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202010315
<br />This instrument secures the following promissory notes, assumption agreements, and/or shared appreciation
<br />agreements (collectively called "note"), which have been executed or assumed by the Borrower unless otherwise
<br />noted, are payable to the Government, and authorize acceleration of the entire debt upon any default:
<br />Date of Instrument Principal Amount Annual Rate of Interest Due Date of Final Installment
<br />12-30-2020 $ 533,900.00 2.375 % 12-30-2060
<br />(The interest rate for any limited resource farm ownership or limited resource operating loans secured by this
<br />instrument may be increased as provided in Government regulations and the note.)
<br />By execution of this instrument, Borrower acknowledges receipt of all of the proceeds of the loan or loans evidenced
<br />by the above note.
<br />This instrument secures to the Government: (1) payment of the note and all extensions, renewals, and modifications
<br />thereof; (2) recapture of any amount due under any Shared Appreciation Agreement entered into pursuant to
<br />7 U.S.C. § 2001; (3) payment of all advances and expenditures, with interest, made by the Government; and
<br />(4) the obligations and covenants of Borrower set forth in this instrument, the note, and any other loan agreements.
<br />In consideration of any loan made by the Government under the Consolidated Farm and Rural Development Act,
<br />7 U.S.C. § 1921 et. seq. as evidenced by the note, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property situated in the State of Nebraska, County or Counties of: HALL
<br />A TRACT OF LAND COMPRISING A PART OF TES SE 1/4 OF THE SW 2/4 OF
<br />SECTION 27, TOWNSHIP 22 NOR2H, RAID 9 WEST OF THE 62H P. M. , HALL
<br />COUNTY, NEBRASXA AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: FIRST 30
<br />ASCERTAIN THE POINT OF BEGINNING, START AT THE SW CORNER OF SAID SS 1/4
<br />OF THE SW 1/4; THENCE NORTHERLY ALONG AND UPON THE WEST LINE OF SAID SE
<br />1/4 OF THE SW 2/4, A DISTANCE OF 67.02 FEST TO A zoom? ON THE NORTHERLY
<br />RIGHT OF WAY LINE OF U.S. HIGHWAY NO. 34, SAID POINT ALSO BEING THS
<br />ACTUAL POINT OF BEGINNING; VICE CONTINUING NORTHERLY, ALONG AND UPON
<br />THE LAST DESCRIBED COURSE, A DISTANCE OF 589.78 FEE? TO THE SW CORNER
<br />OF THE NW 1/4 OF THE SE 1/4 OF THE SW 1/4; THENCE EASTERLY PARALLEL
<br />WITH THE SOtirH LINE OF SAID SE 1/4 OF THE SW 1/4, A DISTANCE OF 647.0
<br />FEET; THENCE DEFLECTING RIGHT 89°53' AND RUNNING SOUTHERLY, A DISTANCE
<br />OF 281.8 FEET TO A POINT WHICH IS 640.08 FEET EAST OF THE WEST LINE OF
<br />SAID SE 2/4 OF THE SW 1/4 AS MEASURED ALONG AND UPON A LINE PARALLEL
<br />WITH THE SOUTH LINE OF SAID SE 1/4 OF THE SW 1/4, SAID POINT ALSO BEING
<br />THE NW CORNER OF A TRACT RECORDED AND DESCRIBED IN DEED BOOM 252, PAGE
<br />542, HALL COVN?Y REGISTER OF DEEDS OFFICE; THENCE SOUTHERLY ALONG AND
<br />UPON THE WEST LINE OF SAID TRACT DESCRIBED IN DEED BOOM 152, PAGE 542,
<br />A DISTANCE OF 314.98 FEST TO A POINT ON 7112 ZORTHERLY RIGHT OF KAY LINE
<br />OF U.S. HIGHWAY NO. 34, SAID P01712' BEING 60.02 FEST NORTH OF THE SOUTH
<br />LINE OF SAID SE 1/4 OF THE SW 1/4; THENCE WESTERLY ALONG AND UPON SAID
<br />NORTHERLY RIGHT OF WAY LINE, A DISTANCE OF 212.09 FEE? TO A POINT WHICH
<br />IS 56.0 FEE? NORTH OF THE SOUTH LINE OF SAID SE 1/4 OF ?H8 SIV 1/43
<br />THENCE CONTINUING WESTERLY, ALONG AND UPON SAID NORTHERLY RIGHT OF WAY
<br />LINE, A DISTANCE OF 430.2 P552' 4O THE ACTUAL POINT OF BEGINNING
<br />together with all rights (including the rights to mining products, gravel, oil, gas, coal or other minerals), interests,
<br />easements, fixtures, hereditaments, appurtenances, and improvements now or later attached thereto, the rents, issues
<br />and profits thereof, revenues and income therefrom, all water, water rights, and water stock pertaining thereto, and
<br />all payments at any time owing to Borrower by virtue of any sale, lease, transfer, or condemnation of any part
<br />thereof or interest therein (collectively called "the property"). This instrument constitutes a security agreement and
<br />financing statement under the Uniform Commercial Code and creates a security interest in all items which may be
<br />deemed to be personal property, including but not limited to proceeds and accessions, that are now or hereafter
<br />included in, affixed, or attached to "the property."
<br />Borrower COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the property and that the property is unencumbered, except for encumbrances of record. Borrower
<br />warrants specifically and will defend the title to the property against all claims and demands, subject to any
<br />encumbrances of record.
<br />Date I -3o -dsoZJi
<br />/21,3)/ 0 Z(-)
<br />FSA -2029 NE (11-06-12) Page 2
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