Lot One (1) on Island, in Section Twenty -Five (25), Township Nine (9) North, Range
<br />Twelve (12), West of the 6th P.M., in Hall County, Nebraska, together with any
<br />accretion ground thereto; EXCEPTING a certain one -half acre tract conveyed to School
<br />District No. 20 of Hall County, Nebraska, and more particularly described as
<br />follows: Commencing at the Southwest Corner of the Northeast Quarter of the
<br />Southeast Quarter (NE1 /4SE1 /4), Section Twenty -Four (24) in Township Nine (9), Range
<br />Twelve (12), West of the 6th P.M., running due North then Ten (10) rods; thence East
<br />Eight (8) rods; thence South Ten (10) rods; thence West to the point of beginning;
<br />Lots Two (2), Three (3), Four (4) and Five (5) on Island and Southeast Quarter of
<br />the Northwest Quarter (SE1 /4NW1/4), all in Section Nineteen (19), Township Nine (9)
<br />North, Range Eleven (11), West of the 6th P.M., in Hall County, Nebraska
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br />improvements now on or 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 personal property
<br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br />or in any way pertaining 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 nonappurtenant to the property, now or hereafter issued, extended or
<br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br />referred to in this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described
<br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at
<br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms
<br />of the note(s) or other instrument(s) modifying the same.
<br />Date of Note Principal Amount
<br />11/26/2001 1,000,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of ONE MILLION
<br />DOLLARS, IS 1,000,000
<br />.00), exclusive of interest and protective advances authorized herein or in the loan agreement(s); provided further, that THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br />WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due January 01, 2024.
<br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to
<br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s)
<br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all
<br />rights of dower, homestead, distributive share, and exemption in and to the above described property.
<br />THIS IS A SUPPLEMENTAL TRUST DEED AND ASSIGNMENT OF RENTS filed to supplement the Trust Deed(s) and Assignment of Rents or Real
<br />Estate Mortgage(s) identified below. In the event of default in any of the provisions of the original trust deed and note(s) described
<br />herein, or in any of the terms of this Trust Deed, the Trustee and Beneficiary named herei
<br />n may exercise all available remedies.
<br />This Trust Deed and Assignment of Rents is given in consideration of:
<br />Ap #: 00317564; Primary Customer ID #: 00053386; CIF #: 69001 Legal Doc. Date: August 18, 2003
<br />FORM 5011 -S, Supplemental Trust Deed and Assignment of Rents Page 1
<br />- M _ >
<br />I n CA
<br />C) cn
<br />—may
<br />C) �. r�•\ rJ'
<br />cz cz
<br />Pte{"
<br />n c') "<
<br />1
<br />-< o
<br />C].
<br />o>
<br />rn
<br />W(n
<br />°
<br />M
<br />Cn
<br />r �
<br />i--
<br />H—
<br />cn
<br />�c
<br />c
<br />200312840
<br />�v
<br />a�
<br />Do not write /type above this line. For riling only.
<br />z
<br />purposes
<br />FORM 5011
<br />-S (1 -2003) C
<br />n &Al�_
<br />RETURN TO Farm Credit Services of America, P.O. Box 5080 bolandert
<br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276
<br />Farm Credit Services of America
<br />SUPPLEMENTAL TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />WBW FAMILY LIMITED PARTNERSHIP, a Partnership
<br />Mailing Address:
<br />P O BOX 1902
<br />GRAND ISLAND NE 68802 -1902
<br />This Trust Deed and Assignment of Rents is made August 18, 2003, by and among the above named Trustor(s) and AgriBank, FCB,
<br />"Trustee,"
<br />whose mailing address is PO Box 64949, St. Paul, Minnesota 55164 -0949, and Farm Credit Services of America, FLCA,
<br />"Beneficiary," whose
<br />mailing address is 5015 S 1 18th St; PO Box 2409, Omaha. NE 68103 -2409 in consideration of the advance by Beneficiary
<br />of the principal
<br />sum
<br />specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms
<br />and conditions of
<br />this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />Lots Four (4), Five (5) and Six (6) on Island and the Northeast Quarter of the
<br />Southeast Quarter (NE1 /4SE1/4), all in Section Twenty -Four (24), Township Nine (9)
<br />North, Range Twelve (12), West of the 6th P.M., in Hall County, Nebraska
<br />Lot One (1) on Island, in Section Twenty -Five (25), Township Nine (9) North, Range
<br />Twelve (12), West of the 6th P.M., in Hall County, Nebraska, together with any
<br />accretion ground thereto; EXCEPTING a certain one -half acre tract conveyed to School
<br />District No. 20 of Hall County, Nebraska, and more particularly described as
<br />follows: Commencing at the Southwest Corner of the Northeast Quarter of the
<br />Southeast Quarter (NE1 /4SE1 /4), Section Twenty -Four (24) in Township Nine (9), Range
<br />Twelve (12), West of the 6th P.M., running due North then Ten (10) rods; thence East
<br />Eight (8) rods; thence South Ten (10) rods; thence West to the point of beginning;
<br />Lots Two (2), Three (3), Four (4) and Five (5) on Island and Southeast Quarter of
<br />the Northwest Quarter (SE1 /4NW1/4), all in Section Nineteen (19), Township Nine (9)
<br />North, Range Eleven (11), West of the 6th P.M., in Hall County, Nebraska
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br />improvements now on or 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 personal property
<br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br />or in any way pertaining 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 nonappurtenant to the property, now or hereafter issued, extended or
<br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br />referred to in this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described
<br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at
<br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms
<br />of the note(s) or other instrument(s) modifying the same.
<br />Date of Note Principal Amount
<br />11/26/2001 1,000,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of ONE MILLION
<br />DOLLARS, IS 1,000,000
<br />.00), exclusive of interest and protective advances authorized herein or in the loan agreement(s); provided further, that THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br />WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due January 01, 2024.
<br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to
<br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s)
<br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all
<br />rights of dower, homestead, distributive share, and exemption in and to the above described property.
<br />THIS IS A SUPPLEMENTAL TRUST DEED AND ASSIGNMENT OF RENTS filed to supplement the Trust Deed(s) and Assignment of Rents or Real
<br />Estate Mortgage(s) identified below. In the event of default in any of the provisions of the original trust deed and note(s) described
<br />herein, or in any of the terms of this Trust Deed, the Trustee and Beneficiary named herei
<br />n may exercise all available remedies.
<br />This Trust Deed and Assignment of Rents is given in consideration of:
<br />Ap #: 00317564; Primary Customer ID #: 00053386; CIF #: 69001 Legal Doc. Date: August 18, 2003
<br />FORM 5011 -S, Supplemental Trust Deed and Assignment of Rents Page 1
<br />
|