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<br />AND EXCEPT that portion described as follows: A tract of land comprising a part of the Northeast
<br />Quarter of the Southeast Quarter (NEV4 SE%) of Section Thirty (30), Township Nine (9) North, Range
<br />Eleven (11) West of the 6th P.M., in Hall County, Nebraska, more particularly described as follows:
<br />Beginning at the Northeast Corner of said Northeast Quarter of the Southeast Quarter (NEY4 SEV4);
<br />thence running Southerly along the East line of said Northeast Quarter of the Southeast Quarter (NEV4
<br />SEV4) on an assumed bearing of South 00 °26'02" East, a distance of Seven Hundred Eighty -Five and
<br />Twenty -Two Hundredths (785.22) feet; thence running South 89 °33'58" West, a distance of Thirty -
<br />Three (33.00) feet to a point on a curve; thence running Northwesterly along the arc of a curve to the
<br />left, whose radius is One Thousand Three Hundred Ninety -Nine and Eighty Hundredths (1,399.80) feet,
<br />the long chord of which bears North 55 °00'50" West, a long chord distance of One Thousand Two
<br />Hundred Eighty -Three and Eighty -Three Hundredths (1283.83) feet; thence running North 00 °29'42"
<br />West, a distance of Forty (40.00) feet, to a point on the North line of said Northeast Quarter of the
<br />Southeast Quarter (NE% SE%4); thence running North 89 °30'18" East, along the North line of said
<br />Northeast Quarter of the Southeast Quarter (NE%4 SE a distance of One Thousand Seventy -Nine
<br />and Twenty -Seven Hundredths (1079.27) feet, to the point of beginning. (Now known as Lot One (1) of
<br />PRD Subdivision recorded July 14, 2005 as Instrument #200506464 records of Hall County, Nebraska.)
<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 of Note(s) or Credit Aoreement(st Principal Amount
<br />11/15/2013 $300,000.00
<br />Provided, however, that the total _principal indebtedness outstanding and secured hereby at any one .
<br />time will not exceed the sum of THREE HUNDRED THOUSAND, ($300.000.00), exclusive of interest
<br />and protective advances authorized herein or in the loan agreement(s); provided further, that THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL.
<br />ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL
<br />INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due December 1, 2018.
<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 />App #: 5233858; CIF #: 69001; Note #: 206 220KS Legal Doc. Date: November 15,`2013
<br />FORM 5011, Trust Deed and Assignment of Rents Page 2 of 5
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