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84006508
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Last modified
4/30/2008 4:41:06 PM
Creation date
4/2/2008 9:46:43 AM
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DEEDS
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84006508
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<br />r <br /> <br />84 - 006508 <br /> <br /> <br />MODIFICATION OF NEBRASKA <br /> <br />DEED OF TRUST, SECURITY AGREEMENT, <br />AND FINANCING STATEMENT <br /> <br />This Modification of Nebraska Deed of Trust, Securitr <br />Agreement, and Financing Statement (the "Modification") is ~tedaa <br />of ~.....A.c./l. :'0 , 1984, and entered into by Garst Seed CQapanyIaJni.~ <br />Partnership (formerly known as Garst Seed Company), an Iowa1lmiti!tci <br />partnership (the "Grantor"), whose address is Coon .aapidsjI~ <br />50058, and American AgCredit Corporation, a Delaware corporatiQD <br />("American"), whose address is 3033 South Parker Road, Suite 720, <br />Aurora, Colorado 80014. <br /> <br />RECITALS <br /> <br />A. Grantor executed a Nebraska Deed of Trust, Security Agreement, <br />and Financing Statement dated as of November 19, 1984, and filed.for <br />record on DAcpmhpr -2., 1984, as Document Number 84-006396 <br />of the records of the Recorderls office in Hall County, Nebrasta,to <br />.:.::....;;0 R. ......Clymuui., wl1u.tle a.dCir"ess ~s .I:'.u. tlOx'---rli1)9, rae, <br />Nebraska 69103, as Trustee for the benefit of American (the "oar"). <br />The DOT was given to secure the payment of a promissory note evidenc- <br />ing the Grantor's obligations to repay amounts advanced by American <br />under the terms of a restated letter agreement dated May 31, 198., as <br />amended by letters dated November 15, 1984, November 16, 198., <br />November 19, 1984, and November 20, 1984 along with any renewals, <br />extensions, or amendments to or substitutions for the note, the <br />restated letter agreement, or related instruments. <br /> <br />B. By execution of a Modification Agreement dated as of the date of <br />this MOdification, along with a an amended note and related docu- <br />ments, the parties have modified and increased the principal amount <br />of the line of credit available to the Grantor under the restated <br />letter agreement. <br /> <br />C. The parties wish to effect a modification of the DOT in order to <br />continue its applicability to the modified arrangement agreed to <br />between the parties and to amend the DOT in certain ot~er respects. <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br /> <br />L <br /> <br />--1 <br />
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