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<br />DEED OF TRUST,
<br />SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS,
<br />FINANCING STATEMENT AND FIXTURE FILING
<br />THIS DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF LEASES
<br />AND RENTS, FINANCING STATEMENT AND FIXTURE FILING (as it may be
<br />amended, supplemented, extended or renewed from time to time, the "Deed of Trust") is made
<br />as of June 1, 2010 by GI Family Radio Enterprises, LLC, a Nebraska limited liability
<br />company ("Trustor"), whose mailing address is 3205 W. North Front St., Grand Island,
<br />Nebraska 68803, Attention: Joseph Jay Vavricek, Danielle J. Amorena, a member of the
<br />Nebraska bar ("Trustee"), as trustee, whose mailing address is Kutak Rock LLP, 1650 Farnam
<br />Street, Omaha, Nebraska 68102, and AXIS Capital, Inc., a Nebraska corporation ("Lender"), as
<br />beneficiary, whose mailing address is 308 North Locust Street, Grand Island, Nebraska 68801,
<br />Attention: Gordon Glade.
<br />FOR VALUABLE CONSIDERATION, Trustor mortgages, grants, conveys, assigns,
<br />and transfers to Trustee, IN TRUST, WITH POWER OF SALE AND RIGHT OF ENTRY, for
<br />the benefit and security of Lender, the real property described on Exhibit A (the "Land"),
<br />together with all rights and privileges appurtenant thereto and together with the following
<br />described property and property rights now owned or hereafter acquired by Trustor or hereafter
<br />used or useful in connection with the use or operation of the Land (all such property and property
<br />rights as described in subsections (a) through (e) below, together with the Land, being
<br />collectively referred to as the "Trust Estate," with references in this Deed of Trust to the Trust
<br />Estate to mean and include all or any portion of or interest in any of the Trust Estate):
<br />(a) Any and all buildings and other improvements now or hereafter located or
<br />erected on the Land, including any and all items of property now or hereafter attached or
<br />affixed to such buildings or other improvements (or any portion thereof), all of which are
<br />agreed to constitute fixtures and to be an integral part of the real property. A11 of the
<br />property described in this subsection (a) is intended and agreed to be an integral part of
<br />the real property and is collectively described as the "Improvements." The Land and the
<br />Improvements are referred to in this Deed of Trust as the "Premises."
<br />4842-8419-5330.1
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