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<br />200804971
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<br />Deed of Trust, Security Agreement and Fixture Filing
<br />(Nebraska)
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<br />This Trust Deed, made this 5th day of June, 2008, between C. William Robb and Carla K. Robb, husband and wife and
<br />Doniphan Golf and Development, L.L.C., a Nebraska Limited Liability Company, whose address is 327 Amick Ave.,
<br />Doniphan, Nebraska, 68832 Trustor, and Bruce I. Smith, Attorney at Law, whose address is P.O. Box 790, Grand Island, NE
<br />68802, Trustee,
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<br />Witnesseth: That Whereas, Trustor has executed one certain Deed of Trust Note bearing even date herewith and drawn to
<br />the order of Metropolitan Life Insurance Company, hereinafter called Beneficiary, for the principal sum of.nEIGHT
<br />HUNDRED THOUSAND---Dollars ($800,000.00), payable in lawful money of the United States which shall be legal
<br />tender in payment of all debts and dues, public and private, at the time of payment, payable in installments, the final
<br />installment due June I, 2028, with interest thereon from the date of disbursement as therein provided.
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<br />And Whereas, Trustor is desirous of securing the prompt payment of said Deed of Trust Note and all interest and charges
<br />thereon, in whose hands soever the same may be.
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<br />Now, therefore, Trustor, in consideration of the premises, and for the purpose aforesaid, hath granted, bargained, sold, and
<br />conveyed, and hereby does grant, bargain, sell and convey unto the Trustee, in trust, with power of sale, pursuant to the
<br />Nebraska Trust Deeds Act (Section 76-1001 et. seq.), all the following described real estate, premises and
<br />property, situate in the County of Hall and State of Nebraska, to wit:
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<br />Parcell: The Northwest Quarter (NWl/4); The Wen Half of the Northeast Quatter (WlI2NEI/4)
<br />and Tbe East Half of the Southwest Quarter (ElI2SWl/4) allm Section One (1), Town,hip Nine (9)
<br />Nortb, Range Ten (10) West ofthe 6th P.M., Ha.ll Couoty, Nebraska
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<br />Pared 2; 'Ihe. West Halt of the Southeast Quafter (W1I2SEl/4) of Section One (1), Township Nine (9) North,
<br />Range Ten (10) West of the 6th PM., Hall County, Nebrask.a except a 4:ertllin tract more partiCularly
<br />described on Plat Q Lot 1, Hillc:rest Subdivision, Ban County, Nebraska reco:rded in the Register of
<br />Deeds Office as Document No. 97-104777 and except II certain tract more particularly described OD Plat
<br />as Lot 1, Billere" Second SUbc:Uvtsion, Ball County, Nebraska r~orded In tbe Registet of DMds Offic.e as
<br />Document No. 200603916
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<br />Together with all and singular tenements, hereditaments, privileges and appurtenances, now or hereafter located upon or
<br />belonging to or in anywise appertaining to the above described property, or any part thereof, including any right of
<br />homestead and every contingent right or estate therein.
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<br />The Note secured hereby expressly provides that the holder thereof may at its option change or adjust the interest rates set
<br />forth therein.
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<br />It is agreed that all irrigation pumps, motors, engines pipes, sprinklers, control panels and accessories, and all other
<br />irrigation equipment together with all water and watering rights of every kind and description, and all improvements,
<br />fixtures and appurtenances connected therewith now or hereafter placed or installed on said premises shall be construed
<br />as affixed to and a part of the real estate hereinabove described and subject to all of the provisions of this Deed of Trust.
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