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<br /> � 102-22Q-5740
<br /> �f w-- - QO�_��� FC80 5011(3 89)
<br /> r Pa s t oE 2
<br /> ' �.y,hl!:�:r..:LYr�:!L'3ot::-.! ,
<br /> ACKNOY�ILEDGMEN4: �_
<br /> � The und�nipn�d Tn+stor�e)hereby acknawladyes and undorctands th�t(a)the seeuriy documant Debw to be executed is a Tru�t Doed,and not a
<br /> morq�pe�nd(b)t�power of�sle providad ta in tha Taist Doed providee cubstan6ally cifl�ront riphts and oalipa,dens to the TNStor(�)than a
<br /> morq+p�in 1M�+tM►!of�dehuit or breach of ubBpation. Tf�e Trusta(t)lurthur roprosent�und apreos that thl�oertification has been read and
<br /> �x�euNd in c�n�ceia�n w�h.but prk�r to.ttie Tru�aor�'�aau�an of the foilawinp Trust Qeed
<br /> Dat�d�hts d�yol Aer91 1g 90 1 �.
<br /> T�b��-J�'1XZCTT�"��o►.�..E: • ���i�`1 •�-� �/�1! ---y t'_f C
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<br /> TtM!ACKN�WLEOOMENT MtlsT�E SKiNED PRIOiI TO E%ECUYION pF TRU9T OEED.
<br /> ' TRUST DEED AND ASSIGNMENT OF REMTS
<br /> ThN Tetx10�W�nd Jl�siprrn�nt ol FMnt�nNrnd to M the�bovv�cicnowtedpment la made tN: 25th �y ot
<br /> qpr11 , �s 90 .byanaemor� Robert A. Karle and Deborah M. Karle.
<br /> Nus� ii�e
<br /> �7nu�or(•�• �addt,�s h 4022 Gr�enwood _Dri ve. Grand I sl and. NE 6880� �
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<br /> "frustee' whose mailinp addreas ia
<br /> 20G S. 19th Stree�. Omaha. NE 681Q� ,anaProd�ction Gredit Association of th M9d�a s
<br /> ' Ildir�►;whos�maiNn�uJ�dna is 206 South 191h Stroet,Om�ha,Nebraska 6810�,in oonsideratio�of the advance by Beneficiary to Trustor(s)of
<br /> �pi�e�M wm sp�ifbd betow,Mw raaipt o1 which is he�eby acknowledaed,and any tuture,adcitional.a protecti�,�e advanoea made to or on behaif of
<br /> Trwta(s)at B�lidey's oplion,Trutbr(s)i�revocaby tanaien,convays and a�si�t b Truslae,IN TRUST,WITH PAWER OF SALE,for the benefit
<br /> and :scuriy of Bensfidary,its �ucceawro end assiy�s,under and suDject to the terma and concitiona of this Tnist Deed,the property,bcated in
<br /> Hd 11 County,State ot Neb►aska,and desaibed as tollows:
<br /> _ a�l0. 7lEI�, BQ,
<br /> A tract of 2and in W 1/2 i�tW 1/4--�--�-------------22 1Z �T lOW 6th PM
<br /> , Beginning at a point on the north line of said Section Twenty Two (22),
<br /> � : said point being Eight t?undred Sixty Five and Thirteen Hur�c�redths � ,
<br /> (865.13) feet east of t�ee northwest carner of said Sectior� `:"wenty Two , �
<br /> , (22); thence easterly a�.ong the north line of said Sectioa �°wenty Two
<br /> (22), a distance of Four Hundred Sixty One and Eighteen Hundredths
<br /> (461.18) feet to the northeast corner of said West Half of the Northwest � '
<br /> Quarter (W 1/2 NW 1/4); tlhence southerly along the east line of said West II -�- -
<br /> _ _ _ Half of. the Northwesr Ouartp,r tw t /? tJr� poa�.; ? �iigtg,r�A `f n;�� g};QS„;��a
<br /> ITwo Hun3red Fourteen arzd �'wenty �ro Hundredths (�,214.22) �'eet; thence
<br /> deflecting right.89 degrees 38' 43" and running westerly, a distance of
<br /> � Four Hundred Six and Sixty Eiqht Hundredths (406.65) feet; thenae =-
<br /> deflect�.ng right 98 degrees 34• 26" and running northeas�erly, a distance
<br /> af Nine Hunared SeventY Fi,ve and One Tenth (975.1) feet; t�ence �—
<br /> deflecting left 98 degrees 34' 26" and running westerly, a distance of
<br /> One Hundred Niney Two an8 Thirty Five Hundredths (192.35) feet; thence
<br /> . deflecti�sig right 90 degrees 00' and runniag northerly, a distance of Two
<br /> Hundred Enfty (250.0) feet to the place of beginning and cor�taining �
<br /> 10.101 acres more or less
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<br /> topether wilh all Trusta'a ripht,title,and interest in tlte property, now or herealter eoquired,including: a10 Du3dinps,6xtures,crops,and improv�ements
<br /> now on or heroatter placed upon the properry;alf app�Renances,water,irrigatan,and drainege r:ghts;aH renLS,issues,usea,income,profits,and rights
<br /> to possettlon•aN al,9as.9nvel,cor.�k,or other minera�a of whatever nature,inducirg peothertrtaf resources;all persond properry that may intepralty
<br /> belon�b or M�safler boopn�e an intepral pert of tlie�eal estate vrhetl�er attaclied a detached,incWciry any appunenanoes and accoutrements of any
<br /> � � t�a r+s=idsr�aecured hereby:aM above and below pround krigaton equipment and aocessories:and a�ieases.permits.licenses.or ptiv�es,
<br /> appurterMnt or raneppurtanu►t W the property,naw or heresker issued, extanded w renewed by Trustor(s),any State,the Unieed States, a any
<br /> d�p�rtrrMM�b�+rw.intWrn�nO�litY,w a0e�ey thereot. The tor�dnp is cotlectively reterred to in tnis document as the'property.'
