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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE DEED OF TRUST 4r I/v
<br /> (With Future Advance Clause.
<br />0 Construction Security Agreement 0 Master form recorded by
<br />
<br />
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 10.20.2006
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: SOUTHEAST CROSSINGS, LLC, A NEBRASKA LIMITED LIABILITY COMPANY
<br />611 FLEETWOOD ROAD
<br />GRAND ISLAND, NE 68803.3114
<br />
<br />lXI Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: FIRST STATE BANK
<br />914 LAKE AVENUE, PO BOX 79
<br />GOTHENBURG,NE 69138
<br />
<br />BENEFICIARY:
<br />
<br />FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />914 LAKE AVENUE
<br />PO BOX 79 GOTHENBURG, NE 69138
<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 />LOT 7 AND THE N 135 FEET OF LOT 8; MENARD SteOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />
<br />The property is located in HALL
<br />
<br />at 2435 N DIERS AVENUE
<br />
<br />(County)
<br />
<br />(Address) (City) (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 />, GRAND ISLAND
<br />
<br />, Nebraska68803
<br />
<br />NEBRASKA . AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT L
<br />INOTFOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @1993, 2001 Bonko.. Systoms, Inc., St. Cloud, MN Form AGCO-RESI-NE 1/17/2003 '. ~
<br />
<br />(page 1 of 8)
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