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<br /> (Space Ahove This Line Far Recording Data)
<br /> COMMERCIAL REAL ESTATE DEED OF TRUST
<br /> FUTURE ADVANCES AND FUTURE OBLIGATIONS ARE SECURED BY THiS REAL ESTATE DEED
<br /> OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRJST ("Security Instrument") is made on June 23, 2010 by
<br />the grantor(s) Cairo Bowl & Lounge Inc., a Nebraska Corporation, whose address is 320-324 S High St, Cairo,
<br />Nebraska 68824 ("Grantor"). The trustee is Pathway Bank whose address is PO Box 428, Cairo, Nebraska 68824
<br />("Trustee"). The beneficiary is Pathway Bank whose address is 306 S High St, P O Box 428, Cairo, Nebraska
<br />68824 ("Lender"), which is organized and existing under the laws of the State of Nebraska. Grantor in
<br />consideration of loans extended by Lender up to a maximum principal amount of One Hundred Ten Thousand
<br />and 00/100 Dollars ($110,000.00) ("Maximum Principal Indebtedness"), and for other valuable consideration, the
<br />receipt of which is acknowledged, irrevocably grants, conveys and assigns to Trustee, in trust, with power of sale,
<br />the following described property located in the County of Hall, State of Nebraska:
<br />Address: 320-324 S High St, Cairo, Nebraska 68824
<br />Legal Description: Lots Nine (9), Ten (10), Eleven (11) and Twelve (12), Block Ten (10), Original Town of
<br />Cairo, Hall County, Nebraska, and a rectangular piece of land being more particularly describes as:
<br />Beginning at the Southeast corner of Lot Twelve (12), Block Ten (10), Orginal Town of Cairo, Hall County,
<br />Nebraska, thence running South Three Feet (3'), thence west parallel to the South line of said Lot Tweeve
<br />(12), a distance of One Hundred Forty Feet (140'); thence North Three Feet (3'), thence East along the
<br />South line of said Lot Twelve (12) One Hundred Forty Feet (140') to the point of beginning.
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether ar not appurtenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in
<br />connection with the above-described real property, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber which may now or later be located, situated, or
<br />affixed on and used in connection therewith (hereinafter called the "Property").
<br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions,
<br />guaranties, enviromnental agreements, subordination agreements, assignments of leases and rents and any other
<br />documents or agreements executed in connection with this Security Instrument whether now or hereafter existing.
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing from Grantor and Jason L Price and Scott A Bradley
<br />to Lender, howsoever created or arising, whether primary, secondary or contingent, together with any interest or
<br />charges provided in or arising out of such indebtedness, as well as the agreements and covenants of this Security
<br />Instrument and all Related Documents (hereinafter all referred to as the "Indebtedness"). Secured debt inelades,
<br />but is not limited to, the following: promissory Hate dated June 23, 2010, in the amount of $110,000.00 and
<br />any renewals, extensions or modifications.
<br />FUTURE ADVANCES. To the extent permitted. by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless of the fact that from time to time there
<br />may be no balance due under the note and regardless of whether Lender is obligated to make such future advances.
<br />CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />WARRANTIES. Grantor, far itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />® 2004-2009 Compliance Systems, Inc. FCEB-EDBI - 2009.12.339
<br />Commercial Real Estate Security (nstrumant - AIA007 ..~ Pa¢e 1 of 5
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