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<br />State of Nebraska Space Above This Line For Recording pate ~~Jf 0
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />^ Construction Security Agreement ^ Master form recorded by
<br />7. DATE AND PARTIES. The date of this Deed of Trust is D8.24.2009 and the parties and
<br />their addresses are as follows:
<br />TRUSTQR: OONIPHAN GOLF ANU DEVELOPMENT, LLC, A LIMITED LIABILITY COMPANY
<br />102 S 2ND.
<br />DONIPHAN,NE 68832
<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 />E3ENEFICIARY: BANK OF pONIPHAN
<br />ORGANIZED ANp EXISTING UNUER THE LAWS OF THE STATE QF NEBRASKA
<br />P 0 BOX 270
<br />DONIPHAN, NE 68832.0270
<br />2. CQNVEYANCE. Far 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 Eieneficiary, with power of sale, the fol!awing described prrperty:
<br />THE WEST HALF OF THE SOUTHEAST GUARTER (W1125E1~4) OF SECTION ONE (1-, TOWNSHIP NINE (9) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br />COUNTY, NEBRASKA EXCEPT A CERTAIN TRACT MORE PARTICULARLY DESCRIBED ON PLAT AS LOT 1, HILLCREST SUBDIVISION, HALL COUNTY, NEBRASKA
<br />RECORDED IN THE REGISTER OF OEEOS OFFICE AS DOCUMENT NO.97.104777 ANO EXCEPT A CERTAIN TRACT MORE PARTICULARLY DESCRIBED ON PLAT A5
<br />LOT 1, HILLCREST SECOND SUBDIVISION, HALL COUNTY, NEBRASKA RECORDED IN THE REGISTER OF DEE05 OFFICE AS DOCUMENT N0.200603916.
<br />The property is located in HALL at
<br />IGounty)
<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 atl 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 0/ 8J
<br />(NOT FOR FNMA, FHLMG, FWA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~~M ®1893, 2001 Bankors Systems, Inc., St. Cloud, MN Porm AGCO-REST-NE 1/17/2003
<br />
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