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202401460
<br />Omaha, NE 68103-2409
<br />Trustee:
<br />AgriBank, FCB
<br />PO Box 64949
<br />St. Paul, Minnesota 55164-0940
<br />THIS TRUST DEED SECURES ALL OBLIGATIONS OF BORROWER
<br />Defined Terms:
<br />Beneficiary: As set forth above and used interchangeably with the term Lender.
<br />Borrower: Adam J Rathman, Gwen M Rathman together with any other maker or co -maker, signer or co-
<br />signer of any Loan Document representing any Obligations secured by this trust deed.
<br />Lender: As set forth above and used interchangeably with the term Beneficiary.
<br />Loan Documents: The described notes and any and all other notes, credit agreements, security agreements,
<br />UCC financing statements, lease agreements, mortgages, deeds of trust, any other document granting a lien
<br />to secure the Obligations, and any other document or instrument executed in connection with or evidencing
<br />any Obligation (including any amendment, restatement or modification thereto).
<br />Obligations: Includes, without limitation, all credit including principal and any advances, interest and other
<br />amounts due to Lender under the Loan Documents whether or not this trust deed is specifically referred to in
<br />the evidence of debt, including without limitation, fees, costs, and expenses, together with all renewals,
<br />extensions, or refinancing of same and any future and additional loans or advances made at Lender's option
<br />to or on behalf of Borrower by Lender or under any other Loan Document for any purpose whether related or
<br />unrelated to the purpose of the original credit, including advances for the protection of the Property, all
<br />attorney fees, costs and expenses incurred by Lender to the extent permitted by law in the collection of any
<br />loan or in the enforcement or preservation of the rights of Lender in and to the Property, regardless of whether
<br />Trustor is obligated thereon as a maker or co -maker, signer or co-signer, or as a guarantor, endorser, surety
<br />or other accommodation party.
<br />Personal Property: All machinery and equipment, including but not limited to, irrigation equipment and
<br />machinery with all parts, replacement parts and accessories, and other personal property designed or used
<br />or to be used to provide water to the Real Property and/or used or useful to the operation or maintenance of
<br />such irrigation system(s), and any other personal property of any kind or nature located in or on the Real
<br />Property, regardless of whether now or hereafter attached or affixed to the Real Property; together with all
<br />accessions, parts and additions to, all replacements of and all substitutions for any of such equipment or
<br />personal property.
<br />Real Property: Together with the below legally described real estate, all existing or subsequently erected or
<br />affixed buildings, structures, improvements or fixtures; all crops, timber, timber to be cut, trees, plants, vines
<br />or other plantings; all water, water rights, including riparian rights and surface water rights, watercourses,
<br />irrigation, drainage and ditch rights; all rents, issues, uses, income, profits and royalties; all leases, permits,
<br />licenses, privileges, easements, rights of way, rights to possession; all rights in and to the lands lying in
<br />streets, alleys and roads adjoining the Real Property and appurtenances; all leases, permits, licenses, or
<br />privileges, appurtenant or non -appurtenant to the property, now or hereafter issued, extended, or renewed
<br />by Trustor, any State, the United States, or any department, bureau, instrumentality, or agency thereof; all
<br />proceeds in eminent domain, insurance payments, proceeds or refunds of premiums or any other payment
<br />or settlement relating to the Property; all oil, gas, gravel, rock, geothermal and similar resources or other
<br />mineral rights of whatever nature; and any and all other rights related to the real property.
<br />Property: Collectively the Real Property and the Personal Property, including without limitation all insurance
<br />proceeds and refunds of insurance premiums related to said Property.
<br />FORM 5011, Trust Deed and Assignment of Rents 278SK Legal Doc. Date: April 5, 2024
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