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<br />89~100018
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<br />FCElO 5011 CS-511
<br />PagEl 1 of :2
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<br />Eighth F.rm Credit Olltrlct
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<br />ACKNOWU:DGMCNT
<br />The undersigned Trustor(l) hereby acknowledges snd understands that (0) tho security document below to bo executed ill a Trust
<br />OHd, and not. mortgag..nct (b) the power at ..Ia provldOd for in the Trust Deed provides substantially difforent rights anct obligations
<br />tQ the Tnnltor(s) than. mortgag.ln the event oj a detault or breach ot obligation The Trustor(a) further represents and agrees that this
<br />eartlfleatlcn ftU been l'Md and executed In connection with. but prlOf to. the Trustor,' execution 01 the following Trust Deed.
<br />at la 30th d 01 December . 19 88 ;11 i 1
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<br />THI. ACICNOwt..lDqlillNT, ~T" __D"I "~TO UIC 'nONs PiED O'F TRuaT:
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<br />TRUIT'lmID AND ASSIGNMENT OF RENTS
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<br />ThIll Truat D.ed and Asalgnment of Rents reterred to In the above acknowledgment III made this 30th day
<br />ot DeceIl\ber ,19~.by.nd.mong Patrick J. McGuire, unmarried; and
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<br />Mark J. Messmer and Kristine M. Messmer, husband and wife
<br />880 Pinon Drive 1205, Ames~ IA 5001000
<br />"Trultor(I)". whoso mllm~lI.ddress Is 6 5 NW N1cho~as venue, AnKeny, IA 5 21 and
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<br />Farm Credit Bank of Omaha "Trustee," whose mailing address Is
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<br />206 South 19th Street, Omaha, NE 68102 .and.the Farm Credit Bank of Omaha ", .
<br />"Beneficiary", whoM mailing addreta Is 208 South 19th Street. Omat'ra. Nebraska 68102. In consideration of th! ~0lla.."<>>1:y eanetlclary to
<br />Trustor(l) of the prlncipal,u/l',lIlljl28Cifled below. the receipt 01 whlcft, IS "llF!Sby acknowledged. and any future. additloollflQr protective advances
<br />mlldc to or on behalf of T,..~r.tli) at Bsnaflcla'V's optIon. TrrJSff~r(S;ir(iavocably traosfera. conveys and ...igns m 'ffT,jlstee.IN TRUST. WITH
<br />POWER OF SALE, for the be~1land security of Beneflcll).Gy', illS suec:o~rs and assigns. under and subject to thetMmundconditlons oUhls
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<br />Trust Deed, the real property. tocated In thlt c.ounty of Hall . StJ1te ot Nebraska. and described as follows:
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<br />NINE! ----------------------------------------------------- 7 10N 12W 6th P.M.
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<br />Together with all center pivots. wells, pumps, motors
<br />and equIpment located on and used to irrigate said
<br />premises, and.any additions to or replacements thereof,
<br />which items are declared to be a part of the deeded
<br />premises and appurtenant to said real estate.
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<br />together with all Trustor(s) right. title and ,irtt~t in Ul<t f)l'ope'lty. now or hereafter acquired, including all buildings. fixtures, crops and
<br />Imj;lfOvements now on or hereetter placed u~=ld realprcpetty; including also all appu<<t:enances;. WIater, Irrigation. and drainage rights; and.
<br />all rents. illuee. u.... Income. profits. and rr.ghts to poaeaaion; all oil. gu. gravel. rock or o~.mlneral. 01 what.".r naturtt. .Includlng
<br />geothermal relOurces; and alf personal prope.;ty tl'lat may Integrally belong to or herearter becomeailHntegral part Of said real estate whether
<br />attached or detached, Including any .ppurt~.nc. and accoutrements of any r..idence securect ~by. and all above and below ground
<br />Irrigation equlpment anet aCl"AQOriH. and .111...... permits, licenses or privileges. appurtenant or nonappurtenant to said pren'lII8S, now or
<br />heJ'Ntter laaued. extended or rene~ by Truator(I), any State. the United States or any department, bureau. Instrumentality or agency thereof.
<br />All of which I. hereunder coI1<<;tlvely referred to as the "Trust Estate:' .
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<br />It.. UU.'.lu'..,.......1IiefWHn TftIIIor(a) and ~ that thII Truet Deed II given to MCUrr.
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<br />(a) A pro~ note or notn together with Interest thereon executed by Trustor(s) to Benefichsry and described as follows:
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<br />0... of .....
<br />December 30, 1988
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<br />PrInc:IINsI Amount
<br />'$61,000:-.0:0
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<br />0... of Hole
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<br />Prlnel.,., Amount
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<br />payable acca~;ng to the term. of said note(9}.
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<br />(b) And the r......j!'I/l"I~t' if.', ~:J by Trustor(s) of any and all tuture and additional advances which may be made by Beneficiary. at its option. a~
<br />the reQuntot.l,l:.~to Oct'forN~eaccount ot Trustor(!!). or any ofthem. for any purpose. plus interest oneil such advances. under any note(s, or
<br />othe1 in.trumer-lllS' tllcen in ,efinlncing. ellteMlng, renowing. reamortizlng or restructuring such indebtedness or any part thereof. all
<br />plyable according to tha terms of Hid note(s) or other ,"strumentls)!' DJ.QYJdftd,hOWtlVor .1!'lIlJhO Wel PfinciJ2allndebtedness outstl!.n!'!.nJl_
<br />l!ndeecu,.e!!here~.It2tanyonottm9;halln01Ei)(Cee<ilhe8umof S Y.TY-Ot~E THoo...,A.m Aim .0/100--,---------
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<br />-------------:.------:.::.::::.:------------------------------bOLLARS ($ 61,000 - OD-._ _ J.
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<br />ollclullve 01 intllrHtand oftl'le protective advanceaaulhoflzed herom or In fl18 loan agreement!s), prOVided, lurttler.that THIS PARAGRAPH
<br />SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANV AMOU~l AT ANY TIME.
<br />. W.HET~B-QR NQTl1.:iE TOlAUBlN.c.tP.AJ. JNUEalEO~ESSA80VE.l1AS B.f..EN ADIlANC.e.o.
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