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<br />Return to: • Denise Myers
<br />IV 411 S. High Street
<br />Cairo, Nebraska 68824
<br />DEED OF TRUST
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<br />THIS DEED OF TRUST is made this /7 day of January, 2022, by and among R -Squared
<br />Farms, LLC, a Nebraska Limited Liability Company, with an address of 2511 East White Cloud
<br />Road, Grand Island, NE 68801, hereinafter referred to as "Trustor"; and Denise Myers, Attorney -
<br />at -Law, hereinafter referred to as "Trustee", whose mailing address is 415 S. High Street, P.O. Box
<br />505, Cairo, Nebraska 68824; and Steven A. Rauert, 4522 West Prairie Road, Grand Island, NE
<br />68803, hereinafter referred to as "Beneficiary".
<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, State of Nebraska, to -wit:
<br />The Northeast Quarter (NE1/4) and the Northwest Quarter of the Southeast Quarter
<br />(NW1/4SE1/4) and the North Half of the Northeast Quarter of the Southeast
<br />Quarter (N 1 /2NE 1 /4SE 1 /4), all in Section Twenty -Seven (27), Township Twelve
<br />(12) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska, except
<br />parcels listed in Book 86, Page 306; Book 86, Page 373; and Book 86, Page 583.
<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 Promissory
<br />notes of even date herewith in the principal sum of SIX HUNDRED THOUSAND and NO/100
<br />DOLLARS ($600,000.00) owed by Jason Rauert to Steven Rauert, which debt has a stated
<br />maturity date of March 1, 2042, 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 the
<br />promissory notes; (b) the payment of other sums advanced by Beneficiary to protect the security
<br />of the Notes; (d) the performance of all covenants and agreements of Trustor set forth herein; and
<br />(e) all present and future indebtedness and obligations of Trustor to Beneficiary, whether direct,
<br />indirect, absolute, or contingent and whether arising by note, guaranty, overdraft, or otherwise.
<br />The Notes, this Deed of Trust, and any and all other documents securing the Notes or otherwise
<br />executed in connection therewith, including without limitation guarantees, security agreements,
<br />and assignments of leases and rents, shall be 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 Notes, charges, fees and all other sums as provided in the Loan
<br />Instruments.
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