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<br />State of Nebraska Sp~ce Above This Line For Recording Data - -- 6D
<br />REAL ESTATE DEED OF TRUST (;I)'
<br />(With Future Advance Clause)
<br />[XI Construction Security Agreement D Master form recorded by
<br />
<br />, . DATE. AND PARTIES. The date of this Deed of Trust is 05.28.2008
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: MCNELIS DEVELOPMENT, LLC. A NEBRASKA LIMITED LIABILITY COMPANY
<br />2915 LEE STREET
<br />GRANDISLANO,NE 68803
<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
<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 />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART THEREOF
<br />
<br />"
<br />
<br />The property is located in HALL
<br />
<br />at TO BE ASSIGNED
<br />
<br />(County)
<br />
<br />, GRAND ISLAND
<br />
<br />, Nebraska68803
<br />
<br />(Address)
<br />
<br />(City)
<br />
<br />(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 -1
<br />(NOT FOR FNMA, FHlMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) /
<br />~ . ""'. """ "".0 ',.,.mo. '"" ". ~oo. M' 'om AGOO_"~' '" moo,
<br />
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