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nn <br />rn ' <br />TSI <br />N <br />N <br />Cu <br />rn <br />f:J <br />Return to: <br />Denise Myers <br />415 S. High Street <br />Cairo, Nebraska 68824 <br />N) <br />CD <br />ro <br />F—j <br />GD <br />CO <br />CO <br />CO <br />CD <br />zio <br />DEED OF TRUST <br />THIS DEED OF TRUST is made this f day of K/rie-l' , 2021, by and among <br />RONALD A. BIGGER and RONDA A. BIGGER, husband and wife, hereinafter collectively <br />referred to as "Trustor", whose mailing address is 908 Redwood Road, Grand Island, Nebraska <br />68803; Denise Myers, Attorney -at -Law, hereinafter referred to as "Trustee", whose mailing <br />address is 415 S. High Street, Cairo, Nebraska 68824; and RICK'S FERTILIZING, LLC, A <br />Nebraska Limited Liability Company, hereinafter referred to as "Beneficiary", whose mailing <br />address is 924 W. Oklahoma Ave., Grand Island, Nebraska 68801. <br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and assigns to <br />Trustee, in trust, with power of sale, for the benefit and security of Beneficiary, under and subject <br />to the terms and conditions of this Deed of Trust, the Trustor's interest in the following -described <br />property located in the County of Hall, Nebraska, to -wit: <br />Lot Twenty -Three (23), in Westwood Park Second Subdivision, in the City of <br />Grand Island, Hall County, Nebraska. <br />together with all improvements, fixtures and appurtenances located thereon or in any way <br />pertaining thereto, and the rents, issues, profits, reversions and the remainders thereof, including <br />all such personal property that is attached to the improvements so as to constitute a fixture, all of <br />which, including replacements and additions thereto, are hereby declared to be a part of the real <br />estate conveyed in trust hereby, it being agreed that all of the foregoing shall be hereinafter <br />collectively referred to as the "Property". <br />This Deed of Trust shall secure (a) the payment of indebtedness evidenced by Trustor's <br />note of even date herewith in the principal sum of ONE HUNDRED FORTY SEVEN <br />THOUSAND FIVE HUNDRED and NO/100 DOLLARS ($147,500.00) which has a stated <br />maturity date of April 15, 2026, and any and all modifications, extensions, and renewals thereof <br />or thereto, and any and all future advances and re -advances to Trustor hereunder pursuant to one <br />or more promissory notes or credit agreements (collectively referred to along with the note <br />described in subsection (a) of this paragraph as the "Note"); (b) the payment of other sums <br />advanced by Beneficiary to protect the security of the Note; (c) the performance of all covenants <br />and agreements of Trustor set forth herein; and (d) all present and future indebtedness and <br />obligations of Trustor to Beneficiary, whether direct, indirect, absolute, or contingent and whether <br />arising by note, guaranty, overdraft, or otherwise. The Note, this Deed of Trust, and any and all <br />other documents securing the Note or otherwise executed in connection therewith, including <br />without limitation guarantees, security agreements, and assignments of leases and rents, shall be <br />referred to herein as the "Loan Instruments". <br />To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as <br />follows: <br />1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, <br />the indebtedness evidenced by the Note, charges, fees and all other sums as provided in the Loan <br />Instruments. <br />