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<br />A tract of land comprising a part of Government Lot Three (3), and a part of the Northwest Quarter
<br />(NW1 /4), all being in Section Twenty Three (23), Township Nine (9) North, Range Twelve (12) West of
<br />the 6th P.M., Hall County, Nebraska, and more particularly described as follows:
<br />Beginning at the northwest corner of said Northwest Quarter (NW1 /4), thence running easterly, along
<br />and upon the north line of said Northwest Quarter (NW1 /4) and along and upon the north line of said
<br />Government Lot Three (3), a distance of Two Thousand Six Hundred Thirty One and Ninety Nine
<br />Hundredths (2,631.99) feet to the northeast corner of said Government Lot Three (3); thence deflecting
<br />right 90° 39' 08" and running southerly, along and upon the east line of said Government Lot Three
<br />(3), a distance of Two Hundred Sixty Six and Forty Six Hundredths (266.46) feet; thence deflecting right
<br />54° 13' 56" and running southwesterly, a distance of Four Hundred Fifty and Seven Tenths (450.70)
<br />feet; thence deflecting right 05° 29' 11" and running southwesterly, a distance of Five Hundred Twenty
<br />Two and Seventeen Hundredths (522.17) feet; thence deflecting right 06° 31' 42" and running
<br />southwesterly, a distance of One Hundred Fifty Nine and Seven Hundredths (159.07) feet; thence
<br />deflecting right 21° 41' 13" and running westerly, a distance of One Hundred Forty Six and Nineteen
<br />Hundredths (146.19) feet; thence deflecting left 21° 44' 32" and running southwesterly, a distance of
<br />Two Hundred Ninety One and Sixty Eight Hundredths (291.68) feet; thence deflecting right 10° 55' 12"
<br />and running southwesterly, a distance of Four Hundred Ninety Two and Nineteen Hundredths (492.19)
<br />feet; thence deflecting left 14° 49' 46" and running southwesterly, a distance of Four Hundred Fifty Five
<br />and Six Hundredths (455.06) feet; thence deflecting right 21° 52' 14" and running westerly, a distance
<br />of Three Hundred Eighty Five and Seventy One Hundredths (385.71) feet to a point on the west line of
<br />said Northwest Quarter (NW1 /4); thence deflecting right 96° 16' 12" and running northerly, along and
<br />upon the west line of said Northwest Quarter (NW1 /4), a distance of One Thousand Three Hundred
<br />Eleven and Nine Hundredths (1,311.09) feet to the point of beginning EXCEPTING THEREFROM a
<br />tract occupied by county floodway right of way and permanent easement in favor of Hall County,
<br />Nebraska, legally described in the Grant of Right of Way and Permanent Easement filed of record as
<br />Document No. 95- 101530, on March 17, 1995 with the Hall County Register of Deeds
<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 Agreements) Principal Amount
<br />04/01/2014 $210,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br />time will not exceed the sum of TWO HUNDRED TEN THOUSAND, ($210,000.00), 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 />App #: 5241047; CIF #: 142046; Note #: 203 202EA Legal Doc. Date: April 1, 2014
<br />FORM 5011, Trust Deed and Assignment of Rents Page 2 of 5
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