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<br />87-106932
<br />T ��` -- - -_ -- Eighth Farm Credit District
<br />606011 (4 -87) _:
<br />p t. of __
<br />ACKNOVARDtiMENT
<br />The undersigned Trustor(s) hereby acknowledges and understands that (a) the security document below to be executed is a Trust
<br />Deed, and note mortgage and (b) the powerof sale provided for In the Trust Dead provides substantially different rights and obligations
<br />to the Trustor(s) than a mortgage in the event of a default or breach of obligation. The Trustor(s) further represents and Ogren that this
<br />certification has been read and tscuted 1r connection with, but pry r to, the Trustors' execution of the following Trust Deed.
<br />30 nV 11Ler �7
<br />Doled this —day of —. 19 _ . i �
<br />Arnold C. Kyhn Grace E. Kyhn
<br />THIS MUST m $mum FRIOR TO EXECUTION OF DEED OF TRUST.
<br />TRUST DEED AND ASSIGNMENT OF RENTS
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<br />This Trust Deed and Assignment of gents referred to in the above acknowledgment is made this 3 tley
<br />of loo tJP -rr7 be r- , 19 9 7, by and among
<br />Arnold C. Kyhn and Grace E. Kyhn, husband and wife
<br />"Trustor(e) ", whose mailing address Is R. R. _1 Box 82, Boelus , NF. 68828 and
<br />The Federal Land Bank of Omaha "Trustee," whose mailing adtlroas is
<br />206 South 19th Street, Omaha, I4L 68107 the The Federal Land Bank of Omaha
<br />` Beneficiey", whose mailing address le 200 South 19th Strest, Omaha, Nebraska 68102, inconsideration 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 to or on behalf of Trustor(s) at Beneficiary's option, Trustor(s) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, forthe benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this
<br />Tent Deed, the red property, located in the County of Hal l State of Nebraska, and described as follows:
<br />Be- T
<br />See attached Exhibit "A" incorporated herein by this reference
<br />Together with all wells, pumps, motors, and equipment located on and used
<br />to irrigate said premises, and anv additions to or replacements thereof,
<br />which items are declared to be a part of the morto_aaed Premises and
<br />appurtenant to said real estate.
<br />(This Deed of Trust is filed to supplement the following mortgage:
<br />Loan 4309 -01- 8894770, mortgage filed as instrument #82- 002768 in Mortaaae
<br />Records of Iiall County, Nebraska. This Deed of Trust is given as additional
<br />security and in consideration of the original loan 9309 -01- 8894770. In the
<br />event of default under the terms and conditions of the mortaaae stated above
<br />in connection with said original loan, or default under the terms of this
<br />Deed of Trust, the mortgage may be foreclosed and beneficiary herein may
<br />exercise its remedies as paragraph 1'7.)
<br />together with all Trwtor(s) rot, title and interest In said property, now or hereafter acquired, including all buildings, fixtures, crops and
<br />improvements nowon orhore~ placed upon said real property; including also all appurtenances, water, irrigation, and drainage rights; and
<br />ale rent, itauea, ueee Incur , proNb, and rights to possession; all oil. gas, gravel, rock or other minerals of whatever nature, including
<br />9000101wld reaouroa; and ale personal property that may integrally belong to or hereafter become an into" part of said rest estate whether
<br />atesohed or deMOlned. including any appur"Mahoea and accoutrements of any residence secured hereby, and all above and below ground
<br />irrigadon equipment and accessorkw and all lasses, permits, licenses or privikow appurtenant or nonappurtenant to said premises. now or
<br />hefeafter issued. extended of renewed byTruttor(s), any State. the United Staff or any department, bureau, instrumentality or agency thereof.
<br />AN of which is hefeunder collectively referred to as the "Trust Estate."
<br />R Is ardor 1, - and agreed beheen Trustor(s) and 111 40101 V then Shea reef Deed is given N segue:
<br />(a) A prM%my note of notes together with interest thereon executed by Trustor(s) to Beneficiary and described as follows:
<br />Deb of Nola Prin *d Amend Dale of Note PrNa9pd Amount
<br />May 10, 1982 $96,000.00 —
<br />! payable according to the tams of said nofe(s).
<br />(b) And the repayment in full byTnntor(a) of any and all future and additional advances which maybe made by Beneficiary, at its option, at
<br />Ehe regrred of, aid to or forthe exeunt of Tnntor(s). crony 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
<br />parable aceonift to the terms of sold nota(a) or other instrument(s); provided, however, that the total principal Indebtedness outstanding
<br />and secured hereby at any one time shelf not exceed the sum of
<br />NIIJErl SIX THOUSAND Allp `:0/100 ------- ---- --- -- -- - --- DOLLARS (S 96,00n.00 )
<br />exclusive of interest and of the probative advances authorized heroin or In 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 />WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />xe ari<.i.n.al Lean
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