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<br />DEED OF TRUST
<br />4"50,
<br />THIS DEED OF TRUST is made this 3 day of l aivt- , 20! S by Shafer Medical
<br />Two LLC, a Nebraska Limited Liability Company, whether by one or more (hereinafter called the ( "Trustor "),
<br />whose mailing address is 819 Diers Avenue Suite 1, Grand Island, NE, 68803, to Jay B. Judds, Attorney at Law
<br />(hereinafter called the "Trustee "), whose mailing address is P.O. Box 820, Grand Island, Nebraska 68802, and
<br />Cedar Ridge Development LLC (hereinafter called the "Beneficiary"), whose mailing address is 819 Diers
<br />Avenue, Grand Island, Nebraska 68803.
<br />WITNESSETH;
<br />WHEREAS, Trustor has promised to pay the full and prompt payment of the sums due under a certain
<br />guaranty made to Beneficiary in the original principal sum of THIRTY -NINE THOUSAND FIVE HUNDRED
<br />AND 00 /100 DOLLARS ($39,500.00) along with interest in the amount of FIVE HUNDRED AND 00 /100
<br />DOLLARS ($500. 0) for a total of FOURTY THOUSAND AND 00 /100 DOLLARS ($40,000.00) which
<br />indebtedness is eneed by a guaranty by Trustor dated of even date herewith (hereinafter called the
<br />"Guaranty"). Trustor's initials).
<br />NOW THEREFORE, for the purpose of securing payment of the Guaranty on behalf of Trustor,
<br />together with interest thereon, late charges, prepayment penalties, premiums, or fees, default fees, any future
<br />advances, and all extensions, modifications, substitutions and renewals thereof, payment of all other sums, fees
<br />or charges, together with interest thereon, advanced to protect the security of this Deed of Trust and the
<br />performance of the covenants and agreements of Trustor, whether or not set forth herein; and performance,
<br />discharge of and compliance with every term, covenant, obligation and agreement of Trustor contained herein or
<br />incorporated by reference or any other security instrument at any time given to secure the Guaranty by Trustor,
<br />all of which is hereinafter collectively called the "Indebtedness," Trustor irrevocably grants and transfers to
<br />Trustee, in trust, WITH POWER OF SALE, the property legally described on Exhibit "A" attached hereto,
<br />together with (i) all buildings, structures, additions, enlargements, modifications, repairs, replacements, and
<br />improvements now or hereafter located thereon, (ii) all equipment, machinery and fixtures (including, without
<br />limitation, all lighting, heating, ventilating, cooling, air conditioning, sprinkling and plumbing fixtures, water
<br />and power systems, engines, boilers ranges, ovens, dishwashers, mirrors and mantels, carpeting, furnaces, oil
<br />burners, elevators and motors, refrigeration plants or units, communication systems, dynamos, transformers,
<br />electrical equipment, storm and screen windows, doors, awnings and shades) now or hereafter attached to, or
<br />built in, any building or improvement now or hereafter located thereon, (iii) all easements and rights of way
<br />appurtenant thereof, (iv) all leasehold estate, right, title and interest of Trustor in and to all leases, whether now
<br />or hereafter existing or entered into (including, without limitation, all cash and security deposits, advance rentals
<br />and deposits or payments of a similar nature) pertaining thereto, (v) all rents issues, profits and income therefrom
<br />(subject to the right of Trustor to collect and apply such rents, issues, profits and income as the become due and
<br />payable so long as no event of default exists hereunder), (vi) all royalties, mineral, oil and gas rights and profits,
<br />water, water rights, and water stock, (vii) all tenements, hereditaments, privileges and appurtenances belonging,
<br />used or enjoyed in connection therewith, and (viii) all proceeds of conversion, voluntary or involuntary, of any
<br />of the foregoing into cash or liquidated claims (including, without limitation, proceeds of conversion, voluntary
<br />or involuntary, of any of the foregoing into cash or liquidated claims (including, without limitation, proceeds of
<br />insurance and condemnation awards), all of which is hereinafter collectively called the "Trust Property ".
