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TRUST DEED 85-003693 THIS TRUST DEED, made this 31st day of July 85
<br />be and between: '19
<br />(A) HEARTLAND AGRI SUPPLY, INC.
<br />one or I after called'ITrustor'y whose mailing address is West nd g way 30, Gra Islandl,e Nebraska r 68803n
<br />(B) NORWEST BANK GRAND ISLAND, NATIONAL ASSOCIATION and
<br />address is West Third Street, P. 0. Box 1768, Grand Island, —NE 68802 "Trustee" whose maiIing
<br />(� NORWEST BANK GRAND ISLAND NATIONAL AS aCIATiON and
<br />202 West Third Street, P. 0 Box 1768, Grand Island as , NE�68802 neficiary whose mailing address Is
<br />WITNESSETH: That Trustor, inconsideration of One Dollar ($1.00) and other valuable consideration receipt
<br />whereof is hereby acknowledged, grants, conveys, sells and warrants to Trustee, in trust, with power of sale, the
<br />following described property, situated in Hall
<br />County, Nebraska:
<br />SEE ATTACHED EXHIBIT "A"
<br />The intention being to convey hereby in absolute title in fee simple, including all the rights of homestead and
<br />dower, together with all buildings, fixtures, improvements and appurtenances thereunto belonging; and all of the
<br />foregoing, together with said property are herein referred to as the "Property."
<br />FOR THE PURPOSE OF SECURING performance of each agreement and covenant of Trustor herein contained
<br />and the payment of the principal sum of ON£ HUNDRED SEVENTY THOU,06NDrs (S 170, 000.00
<br />as evidenced by a promissory note bearing even date at the rates of Interest thereon which may hereafter be paid
<br />oradvanced under the terms of this Trust Deed; both principal sum and interest thereon being payable according
<br />to terms set forth in said promissory note, reference to which is hereby made, at the office of the Beneficiary or at
<br />such other place as the holder may designate in writing, the final payment of principal and interest, if not sooner
<br />paid, shall be due and payable on the 1st day of July 19 90
<br />and all renewal and extensions thereof
<br />Trustor and Beneficiary covenant and agree as follows:
<br />t taaftaabM TTtla. Try870r is lawluity sarzad df the P,UpS,ly 1: has good right and
<br />tewful outho lh, to "1, and convey the Proper" the P'operiy r9 I— end clear dl all
<br />Irons and ""'b'"Cas e.oept bens now PI reCO,C. end Trustor w�❑ war'ant any
<br />deb,gT the into to tee Prppsrty unto the Trustee and ItS sudc ...... .no
<br />fweyar, against the Clams Of 811 Persons Trusi Or at Its asps,,! saflpna , will mamlein and
<br />pfNehe the iron of this Trust Deed as • ben upon the Trust Property Subject only 10
<br />S "Mahe DCa. e.btmg as of ton oats herept, will cause In,$ Trust Deed, and each
<br />TW"We Rlont pr suDpNmant thereto, to be bbd and recorded as a mongage of Ins
<br />Ttivat phtyp"'n SYca mention and In Such puce, and w+il take such Other p of he
<br />M ton oPtnlon of TrrMlae may be required by any present a future law In order to
<br />Psnact, maintain and protect the Iran of this Trust Dead, as the same may be ind,
<br />hrne to time Sr folded Pr supplrrrrlanted
<br />2. PSI~ of EMI aaa k"Wa L Trustor .hail ppnclUeil
<br />and Interest on, Sso prom'saory note mctual Y DnY Ins Principal Pro" 01,
<br />Ioatfn on ma daton ono a1 MO tip any ine, aces od Ins as and oed
<br />Pace grid m the manner proofed y other end wnl
<br />MAterm cif neat 1on1s. thRdmlbna end pipYls1011a of any Other SeCUrlty
<br />btatruftayt= gl4en m connactron wan m +s tranaacfon
<br />4 haaang"I ff and wMfsrtelloa s! pgpaAq. TfustOr win not comma any PSN,
<br />.90, me pat*" 6" oils ii eil tames, rtolntaln the same in good .'Pipe' no
<br />a
<br />-~fGh ona win make, from ftma to fens. all repairs, renewals, repiatementc
<br />O" Ma aro enPh"hin" nts SM-ft era I0115C141ny required to Prsvant ..St.
