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I.r�:F.rt .t?rc <br />Form 10 <br />jgNA1CING $TATE.MEhT & 4,;EGirR1't'Y AGRFY -N ENT <br />DwMers (rant DA'aw first) <br />araxf addre+mna <br />Serum] Partytia <7 <br />and addteaas <br />Perkins, Elaine THE STATE BANK OF CAIRO <br />Pins, Ja�tes C:AIRo. NEMRASKA �a <br />Perkins. Per k Janice + <br />Cairo, NE W24 <br />00 101162 <br />nr Filing Ofticer <br />Debt. whether Or,- <.r more, Inc ronsideratien. hereb!: grants t^ Serueed Party a security interest in the follow"'' prntxrt Y arf-a <br />and &V 4Mreaae. adoiti. "ns. ft: essl_ and substitutions thereto or therefore thereinafter railed the Collateral)'. <br />All farm products. including bcn not i +mited to. all livestock, craps. grain, hay, seed, feed, fertilizer, supplies and products of crops and of live- <br />stock; together with all equipment, Including, but not limited to all farm equipment. tractors, non - tilled vehicles, machinery, implements. fools, <br />irrigation systems, dairying systems. and all goods owned of used for preparing land or for planting, cultivating, fertilizing, irrigating, haT- <br />vesting. waving, drying, staring, marketing or processing of crops, products of crops. gram, seed, of feed or tot raising, feeding. handling, <br />breading, marketing or caring tar livestock <br />Including but not limited to a 6,500 bushel MFS grain bin with aeriation floor; <br />3,500 bushel Behlen grain bin with drying facility and stirall; and 50 foot <br />Grain ��handdlting leg complete with {a��ugers,�motors and other associated equipment <br />2r 50 leeks he c jol for r inu ad ant ate ai� n ��s m li Gmpe�t} otFd cd it 't?ebtor during the time the obligations are out- <br />6'r <br />standing. although such property may he acquired nr he naturai increase after the date hereo!. <br />a? marked here the se,_:ritp !n1r ^.. =t shall attach to a Product and Prereeds ni rn.fatera, nut :s —uled Party do .^.ot hereby emu ent <br />ie t.,lr a7:• of the r<41at .rat <br />If marked hear K. Ih -btor stall, sc lone as no event of default has nccured. have the right- in the regular course of business, to process <br />and zt..i inrr ;non n"A farm ".n. ,; ;.> _j, bat . tl:r e•rur.:, lute rr�t sha l} attach to cll prornrt and prorreds of all Cr:Lstersl. <br />IY any of the reifaleral has been attath,d to nr is to be attached to rest estate. or if the Collateral includes crops or oil, gas or minerals <br />to be extracted Or timber tr be cal. a description of the real estate is as follows: <br />Test Half of the Southwest Quarter of Section 36 <br />Township 12 North, Range 12, nest of the 6th P.m., <br />Hall County, Nebraska <br />and the name of the record owner of the wa' estate is _ . U ai ne... PertinS___._..._.. __ _- ...... _.._ _. ._._...... .... _._.. <br />Debtor worrants that y unl•.ss n:a: -krd Othelw- the Collateral is used or being bnuel:t primarily for persona:. fancily .x hOUSehcdd pur- <br />puaes: but if marked here d !or !anninr o,,rt,ona, if marked here ' for business nPeratimrs.. and if marked "ere the Collateral k being <br />acquired with the pra'erds of the note or notes, which Secured Party may disburse directly to the seiler of the 17,,1lateral. <br />This and all allied in_- trumi-nts are executed tO ;r «rare Payment of the indrhtedness evil—, a '.y certain promisp:my Nrta.- of <br />even date herewith payabie to oerured Party or order. as follows: <br />$35,000.00 payable in 10 annual instalments of $5,696.09 with final payment <br />due 3 -5 -96 <br />x the ,ptin <br />together with !h« covrnxnts in ttua m um a m� at nt r.,� Serur,•d Pr. rty br u�...rn r +. t.: Drht er, sub <br />advances as sha11 be rnedr by -•rand Part, ander !his arrerrroent for the protection of the CtMah•r,iL nr.y and a!; 141,1-1 amounl5 as shall in arty <br />manner be due fn= Debtor to Se..r.re•1 Pan, and ail rusts and expenses incurred In the c 11 —llon of same and enf— vern-A .f rights of S.-cun•d <br />Iaart, i,er,- under. aaH 14 the t,,..u:,nc I.:,:r ,t.l i•rtn eh- caller? t1,.. Oh!i ytatum= <br />DEBTOR AGREES THAT HE HAS FIFAL+ THIS AGREEMENT AND THAT THIS AGREEMENT 1NC !ELVES AND 15 SVI:IFCT TO THE <br />ADDITIONAL PROVISIONS RET FORTH BELOW AND ON THE REVERSE SIDE HEREOF. THE SAME S;EING Iti CUY.POHATF:D HEP.FIti <br />ET REYVAIUNCE. <br />Saccuted this 5th .. day <,f March <br />THE STATE BANK OF 'CAIRO <br />([::macia NF.tinmiLA, 6M4 <br />arrc7 I"art t' <br />79 86 <br />J ines7P rk.if s- I t t, t 'Janite Perri s � r.., <br />, <br />zla;r,e Perl<n� rrt,;,, <br />J <br />