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Return To: Denise D. Myers
<br />611 N. Diers Ave., Ste 1
<br />Grand Island, NE 68803
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<br />TRUST DEED
<br />THIS DEED OF TRUST is made onC i�r q , 2013. The Trustor is Tourney Brothers
<br />Metal Fabrication, L.L.C., a Nebraska Limited Liability Company, (hereinafter, "Borrower "). The
<br />Trustee is Denise D. Myers, of Myers & Daugherty, 611 N. Diers Ave., Ste. 1, Grand Island,
<br />Nebraska 68803, ( "Trustee "). The beneficiary is Rathman Farms, Inc., a Nebraska Corporation,
<br />of 8410 S. 150 Road, Wood River, NE 68883, (hereinafter, "Lender "). Borrower owes Lender the
<br />principal sum of Sixty Thousand Five Hundred Fifty Four and 42/100 Dollars ($60,554.42). This
<br />debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "),
<br />which provides for monthly payments of One Thousand and 00/100 Dollars, in principal and
<br />accrued interest for a period of three years, with a balloon payment of all outstanding principal and
<br />accrued interest due at the end of the three year period. The Deed of Trust (sometimes referred
<br />to herein as "security instrument ") secures to Lender: (a) the repayment of the debt evidenced by
<br />the Note, and all renewals, extensions and modifications; (b) the payment of all other sums
<br />advanced under paragraph 4 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described property located
<br />in Hall County, Nebraska:
<br />Lots Seven (7), Eight (8), Nine (9), Ten (10), Eleven (11), Twelve (12), Thirteen (13)
<br />and Fourteen (14), Block Four (4), MacColl and Leflangs' Addition to Wood River,
<br />Hall County, Nebraska.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all
<br />easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water
<br />rights and stock and all fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this
<br />Security Instrument as the "Property ".
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed
<br />and have the right to grant and convey the Property and that the Property is unencumbered.
<br />Borrowers warrant and will defend generally the title to the Property against all claims and
<br />demands, subject to any encumbrances of record.
<br />COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal; Prepayment and Late Charges. Borrower shall promptly pay when
<br />due the principal on the debt evidenced by the Note and any prepayment and late charges due
<br />under the Note. Prepayment of principal or any part thereof, shall be allowed without the prior
<br />written consent of Lender.
<br />2. Charges; Liens. Borrower shall pay all real estate taxes and assessments attributable
<br />to the Property which may attain priority over this Security Instrument, and leasehold payments or
<br />ground rents, if any.
<br />Borrower shall promptly discharge any lien which has priority over this Security
<br />Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the
<br />lien in a manner acceptable to Lenders; (b) contests in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
<br />enforcement of the lien or forfeiture of any part of the Property; or (c) secure from the holder of the
<br />lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If
<br />Lender determines that any part of the Property is subject to a lien which may attain priority over
<br />this Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall
<br />satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of
<br />notice.
<br />3. Hazard Insurance. If required by Lender, Borrower shall keep any improvements now
<br />existing or hereafter erected on the Property insured against loss by fire, wind, or other natural
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