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<br />
<br />State of 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
<br />
<br />~
<br />\J-.
<br />12-~_O
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 01.23.2009
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: FREDERICK DEVELOPMENT, L.L.C., A LIMITED LIABIlITY COMPANY
<br />51 SONJA DRIVE
<br />OONIPHAN,NE 68832
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: BANK OF DONIPHAN
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<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 />LOT THREE (31, JOHNSON SUBDIVISION, AN ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in HALL
<br />
<br />at 602 WEST 6TH STREET
<br />
<br />(County)
<br />
<br />, DONIPHAN
<br />
<br />, Nebraska68832
<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 - AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT
<br />(NOT FOR FNMA, FHLMC, FHA OR V A USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @1993, 2001 Bankers Systems. Inc., St. Cloud. MN Form AGCO-RESI-NE 1117/2003
<br />
<br />(page 1 of 8)
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