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<br /> 77 So.iF ighth Farce GYadft Diatrtct Pegg 1 of 2
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<br /> ACKNOWLEDGMENT
<br /> The undersigned Truslor(s) heretry acknowledges and understaruSs that (a) the security document below to be executed is a TrDeedand not a mortgage and (b)1ha power df sale p'pvided for In the Trust Dead providassut+s(antialty different rights and obfigatjto the Trustor(s) than a mortgage in the event of a default or tuorch p} obligation. The Trustvr(s) furttrer reprosenta and agrees that certification has been read anted! executed in conneclion with, but prior to, the Trustors' execution of the following Trust Deed.
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<br /> I Da! s -Aj~'27 day of _ J;A l'/ ~ ~g IN n
<br /> r ar 1Eg. l1lig L. gee
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<br /> t)E fl f= TRU3Y.
<br /> F ed DG "EggeT9"`> ►S $pCiME[lT MUST BE Stf;iMtEp PRIOR TO E7tECtiYfAN OF
<br /> i SUePz sKEENTALTRUST DEED AND ASSIGNMENT OF RENTS
<br /> This Trust Deed and Assignment of Rents referred to In the above acknaIrredgrrWnt Mee tahnd=. Eno - day
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<br /> of r a) 1 U - . by and among BOd-wiff.
<br /> Delmar R. Eggers and Caroline L. E ers, husband and wife I
<br /> "Trustor(s)", whose mailing address is Route li Elox 194, Cairo NF, 66824 and
<br /> Farm C redi L Bank of Cm ha "Trustee," whose mailing address is
<br /> 206 South 19th Street, Omaha, NE 68102 , endttre Farm Credit Bank of Omaha f
<br /> "Beneficiary". whose mailing address is 206 South 19th Street, Omaha, Nebraska 69102, Inconsideration of the advance by Beneficiary to I
<br /> Trustor(s)of the principal sumspecified below.rherecaiptof which is hereby acknowiedged,and any future. a0itionalor protective advances
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<br /> made to or on behalf of Truslor(s) of Beneficiary's option, Trustor(s) irrevocably trmisfars. conveys and assigns to Trustee, IN TRUST, WITH I
<br /> i POWER OF SALE, for the benefit and security of Beneficiary, its successors and av igns, under and subject to the terms and conditions of this I
<br /> Hall
<br /> State of Nebraska, and described as follows:
<br /> ~ Trust Deed, the real nrpperty, fixated in the County of
<br /> sac.
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<br /> ) F'=47~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - 14 12N llW 6th P.M.
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<br /> SE~NEtt -15 12N 11W 6th P.M-
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<br /> Together with all cells, pumps, gearheads and irrigation pipe located on and used to i
<br /> i irrigate said Uremises, and any additions to or replacements thereof, which items are
<br /> j declared to be a r,ar.t of the mortgaged premises and appurtenant to said real estate. i
<br /> !I~! (This is a Suppl(,mental Trust Deed and Assignment of Rents filed to supplement the
<br /> mo±tgac;e recnrde' a Instrument/Document Number (D-005250 in the real estate records
<br /> I of Hall. (-Purity, Nebraska. This Supplemental Trust Deed and Assignment of Rents is
<br /> 1 given as additional security and in consideration of the original loan, Loan No. I
<br /> 309-06-9622528 and in further consideration of, a Restructure Agreement/Continue i
<br /> dated ~ 12-$? , 1988, mod.ifyi;-g the note secured by the mortgage. Tn the
<br /> event of defaulr under the terms and conditions of the note and mortgage recorded
<br /> as Iiistruirrnt/i ocument Number 80-005250 in the real estate records of Hall County,
<br /> { Nebraska, in connection with the original loan or default under the terms and
<br /> } conditions of this Supplemental Trust Deed and Assignment of Rents, the mortgage
<br /> I may be foreclosed u Beneficiary may exercise its remedies as provided herein. I
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<br /> together with all Trustor(s) right, title and interest in said property, now or hereafter acquired, including all buildings. fixtures, crops and
<br /> Improvements now on or hereafter placed upon said real property; Including also all appurtenances, water, irrigation, and drainage rights: and
<br /> all rents, issues, uses, income, profits, and rights to, possession; ell oil, gas, gravel, rock cr other minerals of whatever nature, including
<br /> geothermal resources: and all personal property that may integrally belong to or hereafter become an integral part of said real estate whether
<br /> attached or detached, including any appurtenances and accoutrements of any residence secured hereby, and all above and below groune
<br /> irrigation equipment end accessories, and all leases, permlts, !Icenses or privileges, appurtenant or nonappurtenant to said premises, now or i
<br /> hereafter issued, extended or renewed byTrustor(s),anyState. theUnited States oranydepartment, bureau. Instrumentality oragencythereof. i
<br /> Ali of which is hereunder collectively referred to as the 'Trust Estate.' 1
<br /> It Is undareiOod end s9rred betwo*n`Trustor(s) and Serwlkiwy that this Trutt Deed is glren to secure:: +i
<br /> (a) A promissory note or notes together with interest thereon executed by Trustor(s) to Beneficiary and described as follows:
<br /> Date of Note Pr!nlpnl Amount [Tote of Nate- Principal Amount i
<br /> 09/11/80 $109,500.00**
<br /> payable according to the terms of said note(s). as modified by the Restructure Agreement/Continue I
<br /> dated 7e-~g- Fl8 - I
<br /> (b) And the repayment in full by Trustor(s) of an~A3rl~ ii3wlr naTairancRS 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 on all such advances, under any note(s) or =
<br /> other instrument(s) taken in refinancing, extending, renewing, reamortizing or restructuring such indebtedness or any part thereof, all 1
<br /> payable according to the terms of said note(s) or other instrument(s); provided, however, that the total principal Indeb;adness outstanding
<br /> and secured hereby at any onetime shall not exceed the sum of
<br /> EIGHTY EIGIJT THOUSAND TWO HUNDRED AND N01100 -----"'DOLLARS(S 88,200.00
<br /> exclusive of interest and of the protective advances authorized herein Orin the loan agreement(s): provided, further, that THIS PARAGRAPH
<br /> SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME.
<br /> i WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br /> **Original. Loan
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