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201406444
<br /> 20143335
<br /> This Trust Deed and Assignment of Rents is made 09/03/2014, by and among the above named
<br /> Trustor(s) and AgriBank, FCB, 'Trustee," whose mailing address is PO Box 64949, St. Paul,
<br /> Minnesota 55164-0940, and Farm Credit Services of America, FLCA,"Beneficiary," whose mailing
<br /> address is PO Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the
<br /> principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably
<br /> transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and
<br /> security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of
<br /> this Trust Deed, the property, located in Adams, Hall, and Hamilton County(ies), Nebraska, and
<br /> described as follows:
<br /> See Attached Exhibit A
<br /> This document is executed in 3 counterparts to facilitate recording in multiple counties but shall be
<br /> deemed to be one document.
<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
<br /> other rights and interests now or at any time hereafter belonging to or in any way pertaining to the
<br /> property, whether or not specifically described herein;all above and below ground irrigation equipment
<br /> and 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 Trustor(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(sl or Credit Aareement(sl Principal Amount
<br /> 09/03/2014 1,500,000.00
<br /> 09/03/2014 1,000,000.00
<br /> Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br /> time will not exceed the sum of Two Million Five Hundred Thousand Dollars and Zero Cents,
<br /> ($2,500,000.00), exclusive of interest and protective advances authorized herein or in the loan
<br /> agreement(s); provided further, that THIS PARAGRAPH SHALL NOT CONSTITUTE A
<br /> COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY
<br /> TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN
<br /> ADVANCED.
<br /> This Trust Deed will be due 12/01/2033.
<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
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