|
<br />Elahlh Farm Cradll DI'lrlc~ 88- 105'4 S 5 ~~,d,"~'; iHilJ,!;"
<br />
<br />I
<br />ACKNOWLEOGMENT
<br />The undorslgnod Trustor(s) horeby Ilcknowlodges and undorstands thelia) tho socurlty document bolow 10 bo oxecuted Is 8 Trust
<br />Deod. and nol a mortgage Rnd (b) the power 01 sale provldod for in tho Trust ODed providos sublStantially differenl rlghtund obllgatlana
<br />10 the Trustorls) than a mortgage In tho ovent of 8 delault or breach 01 obligatIon. Tho Trustorls) lurthor ropresents and agrees that this
<br />cortlfica.llon hilS been read and ex~cuted In connection with. but prIor to. tho Truslors' execution ollho following Trust Deed.
<br />O'-'o<l:hl.~d~1lr ,f(...lo~~r; "e Jl.IL
<br />1"-, ,,_I...I f } "1; -II
<br />Donald D, Rainforth '
<br />
<br />-::: :::~
<br />
<br />THIS ACKNOWLEDGMENT MUST BE SIGNED PRIOR TO EXECUTION OF DEED OF mUST.
<br />
<br />':TRUST DEED AND ASSIGNMENT OF RENTS
<br />
<br />This Trust Deed and Assignment 01 Aenta referred to In the above acknowledgment is made this /:2 day
<br />0' Dc/oher "e.8lL-, byand8mong Donald D. Rainforth (aka D. Dean
<br />
<br />Rainforth)
<br />
<br />"Tn.lIstor(II)", whose mailing address Is lhlr:ll
<br />Farm Credit Bank of Omaha
<br />
<br />Rn11f"P ?
<br />
<br />Rmr RI
<br />
<br />lJnnn RivP:T. NF.
<br />
<br />68881
<br />
<br />and
<br />
<br />"Trustee," whose moiling address Is
<br />
<br />206 South 19th Street, Omaha, NE 68l02,8nd~Farm Credit Bank of Omaha ,
<br />
<br />"Beneficiary", whose mailing address is 206 South 19th Streel. Omaha, Nebraska 68102, in consideration of the advance by Beneficiary to
<br />Trustor(s) of the principal sum specified below, the receipt of which is hereby acknowledged, and any future, additional or protective advances
<br />made 10 or on behalf 01 Truslor(s) at Beneficiary's opllon, Trustorls) Irreyocably transfers, convoys and assigns to Trustee, IN TRUST, WITH
<br />POWER OFSALE, forthe benefl~and security of BenefiCiary, liS successors and assigns, under and subject to the terms and conditions of this
<br />
<br />Trust Deed, the real property, located in the County of _____.__~
<br />
<br />, State of Nebraska, and described as follows:
<br />~f!!!:.. ~ ..!!i;
<br />
<br />W 1/2 and 5E 1/4 (except 2.73 acres more or less. conveyed by deed
<br />recorded in Book 146.Page 337. and except 1.582 acres, more or less,
<br />conveyed by deed recorded in Book 172. Page 319---29 9N llW
<br />
<br />(except a tract of land comprising of a part of the NE 1/4 SE 1/4 of
<br />Section 29 Township 9. Range 1lW of the 6th P.M. Hall County, Nebraska.
<br />more particularly described as follows: Beginning at a point on the
<br />North line of said SE 1/4; said point being 371.00 feet west of the
<br />Northeast Corner of said SE 1/4; thence N89036'00" W for 124.00 feet
<br />along the North Line of said SE 1/4: thence S0054'OO"W for 437.70
<br />feet; thence S61040'15" E for 249.45 feet; thence 585 54'10" E for
<br />241.25 feet to a point on the West R.O.W. line of Highway No. 11;
<br />thence N80036'14" W for 185.59 feet; thence N4S048'OO" W for 185.82
<br />feet; thence N1048'27" W for 412.85 feet to the point of beginning
<br />(Containing 1.71S acres)
<br />
<br />Together with all pivots. wells, pumps, motors. and equipment located
<br />on and used to irrigate said premises, and any additions to or
<br />replacements thereof, which items are declared to be a part of the
<br />mortgaged premises and appurtenant to said real estate.
<br />
<br />together with all Trustorls) right, title al'ld 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. Iuues, uses, Income. profits, and rights to possession; all all, gas. gravel. rock or other minerals of whatever nature. lncludlng
<br />geothermal rOlourc8l; 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 ot any residence secured hereby, and all above and below ground
<br />Irrigalion equipment and acceaaories. and allleaaes. permits. licenses or privileges, appurtenant or nonappurtenant to said premlaes, now or
<br />hereaft.r IsauR. extended or renewed byTrustorfs), eny State, the United States or anydepBrtment, bureau. instrumentality or agency Ihereot
<br />All of which I. hereunder colleclively referred to as the "Trust Estate."
<br />
<br />II .. ............ and..... betwrMn Truator(e) end ......1IcI.-y IMI thl. Truel Deed I. glnn to HCUrr.
<br />
<br />(81 A. promiuory note or notes together with interest thereon executed by Trustor(lS) 10 Beneficiary and described a:l followa
<br />
<br />Dolo 01_
<br />
<br />Prtnclpal "-I
<br />324.500.00*
<br />
<br />O.t. 01 Nota
<br />
<br />Prlncfpal Amount
<br />
<br />April 20. ]978
<br />
<br />payable according to the terms 01 &aId notels). as modified by Rest ructure Agreement/Continue dated
<br />~O-/~- \l'1!
<br />(b) And the repayment In full by Truslor(a) ot any and all futur.and addillonal adyancelS which mav be made by Benefic ary,lI lis option, 01
<br />therequnl ol,andtoorfortheaccount atTrustor(a), orany ofthem, lor any purpose. plUll Intere.st on all such advances, under any note(lS) or
<br />olMr Inllrumenl(s) laken in reUnandng, exlendlng, renewing, reamortlzlng Of restructuring such indebtednesll or any part Ihemof. all
<br />
<br />~~~a=u-,:o~::g;O.~h.".,~:: ~~i:~t~~~) ::=:~:a~:':nm:~11~rtf~vI~M&'k~ert~1 '~lm'SRWlfI~~e'~~MYI1,~
<br />
<br />EIGHT AND 67!JOO-----------------------n-------=.- OOLLARS IS 5.lQ..!lbJl..bl I
<br />eaclus,not Inl.,..tlJnd of the protective .d"'n~.uthorlLed herem Of In Ihe loan agrDftment(sl. prOVIded, further, lhal THIS PARAGRAPH
<br />SHA1.l NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL "DVANCES IN ANY AMOUNT AT ANY TIME
<br />iYHETHJ;lU1R NOT THE TOTAl. PRINCIPAl.INOEB.TEDNESS AIl0VE HAS BEEN ADVANCED.
<br />
<br />1iltt)E'1Rinal note
<br />
|