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2� 15�8454
<br /> and in�eres� whether currently exis�ing or hereinafter acquired in and �o �he fo[Inv�ring�-describ�d Rea[
<br /> Property in Ha1� �aun�y�ie��, Nebraska, to�rit:
<br /> Trac� �: The Northeas� Quarter �NE'f 14} af Sec�ion �8, To�rnsh�p '[1 Narfih, Range 'f� �es� of fhe 6�h
<br /> P.M., Hall C�un�y, N�braska.
<br /> ln additian, Trustor hereby grants to Lender a Unifiarm Commerc�a� Code security in�eres� in ali
<br /> Persanal Praperty; and a[� prviceeds fram any sa�e or o�her disp�s�fi�on of�he Pr�perty. The �rust deed is
<br /> also�ff�c�ive as a financing s�atement filed as a fixture�iling under fhe Un�form �ommercial Code.
<br /> Ifi �s unders�oad and agreed be�ween Trus�or and Lender fiha� �his �rust deed is given �a secure the
<br /> repayment in fufl of fih� �bfiga�i�ns as set for�h in �his �rus�deed �nd any Loan �fl�um�nt. Ali amnun�s
<br /> shaf[ be paid when due as pr�vided for in �he Loan Documenfis creating �h� �bligafions secured by this
<br /> �ru�fi deed.
<br /> This�rus�d�ed secures alf �bligafi�ns, inc�uding, bufi nafi limited to fihe following:
<br /> Date af Note�s�_�r ather Laan D�cument�s�, Princip�l Amount
<br /> �[2l'l 51���5 $37�,���.��
<br /> Provided, howeWer, �ha� fhe �o�al principaf indehtedness oufistanding and s�cured her�by a� any one
<br /> �ime will naf exceed �he sum of THREE HLJNDRED SEVENTY-FIVE TH�USAND �$37�,���.��},
<br /> exc[usi�e of in��rest and prot�c�ive ad�anc�s authariz�d herein �r in any Laan Dacumen� and su�h
<br /> o�her�moun��allow�d by l�w.
<br /> N�THING ��NTAINED HEREIN �HALL C�NSTITUTE A CC]MIVIITMENT TQ MAK� FURTHER �R
<br /> ADDITI�NAL ADVAN�ES 1N ANY AM�UNT AT ANY T1NiE, WHETHER �R N�T THE T�TAL
<br /> PRINCIPAL INDEBTEDNESS AB�VE HAS BEEN AaVANCED.
<br /> Th�s�rust deed w�ll be due March �, ��3G.
<br /> T�ustor hereby warrants thaf Trus�or haCds gaod and markefab[e �i�le in fee simpl� �o �he abov�
<br /> described Prnp�rty, that Trust�r has go�d and law�u[ au�hor��y fio trust deed �he sam�, tha��he Property
<br /> is free and clear of a[[ liens and encumbran�es, excep� �hose se� forkh �n a t��ie po[icy or ti�le opin�on
<br /> pu�chased by Lender and d�em�d accep�able by Lender, in i�s so[e discre�ion, in re�a��an �o fihis firust
<br /> deed and that Trustor wi[[ warranf and defend �he Praperty a� Trus�or's expense agains� a1C cCaimanfis
<br /> whoms�e�e�. Trus�or a[so h�reby waives and ref inquishes all righ�s of dovtir�r, hamesfiead, dis�ribu�i�e
<br /> share, and �xemp��on rn and fo the abave d�s�r�bed Rea1 Praperty.
<br /> I� �s unders�ood and agre�d �efwe�n Trus�or and Lender �ha� th�s trus� deed is given �o secure �he
<br /> repaymenfi in ful� �f fhe af 1 ��liga�i�ns, regard�ess o�whe�her Trus�or�s lia�[e fihere�n, and all fufure and
<br /> addifiona[ [aans ar ad�ances, protec�iv� or o�herv�ris�, which may be made by Lenderr a� 1�5 ���I��"l, af
<br /> th� requ�s� �f, an� �a or for the acGount of Trust�r, any af the partfes fiab[e under any of fih� Loan
<br /> Do�umen�s, for any purpase, plus interest �hereon, a[� payabl� accarding �� �he �erms af �he Loan
<br /> Documents. Any �bliga�ions se�ured hy �his �rus� deed shal� be payab[e when due as set forth in �he
<br /> Laan D�cumen�s.
<br /> Trustor hereby as�igns, transf�rs, �nd conv�ys to Lender a[� ren�sr 155U�'S, income, profifis, rayal�ies,
<br /> bnnuses, and delay moneys or o�her pr�ce�ds �hat may ��om fim� fio �ime be�ome due and paya�le
<br /> under any reaE es�a�e lease or unde� any oil, gas, g�avel, r�ck, ar a�her mineral �ease �� any k�n�
<br /> �ncluding ge�fih�rmal resources now existing or �hafi may h�reaf�er come in�o existence, co�ering the
<br /> Praperty or any part �her�af. A�1 such sums s� r�cei�ed by Lender will be applied ta the �bli�a��ons
<br /> secured her�by; or L�nder, a� i�s �p�ian, may �urn ov�r and d�f��er�a Trus�ar�s} �r the�r su�cessors in
<br /> interes�, any ar al[ a� such sums without prejud�ce to any of Lender's rights �a �ake an� re�ain fu�ure
<br /> sums, and withau� prejudice �� any ��F �fs o�her rights und�r this ��us� deed. This assignmen� wi[f be
<br /> c�nstrued �o be a provisian for �he paym�n� or reduc��on a� the �bl�gatians, subjecf �a �he Lender's
<br /> op�ian as h�reinbefare provided, independen�of the firust d��d on �h� Proper�y.
<br /> App#:534853�; C[F#: ��46�7; Nate#:3n�4931 22�SQ Legal Da�.Date:Decem��r�5,2D�5
<br /> F�RM�Q1'i,Trust Deed and Assignm�nt of Renfs Page 3 of 8
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