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<br /> 200602630
<br />
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement 0 Master form recorded by
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 03.24.2006
<br />their addresses are as follows:
<br />
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<br />and the parties and
<br />
<br />TRUSTOR: J & B RENTALS, 1.1.C., A Nebraska Corporation
<br />1611 St Paul Road
<br />Grand Island, NE 68801
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68802-5138
<br />
<br />BENEFICIARY:
<br />
<br />Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802.5138
<br />
<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 />
<br />The South Forty Four FeetlS44') of lot One (11, in Block Twenty One (21), Original Town, now City of Grand Island, Hall County,
<br />
<br />Nebraska
<br />
<br />The property is located in Hall
<br />
<br />at 514 N Oak Street
<br />
<br />, Grand Island
<br />
<br />, Nebraska 6880 1
<br />
<br />(County)
<br />
<br />(Address) ICityl (Zip Code)
<br />
<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 />
<br />NEBRASKA - AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT .L L ;2&-
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE. AND NOT FOR CONSUMER PURPOSES) /2-/7. ,\-.. ?
<br />~ @1993. 2001 SanKers Systom., Inc., St, Cloud, MN Form AGCO-RESI-NE 1/17/2003 -;;::r //
<br />
<br />(page 1 of 81
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