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Do not write /type above this line. For riling purposes only. <br />FORM 5011 (9 -2000) <br />RETURN TO Farm Credit Services of America, P.O. Box 5080 APRIL B. TUREK <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />C� <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />I /We disclaim the right to designate a homestead on the property described in the following Trust Deed. No part of my /our homestead is presently, <br />or in the future will be, situated upon said real estate. I /We understand that if I /we establish a homestead on any part of the real estate during the <br />time the Trust Deed remains unsatisfied and a lien on the real estate, I /we shall have no right to make a designation of homestead in the event of <br />4r aT,stee's sale. <br />PHA NNA HAR ER <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />BERNARD C HARDERS and DONNA M HARDERS, husband and wife <br />Mailing Address: <br />11644 W OLD POTASH HWY <br />WOOD RIVER NE 68883 -0000 <br />This Trust Deed and Assignment of Rents is made November 09 2000, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," <br />whose mailing address is PO Box TAF -05, Spokane, as ington 20 -4005, and Farm Credit Services of America FLCA, "Beneficiary," whose <br />mailing address is 206 S 19th Street, Omaha NE 68102 -1745 in consideration of the advance by Beneficiary of the principal sum specified below, <br />the receipt of whir is hereby acknowledged, rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, <br />for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />S1 /2 SE1 /4 S -16, T -1 1 N, R -1 1 W of the 6th P.M., EXCEPT a tract of land more <br />particularly described in Warranty Deed filed as Document No. 77- 001652. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and <br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, <br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Princi al Amount <br />aa(i <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of FIFTY -ONE <br />THOUSAND DOLLARS ($ 51 000.00), exclusive of interest and protective advances authorized herein or in the loan agreement(s); provi a urt er, <br />that CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY <br />TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due July 01, 2015. <br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) <br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trustor(s) and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, judgments, or other assessments against the property, and to Pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or under any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />2. To insure and keep insured buildings and other improvements including fixtures and attachments now on or hereafter placed on the property to <br />the satisfaction of Beneficiary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payable clause to <br />Beneficiary. Any sums so received by Beneficiary may be used to pay for reconstruction of the destroyed improvements or if not so applied may <br />be applied, at the option of Beneficiary, in payment of any indebtedness matured or unmatured secured by this Trust Deed. Such insurance will be <br />in an amount at least equal to the lesser of the loan balance, the actual cash value of the collateral, or the replacement cost of the property, and <br />will at a minimum, cover losses caused by fire, lightning, explosion, riot, aircraft, vehicles, vandalism, civil commotion, smoke, windstorm, and hail. <br />Ap #: 00203301; Primary Customer ID #: 00085881; CIF #: 90553 Legal Doc. Date: November 09, 2000 <br />m <br />^ <br />C� <br />nr <br />w <br />-n <br />= <br />u <br />'� <br />V1 <br />C3 <br />o <br />z <br />o <br />%n <br />m U <br />rn <br />'TJ <br />D LID <br />r- <br />O <br />CD <br />cn <br />N <br />N <br />O <br />x <br />209069906 <br />00 <br />Do not write /type above this line. For riling purposes only. <br />FORM 5011 (9 -2000) <br />RETURN TO Farm Credit Services of America, P.O. Box 5080 APRIL B. TUREK <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />C� <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />I /We disclaim the right to designate a homestead on the property described in the following Trust Deed. No part of my /our homestead is presently, <br />or in the future will be, situated upon said real estate. I /We understand that if I /we establish a homestead on any part of the real estate during the <br />time the Trust Deed remains unsatisfied and a lien on the real estate, I /we shall have no right to make a designation of homestead in the event of <br />4r aT,stee's sale. <br />PHA NNA HAR ER <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />BERNARD C HARDERS and DONNA M HARDERS, husband and wife <br />Mailing Address: <br />11644 W OLD POTASH HWY <br />WOOD RIVER NE 68883 -0000 <br />This Trust Deed and Assignment of Rents is made November 09 2000, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," <br />whose mailing address is PO Box TAF -05, Spokane, as ington 20 -4005, and Farm Credit Services of America FLCA, "Beneficiary," whose <br />mailing address is 206 S 19th Street, Omaha NE 68102 -1745 in consideration of the advance by Beneficiary of the principal sum specified below, <br />the receipt of whir is hereby acknowledged, rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, <br />for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />S1 /2 SE1 /4 S -16, T -1 1 N, R -1 1 W of the 6th P.M., EXCEPT a tract of land more <br />particularly described in Warranty Deed filed as Document No. 77- 001652. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and <br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, <br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Princi al Amount <br />aa(i <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of FIFTY -ONE <br />THOUSAND DOLLARS ($ 51 000.00), exclusive of interest and protective advances authorized herein or in the loan agreement(s); provi a urt er, <br />that CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY <br />TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due July 01, 2015. <br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) <br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trustor(s) and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, judgments, or other assessments against the property, and to Pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or under any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />2. To insure and keep insured buildings and other improvements including fixtures and attachments now on or hereafter placed on the property to <br />the satisfaction of Beneficiary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payable clause to <br />Beneficiary. Any sums so received by Beneficiary may be used to pay for reconstruction of the destroyed improvements or if not so applied may <br />be applied, at the option of Beneficiary, in payment of any indebtedness matured or unmatured secured by this Trust Deed. Such insurance will be <br />in an amount at least equal to the lesser of the loan balance, the actual cash value of the collateral, or the replacement cost of the property, and <br />will at a minimum, cover losses caused by fire, lightning, explosion, riot, aircraft, vehicles, vandalism, civil commotion, smoke, windstorm, and hail. <br />Ap #: 00203301; Primary Customer ID #: 00085881; CIF #: 90553 Legal Doc. Date: November 09, 2000 <br />