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<br />ACKNOWL1110081Ft'iA,
<br />Z= The urmderstgnad FfPeafl( a) fvereby aekrmowfecfIIes and u nc*tMN% that (a) the secu* document below to be exeouled is a Trust Creed, and not a
<br />std (b)t(tit6 P elf sate provided fa M the Trust pe arf provides substantially different rights and dAgalions b the Trustor(s) than a
<br />rtart!((aQa in twovwt'oi;itdi,(avlt:otb ach of obligation. T*Truswn(s) further represents and agrees that Ihis arflication has been read and
<br />Z , in con w* n� (lift, but Pew b. the Thus tors' ex*oution elf the foltowirig Trust Deeld.
<br />' ghis i 16th der of June ,19 Mai-Rub-Bill Holsteins, Inc..
<br />f y Nebraska Cya poration
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<br />NOWI.EhfatN e re
<br />MUST BE tfiRiNED PRIOR TO EXECUTION
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />This Trutt Dsad and Assignment of Rents referred in in the above acknowledgment Is made this 16th d y of
<br />June , 1e 89 ,byandsmong Mai-Rub-Bill Holsteins, Inc., a Nebraska
<br />Corporationjand Ruben E. Me er and o e A Vajer, haaagg.11gd wife
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<br />'Trugor(s)' whose md6g address Is ' ox a d and
<br />Farm Credit Bank of Otnaha 'Trustee," whose mailing address is
<br />206 South- 19th Street, Omaha. NE 68102 and
<br />' ; wlwse rtiNrg address 2Ct3 South tech Stress, Omaha, Nebraska 88102. in considerafon of adw>ce by SermAdery to Trustor(s) of
<br />I
<br />On; 6 co un additional. made
<br />rutbKs) gem deny* oPlon,.TOn st�s) it transfeyrs conveys assigns so o Tfu•tee UST W POWWERROOF SALE fo Ow b- sh
<br />snd sectxily of Sensfaivy. its successors and assigns, under and sub0dt to the terns and conditions of fdlis Trust Deed, the property, located In
<br />Hall County, State of Nebraska. and described as follows:
<br />a . rim Ra
<br />SW3:.S}h'Wj WJW }SE} ----------- •--------------- - - - - -- 13 i2tt QW 6th P.M.
<br />SWk (excepting therefrom a tract cc Jamd more
<br />particularly described in "Document Nay. 76- 005969,
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<br />recorded in the Register of Deeds Office Hall County,
<br />Nebraska= and excepting a tract platted as
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<br />Meierstead Second Subdivision, as shown on Plat
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<br />&7C==raea- as Document No. 88- 106G58F ..._..----- ---- _ - - - =- :.12 12N IOR 6th P:M.
<br />Together with all center plvotss.Vells, pumps, motors
<br />and equipment located on atxd,'utsgdr to irrigate said
<br />premises, and all dairy ecgulptae A, dairy facilities,
<br />harvestores, buildings, and milk proceeds, and any
<br />additions to or replacetaents''the'reof, which items axes„
<br />declared to be a part of .the deeded premises and
<br />appurtenant to said :real..: es tat e. '
<br />%godw.u4b ate Trusioes right tifM, and interest k 06 property. now or hemstlr acquired, including: all buildogs, fixtures, cope. end irnprove merits
<br />now dinar fterWNW placed upon IM property; al appurtenances. water. Irrigation, and drainage rights: all rents. issues. uses. Inoa, t*. profits. and rights
<br />tD 41 01, rock Or over mkwak of whatever nature. Indudng InlegraNy
<br />posssitslon; gas. prawn(, gaollwrmal resources: all Personal properbr that may
<br />Odong b a lw eeft beoorne an h t pW pert d the red *slat* whelher allad ed or dbawhad, lnckmdirtg any appurtenances and a000 -M V51 en+ts of ant
<br />struol u a or residence secured hereby. ate above and below ground tniighttlon equipment and acces orms: and ate Wasse. permits. limses. hrr Pimu�iegse;
<br />appurrtertarmt or rae app, rterwN b the property. now or hereafter issued, extended or renevmcl by Trusior(s), any Stab. the United Stabs. or any
<br />dspafMtMM, bterau, Nmeaurnerntafly, or agency thereof. The fangoing is collectively refered to in this document as the'pnoperty.•
<br />k M w4srslsaid ate agreed bawmets Truebr(s) and fler Idetyr that Ob Trust Deed is oven to secure:
<br />(a) Promiaaay nols(s) executed by Tntulor(s) so Bwakilery described as follows:
<br />awks ide Date of Nate Prindmbal Ammteunt
<br />June 16, 1989 $240,000.00
<br />payatmb acdordirg b the tavnms d6 tfte.not*(s), and arty addondurns to. reamortization or restructuring of the note(s).
<br />p The repsyraM in full by Tweitw(s) of any and ail future" additional bans or advances which maybe made by Beneficiary. at its option. at the ,;'
<br />request of, and to or for the account of Trustor(s) or any at- ftim, for any purpose, plus interest on all loans or advances, under any notes) or often
<br />;'
<br />inerisnert(s) rtodfyirp, refinancing. *moenri�r���y, caimlewin%, mmmortizing, or restructuring. new existing, or addl'6artal indebtedness or any part thereof,
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<br />tothelerms dfl►te o"r o:'W rsh',ament s
<br />M peyabfe a000rdrtg �!f4' )'' O; provided, however, that rig (ices/ pnc�ipel indebtedrwss outstanding"
<br />I
<br />&wow hereby at any one time will not oxosod the sum of TWO HUNDRED FORTY THOUSAND AND NO /100---------- - - - - --
<br />- :----------------- -------------- - - - - - -- -DOLLARS (i 240, 000.00 ). exclusive of Interest and protective
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<br />advance( aulhoriasd herein or in the ban mWeement(s). W&Adsd further. that THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO
<br />MAKE FURTHER ORADOMONAL ADVANCES IN ANY AMOUNT AT ANY TIME. WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS
<br />ABOVE HAS BEEN ADVANCED.
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<br />fc) The repayment in fat by Trusta(s) of ail amounts advanced by Beneficiary at its option, to or on behalf of Trustor(s) as protective advances
<br />autrorited herein. in to loan agr*ement(s). or M other instrumengs) which evidence such advances. plus interest on at* such advances, payable as
<br />piovided in the noWs), ben apre*ment(s), or other instruments)
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<br />4 The payniont in fun M e►►y and pt 00W pas', pre"r -1. or hit+410, d rem'? or conmgo -AT, dusts and 1'.3t Utters of Trustor(s) to I?eneficiary of sty naturo
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<br />tvftersd*aer
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<br />Ttwo Trust D*W wi l be duo Ju 1 ]" f QIJ or u ► the morel in full of ill sums secured hero I
<br />.. . Y ..1...._ �' _ . _ .._.. _ _._ .. Imo► ply by
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<br />7rU,tgr(i) ryr};jy 7►1Frah'.s iMm lrvsmorlell0M! lyg t:rryit) LA [o tra ttn•.s QrrSU.ti6C Prt;irorrY. Ure: Tru:•.ar( ^l r'a1 good and t3'+V*.:; 8U:)4irrry to cued ir;t Ontu^nrgr tr,o '
<br />sWro, Mat t►e 9r09'I . to ftaa *Ad daft, Of t:i harts wd en„uMSraan"$. orotryt enm Tityir.ui or rq;.ord. arO t)ha! TruL:vr(s) W:9 wi'rrtt+r (Ind av!end Ir+o property. at
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<br />er>h W Qla abavr dM4,ata0 D'::uwty
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