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2� 1 ���798
<br /> Par�el #1: The �lllest Ha[f of �he Narthwes� C�uarter �11V'/z NIIV��4} of Section
<br /> Faurteen �'14}, Tvwnship Ten �'i�} Nvrth, Range Twe1v� �'I�} West af the 5th
<br /> P.M., Ha11 �oun�y, Nebraska.
<br /> Parc�� #2: Th� Eas� Ha�f of �he Nor�hwes� Quarter �E�/ NVI! %} �� Sectian
<br /> Fourte�n �'[4}, Township Ten �'I�} Narth, Range Tw�lve �'I 2} W�s� of �he 5th
<br /> P.M., Hall Coun�y, Nebraska.
<br /> ln addi�ivn, Trustor hereby grants �o Lender a Uniform Commercial Code s�curity �nterest in al[
<br /> Persanal Praperty; and all pr�ceeds from any sale or o�her disposition of the Property. The�rus�deed is
<br /> also ef�ec���e as a financin�s�atement filed as a fixture filing under the Unifvrm ��mmer�ial Cod�.
<br /> [� is und�rs�aod and agreed b�tv�re�n Trus�or and Lender �hat this trus� d�ed is given to secure the
<br /> repayment in fu[I of the �bligations as s��forth in �his trust deed and any Loan Documen�. A11 amoun�s
<br /> shaII be paid when due as prov�ded for in �he Lvan D�cum�n�s �rea�ing the �bl�ga��ons secured by this
<br /> �rus�deed.
<br /> This�rust deed secures a�l �b[igations, including, bu� no�limifed tv the fa!lowing:
<br /> Date of N�t�s or other Loan D�cument s Princi a[Amount
<br /> ��1�'Il��'I5 $75�,���.��
<br /> Pro�ided, h�wever, �hat the �o�aI principa� indeb�edness ou�s�anding and secured her�by at any ane
<br /> �ime wi1I not exceed �he sum of SEVEN HUNDRED F1FTY TH�USAND ��75�,D��.�D}, exclusive ot
<br /> interest and pratective advances aufhorized herein ar in any Loan Document and such vther amoun�s
<br /> allow�d by Iaw.
<br /> N�THINC� C�NTAINED HEREIN SHALL C�NSTITUTE A C�MMITMENT T� MAKE FURTHER �R
<br /> ADDITI�NAL AQVAN�ES 1N ANY AM�LINT AT ANY TIME, VIlHETHER �R N�T THE T�TAL
<br /> PRIN�[PAL INDEBTEDNESS AB�VE HAS BEEN ADVANCED.
<br /> This trust deed wil� be due March �, ��3'i.
<br /> �Trus�or hereby warran�s �ha� Trus�or holds good and ma�ketable t�tle in fee simple �o the aboWe
<br /> desc��bed Property, �ha�Trustor has good and la�rful authvri�y�o frus�deed the same, �ha�the Prop�rty
<br /> is free and cIear af all [iens and encumbrances, excep� thase se� forth in a tifile palicy or titie opinion
<br /> purchased by Lender and deemed ac�ep�a��e by Lender, jn its svle dlscretion, in relafion fv thRs trust
<br /> deed and that Trust�r will warran� and defend the Praperty a� Trustar's exp�nse agains� a11 claiman�s
<br /> whomsnever. Trus�vr also hereby waives and relinquishes aIl r�ghts of dower, hvmes�ead, drst�'ibu�i��
<br /> share, and e�emp�ion in and t�the aboWe describe� Real Property.
<br /> [� is unders�oad and agreed het�reen Trus�or and Lender tha� this trust deed is giWen �v seGure �he
<br /> repaymen�in fu11 �f�he a11 �b�igations, regardl�ss o�whether Trustor is liable fherean, and all fu�ure and
<br /> addi�ivna[ I�ans ar ad�ances, prv��ctive or otherwise, which may �e made by L�nder, af its �pti�n, a#
<br /> �he request vf, and tv or far �he accvunt vf Trus�ar, any af the part�es Iiable under any af fhe Loan
<br /> Documen�s, for any purpose, p�us int�res� �hereon, aIl payable ac�ording to the �erms of the Loan
<br /> Documenfs. Any �bIigatians secured by �his frust deed shall be payable when due as set farth in fihe
<br /> Loan Documents.
<br /> Trus�or hereby as�igns, transfers, and con�eys to Lender all rents, issues, income, pro��ts, royal�ies,
<br /> banuses, and delay moneys ar o�her proc��ds �hat may �r�m time ta time became due and payable
<br /> under any r�al estate lease ar und�r any oil, gas, grave�, rock, �r �th�r mineraI lease of any kind
<br /> inc[uding geothermal resaurc�s naw e�c�s�ing or� �ha� may hereafter cvme in�a exis�ence, co�ering �he
<br /> Proper�y or any part �hereo�F. All such sum� so received by Lender wi11 be appIied to the �bligations
<br /> s�cured hereby; ar Lender, a� its optivn, may turn QWe�- and deiiver ta Trus�ar�s� ar�heir successors �n
<br /> �nt�res�t, any ar all ❑f such sums wi�hout prejudice �o any of L�nder's rights fa take and re�ain future
<br /> sums, and wi�hou� pre�udice to any of its o�her righ�s under �his trus� deed. This assignmen� will be
<br /> App#:536�125; CIF#: �36295; Nnte#:3D�4��� 2��KS Legal Doc.Date:February�,2��6
<br /> F�RM 50��,Trust Deed and Assignrnent of Ren�s Page 3 vf 8
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