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20]202872
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged.
<br />and to secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee.,
<br />in trust for the benefit of the Beneficiary, with power of sale, the following described property'
<br />SEE EXHIBIT A
<br />The property is IocRted in HALL el 3d 71 WESTSTATc STRcET PI &7L A W-
<br />;cvumr )
<br />7an3.3Rn5 WEST m n PaTASH HIGH1'fAY _ ,GRAND ISLAND , Nebraska 66a03
<br />(+1ddrESS) ICiry) IZiF Cade:
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops,
<br />timber, all diversion payments or third party payments made to crop producers, and all existing and future
<br />improvements, structures, fixtures. and replacements that may now, or at any time in the future, be part of
<br />the real estata described above (all referred to as "Property"), The term Property also includes: but is not
<br />limited to, any and all water wells, water, ditches, reservoirs, reservoir sites and dams located on the real
<br />estate and all riparian and water rights associated with the Property, however established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt {hereafter defined) secured
<br />by this Deed of Trust at any one time shall not exceed $ ODD.DO . This
<br />limitation of amount does not include interest, loan charges, commitment fees, brokerage commissions,
<br />Attorneys' fees and other charges validly made pursuant to this Deed of Trust and does not apply to
<br />advances (or interest accrued on such advances) made under the terms of this Deed of Trust to protect
<br />Beneficiary security and to perform any of the covenants contained in this Dead of Trust. Future advances
<br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all
<br />or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such commitment would need to be agreed
<br />to in a separate writing.
<br />4. SECURED DEBT DEFINED. The team "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory noteW. contract(s), guarantyiies) or other evidence of debt described below and all
<br />extensions, renewals. modifications or substitutions (Evidence of Debt). (When referencing the debts
<br />below it is suggested 00t you include items such as borrowers' names, none amounts, inreresr races,
<br />rnaturiry dares, etc.)
<br />A PROMISSORY NOTE TO MEHRING, INC. DATED APRIL 12, 20121N THE AMOUNT OF 5297. 488.50.
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary
<br />under any promissory note, contract, guaranty, or other evidence of debt existing now or executed
<br />after this Deed of Trust whether or not this Deed of Trust is specifically referred to in the evidence of
<br />debt.
<br />C. All obligations Trustor owes to Beneficiary, which now exist or may later arise, to the extent not
<br />prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit
<br />account agreement between Trustor and Beneficiary,
<br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or
<br />otherwise protecting the Property and its value and any other sums advanced and expanses incurred
<br />by Beneficiary under the terms of this Peed of Trust, plus interest at The highest rate In effect. from
<br />time to time, as provided in the Evidence c'f Debt.
<br />E. Trustor's performance under the terms of any instrument evidencing a debt by Trustor to Beneficiary
<br />and any Deed of Trust securing, guarantying, or otherwise relating to the debt.
<br />Secv %rcy i�av „moot- ComnoroiaV••.p.kvrmel -NE AGCOAESME 7/1/2017
<br />VMPI ft kvs 5'!Stems 'A VMP•C595(NE) 11107).00
<br />N..- olffirs Kiu.e,. in,r6 I Servip s ®1953, 2011 PEpe 2 0110
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