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202301 551
<br />COUNTY, NEBRASKA, EXCEPTING A TRACT MORE PARTICULARLY DESCRIBED IN
<br />WARRANTY DEED RECORDED AS DOCUMENT NO. 200308650.
<br />TRACT 3: PART OF THE SOUTHEAST QUARTER (SE1/4) OF SECTION THIRTY (30),
<br />TOWNSHIP TEN (10) NORTH, RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA (SEE DEED RECORDED AS DOCUMENT NO. 201303610).
<br />The property is located in Hall County at , , Nebraska .
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br />all water and riparian rights, wells, ditches and water stock, crops, timber including timber to be
<br />cut now or at, any time in the future, all diversion payments or third party payments made to
<br />crop producers and all existing and future improvements, structures, fixtures, and replacements
<br />that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all
<br />underlying agreements have been terminated in writing by Lender.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security
<br />Instrument at any one time and from time to time will not exceed $1,500,000.00. Any
<br />limitation of amount does not include interest and other fees and charges validly made pursuant
<br />to this Security Instrument. Also, this limitation does not apply to advances made under the
<br />terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />4. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this
<br />Security Instrument will secure each of the following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings,
<br />modifications and replacements. A promissory note or other agreement, No. 40001288,
<br />dated March 31, 2023, from HUXTABLE FARMS, L.L.C., CRAIG C HUXTABLE and ANGELA
<br />M HUXTABLE (Borrower) to Lender, with a maximum credit limit of $1,100,000.00 and
<br />maturing on March 31, 2024.
<br />B. Future Advances. All future advances from Lender to HUXTABLE FARMS, L.L.C., CRAIG
<br />C HUXTABLE and ANGELA M HUXTABLE under the Specific Debts executed by
<br />HUXTABLE FARMS, L.L.C., CRAIG C HUXTABLE and ANGELA M HUXTABLE in favor of
<br />Lender after this Security Instrument. If more than one person signs this Security
<br />Instrument, each agrees that this Security Instrument will secure all future advances that are
<br />given to HUXTABLE FARMS, L.L.C., CRAIG C HUXTABLE and ANGELA M HUXTABLE
<br />either individually or with others who may not sign this Security Instrument. All future
<br />advances are secured by this Security Instrument even though all or part may not yet be
<br />advanced. All future advances are secured as if made on the date of this Security
<br />Instrument. Nothing in this Security Instrument shall constitute a commitment to make
<br />additional or future advances in any amount. Any such commitment must be agreed to in a
<br />separate writing.
<br />C. All Debts. All present and future debts from HUXTABLE FARMS, L.L.C., CRAIG C
<br />HUXTABLE and ANGELA M HUXTABLE to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this
<br />debt. If more than one person signs this Security Instrument, each agrees that it will secure
<br />debts incurred either individually or with others who may not sign this Security Instrument.
<br />Nothing in this Security Instrument constitutes a commitment to make additional or future
<br />loans or advances. Any such commitment must be in writing. This Security Instrument will
<br />not secure any debt for which a non -possessory, non -purchase money security interest is
<br />created in "household goods" in connection with a "consumer loan," as those terms are
<br />defined by federal law governing unfair and deceptive credit practices. This Security
<br />Instrument will not secure any debt for which a security interest is created in "margin stock"
<br />and Lender does not obtain a "statement of purpose," as defined and required by federal law
<br />governing securities. This Security Instrument will not secure any other debt if Lender, with
<br />respect to that other debt, fails to fulfill any necessary requirements or fails to conform to
<br />any limitations of the Truth in Lending Act (Regulation Z) or the Real Estate Settlement
<br />Procedures Act (Regulation X) that are required for loans secured by the Property.
<br />D. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of
<br />this Security Instrument.
<br />5. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when
<br />due and in accordance with the terms of the Secured Debts and this Security Instrument.
<br />6. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the
<br />estate conveyed by this Security Instrument and has the right to irrevocably grant, convey and
<br />sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the
<br />Property is unencumbered, except for encumbrances of record.
<br />HUXTABLE FARMS, L.L.C.
<br />Nebraska Deed Of Trust
<br />NE/4KWOOLERY00000000002973071N Wolters Kluwer Financial Services, Inc.°1996, 2023 Page 2
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