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202101460
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2/22/2021 4:07:23 PM
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2/22/2021 4:07:23 PM
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DEEDS
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202101460
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202101460 <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 />02/19/2021 $ 107,500.00 2.5 % 02/19/2061 <br />$ % <br />$ % <br />$ % <br />$ % <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. seg. 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: <br />HALL; <br />MARTIN TWP PT S1/2 SE1/4 SW1/4 35-9-12 21.84 AC +/- See Attached Exhibit A For legal. <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 />Initial <br />2-19-4021 <br />Date d.. -1q "al FSA -2029 NE (11-06-12) Page 2 <br />
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