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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST, made this cJ-7 day of ~ '7
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<br />, 2006, by and between
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<br />Kershner Properties, LLC, a Nebraska Limited Liability Company
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<br />hereinafter referred to as "Trustor" whose place of business address is
<br />
<br />1115 West 41 st, Kearney, Nebraska 68845
<br />
<br />GREGG 1. STRATMAN, hereinafter referred to as "Trustec," whose address is
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<br />11145 Mill Valley Road, Omaha, NE 68154
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<br />and Nebraska Economic Development Corporation, hereinafter referred to as "Beneficiary," who maintains an
<br />office and place of business at 1610 South 70th Street, Suite 201, Lincoln, NE 68506, in participation with the
<br />Small Business Administration, an Agency of the United States.
<br />
<br />WITNESSETH, that for and in consideration of $1.00 and other good and valuable consideration,
<br />receipt of which is hereby acknowledged, the Trustor does hereby bargain, sell, grant, assign, and convey unto
<br />the Trustee, his successors and assigns IN TRUST, WITH POWER OF SALE, all of the following described
<br />property situated and being in the County of Hall, State of Nebraska.
<br />
<br />See Exhibit "A" attached hereto
<br />
<br />Together with and including all buildings, all fixtures, including but not limited to all plumbing, heating,
<br />lighting, ventilating, refrigerating, incinerating, air conditioning apparatus, and elevators (the Trustor hereby
<br />declaring that it is intended that the items herein enumerated shall be deemed to have been permanently
<br />installed as part of the realty), and all improvements now or hereafter existing thereon; the hereditaments and
<br />appurtenances and all other rights thereunto belonging, or in anywise appertaining, and the reversion and
<br />reversions, rcmainder and remainders, and the rents, issues, and profits of the above described property. To
<br />have and to hold the same unto the Trustee, and the successors in interest of the Trustee, forever, in fee simple
<br />or such other estate, if any, as is stated herein trust, to secure a promissory note of the above date, in the
<br />principal sum of: $106,000.00 signed by Kershner Properties, LLC and Central Nebraska Management, Inc..
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