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Financing Statement and Security Agreement HALL COUNTY - FILE IN REAL ESTATE RECORDS 200101415 For Filing Officer: Time, Date, No., Debtor(s) (Last Name First and Address(es): Secured Party(ies): Name(s) and Address(es) Filing Office David N. and Julie A. Ogden Metropolitan Life Insurance Company 15802 Old Military Road 5445 DTC Parkway, Suite 920 Wood River, NE 68883 Greenwood Village, CO 80111 Creation Of Security Interest and Description of Collateral Debtor, whether one or more, as security for all Debtor's present and future indebtedness and liabilities of whatever nature to Metropolitan Life Insurance Company, hereinafter designated as secured party, and all renewals and extensions thereof, grants Secured Party a security interest in the following collateral, whether now owned or hereafter acquired and in additions, accessions, substitutions thereto, and all products and proceeds thereof: All irrigation pumps, motors, engines, pipes, sprinklers, control panels and accessories, and all other irrigation equipment together with all water and watering rights of every kind and description, and all improvements, fixtures and appurtenances connected therewith now or hereafter placed or installed on The Southwest Quarter of Section Twenty- three, Township Ten North, Range Twelve West of the Sixth Principal Meridian, Hall County, Nebraska, excepting therefrom a tract of land more particularly described in Quit Claim Deed in Book 79, Page 337 and excepting therefrom a tract of land more particularly described in Warranty Deed recorded as Document 79- 001619. The North Half of the Northwest Quarter of Section Twenty -six, Township Ten North, Range Twelve West of the Sixth Principal Meridian, Hall County, Nebraska, excepting therefrom a tract of land more particularly described as Lot One (1), D & J Subdivision, Hall County, Nebraska. Warranties Debtor warrants that the Collateral is used or being bought primarily for farming operations, - - - if marked here _ for business operations. If marked here — the Collateral is being acquired with the proceeds of the note or notes, which Secured Party may disburse directly to the seller of the Collateral. Dated this February 26, 2001. This Agreement Includes All the Provisions on the Reverse Side. Metropolitan Life Insurance Company Secured Party bavid N en SS# 507 --80 -9177 By ) Dana P. burderi, Assistant Manager V for. Julie A. go SS# 508 -09 -4480 df