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1. DATE AND PARTIES. The date of this Deed of Trust is 06.20 -2005 and the parties and <br />their addresses are as follows: <br />TRUSTOR: Jacobsen Enterprises Incorporated, A Nebraska Corporation <br />38 Winnipeg Road <br />Kearney, NE 68847 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />1333 N Webb Road PO Box 5138 <br />Grand Island, NE 68802 -5138 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />315 W. 60th St. Ste. 100 <br />Kearney, NE 68845 <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 />Lot 1, Grand Island Mall Fourteenth Subdivision, in the City of Grand Island, Hall County, Nebraska <br />The property is located in <br />at Jacobsen Enterprises Incorporated <br />, Grand Island Nebraska 68803 <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 <br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) <br />� M 01993, 2001 Bankers Systems, Inc., St, Cloud, MN Form AGCO- RESI•NE 1/17/2003 <br />/page 1 of 81 <br />' <br />rn <br />r <br />m Qm rn <br />�l 7b <br />° <br />C <br />n n <br />m <br />i <br />�_Z <br />a -� <br />� <br />ry <br />I` <br />��m <br />z <br />cAi1 <br />n <br />;' <br />_ <br />� <br />,.. <br />-< <br />,1 <br />c::3 <br />r <br />{ N r <br />rrn <br />CA <br />o <br />c-n <br />Cn <br />LA m_ .' <br />c-D <br />07 <br />>- n <br />m <br />4 <br />Crl <br />Cx7 <br />C-) <br />mmwmmdm� <br />CD <br />c <br />F--" <br />i1-+ <br />Z <br />ell <br />- — -- - <br />State of Nebraska <br />Space Above This <br />Line For Recording Data <br />REAL ESTATE <br />DEED OF TRUST <br />(With Future Advance Clause) <br />LL�� <br />❑ Construction Security Agreement <br />❑ <br />Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is 06.20 -2005 and the parties and <br />their addresses are as follows: <br />TRUSTOR: Jacobsen Enterprises Incorporated, A Nebraska Corporation <br />38 Winnipeg Road <br />Kearney, NE 68847 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />1333 N Webb Road PO Box 5138 <br />Grand Island, NE 68802 -5138 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />315 W. 60th St. Ste. 100 <br />Kearney, NE 68845 <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 />Lot 1, Grand Island Mall Fourteenth Subdivision, in the City of Grand Island, Hall County, Nebraska <br />The property is located in <br />at Jacobsen Enterprises Incorporated <br />, Grand Island Nebraska 68803 <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 <br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) <br />� M 01993, 2001 Bankers Systems, Inc., St, Cloud, MN Form AGCO- RESI•NE 1/17/2003 <br />/page 1 of 81 <br />