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rn <br /> m IV �� � <br /> rnm � �� rn <br /> � <br /> o �� � � zrn � rn <br /> � �o rn , � �� � o <br /> o �z � C �� � � <br /> � Cn <br /> � Z� � Z �Z p — <br /> � G�� � � _� W � <br /> . �� rn �� � � <br /> rn� rn � r� � � <br /> �� � � C <br /> �� � � � <br /> �o � .�.� Z <br /> . <br /> o� � � � <br /> � Z <br /> � � <br /> ,. . ,. z , ., . <br /> , . . _ . .. , . �; . ... <br /> � E�E�UTI�N ��PY <br /> Return To: Horizon Bank, 14$41 North 14�nd Stree�,Post Uffice Bo�447,Wa�er�y,Nebraska�846� <br /> ��NSTRU�TI�N SE�URITY A�REEMENT <br /> �TRiTST DEED ANl] FI�TURE FILIN� <br /> TH�S TRUST DEED, made May .��-Z�14, by and am�ng Shad� Bend V�11as, .LL�, wh�se mai�ing <br /> address is 1834 VL�. 7th Stree�, Grand Is�and, Nebraska d$8�3-46�� �herein "Trustor"}; and Horizon Bank, v�hose <br /> mailing address is ��$41 North 142nd S�reet, Pos� �ffice Bax 447, Wa�erI.y, Nebraska 58462 �herein "Trustee"}; <br /> and Hor.izon Bank, v�hose mailing address is 1�841. Nor�h I42nd Street, Past �ffice B�x 447, �averly, Nebraska <br /> d84d��herein "Beneficiary"}. <br /> F�R VALUABLE ��NSIDERAT��N, Trus�or irre�ocably grants, transfers, con�eys, and assigns �o <br /> Trustee, IN TRUST,WITH P�WER�F SALE for the benefit and security of Benefciary,under and sub�ecti to the <br /> terms and condit�Qns af this Trust Deed,the f.ol�owing described real property,located in Ha�l County,Nebraska: <br /> See attached�egal description. <br /> . T�GETHER WITH all of. the fo�lowing, whether now owned or hereafter acquired: rents, prof�ts, <br /> roya�ties,income,and other benefits d�rz�ed from the real property; all�eases or subleas�s co�ering the real praperty <br /> �r any por��on there�f.; a�� interes�s, estate, or ather cla�ms, both i.n �aw and in equity, in the real properry; all <br /> homesteaa �.�e�r���n.� which are hereby released and w����d; ali easements, righ�s-af.-way, tenemen�s, <br /> hered��aments; all oi� and gas�rig�ts'aria�pro�:��cs ar���'�vater righ�s; aIl right,title, and uaterest of Trustor in and to any . <br /> land lying wi�hin the right-of-way of any stree� or highway adjoining the real property; any arid al� buildings, <br /> fixtures,irnpro�ements,and appurtenances now or hereafter erected thereon or belonging�here�o�here�n referred�o <br /> as "Impro�ement" or "Impro�ements"}; and any and a1i awards made for the taking�y eminent d�main, or by any <br /> pro�eeding or purchase �n lieu �hereof, af fhe whole or any pat-� of the real property. All of the foregoing estate, <br /> property, and interest con�eyed t� Trustee herein cal�ecti�ely referred �a as �he "Property." This is a�so a <br /> �anstruc�i�n securi�y interest given by Trus�or t� Trus�ee in and to the Property seeuring an ob�igation wh�ch the <br /> Trustor incurred for the purpose of.making an impro�ement of.the property. <br /> FC]R THE PURP[]SE�F SECURING: � <br /> �a} The payment of indebtedness e�idenced by Trustor's notes ar guarantee�"Note"�with an effecti�e <br /> date of May 1, 2414, �n the principal. sum of Two M.il7ian Eigh� Hundred Forty Three Thousan� Three Hundred <br /> Dol�ars�$2,543,30�},��gether with interest a�the rate or rates provided�herein and the pr�ncipal and i.n�eres�on any <br /> future loans e�idenced by promissory notes or guarantees stating they are secured by this Trust Deed, and any and <br /> al�renewals,xnod�ficati�ns, and extensions thereof,�oth principal and i.n�erest bei.ng payable in accordance with the <br /> terms set forth therein,wh�ch,by th�s refer�nce,is made a par�hereof. <br /> �b} The per.farmance af each agreement and ca�enant of Trustor herein contairaed;and <br /> (c} The paymen� vf any sum or sums af money v�hich may be h.ereafter paid or ad�anced by the <br /> Beneficiary under the terms of this Trus�Deed,togeth�r with�nterest therean at the rate provided in the"Note." <br /> T� PRUTE�T THE SECURITY (]F THIS TRUST DEED, TRUST�R HEREBY �aVENANTS AND <br /> AGREES AS F�LL�'L�VS: <br /> 1. PAYM��i`� �� �'�i�:�.'�",�� ����r �'I,EiZ�ST. Trustor shall promptly pay, vvhen due, the <br /> pr�ncipal of and�nterest on the indebtedness e�idenced by the Note, and all o�her charges and fees as pro�ided�n the <br /> Note,and�he principal of and i.nteres�on any Future Ad�ances secured by this Trust Deed. <br /> �. WARRANTY �F TITLE. Trustor is lawfuily seized and passessed of good and indefeasible <br /> ti��e and es�ate to the Property he.reby con�eyed and has the right t�grant and con�ey the Property. The Praperty is <br /> free and clear af all liens and encumbrances, except liens now of record, and Trus��r vWil� warrant and defend the <br /> . ti�le to the Praperty aga�nst a�l claims and demands. <br /> 3. MAINTENANCE AND ��MPLIAN�E WITH LAWS. Trustor shal] keep the Praperty in <br /> g�od repair and condition, shal� not cammit vWaste or perrnit impairment or deteri�rati�n of the Property, and sha1� <br /> � <br />