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1. DATE AND PARTIES. The date of this Deed of Trust is 12.11.2008 and the parties and <br />their addresses are as follows: <br />TRUSTOR: J & B RENTALS, LLC, A NEBRASKA COMPANY <br />1611 ST PAUL RD <br />GRAND ISLAND, NE 68801 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, <br />TRUSTEE: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <br />BENEFICIARY: BANK OF DONIPHAN <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <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 />SEE ADDENDUM A <br />The property is located in <br />at <br />, Nebraska <br />(Address) (City) (Zip Code) <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 />NEBRASKA - AGRICULTURAL /COMMERCIAL REAL ESTATE SECURITY INSTRUMENT <br />(NOT FOR �FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) (page 1 of 8) <br />E5<1 -ter �e ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO- RESI -NE 1117/2003 <br />m <br />M <br />c <br />m <br />,-1, <br />O <br />v,' <br />r <br />M <br />00 <br />n c„ <br />�) <br />_ <br />—�M <br />-< Q-, <br />nv <br />b <br />so <br />� <br />A 2 <br />0 <br />w <br />a z1 <br />Q rn <br />m <br />(DO <br />C <br />(� <br />Or <br />c7 <br />r <br />C::) C <br />7K <br />r• m <br />ti <br />.rte <br />ry <br />Cn <br />Co z <br />o <br />State of Nebraska Space Above This <br />Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />o <br />❑ <br />Construction Security Agreement ❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is 12.11.2008 and the parties and <br />their addresses are as follows: <br />TRUSTOR: J & B RENTALS, LLC, A NEBRASKA COMPANY <br />1611 ST PAUL RD <br />GRAND ISLAND, NE 68801 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors, <br />TRUSTEE: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <br />BENEFICIARY: BANK OF DONIPHAN <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <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 />SEE ADDENDUM A <br />The property is located in <br />at <br />, Nebraska <br />(Address) (City) (Zip Code) <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 />NEBRASKA - AGRICULTURAL /COMMERCIAL REAL ESTATE SECURITY INSTRUMENT <br />(NOT FOR �FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) (page 1 of 8) <br />E5<1 -ter �e ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO- RESI -NE 1117/2003 <br />