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<br />Loan No: 12501
<br />
<br />DEED OF TRUST
<br />( Continued)
<br />
<br />200602540
<br />
<br />Page 4
<br />
<br />default section of this Deed of Trust.
<br />
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including
<br />without limitation a guaranty of all or part of the Note.
<br />
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures, mobile homes affixed on
<br />the Real Property, facilities, additions, replacements and other construction on the Real Property.
<br />
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and .other amounts, costs and expenses payable under the Note
<br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note
<br />or Related Documents and any amounts expended or advanced by Lender to discharge Trustor's obligations or expenses incurred by
<br />Trustee or Lender to enforce Trustor's obligations under this Deed of Trust, together with interest on such amounts as provided in this
<br />Deed of Trust. Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision,
<br />together with all interest thereon and all amounts that may be indirectly secured by the Cross-Collateralization provision of this Deed
<br />. of Trust.
<br />
<br />Lender. The word "Lender" means FIVE POINTS BANK OF HASTINGS, its successors and assigns.
<br />
<br />Note. The word "Note" means the promissory note dated March 23, 2006, in the original principal amount of
<br />$800,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications of, refinancings of,
<br />consolidations of, and substitutions for the promissory note or agreement. The maturity date of this Deed of Trust is March 15,
<br />2011.
<br />
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or
<br />hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and
<br />additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (including without
<br />limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property.
<br />
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this Deed of Trust.
<br />
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other
<br />instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Indebtedness.
<br />
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived
<br />from the Property.
<br />
<br />Trustee. The word "Trustee" means Five Points Bank of Hastings, whose address is 2815 Osborne Drive West, Hastings, NE
<br />68902-0055 and any substitute or successor trustees.
<br />
<br />Trustor. The word "Trustor" means PRAGY A INC.
<br />
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR AGREES TO ITS TERMS.
<br />
<br />TRUSTOR;
<br />
<br />PRAGY A INC
<br />
<br />
<br />BY;..J~~TEL~r~~~~RAGYA'..1~6......'...'.
<br />
<br />~....'....'... .......I')J... ~.. ....... '.\\::.'. .,:~..._.-. ----
<br />By; .'. . ,l""y'"
<br />DHAVAL BliATT. Secretary and Treasurer of PRAGYA INC
<br />
<br />CORPORATE ACKNOWLEDGMENT
<br />
<br />STATE OF
<br />
<br />1\1 e b I!'~':.k. 0.
<br />
<br />COUNTY OF
<br />
<br />Ad..{),w-.~
<br />
<br />)
<br />) ss
<br />)
<br />
<br />On this ;;l ~ day of M.a.rL,^ ,20 Db ,before me, the undersigned Notary Public,
<br />personally appeared JAYANTIBHAI V PATEL. President of PRAGYA INC. and known to me to be an authorized agent of the corporation
<br />that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and voluntary act and deed of the corporation, by
<br />authority of its Bylaws or by resolution of its board of directors, for the uses and purposes therein mentioned. and on oath stated that he or
<br />she is authorized to execute this Deed of Trust and in fact executed the Deed of Trust on behalf of the corporation.
<br />
<br />By 4lttL--a
<br />
<br />
<br />GENERAL NOTARY. State of Nebfaska
<br />NATHAN R. GENGENBACH
<br />My Comm.. Exp. May 19, 2009
<br />
<br />Notary Public in and for the State of e c- 0.. ';> I),
<br />Residing at Ho... <So t i ~~ -? :... *"
<br />My commission expires <:J . I q I 0 ~
<br />
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