<br />+r'Wab'neht. W tM1Mro+ahOn of sa'd POMMY No building dr Improvement now 0,
<br />hereafter —1" upon the "Weny sna" to altered, removed Or
<br />elta0ut the pr/ep..wrl�tten DOnflant of 5"1,c,ary damdbafoo
<br />A a9 to P"Im y. in case Of any damage to or d @Strucllon III, the build
<br />taO Persona, property consll!ubng Pan of the Tru"1 Prope,ly. whether
<br />by maurancV or Otherwl Sa. T,u410,, al rt9 sole Cosl entl
<br />esfranae. aHfi Pipmptry 'QefOre. ,span. 'act and re0ubp the same e5 nearly and
<br />pneCt'caefe SO la GMOtt'On ifnmSoletsty D,rot 10 such Cornelia 0, cealrucNOn a w'th
<br />Such changas ano a'tarabons aS T,US}P, me, deem aDD'Ophal@ cro"Ided auto
<br />chenges sad ella'ahons dp not ri.t.r.boy IeSsen the IS]— sna utlllly 01 5uch
<br />ou'ld4ng5, Imprhvame!rts and personally from that e.lsl'ng irnmedlalely Pnor 10
<br />Spcn dMRlag® U• tteStruClipn T.ufil Pr ehei! Oa 8n}II.o I0 ,e1mbU'd @meal
<br />Trustee f0 the,tidal Of f. hat ,n4urance Proceeds rsv_.elveo b" 7rus100. bill on,, In
<br />the .110"I df the et f,,W Sum O'DenoeC unae, this Prnvr4lpn
<br />Car9araM TrWWO. n Ieu B!Pr rA a CrrrpOran Pn it *'I' doe n�r. •, C @ASd., r
<br />nr @g@r "P tS Cppryrel0 erldl @.nCO •rgnlA an?prr.rieg@AUVt aw5 ln rt
<br />db m�ry•Pdr@f 10x1 1 a'<• �.
<br />F ly'auraoce. 7 s at r55 8 Prn rko mA r la I w If
<br />.. •ACM .e. Suss" ... ;rag" r tr mars r . ,., )ua ' n'
<br />h
<br />� r
<br />yes .n a e I.rt 91 f I n I r. fa
<br />. Y sr•0 r tin afi. .. tlr
<br />rseCpeclrva ✓auras 411 rnsuence pohcres malnfamed Pursuant to Inns T,usf Deed
<br />M. name i ruslae and Beneficiary as mamedS, a. In-" 1- P-In,. Interests may
<br />"DDeet, entl prOV'a0 Ihel there Sheil be no Cincellallgn or mpdm'GahOn wrtRou,
<br />ides. day. P". wit tan ndflhc Il to Trustee and Behe!rCrery 'n Ins sushi any
<br />pdbdy haI.uhOar 1. —1 ,snowed on th t)efOre flaes0 Jaya prior to Its esPliabOn
<br />dads Trustee or Baroatlary'heY DrOCUO Such Insurance entl lire to taereot sna❑
<br />be added to ton loan Secured by 1111. Trust Deed and aaall tees" Cost at tall
<br />greater of the interest rata Spatib" therein Or the highest ntg,est rate authon2ed
<br />by the laws of the State Of Nebraska Trustor shoji de "ver to BehehClery the or,gthe;
<br />Policies of insufance and raMwals thereof Or memo cOples of such Poi1CO6 alp
<br />ronaweis iheredf. Failure to furnish IWaeranc. by Trustor, a rerfaw'ela es ref "a
<br />naneunder shall, at the opftph of Beroflcbryr. COnsilute a Iyateuii An unaarheo
<br />Dremwme are hereby esalghe0 to Trustee as addltionai Seturltg and a dab anC
