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DEED OF TRUST THIS DEED OF TRUST is made this 1 ST day of September, 2005, by and among ” NORTHWEST CROSSINGS LIMITED LIABILITY COMPANY, a Nebraska limited liability company, herein referred to as "Trustor ", whose mailing address is 2502 A North Webb Road,; Grand Island, Nebraska 68803; BRUCE I. SMITH, Attorney -at -Law, hereinafter referred to as "Trustee ", whose mailing address is P. O. Box 790, Grand Island, Nebraska 68802; and GATEWAY PLAZA, L.L.C., a Nebraska limited liability company, hereinafter referred to as "Beneficiary ", whose mailing address is 2503 N. Hwy. 14, Marquette, Nebraska 68854. For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following - described property located in Hall County, Nebraska, to -wit: Lots One (1), Two (2), Three (3), Four (4), Five (5), Six (6), Seven (7) and Eight (8), Bels Subdivision in the City of Grand Island, Hall County, Nebraska, together with all improvements, fixtures and appurtenances located thereon or in any way pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including all such personal property that is attached to the improvements so as to constitute a fixture, all of which, including replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter referred to as the "Property ". FOR THE PURPOSE OF SECURING: (a) the payment of indebtedness evidenced by Trustor's note of even date herewith in the principal sum of ONE MILLION AND NO /100 DOLLARS ($1,000,000.00), together with interest at the rate provided therein, or the principal and interest on any future advance not to exceed the total principal sum initially secured hereby as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifica- tions and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereof; (b) the performance of each agreement and covenant of Trustor herein contained; and (c) the payment of any sum or sums of money which may be hereafter paid or advanced by Beneficiary under the terms of this Deed of Trust, together with interest thereon at the rate provided in the note. To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows: 1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan instruments. �..� ,..'w ,. r . C::. V ', „• ' cap 2 h-A cf) F_.. O DEED OF TRUST THIS DEED OF TRUST is made this 1 ST day of September, 2005, by and among ” NORTHWEST CROSSINGS LIMITED LIABILITY COMPANY, a Nebraska limited liability company, herein referred to as "Trustor ", whose mailing address is 2502 A North Webb Road,; Grand Island, Nebraska 68803; BRUCE I. SMITH, Attorney -at -Law, hereinafter referred to as "Trustee ", whose mailing address is P. O. Box 790, Grand Island, Nebraska 68802; and GATEWAY PLAZA, L.L.C., a Nebraska limited liability company, hereinafter referred to as "Beneficiary ", whose mailing address is 2503 N. Hwy. 14, Marquette, Nebraska 68854. For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Deed of Trust, the Trustor's interest in the following - described property located in Hall County, Nebraska, to -wit: Lots One (1), Two (2), Three (3), Four (4), Five (5), Six (6), Seven (7) and Eight (8), Bels Subdivision in the City of Grand Island, Hall County, Nebraska, together with all improvements, fixtures and appurtenances located thereon or in any way pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including all such personal property that is attached to the improvements so as to constitute a fixture, all of which, including replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter referred to as the "Property ". FOR THE PURPOSE OF SECURING: (a) the payment of indebtedness evidenced by Trustor's note of even date herewith in the principal sum of ONE MILLION AND NO /100 DOLLARS ($1,000,000.00), together with interest at the rate provided therein, or the principal and interest on any future advance not to exceed the total principal sum initially secured hereby as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifica- tions and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereof; (b) the performance of each agreement and covenant of Trustor herein contained; and (c) the payment of any sum or sums of money which may be hereafter paid or advanced by Beneficiary under the terms of this Deed of Trust, together with interest thereon at the rate provided in the note. To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows: 1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums as provided in the loan instruments.