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<br />DEED OF TRUST
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: that Mettenbrink Farms, Inc.,
<br />hereinafter referred to as "Trustor", to secure a Promissory Note for the principal amount
<br />of One Hundred Thousand and No/IOO Dollars ($100,000.00) payable to the order of John
<br />Mettenbrink and Patricia Mettenbrink, whose address is 7551 N. Webb Road, Grand
<br />Island, Nebraska 68803, hereinafter referred to as "Beneficiary", providing for payment of
<br />the entire principal balance, all in accordance with a Promissory Note signed by
<br />Mettenbrink Farms, Inc., by Gary Mettenbrink, President, on April 25, 2009, do hereby
<br />grant and convey unto Vince Dowding, attorney at law, the "Trustee", the following
<br />described property:
<br />
<br />Lot One (1), Wenzl Second Subdivision, Hall County,
<br />Nebraska
<br />
<br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust
<br />nevertheless, and in case of default in the payment of said Note or any part thereof or
<br />interest thereon or in the performance of any covenant hereinafter set forth, then the
<br />Trustee shall have the power to sell the above-described property and upon request of
<br />the Beneficiary, the Trustee shall file for record in the Register of Deeds' Office of Hall
<br />County, Nebraska, a Notice of Default, setting forth that a breach of an obligation, for
<br />which the said property was conveyed as security, has occurred, and setting forth the
<br />nature of such breach and the Trustee's election to sell the property to satisfy the
<br />obligation; and after the lapse of not less than one (1) month, the Trustee shall give
<br />written notice of the time and place of sale which may be between 9:00 a.m. and 5:00
<br />p.m. at the premises, or at the Hall County Courthouse, and particularly describing the
<br />property to be sold; said Notice to be published in a newspaper of a general circulation in
<br />Hall County, Nebraska, once a week for five (5) consecutive weeks, the last publication to
<br />be at least ten (10) days but not more than thirty (30) days prior to the sale; and the
<br />Trustee shall then sell said property at the time and place designated in this Notice, in the
<br />manner provided by law in effect at the time of filing said Notice, and public auction to the
<br />highest bidder for cash and shall deliver to such purchaser a deed to the property sold
<br />consistent with the law in effect at that time. Additionally, Trustor hereby requests that
<br />Trustee shall mail Trustor a copy of any Notice of Default and Notice of Sale hereunder
<br />upon default addressed to him at 2270 West Abbott Road, Grand Island, Nebraska
<br />688013. Out of the proceeds of said sale, the Trustee shall retain and pay first all fees,
<br />charges and costs of sale and all monies advanced in the exercise of the power of sale,
<br />including the payment of the Trustee's fees actually incurred, and pay second the
<br />obligations secured by this Deed of Trust; and the balance, if any, shall be paid to the
<br />person or persons legally entitled thereto. Any person, including the Beneficiary, may
<br />
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