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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />[X] Construction Security Agreement D Master form recorded by
<br />
<br />,. DATE AND PARTIES. The date of this Deed of Trust is 01.08.2008
<br />their addresses are as follows:
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<br />and the parties and
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<br />TRUSTOR: C & S LEGACY DEVELOPMENT, LLC
<br />4083 NORTHVIEW DRIVE
<br />GRAND ISLAND, NE 68801
<br />
<br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: PINNACLE BANK
<br />320 G STREET
<br />CENTRAL CITY, NE 68826
<br />
<br />BENEFICIARY:
<br />
<br />PINNACLE BANK - CENTRAL CITY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />320 G STREET P.O. BOX 28
<br />CENTRAL CITY, NE 68826
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<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 SEVENTEEN (17), BLOCK TWO (2), NORTHVIEW FIRST SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in HALL
<br />
<br />(County)
<br />
<br />, GRAND ISLAND
<br />
<br />at 2932 LEE STREET
<br />
<br />, Nebraska 6880 1
<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 />NEBRASKA - AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @1993. 2001 B.n~ers Systems. Ino.. St, Cloud. MN Form AGCO-RESI-NE 1/17/2003
<br />
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<br />
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<br />(page 1 of 8)
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