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<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on March 1, 2011 by
<br />the grantor(s) Michael D Schneider, whose address is 3040 American River Lane, Las Vegas, Nevada 89135 ,
<br />and Laurie A Schneider, Husband & Wife, whose address is 3040 American River Lane, Las Vegas, Nevada
<br />89135 ("Grantor"). The trustee is Union Bank & Trust Company whose address is 4732 Calvert St, Lincoln,
<br />Nebraska 68506 ("Trustee"). The beneficiary is Union Bank & Trust Company whose address is 3643 South
<br />48th Street, PO Box 82535, Lincoln, Nebraska b8501-2535 ("Lender"), which is organized and existing under the
<br />laws of the State of Nebraska. Grantor in consideration of loans extended by Lender up to a maximum principal
<br />amount of Two Million Four Hundred Thousand and 00/100 Dollars ($2,400,000.00) ("Maximum Principal
<br />Indebtedness"), and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants,
<br />conveys and assigns to Trustee, in trust, with power of sale, the following described property located in the
<br />County of Hall, State of Nebraska:
<br />Legal Description: See attached "Exhibit A" which has been made a permanent part of this document.
<br />Property Size: 1808 acres.
<br />Together with a1L ezsements, ap abuttin� streets and alleys, impmvements, 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 or 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 ar 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 ageements, construction loan agreements, resotutions,
<br />guaranties, environmental 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 Insmzment 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 to Lender, howsoever created or arising,
<br />whether primary, secondary or contingent, together with any interest or charges provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents
<br />(hereinafter all referred to as the "Indebtedness"). INCREASED MAXIMUM PRINCIPAL
<br />INDEBTEDNESS: Grantor hereby aclatowledges that the principal amount shown above will
<br />automatically be inereased by any future advances or o±her Indeb�edness o� the Gra�tox to the-Lender.
<br />Notwithstanding the foregoing, the pa agree that the total amount which is secured by this Security
<br />Instrument shall not exceed$4,800,000.0 (Initials)
<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 />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in accordance with the terms contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />Property. Grantor covenants that the Property is unencumbered and free of all liens, except for encumbrances
<br />of record acceptable to Lender. Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule of
<br />exceptions to coverage in any abstract of title or title insurance policy insuring Lender's interest in the
<br />Property.
<br />Condition of Property. Grantor promises at all times to preserve and to maintain the Property and every
<br />part thereof in good repair, working order, and condition and will from time to time, make all needful and
<br />proper repairs so that the value of the Property shall not in any way be impaired.
<br />Removal of any Part of the Property. Grantar promises not to remove any part of the Property from its
<br />present location, except far replacement, maintenance and relocation in the ordinary course of business.
<br />O 2004-2010 Compliance Systems, Inc. F947-D549 - 2010.05.365 � '- � � � . . . . . . � � �
<br />Commercial Real Estate Security Instrument - DIA007 Page 2 of 6 �- ... � . , www.compliencesystems.com
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