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201603053
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5/16/2016 3:59:11 PM
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5/16/2016 3:59:11 PM
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DEEDS
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201603053
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Date of Note(s) or other Loan Document(s) Principal Amount <br />05/16/2016 $235,000.00 <br />201603053 <br />The above named Trustor for good and valuable consideration, hereby irrevocably transfers, conveys <br />and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of the <br />Beneficiary, its successors and assigns, an assignment and security interest in all of Trustor's right, title <br />and interest whether currently existing or hereinafter acquired in and to the following- described Real <br />Property in Hall Countv(ies), Nebraska to wit: <br />The North Half of the Southwest Quarter (N1/2SW1/4) of Section Thirty -Two (32) <br />and the North Half of the South Half (N1/2S1/2) a /k/a North Half of Lot Two (2) of <br />Fractional Section Thirty -One (31), all in Township Twelve (12) North, Range <br />Nine (9) West of the 6th P.M. Hall County, Nebraska, excepting therefrom a tract <br />of land comprising a part of the North Half of the Southwest Quarter (N1/2SW1/4) <br />of Section Thirty -two (32), Township Twelve (12) North, Range Nine (9) West of <br />the 6th P.M., in Hall County, Nebraska, more particularly described as follows: <br />Beginning at the northwest corner of the South Half (S1/2) of Section Thirty -One <br />(31), Township Twelve (12) North, Range Nine (9) West; thence southerly along <br />the westerly line of said Section Thirty -One (31), a distance of Six Hundred <br />Fourteen and Seventy Eight Hundredths (614.78) feet; thence deflecting left <br />90 °24'40" and running easterly, a distance of One Thousand Four Hundred Thirty <br />Seven and Seventy Nine Hundredths (1,437.79) feet to the Actual place of <br />beginning; thence deflecting left 89 °29'50" and running northerly, a distance of <br />Four Hundred Fifty One and Seventy Four Hundredths (451.74) feet; thence <br />deflecting right 90 °00' and running easterly, a distance of Four Hundred Eighty <br />Three and Eighty Four Hundredths (483.84) feet; thence deflecting right <br />85 °09'10" and running southeasterly, a distance of Five Hundred Eighteen and <br />Fifty Nine Hundredths (518.59) feet; thence deflecting right 94 °50'50" and <br />running westerly, a distance of Five Hundred Twenty Seven and Sixty Six <br />Hundredths (527.66) feet; thence deflecting right 90 °00' and running northerly a <br />distance of Sixty Five (65.0) feet to the Actual place of beginning. <br />In addition, Trustor hereby grants to Lender a Uniform Commercial Code security interest in all <br />Personal Property; and all proceeds from any sale or other disposition of the Property. The trust deed is <br />also effective as a financing statement filed as a fixture filing under the Uniform Commercial Code. <br />It is understood and agreed between Trustor and Lender that this trust deed is given to secure the <br />repayment in full of the Obligations as set forth in this trust deed and any Loan Document. All amounts <br />shall be paid when due as provided for in the Loan Documents creating the Obligations secured by this <br />trust deed. <br />This trust deed secures all Obligations, including, but not limited to the following: <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one <br />time will not exceed the sum of TWO HUNDRED THIRTY -FIVE THOUSAND ($235,000.00), exclusive <br />of interest and protective advances authorized herein or in any Loan Document and such other <br />amounts allowed by law. <br />NOTHING CONTAINED HEREIN SHALL CONSTITUTE A COMMITMENT TO MAKE FURTHER OR <br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL <br />PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This trust deed will be due February 1, 2041. <br />Trustor hereby warrants that Trustor holds good and marketable title in fee simple to the above <br />described Property, that Trustor has good and lawful authority to trust deed the same, that the Property <br />App #: 5389879; CIF #: 210478; Note #: 3034409 220SQ Legal Doc. Date: May 16, 2016 <br />FORM 5011, Trust Deed and Assignment of Rents Page 3 of 9 <br />
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