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<br />A tract of land comprising a part of the Northwest Quarter (NW'/4) of Section Twenty-three (23),
<br />Township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, more
<br />particularly described as follows: Beginning at a point on the south line of said Northwest Quarter
<br />(NW%4), said point being One Thousand Five Hundred Seven and Four Hundredths (1,507.04) feet east
<br />of the southwest corner of said Northwest Quarter (NW'/4); thence running northerly, parallel with the
<br />west line of said Northwest Quarter (NW'/4), a distance of One Thousand Five Hundred Forty-nine and
<br />Sixty-five Hundredths (1,549.65) feet; thence running easterly, parallel with the south line of said
<br />Northwest Quarter (NW%4), a distance of One Thousand Ninety-six and Five Tenths (1,096.5) feet to a
<br />point on the east line of said Northwest Quarter (NW'/<); thence running southerly, along and upon the
<br />east line of said Northwest Quarter (NW%4), a distance of One Thousand Five Hundred Forty-nine and
<br />Forty-two Hundredths (1,549.42) feet to the southeast comer of said Northwest Quarter (NW%4); thence
<br />running westerly along and upon the south line of said Northwest Quarter (NW'/4), a distance of One
<br />Thousand Seventy-five and Forty-four Hundredths (1,075.44) feet to the point of beginning,
<br />EXCEPTING a tract of land more particularly described in Warranty Deed recorded in the Register of
<br />Deeds Office as Document No. 95-102062.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed
<br />upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents,
<br />issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of
<br />whatever nature, including geothermal resources; all personal property that may integrally belong to or
<br />hereafter become an integral part of the real estate whether attached or detached, including any
<br />appurtenances and accoutrements of any structure or residence secured hereby; easements and other
<br />rights and interests now or at any time hereafter belonging to or in any way pertaining to the property,
<br />whether or not specifically described herein; all above and below ground irrigation equipment and
<br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the
<br />property, now or hereafter issued, extended or renewed by Trustor(s), any State, the United States, or
<br />any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in
<br />this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure
<br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are)
<br />liable thereon, and all future and additional loans or advances, protective or otherwise, which may be
<br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties
<br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon,
<br />all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) modifying
<br />the same.
<br />Date qf Note(s) or Credit A�areement(s) Princiqal Amount
<br />01 /03/2012 $90, 000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br />time will not exceed the sum of NINETY THOUSAND, ($90,000.00), exclusive of interest and protective
<br />advances authorized herein or in the loan agreement(s); provided further, that THIS PARAGRAPH
<br />SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN
<br />ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS
<br />ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due Januarv 1, 2022.
<br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that
<br />Trustor(s) has good and lawful authority to deed and encumber the same, that the property is free and
<br />clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) will warrant
<br />and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also
<br />hereby waives and relinquishes all rights of dower, homestead, distributive share, and exemption in and
<br />to the above described property.
<br />Trustor(s) and each of them further covenants and agrees with, or certifies to, Beneficiary as
<br />follows:
<br />1. To pay all liens, judgments, or other assessments against the property, and to pay when due all
<br />assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or
<br />privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or on public
<br />domain.
<br />2. To insure and keep insured buildings and other improvements including fixtures and attachments
<br />now on or hereafter placed on the property to the satisfaction of Beneficiary, will on demand furnish
<br />said policies or furnish proof of insurance to Beneficiary. Any sums so received by Beneficiary may be
<br />App #: 5111935; CIF #: 1084; Note #: 204 220KS Legal Doc. Date: January 3, 2012
<br />FORM 5011, Trust Deed and Assignment of Rents Page 2
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