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<br />Space Above This Line For Recording Data
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<br />DEED OF TRUST
<br />
<br />1/0,.)0
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is December 5, 2006. The parties
<br />and their addresses are:
<br />
<br />TRUSTOR (Grantor):
<br />H & J INVESTMENTS LLC
<br />A Nebraska Limited Liability Company
<br />5075 S locust
<br />Grand Island, Nebraska 68803
<br />
<br />RICHARD L HARTMAN
<br />Chief Executive Member
<br />5075 S Locust
<br />Grand Island, Nebraska 66803
<br />
<br />TRUSTEE:
<br />HENDERSON STATE BANK
<br />a Nebraska Corporation
<br />1040 N Main Street, P.O. Box 605
<br />Hendernon, Nebrnska 68371
<br />
<br />BENEFICIARY (Lender):
<br />HENDERSON STATE BANK
<br />Organized and existing under the laws of Nebraska
<br />1040 North Main Street
<br />P.O. Box 605
<br />Henderson, Nebraska 68371-0605
<br />
<br />H & J Investments LLC, a Nebraska Limited Liability Company
<br />
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of lender, with power of sale, the following
<br />described property:
<br />
<br />EXHIBIT "A"
<br />
<br />The property is located in Hall County at 5075 S locust, Grand Island, Nebraska 68803.
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock, crops, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described (all referred to as Property). This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />terminated in writing by Lender.
<br />
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $300,000.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />
<br />3. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 30421.00520460, dated December 5, 2006,
<br />
<br />H & J Investments LLC
<br />Nebraska Deed Of Trust
<br />NE/4XXXXXMJ030421.00005451013120406Y
<br />
<br />@1996 Bankers Systems, Inc.. St. Cloud, MN E~
<br />
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