOTS FIVE (5) AND SIX (6), BLOCK ONE (1), LOTS TWO (2), THREE (3), FOUR (4), AND SEVEN (7) TO SEVENTEEN (17) INCLUSIVE, BLOCK TWO (2),
<br />AND LOTS ONE (1) TO EIGHT (8) INCLUSIVE, BLOCK THREE (3), NORTHVIEW FIRST SUBDIVISION, A SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA, ACCORDING TO THE PLAT THEREOF.
<br />The property is located in HALL at ADDRESSES TO BE ASSIGNED AS SO
<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 i.
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) /page 9 of 8/
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<br />Q 1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCG- RESI -NE 1!17/2003
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