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• <br />if_WeRe14 2 0 2 5 0 5 81 1 <br />202504022 <br />agreements <br />instrumentonsecures the following " promissory hich have been executed or agreements, sum d by the/or shared Borrower uless'ation <br />otherwise <br />agreements (collectively called ), <br />noted, are payable to the Government, and authorize acceleration of the entire debt upon any default: <br />Date of Instrument Principal Amount Annual Rate of Interest % Due DateOof Final Installment <br />07/23/2025 $ 550,570.00 <br />23/2065 cyo <br />$ <br />$ $ % <br />(The interest rate for any limited resource farm ownership or limited resource operating loans secured by this <br />instrument may be increased as provided in Government regulations and the note.) <br />By execution of this instrument, Borrower acknowledges receipt of all of the proceeds of the loan or loans evidenced <br />by the above note. <br />This instrument secures to the Government: (1) payment of the note and all extensions, renewals, and modifications <br />thereof; (2) recapture of any amount due under any Shared Appreciation Agreement entered into pursuant to <br />7 U.S.C. § 2001; (3) payment of all advances and expenditures, with interest, made by the Government; and <br />(4) the obligations and covenants of Borrower set forth in this instrument, the note, and any other loan agreements. <br />the <br />ted Farm and <br />al <br />In U.S.C.consideration1 of any seglas by ade by eGovernment the note,Borrower irrevocably rrevoocablytgrants and convysrto Development <br />Trust Trustee, netruAcst, with <br />7 .S.0§ 192I et seq. as evidenced <br />power of sale, the following described property situated in the State of Nebraska, County or Counties of: Hall <br />SEE ATTACHED "EXHIBIT A" FOR LEGAL DESCRIPTION <br />ls), <br />together with all rights (including the rights o and improvemng products, eavel, oil, gas, nts now or later attached thereto, l or other the rents, issues <br />easements, fixtures, hereditaments, appurtenances, <br />and profits thereof, revenues nndincome therefrom, o Borrower by virtue of any salel water, tleaser ehtransnfer,worecondemnation of pertaining <br />hy part and <br />all paymentst at any time owing This instrument constitutes a security agreement and <br />thereof or interest therein (collectively called "the property"). <br />financing statement under the y, Uniform <br />mmercial but not limited to proceeds and accessions, that are now or hereafter de and creates a security interest in all items which be <br />deemed to be personal property, g <br />included in, affixed, or attached to "the property." <br />Borrower COVENANTS that Borrower is <br />lawfully <br />seized of the estate hereby conveyed and has the right to grant <br />t the <br />and convey the property will defendpthe title to the property against all claims and demands,record. <br />subject to Borrower <br />warrants specifically and <br />encumbrances of record. <br />Initial ih^ _ Date "' 3 5 <br />jr 712-312--5 <br />FSA-2029 NE (05-02-24) Page 2 <br />