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<br />State ;)f Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement 0 Master form recorded by
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<br />1. DATE AND PARTIES. The date of this Deed of Trust is 02.21.2008
<br />their addresses are as follows:
<br />
<br />TRUSTOR: DONIPHAN GOLF & DEVELOPMENT, LLC, MEMBERS OF LIMITED LIABILITY COMPANY
<br />102 SOUTH 2ND STREET
<br />DONIPHAN, NE 68832
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: BANK OF OONIPHAN
<br />PO BOX270
<br />OONIPHAN, NE 68832.0270
<br />
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />. PO BOX 270
<br />DONIPHAN, NE 68832.0270
<br />
<br />and the parties and
<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 />.THE WEST HALF OF THE SOUtHEAST QUARTER (W2SE4) OF SEGTlor~ ONE (1), TOWNSHIP NINE (9) NORTH, RANGEl eN (10) WEST OF THE liTH ".M., HALL
<br />COUNTY, NEBRASKA EXCEPT CERTAIN TRACTS MORE PARTICULARLY DESCRIBED AS LOT 1, HILLCREST SUBDIVISION DOCUMENT NO. 97.104777 & LOT 1,
<br />HILLCREST SECOND SUBDIVISION DOCUMENT NO. 200603916, HALL COUNTY, NEBRASKA,
<br />
<br />The property is located in HALL
<br />
<br />(County)
<br />
<br />at
<br />
<br />, DONIPHAN
<br />
<br />, Nebraska 68832
<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 Bankers Systems,lnc.. St. Cloud, MN Form AGCO.RESI-NE 1/17/2003
<br />
<br />(page 1 of 8)
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