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FINANCING STATEMENT AND SECURITY AGREEMENT F- 190482 Debtors (ww name first) and addressee Secured PQQar[y(les) and addresses '• F 'r ItAH Otticer Davis Ranch & Farms, Inc. SOCIETYIOFETHELUNITEDSSTATES 85- 004854 �rO°euL.oBOXhIS�auitz 600 Coerce Tower 911 Main K. .Mo. _ — D btor, whether one or more. for conaideratlon, heraLy grant. m S ... red Parg a security interest in the following property checked below and any and air increase, additions accesslonx and eulMtittreby [Ah'trrf the Ilicbtur a f�ahvi tug Il�rehxked the Collatrraq: ❑All et lbe Debtor'. crops ition 8 All of the Debtor a livestock ❑ All of the Debtor's farm and ranch Vchlner)• and equipment )LC] Other: (Describe and attach separate Iia if necessary) See Schedule A attached. If mai'kad pare Q Debtor grants a security Interest In all similar Properq• owned by Debtor during the time the obligation. are outstanding, sRhough such property may be acquired or be natural increase after the date hereof. It marked )sere p the security interest shall attach to all product and proceeds of Collateral, but Secured party does not hereby consent to the sale of the (blisters If marked here ❑Debtor shah, eo long as no event o[ de,suit ha, occurred, have the right In the regular rourse of business, to process and se invewtory and farm �rodneta onl but the securlU• interest shall at inch to all product and proceeds of all Collateral. It ry of the Collateral has bee" attached to or is to be attached to real estate, or it he Coihltercel �rl�des crops or otl, R[ae or minerals to be extracted or timber to be cut, a description of the real estate la as A,Ilow•s. See Scl]edule A attacheCl. Davis Ran. h.. &.. Farms..... LnC .---- ------ ------- --- -- -- -- ---- - -' and the name of the record owner of the real estate, Is ....... ..... ...... .._ - . �.. ..- .... -. --............ ..- ._ -... _...- __........... eriil.I..... d o_-. - ...._ -. _....... ..._...._....._..... ....._ .............. .._.- ._.._. IielNOt• warrants that unless marked otherwise the Collateral Ix used or being Lough[ primarily for prra the family or being a purposes; but if marked hereViffor [arming In... I[ marked here ❑❑ for buslnexs operatlonx, and It marked here the Collateral Is being acquired with the proceeds of the note or notes, which Secured Party may dTaburse directly [u the seller of the Collateral This and all allied Inslrumenix are executed to seruro payment u[ the indebteAnes Ly--- _a..__...certaln promissory no of even date herewith payable to Secured Yarty, or order, as follows! Principal sum of $240,000. due and payable January 1 7i .nt�..tA. rYg interest at 10.5% due January 1,1986 & semi- annually thereafter to 6 including "(t j1�`t6it1 (IR tRt6ehanta in this agreement, uch addhionxl sums nN may at. the option of the Secured Fart)• be Advanoed to Debtor, such a vances ax shalt he made by Secured Party under lhla agreement for the protection of the Collateral, any and all other amounts ax .hall In any manner be due from Debtor to Secured Party and all costs and evil Incurred In the collection of same and enforcement o[ rights of 6ecurrd Party hereunder, all of the "T"h"ing Wing cnilecth•el)- raped the Obligations. DEBTOR AGREES THAT HIS HAS READ THIS AO RFE .IIRNT AND THAT THIS A(IREF. \t1 :YT I�CLIJDFS AND IS ST'BSECT TO TH "r.' ADDSTIO. \'AI. PROVISIONS SET ORTH BELOW AND O\ TFI ' AL�'ERSE SIDE HEREOF. THE SAME BEING INCORPORATED HEREIN BY REFERENCE. GG� ✓ aY .Y .... _ 19(... S6�F ELI I P E Dav anch Farms, I .41 red P y Debtor 7� 0563109 ' By /� Charles W.Prince (e.'er> esl ent Debtor ORIGINAL F.— 10:1 Rev_ CCC (F-or A,,n -pure; �l ti fD to �l