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200508802
<br />The South Half of the Northwest Quarter (S1/2NW1/4) of Section Twenty Five (25), Township Ten (10)
<br />North, Range Twelve (12), West of the 6th P.M., Hall County, Nebraska excepting Railroad Right of
<br />Way and a tract more particularly described in Book 158, Page 250
<br />Parcel 2: The South Half of the South Half of the Northeast Quarter (S1/2S1/2NE1/4) and The
<br />Southeast Quarter (SE1 /4) of Section Twenty Five (25), Township Ten (10) North, Range Twelve (12),
<br />West of the 6th P.M., Hall County, Nebraska excepting a certain tract more particularly described in
<br />Book 78, Page 270
<br />Parcel 3: The North Half of the South Half of the Northeast Quarter (N1/2S1/2NE1/4) of Section
<br />Twenty -Five (25), Township Ten (10) North, Range Twelve (12) West of the 6th P.M., Hall County,
<br />Nebraska excepting a certain tract more particularly described in Book 79, Page 573
<br />Parcel 4: The East Half of the Southeast Quarter (E1/2SE1/4) of Section Twenty -seven (27), Township
<br />Ten (10) North, Range Twelve (12) West of the 6th P.M., Hall County, Nebraska .
<br />Parcel 5: The East Half of the Southwest Quarter (E1 /2SW1/4) of Section Three (3), Township Eleven
<br />(11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska excepting therefrom tracts of
<br />land more particularly described in plat of North Fork Subdivision recorded as Document No. 86-
<br />102771, plat of North Fork Second Subdivision recorded as Document No. 200403415 and Trustee's
<br />deed recorded as Document No. 86- 104747.
<br />Parcel 6: The West Half of the Southwwest Quarter (W1/2SW1/4) of Section Three (3), Township
<br />Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska excepting therefrom
<br />tracts of land more particularly described in Warranty Deed recorded as Document No. 77- 001779 and
<br />plat of North Fork West Subdivision recorded as Document No. 200309469.
<br />Parcel 7: A tract of land comprising a part of the Southwest Quarter (SW1 /4) of Section Twenty Five
<br />(25), Township Ten (10) North, Range Twelve (12) West of the 6th P.M., Hall County, Nebraska and
<br />more particularly described as follows: Beginning at the southeast corner of said Southwest Quarter
<br />(SW1 /4); thence running westerly along and upon the south line of said Southwest Quarter (SW1 /4), a
<br />distance of One Thousand Two Hundred Sixty and Forty Three One Hundredths (1,260.43) feet; thence
<br />deflecting right 88° 32' 39" and running northwesterly, a distance of One Thousand Forty -Five and
<br />Sixty -Nine One Hundredths (1,045.69) feet; thence deflecting right 600 35' 12" and running
<br />northeasterly a distance of One Hundred Two and One One Hundredths (102.01) feet; thence
<br />deflecting left and running northerly parallel with the west line of said Southwest Quarter (SW1 /4), a
<br />distance of One Thousand Five Hundred Thirty -Nine (1,539.0) feet to a point on the north line of said
<br />Southwest Quarter (SW1 /4); thence deflecting right and running easterly, along and upon the north line
<br />of said Southwest. Quarter (SW1 /4), a distance of One Thousand Two Hundred and Seventy -One One
<br />Hundredths (1,200.71) feet to the northeast corner of said Southwest Quarter (SW1 /4); thence
<br />deflecting right and running southerly along and upon the east line of said Southwest Quarter (SW1 /4),
<br />a distance of Two Thousand Six Hundred Thirty -Eight and Eleven One Hundredths (2,638.11) feet to
<br />the point of beginning.
<br />Parcel 8: The West Half of the Northeast Quarter (W1/2NE1/4) of Section Thirty Five (35), Township
<br />Ten (10), North , Range Twelve (12), West of the 6th P.M., Hall County, Nebraska.
<br />Parcel 9: The South Half of the Southeast Quarter (S 1/2 SE 1/4) of Section Twenty -six (26), Township
<br />Ten (10) North, Range Twelve (12), West of the 6th P.M., Hall County, Nebraska
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, crops, and improvements now on or hereafter placed upon the property; all
<br />appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, profits, and rights
<br />to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal
<br />resources; all personal property that may integrally belong to or hereafter become an integral part of the
<br />real estate whether attached or detached, including any appurtenances and accoutrements of any
<br />structure or residence secured hereby; easements and other rights and interests now or at any time
<br />hereafter belonging to or in any way pertaining to the property, whether or not specifically described
<br />herein; all above and below ground irrigation equipment and accessories; and all leases, permits,
<br />licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued,
<br />extended or renewed by Trustor(s), any State, the United States, or any department, bureau,
<br />instrumentality, or agency thereof. The foregoing is collectively referred to in this document as the
<br />"property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure
<br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are)
<br />liable thereon, and all future and additional loans or advances, protective or otherwise, which may be
<br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties
<br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon,
<br />all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) modifying
<br />the same.
<br />Date of Note Principal Amount_
<br />08/24/2005 1,400,000-00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br />time will not exceed the sum of ONE MILLION FOUR HUNDRED THOUSAND, ($1 4000.00),
<br />App #: 28286; CIF #: 132145; Note #: 201 220Ek Legal Doc. Date: August 24, 2005
<br />FORM 5011, Trust Deed and Assignment of Rents Page 2
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