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<br />Loan No: 33367
<br />
<br />DEED OF TRUST
<br />(Continued)
<br />
<br />200610022
<br />
<br />Page 4
<br />
<br />Lender. The word "Lender" means HASTINGS STATE BANK, its successors and assigns.
<br />
<br />Note. The word "Note" means the promissory note dated November 7, 2006, in the original principal amount of
<br />$2,300,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of,
<br />consolidations of, and substitutions for the promissory note or agreement.
<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 HASTINGS STATE BANK, whose address is 530 N. BURLINGTON, HASTINGS, NE 68901 and
<br />any substitute or successor trustees.
<br />
<br />Trustor. The word "Trustor" means SHAFER COMMERCIAL PROPERTIES LLC.
<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 />
<br />II? tPJ1~/-C-
<br />ERCIAL PROPERTIES LLC
<br />
<br />;'
<br />
<br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
<br />
<br />COUNTY OF
<br />
<br />Adams
<br />
<br />)
<br />I SS
<br />)
<br />
<br />STATE OF
<br />
<br />Nebraska
<br />
<br />On this 7 __-_clay of. November , 2Qu 06 , before me, the undersigned Notary Public,
<br />personally appeared JOEL SHAFER, Agent and Manager of SHAFER COMMERCIAL PROPERTIES LLC, and known to me to be partner or
<br />designated agent of the limited liability company that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and
<br />voluntary act and deed of the limited liability company, by authority of statute, its articles of organization or its operating agreement, for
<br />the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this Deed of Trust and in fact
<br />executed the Deed of Trust on behalf of the limited liability company.
<br />
<br />By
<br />
<br />
<br />f...... ~.i..Ii.... ..GENERAl NOTARY-Stile of Net~aska
<br />
<br />! d~~e:r, . NANCY HEHNKE
<br />'.. -." ....... '.., /..1'1 Ccmm. Exp.//'- ~_/, 0
<br />,...DK,~_I'I. ~~
<br />
<br />My commission expires
<br />
<br />To:
<br />
<br />REQUEST FOR FULL RECONVEYANCE
<br />(To be used only when obligations have been paid in full)
<br />
<br />, Trustee
<br />
<br />The undersigned is the legal owner and holder of all Indebtedness secured by this Deed of Trust. All sums secured by this Deed of Trust
<br />have been fully paid and satisfied. You are hereby directed, upon payment to you of any sums owing to you under the terms of this Deed
<br />of Trust or pursuant to any applicable statute, to cancel the Note secured by this Deed of Trust (which is delivered to you together with
<br />this Deed of Trust), and to reconvey, without warranty, to the parties designated by the terms of this Deed of Trust, the estate now held
<br />by you under this Deed of Trust. Please mail the reconveyance and Related Documents to:
<br />
<br />Beneficiary:
<br />By:
<br />Its:
<br />
<br />Date:
<br />
<br />LAseR PRO L!lnding, Viflf, 5.33.00.004 Copr. HI!IIII!M Fln.noi.t Solution., Inc. 1997, 2006. All Rlgl-nt R.lll1fVld. - NE G:\CfINeW\CFIIlPL\G01.FC TR-10147 PR-4!i
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