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2� 15�8455
<br /> �nd rn�erest �rvh�ther �urren�[y exis�ing ar h�reinafter acqu�red in and fa fhe f�llflw�ng�describ�� Reaf
<br /> Property in H�11,Coun�y�ies�, N�braska, �o wit:
<br /> Tracfi '[: Th� Sou�hea�� Quar�er �SE114} of Section 'I 8, Tawnship �� North, Range 'I2 �IIle�� of �he 6�h
<br /> P.M., Hall �ounfiy, Nebraska
<br /> In addition, Trustar hereby gran�s fia Lend�r a Uniform Commercial Code secu�i�y in�erest in a1f
<br /> Persana� Pr�perty; and al[ proceeds fram any sale ar o�her dispasition o�'�h� Prop�rty. Th�frus�deed is
<br /> a�so effec�irr�as a�inancing s�afiemen�fii[�d as a fi�c�ur��iling under�he �niform �ommerc�a[ �ode.
<br /> I� is unders�oad and agr��d he�ween Trustor and Lender �hat �his firus� deed is g'r�en �o secure �he
<br /> repayment in fuil ofi�he �b[iga�ions as se�f�rth in �his frus�deed and any Loan D�cumen�. AI! amaun�s
<br /> shall be pa�d �rvhen due as provided for in the L�an Docum�n�s creating fihe �bl�ga�«ns s�cure� hy th�s
<br /> �rus�deed.
<br /> This�rus�deed secures a[1 �bl�ga�ions, 1nG�udlp�, �u�na�lim�t�� to �he f�llowing:
<br /> Date af Note s or other L�an Dvcument s Princ�pal Amaunt
<br /> ��1'�51��'[� $375,��fl.��
<br /> Provided, ho�rever, �ha� �he ��ta! principa� indebtedness ou�s�anding and secur�� h�reby a� any one
<br /> �Eme vvill no� exGeed the sum �f THREE H UN C]RED SEVENTY-FIVE THUUSAN D �$375,���.��},
<br /> �xclusiWe of interes� and pra�ec�i�e advances au�h�rized her�in o� in any Loan Documen� and such
<br /> ofher amoun�s a���wed by law.
<br /> NDTHlN� C�NTAINED HEREIN SHALL ��NSTITUTE A ��MMlTMENT T� MA�{E FURTHER �]R
<br /> AI���TIDNAL ADVANCES !N ANY AM�UNT AT ANY T1ME, WHETHER �R N�T THE T�TAL
<br /> PR�NCIPAL INDEBTEDNESS AB�VE HAS BEEN ADVAN�ED.
<br /> Th�s�rus�deed will b�du� March �, 2D36.
<br /> Trustor hereby warran�s �ha� Trustor h�lds good and marke�able �i�le in fee simple t� �he abave
<br /> desGri�ed Property, tha�Trus�ar has go�d and �awfu[ au�hori�y�a�rusfi deed �he same, �ha�the Property
<br /> is free and ciear of a[[ �iens and �n�umbrances, e�cc�p� �hvse se� forth En a ti�le pol�cy or �ifi[� opinian
<br /> purchased by Lend�r� and deemed acc�pta�[e by Lender, in ifs sole discr��ian, in rela�ian tn �his frus�
<br /> deed and �ha� Trus�o� vvil[ warran� and defend fhe Praperty a� Trus�or's expens� agains� aCl c[a�man�s
<br /> whoms�ev�r. Trusfor als❑ hereby waives and relinquishes all rights �f do�rver, homes�ead, dis�ribu�iVe
<br /> share, and exemp�ion in and ���he a�o�e described Real Praperty.
<br /> lt is understood and agreed be�ween Trus�ar and Lender �ha� �his ��-usf dee� is g��en fio secu�e �he
<br /> repaymenf in fu�[ o�fih� alI �bligafions, regardless of whefiher Trus�ar is liabl��hereon, and aff fu�ure and
<br /> addi�ional l�ans or ad�ances, protec�i�e or otherwise, �rvhich may be made �y L�nder, a� i�s op�ian, at
<br /> �he r�quesfi of, and �� or for �he acc�un� �f Trustor, any �� the parties [iab[e und�r any �f th� Laan
<br /> Documen#s, �or any purpose, pfus int�res� �hereon, a[[ payab�e accarding �o �he terms of �he Laan
<br /> Docum�n�s. Any �]b[iga�ivns secured by �h�s trus� de�d shall he payabl� when due as s�� forth �n th�
<br /> Laan Dacumen�s.
<br /> Trus�or hereby ass�gns, �ransf�rs, and Gonveys �o Lender all rents, issues, incvme, profits, royal�i�s,
<br /> b�nuses, and de�ay moneys or o�her proceeds thaf may from time �� �im� becflm� due and payable
<br /> un�er any real es�ate [ease ar under any oi[, gas, gravel, rock, �r ath�r minera[ lease �� any kind
<br /> including geotherma[ resour�es now ex�s��ng or �ha� may hereafter c�me in�o exis�ence, co�ering �he
<br /> Prope�ty or any part fhere�f. All such sums s� recei�ed by Lend�r will be applied fo �he Dbligations
<br /> secur�d h�r�by; or Lender, a� rts ap�i�n, may �urn o�er and deliver to Trus��r�s} or �heir successors "rn
<br /> in�erest, any or a[[ a� such sums with�u� prejudic� �� any �f Lender's rights �a take �nd refiain future
<br /> sums, and withou� prejudice to any of its a�her rights under �his trus� de�d. This assignment wi�! be
<br /> cans�ru�d �o �e a pra�ision for �he payment or reductiQn of �he �bli�ations, subject �a �he Lender's
<br /> aptian as here�nbe�are pro�ided, �ndep�ndent of fhe�rus�deed on �h� Property.
<br /> App#:5348537; CIF#: ��4567; Note#:3�04932 �2�SQ Legai Doc.Date:D�cember�5,��'��
<br /> F�RM 5�'i 1,Trust❑eed and Assignment�f Ren�s Page 3 of 8
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