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<br /> Pa�+e 1 Ot 2
<br /> . Eiphlh F�ntf t:tsdlt Di�t►tot �"
<br /> ACKt�K1'WLEO'C�MENT: '
<br /> Th�und�nipn�d T►u�b►(�)Mnby acknowledy�e��nd uixlerst�nds hat(�)tne tecurity document beiow to bo executaf is a Truat�d,and nol s
<br /> r mo���nd(b)11�power of ul�provided br h tl�Trutt D�d provide�subsl�ntiaMy�ifterent riflhts and obtigaaons�o�he Tru:x�r�s)M�n•
<br /> � maaapa in dta awnt ot a dalautt or broa:.h of abti�attx�. Tho Tru�tx(a)turtt-.ar ra�asents and a�raea that th�s aertiir,atian has been raad and
<br /> �in oo�n�clion wi�.but pdor b.t!w Tn►ilas'wcocution a!!he ldb+ving Tn»t Qeed
<br /> ' Ihit Sth d�y d Aaril _,ig 90 .
<br /> ; na . to en e3rq `� R. Mar �S ol ��
<br /> �e � tenborq
<br /> ; 1?N8 ACKNOMYLEOi�AENT MII�T 8E SIGNED PRIQR TO EXECUTlON OF ti'RU9T DEED.
<br /> �
<br /> i TRUST DEED AND ASSIGNMENT OF RENYS
<br /> This Tn�tt�d and Ass�nt oi faants rolxrod b in the�bove aaknow{edpmenl is made thl� 5th dey of
<br /> Anril , 19 90 ,Dy ac�damonD Donald E. Stoltenberq and R. Marie
<br /> � Stolte e
<br /> ; 'Tru�y' 'm8 �i�tc!(�}is• ,R�ute 1. Box 285. Grand ssland. NE 68803 and
<br /> F 'Trtistae' whoss maili�p addrass ia
<br /> � 2Q6 &outh 1�� Stre��,, Omaha� NE 68102 ,and_Farm Credit Bank of ha
<br /> ' ' '8�d�ry;whost�mai0np addnta ia 206 SouM 19th Strest,Omat�a,Nebraska 88102.in oonsidaration of the advAnca t�y Beneliclary to T�ustor(z)W
<br /> ri�pi��oip�l wm s�ci/i�d hsbw,lfw noeipt of whbh b fwreby ackrwwlad�ed.and sny future,�tional.or protactive adva�wei madt+to or a�behall of
<br /> Trusbt(�j at B�n�iF�ry'�aption,Truttor(s)irrevocabty tran:tero,conveys and as�ipns b Trusfae,IN TRUST,WiTH POWER OF SJ1LE, ta ths berwYit
<br /> ; and ucurily ot B�rnfici�ry, its :ucoessore e�nd assi�ns,under and subject to tha terms and eondtions of this Trust Deed,the ptoperty,bcated in
<br /> � Hal�___ County,State of Nebraska,and desaibed u toAows:
<br /> � Ilet�, RQ.
<br /> S}SE� ---------------------------------------------------- 22 11N lOW 6th P.M.
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<br /> byetMr wilh rl Trusior's tiph�tit1e,and inteneat in the property,now or hereaiter aoquired,including: atl bui�dnga,fixNres,crops,and improv�emenb ,
<br /> � now on or hsreM[e�r pt�oed upon the property;aN appurtenanoes,watef,irrigaGan.and dreinage rights:sA rents,issues,uses,income,profit�,end rights •
<br /> b posteuion;aA ai,pat,�►vei,rock,or other mirsrals ot wttatever nature,indudn9 geothermal resources:all personsl propeny rhat may inlepraily
<br /> Dela�4 b a Mreatter beeort�an intepral part a}tlto�eal estat�whetfier attached or detached,inelud�ng any appuroenances and aeeoutraments of any •
<br /> ttruc�x�a reaidenoe cecurod hereby:aH above and below pround irriyatlon equipment and acoessories:and all leases.permits.licenses,or pnvileges. .