<br /> , It Is txfd�r�tood�nd prMd bMw�Trustor(s)�nd 8�flclary Iha1 thb Trust ONd Is�Iv�n to s�cur�: �
<br /> (a) Promiseory nota(s)exeeuted.by Trustor�s)to BeneCeciary desaibed as Idlows:
<br /> �� Princlod Amount Dat�o}Noy pHnclwl Amount �
<br /> 2-19-88 $ 44,445.00 4-25-90 �145,000.00
<br /> 8-29-88 $ 13,335.00 12-30-8t3 $ 12,000.00 I
<br /> p.y.a..000�to n,a��„S a a,e�ote�s�,and any addendume to,reamorUZation a roswcturing ot the note(s). :I
<br /> � Tha ropeyment in full by Truilor(s)ot any and all luture and add�bonal bans or advances which may be made by Benefiaary,at its op6on,at the !
<br /> roquesf of.and b a 1or the socount o1 Trustor(sJ.o►eny of them,tor any ou,rpose,ptue inter�t on al!loans a edvances,under any note(s)or other ` ' - "—
<br /> insUurtNnt(s)modifyirp,refinancing,extending,cacs�ewing,reama0zing,or�esC��,�cturin�,new exisong,or adcfitional indebtednesa or any Fart thereof, � �
<br /> aN payabM a000rtfi� to the terrrts oE the no�sy a other inst*umern(s): Frov�ed, however,that the tctal pnnclpal indebtedness outstandi�g and I
<br /> securedherebyatanyonetim�w`�tnatexeeedt�esumol _T�„to Hundrpd FiftT ThpuSdnd and Np,�jQQ__ � ,
<br /> --DOLlARS{s ),exclusivo ot interest and profecOVe �
<br /> advancas authorited herein or in the toan agrefx^;ent(s) provided furd►er,tflat�'HIS AfiAG PH SHALL NOT CONSTITUTE A COMMITMENT TO �
<br /> MAK�FURTHER OR AQOITIONAL ADVANCES IN ANY AMOUNT AT ANY TSME.WHETHER OR NOT THE TOTAL PRINCIpAL INDEBTEDNESS �� �
<br /> ABOYE HAS BEEN ADVANCEO. �� �
<br /> ! (c) Thtt repayment in fuN by Trusior(s)of all amoi:nts advancad by Benefit+ary ai its oR6on, to or on bshasf ot Trustor(s)es protective advances '! �
<br /> L•. ` au�Otited herein,in fhe loen agreemenf(5),or in ottwr�nsWmeM(s)whi;h e+ndence such advances, plus mterest on aH such advancos,payable as � v
<br /> , prorided in the note(s), ban agrecimont(s),w othar�nstrument{s)
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<br /> �� � (r+ inp paymeni�n fun otany and en otRti¢�pasY,presant,or future, dire>et orcontingent,debls and hab+I�Uos of"frustor(s)to Bc3nefiaary of any nature� ; ���
<br /> whaisoevar
<br /> ' This Trust Detid wJl bo duo_ FTdt"CIl Z. ZOOI__ _._ . or upan itio payment in fwl of all sums secured horeby :
<br /> � Truatw(e)1wroDy wavents tr.at Trus;or�s}hods loo s:mplo t:Ce to me aDOro dosa�t>oa v'at+on�.'ha:Tvs�o•is)has paad a-�6 a.v`., a..:�o�•ry:o docxf a^n c•��c��^be���» �
<br /> 1, � oUmp, Iltat Qie D�oPeRY�S Le6flnd tlear O1 a!I long en�onc�mbrarteos.nxr�Dt cr.amn•.�nus o'•ecord �-�»a' 7�„s[o•:s�w wd•�a-�a•�tl Cn'e^A t°e woPe�ty a: -
<br /> irwtn�(e)o,ppr�SO,OG3n5�[Uldd.mtintS v�hOmS.OE�vE�r ir,,sroqs)a'so�•v�eby wa�vs aro •e•�o.r��s a r;,••s o'ac�wc• ^ ••,f�se:,a �s�•a,��u s^.�•• .r o e�e••:;o� ^
<br /> � I arW ro Lho e0nv0 desa�baA pro�e�ry
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