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<br />RETURN TO Farm Credit Services of America, PO Box 250 Wicht, Edith M
<br />PREPARER: Kearney, NE 68848 (308) 234~2577
<br />
<br />FORM 5011 (6-2008)
<br />
<br />Farm Credit Services of America
<br />
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />
<br />Trustor(s):
<br />RGANG LLC, a Limited Liability Company
<br />
<br />Mailing Address:
<br />PO Box 530
<br />Shelton, NE 68876-0530
<br />
<br />This Trust Deed and Assignment of Rents is made AUQust 20. 2008, by and among the above named
<br />Trustor(s) and AgriBank, FCB, "Trustee," whosemailingaddressisPOBox64949.St. Paul, Minnesota
<br />55164-0940, and Farm Credit Services of America. FLCA, "Beneficiary," whose mailing address is PO
<br />Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the principal sum
<br />specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably transfers, conveys
<br />and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, its successors and assigns, under and subject to the terms and conditions of this
<br />Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />
<br />The North Half of the Southeast Quarter (N1/2SE1/4) and the South Half of the Northeast Quarter
<br />(S1/2NE1/4) of Section Seven (7), Township Ten (10) North, Range Twelve (12) West of the 6th P.M.,
<br />Hall County, Nebraska
<br />
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed
<br />upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses,
<br />income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature,
<br />including geothermal resources; all personal property that may integrally belong to or hereafter become
<br />an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests
<br />now or at any time hereafter belonging to or in any way pertaining to the property, whether or not
<br />specifically described herein; all above and below ground irrigation equipment and accessories; and all
<br />leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter
<br />issued, extended or renewed by Trustor(s), any State, the United States, or any department, bureau,
<br />instrumentality, or agency thereof. The foregoing is collectively referred to in this document as the
<br />"property. "
<br />
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure
<br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are)
<br />liable thereon, and all future and additional loans or advances, protective or otherwise, which may be
<br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties
<br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon,
<br />aUpayable.accor.ding to the terms oUhe note.(sh-cred1tagreement(s)r-DJ:,~r:JnstrlJment(s) modifying
<br />the same.
<br />
<br />Date of Note(s) or Credit Aqreement(s)
<br />08/20/2008
<br />
<br />Principal Amount
<br />$340,000.00
<br />
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at anyone
<br />time will not exceed the sum of THREE HUNDRED FORTY THOUSAND, ($340.000.00), exclusive of
<br />interest and protective advances authorized herein or in the loan agreement(s); provided further, that
<br />THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR
<br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL
<br />PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />
<br />This Trust Deed will be due Januarv 1. 2023.
<br />
<br />App #: 376880; elF #: 133334; Note #: 203
<br />FORM 5011. Trust Deed and Assignment of Rents
<br />
<br />223EW
<br />
<br />Legal Doc. Date: August 20, 2008
<br />Page 1
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