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Trustee: As set forth above.
<br />Trustor: As set forth above.
<br />TRACT A:
<br />The North Half of the Northeast Quarter (N '/ NE 1/4) of Section Seven (7),
<br />Township Twelve (12) North, Range Eleven (11) West of the 6th P.M., Hall County,
<br />Nebraska; and
<br />The South Half of the Northeast Quarter (S 1/2 NE %) of Section Seven (7),
<br />Township Twelve (12) North, Range Eleven (11) West of the 6th P.M., excepting
<br />therefrom Lot 1, Marion Subdivision, Hall County, Nebraska, and EXCEPTING a
<br />tract of land located in part of the South Half of the Northeast Quarter (S 1/2 NE 1/4)
<br />of Section Seven (7), Township Twelve (12) North, Range Eleven (11) West of the
<br />6th P.M., Hall County, Nebraska, and more particularly described as follows:
<br />Commencing at the East Quarter (E1/4) corner of Section 12- T12N -R11W, said
<br />point being the point of beginning; thence on an assumed bearing of N89 °55'10 "W,
<br />along the south line of the Northeast Quarter (NE 1/4), a distance of 2639.01 feet to
<br />a point being the center quarter (C1/4) corner of Section 7; thence N01 °09'56 "W,
<br />along the west line of said NE 1/4, a distance of 620.00 feet; thence N89 °29'22 "E,
<br />a distance of 2639.00 feet to the east line of said NE 1/4; thence S01 °07'34 "E, along
<br />said east line, a distance of 647.22 feet to the point of beginning.
<br />201803582
<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 />TRACT B:
<br />The Southeast Quarter (SE 1/4) of Section Five (5), Township Twelve (12) North,
<br />Range Twelve (12) West of the 6th P.M., Hall County, Nebraska.
<br />In addition, Trustor hereby grants to Lender a Uniform Commercial Code security interest in all Personal
<br />Property; and all proceeds from any sale or other disposition of the Property. The trust deed is also
<br />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 />Date of Note(s) or other Loan Document(s) Principal Amount
<br />06/04/2018 $400,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time
<br />will not exceed the sum of FOUR HUNDRED THOUSAND ($400,000.00), exclusive of interest and
<br />protective advances authorized herein or in any Loan Document and such other 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 June 1, 2033.
<br />App #: 5537782; CIF #: 105448; Note #: 3142615 202EA Legal Doc. Date: June 4, 2018
<br />FORM 5011, Trust Deed and Assignment of Rents Page 3 of 9
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