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Fora 10 M f! r °. 1
<br />FINANCING STATEMENT & SECURITY AGREEMENT
<br />Deblaa (last hams tint) Secured PAr(ylles)
<br />and addresaea and addreiva
<br />Meyer, Jerry J. & Barbara
<br />d /b /a Meyer Feed & Supply
<br />Cairo, Ne 68824
<br />THE ySTATF BANK OF CAIRO
<br />8IRor NP.SRASKA 68824
<br />°0 004224
<br />For Filing Officer
<br />avatar, wwetner one or mare, ror eonsulera Lion. Hereby grants to St-cured Part), a security Interest in the following property and any
<br />and alt increase . additions arcesetuns and substitutions thereto or theref„re thereinafter called the CullateraD: -
<br />180' x 50' Chief Steel Building, 3 Chief Bulk Bins,
<br />i Propane Tank, Pump and enclosure
<br />If marked here Ur•htnr grants a security Inlrrest in all sinular property owned by Dehlor durinx file Little the nbligauona are nut-
<br />- rwndu.g. slthouph such pnq,erty cony be acquired nr be natural b,cre.t,e after the date hereof.
<br />It mark.•,] )'.- x ,h.• sernrlty int' -rest ehali attach to of rr.11nV•ral. but —cured party ,I —m riot hereby cnnn•nt
<br />t•, thr the collate cal
<br />It marked her.. f I Debtor ,hall. so tang as no event of default h:.. r,rrured, face the right In the regular rouse of business, to process
<br />and sell inventory and f:u-a, produrl., any. fat it.-, errurdy rote,••1 0,,11 attach t,, all produ,t allot 1'rae,•eda nr all Coltntrrnl.
<br />If any of Ihr co1141r•r,Ll bas been attached to or Is to be altnrb -1 to real estate . nr If the Collateral includes crops or tilt. gas nr minerals
<br />to be extracted or timber to be rut, a description of the real eslnte ,r ;,s p,iluws.
<br />Irregular tract located between NE Hiway /.12 and Burlington Northern R. R.
<br />tracts in NV4 NE1L of 24 -12 -12 4illiage of Cairo, Hall Co. NE, See attached Plat
<br />and the name of file rrr„r.t ••anrr of the real estate to Burlington Northern. Railroad-Company _.
<br />Debtor warrants flat unb•ss Inarkrd alherwlsr the Collateral le used or being bnuxlit primarily tar 1 "'reamtl. !amity ,•r hnu+ehuld par.
<br />varies:. but if marked ben• ;a hir farming aimrallone. If marked here U for business opnr mans Anil if nlarke,l flue :: it,, Collateral to bring
<br />acquired with the pnn•eeds Lit the 'lute or notes, which Secured Party mar disburse dirrrtly In the seller of the C,,ilaternl.
<br />Th.- and all allied instruments are executed In serure imyiro•nt of the indebtednre+ ecidrnw•,1 by certam promlaaary wile , or
<br />stn date herewith payable to Soured Party. or order. as fnllnws
<br />$70,000.00 payable in installments, with final payment due on August 13, 2010.
<br />frrgrther with the r•senalds in It- nerremrnl, aur•II addlu,nad sun, as 111.15 :,t thn option „f the .,•cured Party he nd,Aneed to D•4gor. rnrn
<br />aioanres no That] he n,nne to tlerarrd I'nrt3, Haller thus axreenn•nt for Lite i,rwertiun of tilt, f Imst-11. any and all other animals 0.% eh411 In any
<br />n.abrrrr br ,Isle firm, DebP.r to ;Le. aced Phil, mid all costs nod "spume, nt,'om ell in the colic, a „n ,,r Haar and ,nGm,ens"it er nxm, „t $• -cured
<br />11.,rlg herrubdrp . nil of it., tofrwntnit h,•tou rnlfrettt, ly r:dled Uo• 101,11 gk,f e
<br />DEATOR AOI MA THAT 1116 IIAS IWAD THIS A01REMfNNT ANl) TII,%T 7111.4 A4*,IWF:yIF:NT INCLt.MS AND IS SVItJr. T Tt) Tit),,
<br />AJAPITIONA1. F'ROVISIONa S1:T FORTH IMLOW ANY ON 9'IIF, ]tBYEIIhY. SIDC IM10*01'. TIIF SANIr HBINO 1NC0I4110ItATED ]]FILE]\
<br />I&T ARFRAF:NCC.
<br />gaa,ufrd efts 13 day „t August
<br />L THP. �Atlf ©7ATP BANK OP CAIRO
<br />l:, NFiftkASKA 68l1i4
<br />Srrurod 1'arlr
<br />. fw 85
<br />11' r Veed &
<br />Supply
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