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Do not wratiVIope above this file Fof rry,prones on y. <br />FOPM 5011 13 -200<I <br />RETURN TO Farm Credit Services of America, P.O. Be. 5080 Kathy Schulte <br />PREPARER: Crand Island, NE 68802 -5080 180015033276 1 5 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />In uccuNance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Star. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustorls) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />IIWe disclaim the right to designate a homestead on the propertyy described in the following Trust Deed, No part of r lwr homestead is presently, <br />or In the future will be, situated upon said real estate. lMe underefu nd that If 11we establish a homestead on any part of the real estate during the <br />time the Trust Deed Eredrunitistied and a file" on the real estate. Ilwe shall have no right to make a designation of homestead In the event of <br />a Trustee's sale. <br />Jone angwls �aro J angwls <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Date: November 22, 2004 <br />Trustor(s): <br />Gene K Gangwish and Carol J Gangwish, husband and wife <br />Mailing Address: <br />2205 Northview LN <br />Harrishurg PA 17110 -3914 <br />This Trust Deed and Assignment of Rents o made by and among the above named Trustorls) and AgriBank, FCB, "Trustee," whose mailing address <br />Is PO Be. 64949, St, Paul, Minnesota 55164 -0949, and Farm Credit Services of America PCA, "Beneficiary," whose mailing address Is PO Box <br />2409, Omaha, NE 68137, in consideration of the advance by Beneficiary of the prinmpa sum specified below, the receipt of which is hereby <br />acknowledged, Trustorls) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER Of SALE, for the benefit and security <br />of Beneflclary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the following described real estate, <br />located in Hall County(ies), State of Nebraska, and described as follows: <br />NET /4 of Section 20, Township 9 North, Range 12 West of the 6th P.M., Hall County, <br />Nebraska <br />together with all Tractor's right, title, and interest in the property, now or hereafter acquired. Including: all buildings, fixtures, crops, and <br />ove nt <br />imprmes now en er hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights: all rents, issues, uses, income, <br />Profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all persenal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or entered, including any ap urtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hares at belonging to <br />or in any way portaming to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories: and all leases, permits, licenses, or privileges, appurtenant or nonappertenant to the property, now or hereafter issued, extended or <br />renewed by Trustorls), any State, the United States, or any d apartment, bureau, instrumentality, or agency thereof. The foregoing Is collectively <br />refaned to in this document as the "property." <br />It is understood and agreed between Irrational and Beneficiary thatrus Trust Deed is given to secure the repayment in full of the following described <br />obligations, regardless of whether Mongagots) island liable thereon, and all future and additional loans or advances, protective or otherwise, which <br />may be made by Beneficiary, at its option, at the request of, and to or for the account of Trustorls), the parties liable under the note(s) or credit <br />agreementlsl, or any of them, for any purpose, plus interest thereon, all payable according to the terms of the notels), credit agreementlsl or other <br />instrumemis) modifying the same. <br />Data of Notalsl or Credit Agreements Prir I Amount a <br />T TTfS7/2iS0�— — S1�6b6. <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of FIFTY -ONE <br />THOUSAND DOALOLA X15 51SRALtNOTZONSTITUTE A COMMITMENT TO MAKE advances <br />FURTHER OR ADDITIONAL ADVANCES IN ANY AMrOUNIT AT id N <br />TIME. WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due January 01, 2012. <br />Trustogs) hereby warrants that Thailand) holds fee simple title to the above described property, that Trustorls) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all hens and encumbrances, except encumbrances of record, and that Trustorls) <br />will warrant and defend the property, at Trustorls) expense, against all claimants whomsoever. Trustorls) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trusterlsl and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, udgments, or other assessments against the property, and to pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or un�at any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />2. To Insure and keep Insured buildings and other improvements including fixtures and attachments new on or hereafter placed on the property to <br />the satisfaction of Beneficiary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payable clause to <br />Beneficiary. Any sums so received by Beneficiary may be used to pay for reconstruction of the destroyed Improvements or if not so applied may <br />Ap N: 00357687: Primary Customer ID N: 00063589; CIF p: 38220 Legal Dec. Date: November 22, 2004 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />fTl <br />rl <br />T <br />S <br />D <br />C <br />t <br />O CIE <br />(ml <br />- <br />A <br />Z <br />T <br />o <br />�_ <br />V> <br />O <br />N Z <br />N <br />O <br />Do not wratiVIope above this file Fof rry,prones on y. <br />FOPM 5011 13 -200<I <br />RETURN TO Farm Credit Services of America, P.O. Be. 5080 Kathy Schulte <br />PREPARER: Crand Island, NE 68802 -5080 180015033276 1 5 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />In uccuNance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Star. