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Date of Instrument
<br />10 -13 -09
<br />11- 20 -13.
<br />4 -09
<br />11-20-13
<br />11 -20 -13
<br />Principal Amount
<br />$ 156,000.00
<br />$ 149,136.21
<br />$ 11,500.00
<br />$ 5,157.76
<br />$ 2,500.00
<br />Initial Date ) 1"43
<br />201309336
<br />This instrument secures the following promissory notes, assumption agreements, and/or shared appreciation
<br />agreements (collectively called "note "), which have been executed or assumed by the Borrower unless otherwise
<br />noted, are payable to the Government, and authorize acceleration of the entire debt upon any default:
<br />Annual Rate of Interest
<br />4.125
<br />3.625
<br />2.25
<br />1.5
<br />1.5
<br />Due Date of Final Installment
<br />10 -13 -09
<br />11 -20 -08
<br />4 -27 -16
<br />11 -20 -23
<br />11 -20 -20
<br />(The interest rate for any limited resource farm ownership or limited resource operating loans secured by this
<br />instrument may be increased as provided in Government regulations and the note.)
<br />By execution of this instrument, Borrower acknowledges receipt of all of the proceeds of the loan or loans evidenced
<br />by the above note:
<br />This instrument secures to the Government: (1) payment of the note and all extensions, renewals, and modifications
<br />thereof; (2) recapture of any amount due under any Shared Appreciation Agreement entered into pursuant to
<br />7 U.S.C. § 2001; (3) payment of all advances and expenditures, with interest, made by the Government; and
<br />(4) the obligations and covenants of Borrower set forth in this instrument, the note, and any other loan agreements.
<br />In consideration of any loan made by the Government under the Consolidated Farm and Rural Development Act,
<br />7 U.S.C. § 1921 et.,ie.q. as evidenced by the note, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property situated in the State of Nebraska, County or Counties of:
<br />THE EAST HALF OF THE SOUTHEAST QUARTER (E1 /2SE1 /4) OF SECTION FOURTEEN (14), TOWNSHIP
<br />TWELVE (12) NORTH, RANGE TEN (10), WEST OF THE 6T P.M., HALL COUNTY, NEBRASKA,
<br />EXCEPTING A TRACT OF LAND MORE PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED
<br />AS DOCUMENT NO. 95-102060 AND EXCEPTING A TRACT OF LAND MORE PARTICULARLY DESCRIBED
<br />IN PLAT OF BIRTWELL SECOND SUBDIVISION RECORDED AS DOCUMENT NO. 99-110974.
<br />together with all rights (including the rights to mining products, gravel, oil, gas, coal or other minerals), interests,
<br />easements, fixtures, hereditaments, appurtenances, and improvements now or later attached thereto, the rents, issues
<br />and profits thereof; revenues and income therefrom, all water, water rights, and water stock pertaining thereto, and
<br />all payments at any time owing to Borrower by virtue of: any . sale, lease, transfer, or condemnation of any part
<br />thereof or interest therein (collectively called "the property"). This instrument constitutes a security agreement and
<br />financing statement under the Uniform Commercial Code and creates a security interest in all items which may be
<br />deemed to be personal property, including but not limited to proceeds and accessions, that are now or hereafter
<br />included in, affixed, or attached to "the property."
<br />Borrower COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the property and that the property is unencumbered, except for encumbrances of record. Borrower
<br />warrants specifically and will defend the title to the property against all claims and demands, subject to any
<br />encumbrances of record.
<br />FSA - 2029 NE (11- 06 -12) Page 2
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