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~~ ~ ~ ~~ ~_~ C rn ~~ ~ ~ ~ ~ ~ r~U~ o ~ ~ A rv m ~~ ~rn~y.. y~~ ~ ~~ o ~ ~ o ~~ rv ca ~ ~"'' z PREPARED BY AND AFTER ~' ~ ~ ~ ~ ~. c RECORDING RETURN TO: ca ~ cr, n c7a Donald L. Dunn c"''' ~ ~ Z -.a cro ~° O Rembolt Ludtke, LLP 3280 Woodridge Blvd., Suite 160 Grand Island, NE 68801 DEED OF TRUST THIS DEED OF TRUST is made effective as of March 26, 2010, by and among Country Club Holding Association, a Nebraska corporation (the "Trustor"), whose address is 2820 Riverside Drive, P.O. Box 247, Grand Island, NE 68$02; Pinnacle Bank, a Nebraska banking corporation as "Trustee" and "Beneficiary" whose address is 702 B Ave., F.O. Bax 275, Central City, NE 68826. FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the real property legally described as follows (the "Property"): See Exhibit A attached and incorporated herein by reference TOGETHER WITH, all rents, easements, appurtenances, hereditaments, interests in adjoining roads, streets and alleys, improvements and buildings of any kind situated thereon, and all personal property that may be or hereafter become an integral part of such buildings and improvements, all crops raised thereon, and all water and mineral rights. The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the "Trust Estate." FOR THE PURPOSE OF SECURING: (a) Payment of all principal and interest indebtedness to the Beneficiary as follows: (i) Promissory Note executed by the Trustor, dated contemporaneously herewith, payable to Beneficiary, in the original principal amount of $2,SSO,p00.00, and any and all modifications, extensions and renewals thereof executed by Trustor. ~ p 5° (ii) Any future advances to the Trustor from the Beneficiary, which are evidenced by a Promissory Note or advanced under and pursuant to that