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TRUST A IGNMENT OR RENTS This Trust Dad and Assignment of Roots referred to in the above acknowledgment Is made this day Of ,19 87 ,by and omcm Alovsius•R. Panowicz (Also known F as Al R. Panowicz) and Evelyn D. Panowicz, Husband and Wife "Trustor(s) -, whose mM tg address is and !, Federal Land Bank of Omaha ^Trusa.,° whose malling address is 206 South 19th Street, Omaha, NE 68102 andthe Federal Land Bank of Omaha whm w"" addrw is 206 South 19M Sbvm. Omate, Nebrseka 66102, in of "w advance by Bwwkiary to Tres w(s) of the principal sum specified below, the receipt of which is hereby acknowledged. and any future, additional or proteetive advancae made to or on b~ of Tr~*) at Bensficiory's option. Trustor(s) irrevocably transfers. carvers and assigns to Trustee, IN TRUST, WITH POWER OR SALE, for ON benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Triad Deed, the real property. located in the County of Hall state of Nebraska, and described as follows: SW, and !,Ra SE4 (excepting therefrom a rectangular tract of soo. TIFIL 2% 73.5 acres devised under the Will of James B. Lesher, deceased, to Rosa Starr, which 73.5 acres are more particularly described as a rectangular tract with the South line of the SE4 and the W;j SE4 as its South boundary line; and except a tract of land more partic- ularly described as follows: ComiIncing at the North- east corner of the NW4 SE4 of Section 31 and proceeding in a Westerly direction along and upon the North line of the NW4 SE4 a distance of 330 feet, thence proceeding South parallel to the West line of Section 31 a distance of 330 feet, thence proceeding Easterly parallel with the South line of Section 31 d distance of 330 feet, thence proceeding North along and upon the East line of the NW4 SE4, Section 31, a distance of 330 feet to the point of beginning) ------------------------------------- - - - - -- 31 12N 10 W 6th P.M. and the following- described real estate in Howard County, Nebraska The South 990 feet of Lot 6 located in the SE14 and the South 990 feet of the SE4 SE4 of Section 22 lying South and East of the thread of the channel of the Middle Loup River---- - - - - -- 22 NE4----------------------------------------------------- - - - - -- 27 All in ------------------------------------------------------- - - -13N 11 W 6th P.M. Together with all wells, pumps, motors,and equipment located on and used to irrigate said premises, and any additions to or replacerwnts thereof, which items are declared to be a part of the mortgaged premises and appurtenant to said real estate, 1111110, wNmised said agreed bal new The lsON and - III I bird this Trust Deed M gMsn to seams (a) A pr9mignory mote of notes tovother with Ind thereon executed by Tr r(s) to 8eneneiary and described as follows: dt sleMa) r�Iof the prolOtwadrMonsudtorisedh ~win the loanagreementts); provided. furiner,Mal THIS PARAGRAF4 SHAU T ITUTS A COWWT~ TO MAKE FURTHER OR ADWTIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHET"" OR NoT THE TOTAA. "OPAL INDOBTRONSM AVIOVE HAS SEEN ADVANCED