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<br />  		]								DEED OF TRE1ST								�r
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<br />      	-=''    			TxIS DEED OF TRDST is made as of the �� daY of Septeml�er,  1998, by  		�f,�
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<br />       �  �   			aad  aiaoag  John  P.  Be11amY  aad  Bonnie  S.  Bellaa�y,  husband  and  wife      �?	,���:j�``.'°�
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<br />    `�'�; •`* ..,..,'�r;.   		(•,T=uator°}, whose mailin9 address fs 3122 W. 18th Street,  Gxan    	.  		y,ti t,��_
<br />  :'��:��"�:-�:� �::' `��,-,   		Hebraska 68803, aad Galen E.  stehlik� attorney at law f�Truistee"), whose 		'��•_'��t�.
<br />  ` �"� ' �`" 			address  fs  23i S.  Locust street,  Grand Island.  Nebraska  68801,  and Ag  	�� ;,�- „
<br />   .,�_;._. :.:. ••.,,•r„t
<br />    _ _._._. 			Capital ComP�Y. 													�'`.;�`^��
<br />      	:_�.�   					a Delaware Corporation� �"Beneficiary�). whose addreas is 		����,__��
<br />       	�"#�   		15200-.Radissen To�+rer.  ZO3 5th.Sixeet,  Fargo, Horth Dako�a 58102.      			<Y�•-�
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<br />    ,  . ,. �>;•':`:      																		�,.•:...
<br />   .  	;:�-;    			FpA V,AI,OABLE CONSIDERATJCON,  Tzustor isrevacably transfers,  tonveys     		:
<br />		°•t   		and assigns to Trustee, IN TRDST, :t,1ITH POWER QF SALE,  for the bene��t: and. 		�'•,T,,,;
<br />     				security of Beneficfazy, under and subject to the tertas anc� conditiou� of     		,_
<br />  . .: ..,:. .._.:.�,j�;;   		this Deed of Tzust,  and a certai:ri "�19 CaRital Campany Construction Loaa      		;
<br />      - --  :�'�`'   		Aa�re�entp dated 3eLntember ...((�.  1998.  tise,�real property Ioeratied in� the 		:°  °,.
<br />     				Ci.ty of.Grand�Island, County of Ha21, St�t�,of�Nebraska� aad qescribed as       	������;:
<br /> �f   ;.'°	;      �     	follows  (the "8roperty"):       	. 	';     	:  .     ..•'.:'��'�' 				���    �-
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<br />  �   �;,	� 											,    	Cit   �f'Graad
<br />  '  �s;      �;�    �	•       	I,ot Five  (5), Westqate Fiftte Subdivisioa   in; ��`'    3F					�,��y�°_
<br />  ' �� ,   �   �1�t  			Islaad. 8a11 County, Kebsaska, 			'  .	_`. 				:   r
<br />       �     .  Y�,p!  .      																. 	[  < '� ,.
<br />    ��  :	.�;c.t��  �  		�  TOGETHER AZTH all  rents�� ease�ae����r ��PP�'tenances,  hereditaicents,       	; f��,;,.
<br />  ,     	�':tt ' 	,•'r,,�;, interests   fa  adjoining  roads,   �'�ree��'v�s�d  alleys,  improtreineats   and.		,   `
<br /> 		��`		':� buildings of any kind situated ti��a����,all personal proparty;tl�at m,ay�      	,,�vr
<br />   �    . 	�-     •.•i  �`  �:     								c�ch buildings a�nd,•'improvem.�ents.      ` ,c�r  ��fT
<br />      	.,,';�. ,�., .,.   	� be or,hereafter become an iategra����+�':�,.  					,      ,
<br />	'      '    �� `$�`''      �     all'c�s� raised thereonr, and �a����+!��'����• 	,   					`.�}`�
<br />   	;     a   ..:.�: 	.   					•�   	�      �}  .:� ::•:    	. 	��,-				�,�1
<br /> 		l      �5:�'   		`:�t � 					i �• �}_:'5�:. .•� .   			.       				_
<br />		;:�';;�i':�       		"•�� 		and �C.he  ent�` �s�ati+�•��'m:id• ���:��est  +Gaaiueyed  ta.�ths  �    	;;�r
<br />      					�Ttie  Progesty									.  -
<br />    ���r' 	s`:�  	�       Txustcee are re,�etzed•to co�lecti�'�Y as the "Tr1�� f6rtate".    				;��    -
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<br /> 		_,      	•�   																�_ �   �
<br />      �      ��    			'�HIS DEED OE �'RDS'�''IS FUR THE PIIRPOSE OF SECU'��lIJG:	.      				.
