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201902018
<br />Trustor: As set forth above.
<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 County(ies), Nebraska, to wit:
<br />The Southwest Quarter (SW114), in Section Thirty -Two (32), Township Ten (10)
<br />North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska, EXCEPT
<br />tract conveyed to The County of Hall, State of Nebraska in Quitclaim Deed
<br />recorded in Book 128, Page 279; AND EXCEPT Lot/, Skeen Subdivision
<br />1
<br />In addition, Trustor hereby grants to Lender a security interest in all Personal Property, and all proceeds
<br />from any sale or other disposition of the Property. The trust deed is also effective as both a financing
<br />statement filed as a fixture filing under the Uniform Commercial Code and as a security agreement under
<br />the Uniform Commercial Code and Trustor hereby consents to the filing of notices, statements or other
<br />documents in accordance with the Uniform Commercial Code as Lender may determine appropriate.
<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 />04/05/2019 $350,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time
<br />will not exceed the sum of TWO HUNDRED EIGHTY-EIGHT THOUSAND SEVEN HUNDRED TWENTY-
<br />THREE ($288,723.00), exclusive of interest and protective advances authorized herein or in any Loan
<br />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 April 1, 2044.
<br />Trustor hereby warrants that Trustor holds good and marketable title in fee simple to the above described
<br />Property, that Trustor has good and lawful authority to trust deed the same, that the Property is free and
<br />clear of all liens and encumbrances, except those set forth in a title policy or title opinion purchased by
<br />Lender and deemed acceptable by Lender, in its sole discretion, in relation to this trust deed and that
<br />Trustor will warrant and defend the Property at Trustor's expense against all claimants whomsoever.
<br />Trustor also hereby waives and relinquishes all rights of dower, homestead, distributive share, and
<br />exemption in and to the above described Real Property.
<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 all Obligations, regardless of whether Trustor is liable thereon, and all future and
<br />additional loans or advances, protective or otherwise, which may be made by Lender, at its option, at the
<br />request of, and to or for the account of Trustor, any of the parties liable under any of the Loan Documents,
<br />for any purpose, plus interest thereon, all payable according to the terms of the Loan Documents. Any
<br />Obligations secured by this trust deed shall be payable when due as set forth in the Loan Documents.
<br />This trust deed may secure more than one Loan Document.
<br />Trustor hereby assigns, transfers, and conveys to Lender all rents, issues, income, profits, royalties,
<br />bonuses, and delay moneys or other proceeds that may from time to time become due and payable under
<br />any real estate lease or under any oil, gas, gravel, rock, or other mineral lease of any kind including
<br />geothermal resources now existing or that may hereafter come into existence, covering the Property or
<br />App #: 5585405; CIF #: 139605; Note #: 3177063 276MF Legal Doc. Date: April 5, 2019
<br />FORM 5011, Trust Deed, Security Agreement and Assignment of Rents Page 3 of 9
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