<br />conveyance o1 the property by the Trustee Shoji operate f. convey to the P"to & a
<br />the Trustor'! Interest In and 10 ail policies of insurance upon Ina 7ru61 P,dVo I,
<br />T To," aaa Aa SS*Rmf b. Truafor shall Div all lases and DP_,&, aSSeesments
<br />!eyed of eSSasaed again St or due upon the Property before delinquency and wtli
<br />Oeiwe, to Beneficiary d-11e1 OI 1 -11015 shOwmg pay—n, or Such teWe5 and
<br />special 635esaments if S nal"" all Shari SO request. T'usjor ag,ses that there shed
<br />be added to Bach Periodic payMahl 'ao.n a Id bC made n.,eLnaa, an ampunl
<br />eabmaled by Trust- to tR 51111cre it 10 Snap. Trustor to pay. at Ill... A', Ca YS
<br />colors delinquency a" tees. aSaesamenTs Pr other public ChWrgeB agarn4! 1nP
<br />r u41 PIOpe,!y the N.J. DRCUred by •m5 Tr,,St D@a, . P' UPCtn ac, 0..Il Pt ins eebt
<br />the ben a' 'his TTUSI Deed together with pramlums fog tin 5 unn,0 'Oqu .V IP P,
<br />proYlOed once, Ihls T, Dead and no in,..... dn.n be pa,.tr Te Trustor
<br />IISpeCl th000l UPO demand by 71,;W- T, tlr, 6n.i' ?Pllvel 1; ru5IP0 5
<br />"dorrronal Sums III mdnP1 a5 a•0 n C @SSary tc make uP . nCy
<br />n u td neceasa'r :o @heels T :ustePtc Pa. ear c,+ tine roregor"s ;te�nrY'e .r.,
<br />e AAdNI het Llpq. Trustor Shen ma "e all
<br />P.y.'onl of mlaur e61 and p ri p al i no paymantS of any Other Chalgeatoo&, ane.pnees s nlra - P..'sting lien hot0es 0' Pnr W . oficlHbS un0e, any prn, Trc l5ed 1 DI o! MerttO g.iganoy
<br />Mhe, wumy ag'esmn Dole .0 the date Ihey are 001"'o_ III r
<br />no IC Par any ,rir.
<br />claim which 10`04'6 Use the Security granted hetaln
<br />g Pm1ftb*A of 9+of11.1firy a Bacprlty, Snowy T"uslor ran to m..P anf �ymam
<br />fan 1. d0 any act .6 herein prOtlded, or d any W-III, 0r PI--ding 15 - ommante0
<br />which male,:ei ly "facts Efenehcla,y'. tints +.al In the p,opelty „c u0mg, bile nc
<br />""DO 10. Pmu'ant domain n5ol,enc,, . arrangement o' 0101'eea ng4 arrdlvmg W
<br />SDn krupl or dacPOOnt. then ®enehtl.ry .1 TruW1N but thou, ,bliga!_ lP
<br />tin wrlhou' nnlli P It or demand t P., •runt dr no _,i rP OWSIng Trudldr rrCtr.
<br />ern Igallpn h @rauhoe' m"y made o, do ins same. end may p.y pwcna4e
<br />ihOP 9' •rr
<br />t, �nmpr S a Sao [ a CP. CnargO rP h [!` tin •hP IUd PO"'P.n• r,•
<br />BPn01 CW ®Pea ,S Tt:vs O+ sW 9 D pp IY e e C' amg ■ny St [ h P weep f'
<br />4 1 n rap r1Y Wad P.Pt""C nn
<br />u d'ng d eh tW halite Wtl nrneyd Ne an'thP r ate
<br />- 1 tx .d I• Iha1 tlVat(.r ¢ ..
<br />fir d s. Ire HenPI ,
<br />�aslP P ., U, s „ r r 4 ` PY'.a rtl P(1 rr MOnI•. �.
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