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<br />DEED OF TRUST
<br />~ S • ~v
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is September 15, 2009. The
<br />parties and their addresses are:
<br />TRUSTOR IGrantorl:
<br />NEBRASKA INVESTMENT ASSOCIATION, LLC
<br />A Nebraska Limited Liability Company
<br />209 SOUTH 19TH STREET, SUITE 100
<br />OMAHA, NE 68102
<br />TRUSTEE:
<br />PINNACLE BANK
<br />a Nebraska Corporation
<br />PO BOX 540001
<br />OMAHA, NE 68154
<br />BENEFICIARY (Lender-:
<br />PINNACLE BANK
<br />Organized and existing under the laws of Nebraska
<br />P O BOX 540001
<br />OMAHA, NE 68154
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the fallowing
<br />described property:
<br />LOT 2, MEADOWLARK WEST SEVENTH SUBDIVISION, GRAND ISLAND, MALL COUNTY, NEBRASKA.
<br />The property is located in HALL County at 1040 ALLEN STREET, GRAND ISLAND, Nebraska 68803.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock, craps, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may paw, ar at any time in the future, be part of the real estate described (all referred to as Property. This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />terminated in writing by Lender,
<br />Z. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br />time will not exceed 5300,000.00. This limitation of amount does not include interest and other flees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation doss not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants captained in this Security Instrument,
<br />3. SECURED DEBTS. The term "Secured Debts'" includes and this Security Instrument will secure each of the
<br />following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 6816132068, dated September 15, 2009, from
<br />Grantor to Lender, with a loan amount of 5300,000.00.
<br />B. All Debts. All present and future debts from Grantnr to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br />with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a
<br />commitment to make additional or future loans or advances. Any such commitment must be in writing. In
<br />the event that Lender fails to provide any required notice of the right of rescission, Lender waives any
<br />subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument.
<br />This Security Instrument will not secure any debt for which anon-possessory, non-purchase money security
<br />NEBRASKA INVESTMENT A850CIATION, LLC
<br />*~ A r ka Deed Of Trust Initials
<br />ANNA ~ j ccrode001188000066320 91709Y otter Kluwer Financial Services ®1998, 2009 Bankers SystemsTN Page 1
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