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<br />201104152
<br />(A) the Loan Agreement by and among Sempeck and Lender of even date herewith ("Loan
<br />A�reement"), (B) the Notes, (C) the performance of the Loan Agreement, and, (D) for so long as for
<br />so long as any Indebtedness under the Notes and the Loan Ageement remain outstanding, the
<br />performance under any other Loan Document by any party thereto other than Lender, and (ii) for so
<br />long as for so long as any Indebtedness under the Note and the Loan Ageement remain outstanding
<br />all of the indebtedness, obligations and liabilities of Kegler Bowl, LLC Company, a Nebraska limited
<br />liability company ("Kegler") and each Company Member (as defined in the Operating Agreement of
<br />Kegler, as amended by the First Amendment to the Operating Agreement thereto (" ratin
<br />A eement") whether individually or collectively, to Lender, whether direct or indirect, joint or
<br />several, absolute or contingent, due or to become due, now existing or hereafter arising under or in
<br />respect to the perFormance under any Loan Document. The term "Loan Document" or "Loan
<br />Documents" shall mean individually, each of, and collectively, all of, the (i) the Loan Agreement, (ii) the
<br />Operating Agreement, (iii) this Deed of Trust, (iv) any other documents, instruments, agreements and
<br />reports identified as a Loan Document in the Loan Agreement or any other such Loan Document, (v) any
<br />other documents, instruments, agreements and reports required by this Deed of Trust, the Loan
<br />Agreement or any Loan Documents, and (vi) any other agreement that Lender shall reasonably request in
<br />furtherance of the Loan (as defined in the Loan Agreement) or any Loan Document.
<br />Lender. The word "Lender" means Theodore G. Baer, his successors and assigns.
<br />Note or Notes. The word "Note" means, individually, and "Notes" means, collectively (1) the
<br />promissory note dated May 13, 2011, in the original principal amount of $350,000 from Sempeck
<br />and Overfield, jointly and severally, to Lender, and (2) the promissory note dated May 13, 2011, in
<br />the original principal amount of $589,500 from Sempeck and Overfield, jointly and severally, to
<br />Lender, together with an renewals of, e�ctensions of, modifications of, refinancings of consolidations
<br />of, and substitutions for the promissory notes or agreement.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles
<br />of personal property now or hereafter owned by Trustor, and now or hereafter attached or affixed to
<br />the Real Property; together with all accessions. parts, and additions to, all replacements of, and all
<br />substitutions for, any of such property; and together with all proceeds (including without limitation all
<br />insurance proceeds and refunds of premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further
<br />described in this Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all of the Loan Documents and any
<br />other promissory notes, credit agreements, loan agreements. environmental agreements, guaranties,
<br />security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other
<br />instruments, agreements and documents, whether now or hereafter existing, executed in connection
<br />with the Indebtedness.
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties,
<br />profits, and other benefits derived from the Property.
<br />Trustee. The word "Trustee" means Thomas J. Malicki, a member of the Nebraska Bar Association,
<br />whose mailing address is 8712 West Dodge Road, Suite 300, Omaha, Nebraska, 68114 and any
<br />substitute or successor trustees.
<br />JLR/394902.5
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