<br /> appur�en�nt a no�pputtanant to the property,now or hereefter issued,extended or renewed by Trustor(s),any Stata, the United States,a any �
<br /> dopa[Utf�nt,h�a��.1ntlrumantatily.a apency tt�ereof. The lorepanp is collectiv�alY retertgd to in this document es the'ptopetry'
<br /> h 1�und�ratood s�nd qtNd b�lwNn Trustor(s)�nd B�n�Mcl�ty thal thl�Trust DMd Is piv�to s�arn:
<br /> . r�� Promiswry oota(i)execu�'e�d by Tniseor(s)to BenefiGary detaribed as toliowa: �
<br /> � PrG►d,oa1 Amount ii�t�of Not� Lrhfdnat As�qgnt �
<br /> April 5, 1990 5130,000.00 I)
<br /> payable aaotdiny to the temis of tf�e note(s�,and any addendums to,reamortizaoon or resbucturing ol the noto(s). �
<br /> � 1Tw ropayment in full by Trusbns)of any and all fuNre and addtional bar�s or advanoes which may be made by Benefidary,at its optiort,at the
<br /> raquett of,and b a i�or the accaunt o}Trustor(=),u eny ot them,for any purpose,plus inierest on aIl loans a advances, under eny note(s)or other � ,_- __.---
<br /> is�sln.men!(s)m�trn�,refir►�nr�rx,�,extending,rAnewing,reamottizing,or restrucn�nng,new e�isung,or additional indebtedness a any oaA thereot, .
<br /> aM payabi�aooz►rdnp to tlw ferms of the note(s)c� other instrument(s); provided, however,that tt�e total principal indebtedness outstandinp and l
<br /> secured hereby at�ny ane time will not exeesd the sum of ONE HUNDRED TEN THOUSAND AI3D NO/100------------------- �
<br /> i
<br /> --`---------"-------`------------------DOLIARS(S 110,000.00 y.exctusive of interest and protective � .
<br /> �fwnCes autlrosiiod herein or in the Iqan agreement(s): provided funher,that THIS PAFiAGRAPH SHALL N�T CANSTtTUTE A CAMMITMENT TO
<br /> MAKE FUQiTHER OR AODITIONAL ADVfiNCES IN ANV AMOUN�AT ANY TIME. WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS � '
<br /> AB�YE HAS B�EN ADVANCED. �
<br /> L (e) i1w repayrnent io(uN by 7rustor(s)ot alt emounts ndvanced by Benehe+ary at�ts op0on, ta or on behalf of Trustor(s)as protect�ve advances� i
<br /> suthorized Aerein,in tfie toan egreement(s),or in other instrumont/,$)which avidence such edvences,plus�nterest on all such advanctrs,payabla as � ;
<br /> prouid�in the note(s),ba�ayreamentjsy,or otner instrumont(s) i � d
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<br /> (['� TTw payment�n itm of any ano ail otner pasr,prasani,vr iuturv tnrvc;i or�;onhn�vni,civuis a��v��d'u�iit:ne vf i tuSiOi{S j iG�'o6i�eii�uiaiy o�a��,at�ra i ��
<br /> � wt+atsoover.
<br /> ThiBTruEtD89s WdlbetSuv Dl�ix;i:l] 11_ 20d0_ . ___ _, _._.�_. o+u�onttw paymunt in h:'.:o!a'Isums svwr[,�dhpr�by �
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<br /> " Trus:a�s)twreby wanar,u thai T�us!Dr(5)holds fo0 S�'np;U t-:b�o��o abo.v acs:�•bew�•�aors ;^r.t•.,s�a,s,ras gr,oa a••a aw�., a.,��w� 'y'�;7CfA.1�.-,ru..,^�bo��^o� '
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<br /> ; � Rr01Y�0.111at C10 DlOVBfIj/ �4 tr@O 9nd p9.�01 t�.l i:Or.S en0 O�,r_.^»!dl`LUS.GaC9�:0�•:L^'3'd"CE'4 0��1K.0°0 .: 4 :'dC T•..S:J"Si w- Wd"c:; "d'K1.1c�0'A^H 0'ORO�ty.d: '
<br /> Tru�'0r(6I expBnS6.op�nst a;�Ca:rt�,tn:s wt+o��s�e�o• Tr,;st^��s!a so'a•c:�y wa res a•-. ��•^_,s-+:5 r •�•',t'o.h+e• �vs•c.�c '.s' �, n•�• r�• a• i n�c�c.�� �
<br /> an0 to U�t►abovo Bos��ooG p•opcxry
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