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Is <br />Page t <br />This F"WW land Bank of Omaha <br />FINANCING! STATEMENT AND SECURITY AGREEM'Cp£ , <br />to the G stag a C to a filing officer for filing pursuant I Oily �l 00— 000472 <br />2: <br />Debtors) (last name' t) and.Address(es): Filing Officer: <br />Binfield Corporal bii, a Nebraska Corporation <br />Binfield Ranch, a Partnership <br />Binfield, Kent A. <br />Binfield, Ellyn A. <br />Rt 2, Box 74 <br />Wood River, NE 68883 <br />SS# or ID#: <br />Secured Party and Address: THE FEDERAL LAND BANK OF OMAHA, 206 S. 18th, Omaha, NE 68102 <br />Debtor, whether ore or more, for consideration, hereby granted to Secured Party a security interest in the following property, and in all <br />similar property owned or hereinafter acquired, and any and all increases, additions, accessions and substitutions thereto or therefore, <br />including any proceeds thereof (hereinafter called the Collateral): All wells, pumps, motors, systems and equip- <br />ment used for irrigation purposes, including, but not limited to, one 8" Western Land <br />Roller pump, serial #44853; one U. S. Motors, Inc. 15 H.P., type H, Design B, Code F <br />motor, serial #2623598; one Western Land Roller 8" pump, serial #77674; one Newman motor <br />30 H.P., serial #520458701; and one 8 tower Valley electric pivot, 1294 ft, model #4865, <br />serial #038306 <br />If any of the Collateral has been attached to or Is to be attached to real estate, a description of the real estate is as follows: <br />Debtor(s) (last name first) and Address(es): <br />Binfield, Richard A. <br />Binfield, Mary M. <br />555 North Grant Street <br />Hinsdale, Illinois 60521 <br />SS# orID#: (over for add'l debtors) <br />jConbrius, on attached sheet. if necessary.) <br />The name of the rec.,id owner of the real estate is __ Binfield Corporation, a Nebraska Corporation <br />Debtor rrants that unIM Marked otherwise the Collateral is used or being bought primarily for parsonal , family. orhousehotdpurposes; <br />but it Marked for farming operations, if marked here ❑ for business operations, and it marked here 13 the Collateral is <br />bStng &QQWr0d with the proceeds of the note or notes, which Secured Party may disburse directly to the seller of the collateral. <br />T ak affied instruments are executed to secure payment of the indebtedness evidenced by one certain promissory note of amen <br />date herewith payable to Secured Party, in the principal amount of $ 1114012 p� ,payable according to the farms <br />thereof, IrVather with the covenants in this agreement, such additional sums as may at the option of the Socurad Pasty f e advanced to <br />Debftor Such advances as $hall be made by Secured Party under this agreement for the protection of the Collateral, any and all other <br />in any manner be due from Debtor to Secured Party and all costs and expenses incurred in the ColiO.hon of same and <br />onforcewmrit of rights of Secured Party hereunder, All of the foregoing being cotlactivaiy celled the Obligations <br />DEBTOR AGREES THAT THEY HAVE READ THIS AGREEMENT AND THAT THIS AGREEMENT INCLUDES <br />AND IS SUBJECT TO THE ADniTIONAL PROVISIONS SET FORTH ON THE REVERSE SIDE HEREOF. <br />THE SAME BEING INCORPORATED HEREIN BY REFERENCE. <br />Da . November 15_..__ , 19 82 <br />THE FEDERAL LAND BANK OF' OMAHA, <br />Secured Party <br />By Federal L. d Bank Association of <br />Grand Ialattd <br />ITT <br />Its Anaint and Attorney -ffl fact <br />! / > + f, t �r f 4 r Kent A. Ri.nEiel,d <br />Spilicial Agent A i�tnt fcti,i <br />f __... _....... <br />DEBTOR(S) <br />13inf or or tcp r,Rebraaka Corporation <br />"r <br />B Kent T...Bi.R e <br />It chard 13infield, Itairrefan o oard o <br />Directors <br />lover) <br />I <br />