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WITNESSETH, That the Trustor, "for good and valuable consideration,
<br />including the debt and trust hereinafter mentioned and created, and the sum
<br />of one dollar to Trustor paid by the said Trustee, the receipt and suffi-
<br />ciency of which is hereby acknowledged, does by these presents, irrevocably
<br />grant, bargain and sell, convey, assign and confirm unto the said Trustee, IN
<br />TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Deed of Trust, the following
<br />described real property situated in Hall County, Nebraska, to -wit:
<br />The South Half of the South Half of the Northeast Quarter (S1 /2
<br />S1 /2 NE1 /4) of Section Twenty -eight (28), Township Twelve (12)
<br />North, Range Eleven (11) West of the 6th P.M., in Hall County,
<br />Nebraska, excepting a certain tract more particularly described in
<br />Warranty Deed recorded as Document No. 78- 000366; and
<br />The Southeast Quarter (SE1 /4) and the East one -third of the Southwest
<br />Quarter (SW1 /4) of Section Twenty -eight (28), Township Twelve (12)
<br />North, Range Eleven (11) West of the 6th P.M., in Hall County, Nebraska,
<br />excepting a tract more particularly described in Warranty Deed recorded
<br />as Document No. 78- 000365 and excepting a tract more particularly de-
<br />scribed in Joint Tenancy Warranty Deed recorded as Document No. 99-
<br />112109.
<br />TOGETHER with and including all and singular the tenements, heredita-
<br />ments, appurtenances and privileges thereunto belonging or in anywise
<br />appertaining, whether now or hereafter acquired, which shall include, without
<br />limiting the generality of the foregoing, the following:
<br />All of the rents, issues and profits, including all rents, royalties,
<br />bonuses and benefits under any existing or future oil, gas or mineral or
<br />other leases; all easements and rights of way; all rights of homestead
<br />and homestead exemption and any surviving spouse's marital or distribu-
<br />tive share, and all other contingent rights in and to said premises; all
<br />water, water rights, whether riparian, appropriative or otherwise and
<br />whether or not appurtenant, all ditch rights, and any shares of stock
<br />evidencing any such water or ditch right; and
<br />All fixtures, improvements, buildings, and the plumbing, heating,
<br />ventilating and lighting systems and equipment therein, all barn
<br />equipment; and all pumps, pumping stations, motors, engines, machinery,
<br />reservoirs, pipes, flumes, fences, and other machinery or equipment,
<br />except tractors, used for the production of water on said premises or
<br />for the irrigation or drainage thereof, all of which shall be construed
<br />and considered as affixed to and part of the real estate.
<br />All of the foregoing estate, property and interest hereby conveyed to the
<br />said Trustee is hereinafter collectively referred to as the "Property."
<br />TO HAVE AND TO HOLD the same unto the said Trustee, Trustee's successors
<br />and assigns forever, IN TRUST HOWEVER and WITH POWER OF SALE hereby expressly
<br />granted unto the said Trustee, Trustee's successors, and assigns for the
<br />purpose of securing:
<br />(a) The payment of Trustor's just indebtedness to Beneficiary in the
<br />principal sum of Four Hundred Thousand Dollars ($400,000.00) for money
<br />borrowed, with interest thereon, all as evidenced by and in strict accordance
<br />with the terms of that certain promissory note hereinafter called the "Note ",
<br />bearing even date herewith made payable to the order of Beneficiary, executed
<br />by Randy L. Dibbern and Gloria A. Dibbern, husband and wife, and Joed Dibbern
<br />and Robyn L. Dibbern, husband and wife, and providing for the payment of said
<br />indebtedness in installments, subject to acceleration of maturity on default
<br />
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