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DEED OF TRUST
<br />t-
<br />THIS DEED OF TRUST is made as of the 23 day of November , 20C by and -
<br />among Gregory D. and Dixie A. Roberts and Todd C. and Kelly A Enck, whose mailing
<br />address is 819 Diers Ave., Suite 819, Grand Island, NE. 68803 ( "Trustor "), and Thomas C. c:
<br />Huston, an attorney at law licensed to practice in the State of Nebraska, whose mailing address
<br />is 1900 U.S. Bank Building, 233 South 13th Street, Lincoln, Nebraska 68508 ( "Trustee "), and
<br />Little B's Corporation, a Nebraska corporation, having an address of 4444 W. 13th Street,
<br />Grand Island, NE. 68803 ( "Beneficiary").
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and
<br />assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property located in Hall
<br />County, Nebraska, and legally described as follows:
<br />Block 3 Lots 1 & 2. SUMMERFIELD ESTATES FIRST
<br />SUBDIVISION Grand Island, Hall County, Nebraska,
<br />together with all rents, easements, appurtenances, hereditaments, interest in adjoining roads,
<br />streets, alleys, improvements, buildings of any kind situated thereon, and all personal property
<br />that may be or hereafter become an integral part of such buildings and improvements, all crops
<br />raised thereon, and all water and mineral rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />For the purpose of securing:
<br />(a) The payment of indebtedness in the total principal amount of
<br />Thirty -Five Thousand, Three Hundred Fourtv Dollars
<br />($ 35,340.00), as evidenced by that certain promissory note of
<br />even date herewith (the "Note ") executed by Trustor, which has
<br />been delivered and is payable to the order of Beneficiary, and
<br />which by this reference is hereby made a part hereof, and any and
<br />all modifications, extensions, and renewals thereof; and
<br />(b) Payment of all sums advanced by Beneficiary to protect the Trust
<br />Estate, with interest thereon at the default rate provided in the
<br />Note.
<br />(c) Performance of all of Trustor's obligations under the Purchase
<br />Agreement entered into by and between Trustee and Beneficiary
<br />and dated as of the 23 day of November, 20 03 (the
<br />"Purchase Agreement ").
<br />This Deed of Trust, the Note, the Guaranty Agreement of even date herewith, and any
<br />other instrument given to evidence or further secure the payment and performance of any
<br />obligation secured hereby are referred to collectively as the "Loan Instruments ".
<br />To protect the security of this deed of trust:
<br />2. Payment of Indebtedness; Covenant of Title.
<br />(a) Trustor shall pay when due the principal of, and the interest on,
<br />the indebtedness evidenced by the Note, charges, fees, and all
<br />the sums as provided in the Loan Instruments.
<br />{ L0550262.1 }
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<br />DEED OF TRUST
<br />t-
<br />THIS DEED OF TRUST is made as of the 23 day of November , 20C by and -
<br />among Gregory D. and Dixie A. Roberts and Todd C. and Kelly A Enck, whose mailing
<br />address is 819 Diers Ave., Suite 819, Grand Island, NE. 68803 ( "Trustor "), and Thomas C. c:
<br />Huston, an attorney at law licensed to practice in the State of Nebraska, whose mailing address
<br />is 1900 U.S. Bank Building, 233 South 13th Street, Lincoln, Nebraska 68508 ( "Trustee "), and
<br />Little B's Corporation, a Nebraska corporation, having an address of 4444 W. 13th Street,
<br />Grand Island, NE. 68803 ( "Beneficiary").
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and
<br />assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the real property located in Hall
<br />County, Nebraska, and legally described as follows:
<br />Block 3 Lots 1 & 2. SUMMERFIELD ESTATES FIRST
<br />SUBDIVISION Grand Island, Hall County, Nebraska,
<br />together with all rents, easements, appurtenances, hereditaments, interest in adjoining roads,
<br />streets, alleys, improvements, buildings of any kind situated thereon, and all personal property
<br />that may be or hereafter become an integral part of such buildings and improvements, all crops
<br />raised thereon, and all water and mineral rights.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate ".
<br />For the purpose of securing:
<br />(a) The payment of indebtedness in the total principal amount of
<br />Thirty -Five Thousand, Three Hundred Fourtv Dollars
<br />($ 35,340.00), as evidenced by that certain promissory note of
<br />even date herewith (the "Note ") executed by Trustor, which has
<br />been delivered and is payable to the order of Beneficiary, and
<br />which by this reference is hereby made a part hereof, and any and
<br />all modifications, extensions, and renewals thereof; and
<br />(b) Payment of all sums advanced by Beneficiary to protect the Trust
<br />Estate, with interest thereon at the default rate provided in the
<br />Note.
<br />(c) Performance of all of Trustor's obligations under the Purchase
<br />Agreement entered into by and between Trustee and Beneficiary
<br />and dated as of the 23 day of November, 20 03 (the
<br />"Purchase Agreement ").
<br />This Deed of Trust, the Note, the Guaranty Agreement of even date herewith, and any
<br />other instrument given to evidence or further secure the payment and performance of any
<br />obligation secured hereby are referred to collectively as the "Loan Instruments ".
<br />To protect the security of this deed of trust:
<br />2. Payment of Indebtedness; Covenant of Title.
<br />(a) Trustor shall pay when due the principal of, and the interest on,
<br />the indebtedness evidenced by the Note, charges, fees, and all
<br />the sums as provided in the Loan Instruments.
<br />{ L0550262.1 }
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