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustorls) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />IIWe disclaim the right to designate a homestead on the propertyy described in the following Trust Deed, No part of r lwr homestead is presently, <br />or In the future will be, situated upon said real estate. lMe underefu nd that If 11we establish a homestead on any part of the real estate during the <br />time the Trust Deed Eredrunitistied and a file" on the real estate. Ilwe shall have no right to make a designation of homestead In the event of <br />a Trustee's sale. <br />Jone angwls �aro J angwls <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Date: November 22, 2004 <br />Trustor(s): <br />Gene K Gangwish and Carol J Gangwish, husband and wife <br />Mailing Address: <br />2205 Northview LN <br />Harrishurg PA 17110 -3914 <br />This Trust Deed and Assignment of Rents o made by and among the above named Trustorls) and AgriBank, FCB, "Trustee," whose mailing address <br />Is PO Be. 64949, St, Paul, Minnesota 55164 -0949, and Farm Credit Services of America PCA, "Beneficiary," whose mailing address Is PO Box <br />2409, Omaha, NE 68137, in consideration of the advance by Beneficiary of the prinmpa sum specified below, the receipt of which is hereby <br />acknowledged, Trustorls) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER Of SALE, for the benefit and security <br />of Beneflclary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the following described real estate, <br />located in Hall County(ies), State of Nebraska, and described as follows: <br />NET /4 of Section 20, Township 9 North, Range 12 West of the 6th P.M., Hall County, <br />Nebraska <br />together with all Tractor's right, title, and interest in the property, now or hereafter acquired. Including: all buildings, fixtures, crops, and <br />ove nt <br />imprmes now en er hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights: all rents, issues, uses, income, <br />Profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all persenal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or entered, including any ap urtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hares at belonging to <br />or in any way portaming to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories: and all leases, permits, licenses, or privileges, appurtenant or nonappertenant to the property, now or hereafter issued, extended or <br />renewed by Trustorls), any State, the United States, or any d apartment, bureau, instrumentality, or agency thereof. The foregoing Is collectively <br />refaned to in this document as the "property." <br />It is understood and agreed between Irrational and Beneficiary thatrus Trust Deed is given to secure the repayment in full of the following described <br />obligations, regardless of whether Mongagots) island liable thereon, and all future and additional loans or advances, protective or otherwise, which <br />may be made by Beneficiary, at its option, at the request of, and to or for the account of Trustorls), the parties liable under the note(s) or credit <br />agreementlsl, or any of them, for any purpose, plus interest thereon, all payable according to the terms of the notels), credit agreementlsl or other <br />instrumemis) modifying the same. <br />Data of Notalsl or Credit Agreements Prir I Amount a <br />T TTfS7/2iS0�— — S1�6b6. <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of FIFTY -ONE <br />THOUSAND DOALOLA X15 51SRALtNOTZONSTITUTE A COMMITMENT TO MAKE advances <br />FURTHER OR ADDITIONAL ADVANCES IN ANY AMrOUNIT AT id N <br />TIME. WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due January 01, 2012. <br />Trustogs) hereby warrants that Thailand) holds fee simple title to the above described property, that Trustorls) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all hens and encumbrances, except encumbrances of record, and that Trustorls) <br />will warrant and defend the property, at Trustorls) expense, against all claimants whomsoever. Trustorls) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trusterlsl and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, udgments, or other assessments against the property, and to pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or un�at any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />2. To Insure and keep Insured buildings and other improvements including fixtures and attachments new on or hereafter placed on the property to <br />the satisfaction of Beneficiary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payable clause to <br />Beneficiary. Any sums so received by Beneficiary may be used to pay for reconstruction of the destroyed Improvements or if not so applied may <br />Ap N: 00357687: Primary Customer ID N: 00063589; CIF p: 38220 Legal Dec. Date: November 22, 2004 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />