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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement 0 Master form recorded by
<br />
<br />State of Nebraska
<br />
<br />1. DATE AND PARTiES. -The 'date of this beed of Trust is 04-03-2008
<br />their addres!?es are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: J & BRENT ALS, L.L.C., A Nebraska Limited Liability Company
<br />1611 St Paul Road
<br />Grand Island, NE 68801
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68802-5138
<br />
<br />BENEFICIARY:
<br />
<br />Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802.5138
<br />
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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 />THE NORTHERNLY ONE.HALF (1/21 OF LOT FOUR (41, IN BLOCK ONE HUNDRED THIRTY THREE 11331, UNION PACIFIC RAILWAY
<br />COMPANyiS SECOND ADDITION TO THrCITY OF GRAND ISLAND, AS SURVEYED, PLATTED AND RECORDED IN HALL COUNTY,
<br />NEBRASKA
<br />
<br />The property is located in Hall
<br />
<br />at 821 N Oak ST
<br />
<br />(County)
<br />
<br />, Grand Island
<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. AGRICUL TURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @ 1993, 2001 Bankers Systems, Ino., St, Cloud, MN Form AGCO-RESI-NE 111712003
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