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1. DATE AND PARTIES. The date of this Deed of Trust is 12.31.2004 and the parties and
<br />their addresses are as follows:
<br />TRUSTOR: GARY'S QUALITY AUTOMOTIVE, INC., A NEBRASKA CORPORATION
<br />3703 WEST OLD POTASH HWY.
<br />GRAND ISLAND, NE 68803
<br />47- 0747490
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P O BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47. 0490809
<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 />47. 0490809
<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 />LOTS THREE (3) AND FOUR (4), WESTGATE FIFTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in HALL at 3703 WEST OLD POTASH HWY.
<br />(County)
<br />, GRAND ISLAND Nebraska68801
<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 /page 1 of 81
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />E5<j5EM ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - REST -NE 1/17/2003
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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction
<br />Security Agreement
<br />❑ Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 12.31.2004 and the parties and
<br />their addresses are as follows:
<br />TRUSTOR: GARY'S QUALITY AUTOMOTIVE, INC., A NEBRASKA CORPORATION
<br />3703 WEST OLD POTASH HWY.
<br />GRAND ISLAND, NE 68803
<br />47- 0747490
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P O BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47. 0490809
<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 />47. 0490809
<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 />LOTS THREE (3) AND FOUR (4), WESTGATE FIFTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in HALL at 3703 WEST OLD POTASH HWY.
<br />(County)
<br />, GRAND ISLAND Nebraska68801
<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 /page 1 of 81
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />E5<j5EM ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - REST -NE 1/17/2003
<br />
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