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<br />     	_ �,..1J '   						_':'i-   									,    		...
<br />		�'!�   			A,      Pay�ent  of  indebtedaess  ia a  total  principal  aatount  not  to .    		;
<br />_     .	„�:��    �  	=��  exceed  Two  Busidsed  Twenty-Eiv�:`;:Thousand  Dol2ars   (S225,000.00a,. Hi'th    ,-, ,,	..r�°
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<br />       	��`�   		interest thereon, as evideace�.:I�,���'tt�iat cestain promissory note of evan. d�te		�,,,,�
<br />       				'(the  "Note")  with  a  maCur3��"`-,t.��  of  December  31,  1998,  execst�ed by,
<br />      	'   ���   		Txu���y.  which  has  b�ea  de ��w�i:ed  and   is  payable  to  the �order  of 	���.
<br />    	'   �  		. . Bes��ac�;,ary, an¢ wl�feh i�°�?.�s teference iS,hereby made a pa� hereof,  and  	:
<br />  < i :	+,      	���     any a��tt all m�.�i.fication�, exte�ions, and senewal�s �theree-�� 'and     		�, .   �   -
<br />   _y�`	: �'  	�    			.�. . .'�     	, 	�   .   	.      	�.-;	�'}�.r'�	'    			-.
<br />       					g.      payiaent  of all  sums  advanced by Benr���f�3ary �to �proteati  the       	�'  _
<br />		-t�-  																�     		-
<br />       	•�� ''  	� 	Tsust Estate,  with intesest theseon at the rate st�:'forth:tn the Note.
<br />  		1. 												.			.			BI��.::
<br />     ,  	�       	,::.,.    	This Deed of Trust, the Note, the Construction Loan Agr�emeAt and ari1-•		:;�;�
<br />		�   		;'  othez  instrument  gfven  to  evi�nce  or  further  secure  tRe  payrs�op�;;.�and''  .��.   	't.,��--
<br />     . .�  .  •    ,     	.i!I''�:•�,  perfo=mance of any obligatfon �taari,�ed hereby ase iefersed to co].l�ab��gl�t��.;?"   	��`-'%��
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<br /> , • �      ,  .� 		�,�•':   as the "Loa� Instrwaent�°.						.   	�
<br />    ,.  	,��.   	.  , 						. 							,      			,•'
<br />		'�'"    			TO PROTECT THE SECIIRITY OF THIS DEEA OF TRVST: 			.  		�.
<br />    j  	,,y.,.,,   																-   		,,{
<br />  �s���' '      �   '    	. �      	1       g��t��  oF  iNDEB���k�ss.     Tsustor  sY��1  Pay  when  du� �"�!�		,   ,
<br /> .�ty�'}�;.       :;i,': 	.    .       	� 	i!'�'�      		' 										.
<br />      	.,.r;.r� 	. •::'�.,'`  psineipal of.��.�d�,the intexest��,,� the indabtednes� �videnced by the•�1��t{e,, 		•.,";
<br />      	� �.,',     	` ��:   chazges,  gees ��ff�i� aZ�l :o�.�ter si�1,s� as provided in t.�s� .I,oan Instnunent�!:;     		� �
<br />		����4t'>.:�•_      '  .     			,     	.      ; .    									•      "  ...
<br />		� _  	�   ,,    	� 2,     �,:    �t�����. s3ia311 pay each installment  of all taxes  and		'   ..
<br />  	�   �;   ,     		special  asses�aents of  every: V�.r�d,  now or heseaftes levied  aqainot the
<br /> 	�      �   	"  ��' �      Trust Estate `os any part thexat�s��  before deifnqttie�oy.  wi.thout natice or		... ;7:
<br />    	�   			demand, and shaii provide geneff�iary wfth evider.r.� o� the payment of same.   		..
<br />	� �   �  � �    		Trustos  shall  gay ali  taxes and  assessmenta erY�ich may  be  levied  upoa
<br />     '  �      			Beneficiary's  interest  herein  oz  upon�this  D3�d  of Trust  or  the  debt   		.
<br />   	'     �      		secused herebq,  wfthout regard to any law tha$� �a.y be  enacted fmpoaing
<br />     .. .	.     		payment of the whole or any part thereof upon tttiQ �Beneficiary.
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