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<br />200808199
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<br />THENCE DEFLECTING RIGHT 90 DEGREES 00' 00" AND RUNNING WESTERLY, A DISTANCE OF THIRTY FIVE
<br />(35.0) FEET; THENCE DEFLECTING LEFT 90 DEGREES 00' 00" AND RUNNING SOUTHERLY, A DISTANCE m'."
<br />THIRTY (30.0) FEET; THENCE DEFLECTING LEFT 90 DEGREES 00' 00" AND RUNNING EASTERLY, A
<br />DISTANCE OF THIRTY FIVE (35.0) FEET; THENCE DEFLECTING RIGHT 90 DEGREES 00' 00" AND RUNNING
<br />SOUTHERLY, A DISTANCE OF TWO HUNDRED FORTY AND SEVENTY TWO HUNDREDTHS (240.72) FEET;
<br />THENCE DEFLECTING LEFT 07 DEGREES 23' 10" AND RUNNING SOUTHERLY, A DISTANCE OF THREE
<br />HUNDRED SEVENTY EIGHT AND SIXTY SIX HUNDREDTHS (378.66) FEET; THENCE DEFLECTING RIGHT 89
<br />DEGREES 55' 51" AND RUNNING WESTERLY, PARALLEL WITH THE NORTH LINE OF SAID NORTH HALF OF
<br />THE NORTHEAST QUARTER (N1/2 NE1/4), A DISTANCE OF FOUR HUNDRED FIFTY THREE AND EIGHT
<br />HUNDREDTHS (453.08) FEET; THENCE DEFLECTING RIGHT 87 DEGREES 49' 08" AND RUNNING
<br />NORTHERLY, A DISTANCE OF EIGHT HUNDRED FIFTY FIVE AND TWENTY TWO HUNDREDTHS (855.22)
<br />FEET TO A POINT ON THE SOUTHERLY RIGHT OF WAY LINE OF SCHULTZ ROAD; THENCE DEFLECTING
<br />RIGHT 91 DEGREES 06' 13" AND RUNNING EASTERLY, ALONG AND UPON SAID SOUTHERLY ROAD RIGHT
<br />OF WAY LINE, A DISTANCE OF ONE HUNDRED FIFTY NINE AND FORTY FOUR HUNDREDTHS (159.44) FEET;
<br />THENCE DEFLECTING LEFT 08 DEGREES 28' 00" AND RUNNING EASTERLY, ALONG AND UPON SAID
<br />SOUTHERLY ROAD RIGHT OF WAY LINE, A DISTANCE OF ONE HUNDRED FIFTY EIGHT AND THREE
<br />TENTHS (158.30) FEET TO A POINT ON SAID SOUTHERLY ROAD RIGHT OF WAY LINE, SAID POINT BEING
<br />THIRTY THREE (33.0) FEET SOUTH OF (MEASURED PERPENDICULAR TO) THE NORTH LINE OF SAID
<br />NORTH HALF OF THE NORTHEAST QUARTER (N1/2 NE1/4); THENCE DEFLECTING LEFT 170 DEGREES 28'
<br />21" AND RUNNING WESTERLY, ALONG AND UPON SAID SOUTHERLY ROAD RIGHT OF WAY LINE, WHICH
<br />IS, PARALLEL WITH AND THIRTY THREE (33.0) FEET SOUTH OF (MEASURED PERPENDICULAR TO) THE
<br />NORTH LINE OF SAID NORTH HALF OF THE NORTHEAST QUARTER (N1/2 NE1/4), A DISTANCE OF ONE
<br />HUNDRED EIGHTY FOUR AND SIX TENTHS (184.60) FEET TO A POINT ON THE WEST LINE OF THE
<br />NORTHEAST QUARTER OF THE NORTHEAST QUARTER (NE1/4 NE1/4) OF SAID SECTION THIRTY (30);
<br />THENCE DEFLECTING RIGHT 90 DEGREES 12' 12" AND RUNNING NORTHERLY, ALONG AND UPON THE
<br />WEST LINE OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER (NE1/4 NE1/4), A DISTANCE OF
<br />THIRTY THREE (33.0) FEET TO THE POINT OF BEGINNING
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<br />The property is located in Hall County at 7171 S. ALDA ROAD, GRAND ISLAND, Nebraska 68801.
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, wells, ditches and water stock, crops, timber, all diversion payments or third party payments made to crop
<br />producers and all existing and future improvements, structures, fixtures, and replacements that may now, or at any
<br />time in the future, be part of the real estate described (all referred to as Property). This Security Instrument will
<br />remain in effect until the Secured Debts and all underlying agreements have been terminated in writing by Lender.
<br />
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time
<br />will not exceed $125,000.00. This limitation of amount does not include interest and other fees and charges validly
<br />made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of
<br />this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security
<br />Instrument.
<br />
<br />3. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 6582, dated September 22, 2008, from Grantor to
<br />Lender, with a loan amount of $125,000.00 and maturing on September 22,2013.
<br />
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one
<br />person signs this Security Instrument, each agrees that it will secure debts incurred either individually or with
<br />others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a commitment
<br />to make additional or future loans or advances. Any such commitment must be in writing. In the event that
<br />Lender fails to provide any required notice of the right of rescission, Lender waives any subsequent security
<br />interest in the Grantor's principal dwelling that is created by this Security Instrument.
<br />
<br />Ronald L. Follmer
<br />Nebraska Deed OfT rust
<br />NE/4XXSPAITZ00000000000111043092208N
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud. MN ~<tJ
<br />
<br />Initials .&1.
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