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 />
|