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Return To: Denise D. Myers
<br />P.O. Box 505
<br />Cairo, NE 68824
<br />INST 1C23 002L'9
<br />TRUST DEED
<br />CASH
<br />CHECK 69 y,a)
<br />REFUNDS:
<br />CASH
<br />i'1
<br />R ,;'E -D
<br />HALL "''TY SNE
<br />2073 JAI.' 11
<br />RTom, r�^. {EGIS E: y .� C._ {
<br />THIS DEED OF TRUST is made on January 5, 2023. The Trustor is Hadenfeldt Farms,
<br />Inc., A Nebraska Corporation, (hereinafter "Trustor"). The Trustee is Denise D. Myers, of Myers
<br />Law Office, P.C., 415 S. High St., P.O. Box 505, Cairo, Nebraska 68824, ("Trustee"). The
<br />beneficiary is Stephen J. Larson and Roberta L. Larson, husband and wife, 250 Mead Road,
<br />Dannebrog, NE 68831, (hereinafter "Lender"). Norman R. Hadenfeldt and Janice E. Hadenfeldt
<br />owe Lender the principal sum of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00).
<br />This debt is evidenced by a note, by Norman R. Hadenfeldt and Janice E. Hadenfeldt, dated the
<br />same date as this Security Instrument ("Note"), which provides for payment of principal, plus
<br />accrued interest in annual payments. The Deed of Trust (sometimes referred to herein as
<br />"security instrument") secures to Lender: (a) the repayment of the debt evidenced by the Note,
<br />and all renewals, extensions and modifications; (b) the payment of all other sums advanced under
<br />paragraph 4 to protect the security of this Security Instrument; and (c) the performance of Trustor's
<br />covenants and agreements. For this purpose, Trustor irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in Hall County, Nebraska:
<br />The West Half of the Northeast Quarter (W1/2NE1/4) of Section Sixteen (16),
<br />Township Twelve (12) North, Range Eleven (11) West of the 6th P.M., Hall County,
<br />Nebraska.
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all
<br />easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water
<br />rights and stock and all fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in
<br />this Security Instrument as the "Property".
<br />TRUSTOR COVENANTS that Trustor is lawfully seised of the estate hereby conveyed
<br />and have the right to grant and convey the Property and that the Property is unencumbered.
<br />Trustor warrants and will defend generally the title to the Property against all claims and demands,
<br />subject to any encumbrances of record.
<br />COVENANTS. Trustor and Lender covenant and agree as follows:
<br />1. Payment of Principal; Prepayment and Late Charges. Trustor shall promptly pay
<br />when due the principal on the debt evidenced by the Note and any prepayment and late charges
<br />due under the Note. Prepayment of principal or any part thereof, shall be allowed without the
<br />prior written consent of Lender.
<br />2. Charges; Liens. Trustor shall pay all real estate taxes and assessments attributable
<br />to the Property which may attain priority over this Security Instrument, and leasehold payments
<br />or ground rents, if any.
<br />Trustor shall promptly discharge any lien which has priority over this Security Instrument
<br />unless Trustor: (a) agrees in writing to the payment of the obligation secured by the lien in a
<br />manner acceptable to Lenders; (b) contests in good faith the lien by, or defend against
<br />enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the
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