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<br />State of Nebraska
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement 0 Master form recorded by
<br />
<br />'fo ' ~o
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 06-1J.2007
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: JZM, INC., A NEBRASKA CORPORATION
<br />3580 N WEBB RD
<br />GRAND ISLAND, NE 68803
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors,
<br />TRUSTEE: BANK OF DONIPHAN
<br />518 N EDDY
<br />GRAND ISLAND, NE 68801
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832-0270
<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 EIGHT (8). IN BLOCK TWENTY.NINE (29), IN PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in HALL
<br />
<br />at211 NORTHGRACEST
<br />
<br />(County)
<br />
<br />, GRAND ISLAND
<br />
<br />(Zip Code)
<br />
<br />, Nebraska 68803
<br />
<br />(Address)
<br />
<br />(City)
<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
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @1993, 2001 Sanke" Systems, Ino" St, Cloud, MN Form AGCO-RESI-NE 1/17/2003
<br />
<br />(page 1 of 8)
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