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<br />DEED OF TRUST
<br />4"50,
<br />THIS DEED OF TRUST is made this 3 day of l aivt- , 20! S by Shafer Medical
<br />Two LLC, a Nebraska Limited Liability Company, whether by one or more (hereinafter called the ( "Trustor "),
<br />whose mailing address is 819 Diers Avenue Suite 1, Grand Island, NE, 68803, to Jay B. Judds, Attorney at Law
<br />(hereinafter called the "Trustee "), whose mailing address is P.O. Box 820, Grand Island, Nebraska 68802, and
<br />Cedar Ridge Development LLC (hereinafter called the "Beneficiary"), whose mailing address is 819 Diers
<br />Avenue, Grand Island, Nebraska 68803.
<br />WITNESSETH;
<br />WHEREAS, Trustor has promised to pay the full and prompt payment of the sums due under a certain
<br />guaranty made to Beneficiary in the original principal sum of THIRTY -NINE THOUSAND FIVE HUNDRED
<br />AND 00 /100 DOLLARS ($39,500.00) along with interest in the amount of FIVE HUNDRED AND 00 /100
<br />DOLLARS ($500. 0) for a total of FOURTY THOUSAND AND 00 /100 DOLLARS ($40,000.00) which
<br />indebtedness is eneed by a guaranty by Trustor dated of even date herewith (hereinafter called the
<br />"Guaranty"). Trustor's initials).
<br />NOW THEREFORE, for the purpose of securing payment of the Guaranty on behalf of Trustor,
<br />together with interest thereon, late charges, prepayment penalties, premiums, or fees, default fees, any future
<br />advances, and all extensions, modifications, substitutions and renewals thereof, payment of all other sums, fees
<br />or charges, together with interest thereon, advanced to protect the security of this Deed of Trust and the
<br />performance of the covenants and agreements of Trustor, whether or not set forth herein; and performance,
<br />discharge of and compliance with every term, covenant, obligation and agreement of Trustor contained herein or
<br />incorporated by reference or any other security instrument at any time given to secure the Guaranty by Trustor,
<br />all of which is hereinafter collectively called the "Indebtedness," Trustor irrevocably grants and transfers to
<br />Trustee, in trust, WITH POWER OF SALE, the property legally described on Exhibit "A" attached hereto,
<br />together with (i) all buildings, structures, additions, enlargements, modifications, repairs, replacements, and
<br />improvements now or hereafter located thereon, (ii) all equipment, machinery and fixtures (including, without
<br />limitation, all lighting, heating, ventilating, cooling, air conditioning, sprinkling and plumbing fixtures, water
<br />and power systems, engines, boilers ranges, ovens, dishwashers, mirrors and mantels, carpeting, furnaces, oil
<br />burners, elevators and motors, refrigeration plants or units, communication systems, dynamos, transformers,
<br />electrical equipment, storm and screen windows, doors, awnings and shades) now or hereafter attached to, or
<br />built in, any building or improvement now or hereafter located thereon, (iii) all easements and rights of way
<br />appurtenant thereof, (iv) all leasehold estate, right, title and interest of Trustor in and to all leases, whether now
<br />or hereafter existing or entered into (including, without limitation, all cash and security deposits, advance rentals
<br />and deposits or payments of a similar nature) pertaining thereto, (v) all rents issues, profits and income therefrom
<br />(subject to the right of Trustor to collect and apply such rents, issues, profits and income as the become due and
<br />payable so long as no event of default exists hereunder), (vi) all royalties, mineral, oil and gas rights and profits,
<br />water, water rights, and water stock, (vii) all tenements, hereditaments, privileges and appurtenances belonging,
<br />used or enjoyed in connection therewith, and (viii) all proceeds of conversion, voluntary or involuntary, of any
<br />of the foregoing into cash or liquidated claims (including, without limitation, proceeds of conversion, voluntary
<br />or involuntary, of any of the foregoing into cash or liquidated claims (including, without limitation, proceeds of
<br />insurance and condemnation awards), all of which is hereinafter collectively called the "Trust Property ".
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