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SECURITY AGREEMENT 8~y4,..,,~~.,, ~I ~1/~~j73 7
<br />DATE E''`.°""`Y _ •- .7. __ i9 S'4
<br />r
<br />4-M At3i'icultural ASflUC1dtESr IT1C. ~ SECURED NDYSg25t Hi~rrk Qttakla SOUthr N.A
<br />DEBTDR ~ Nebraska Corporatiart PARTY -
<br />au4sww:ss }r P.O. Box -24th & ny" Street
<br />RESIDENCE ADDRESS -
<br />ADDRESS I _ -
<br />A~
<br />S x('I,'s'37Y~ IS.l.arlCl ~F~1, COL]Ilty~ r NE Q[k~]ar NE 681.07
<br />T
<br />E 8
<br />Z7P' CDDE 6880 2.. STATE &
<br />ZtP CODE
<br />1. Security interest and CoNateral. Ta secure tfie payment and performance of each and every debt, tiabgity and obligetionof tvery~typa-and
<br />datcnpewn which Deotor may new or at any tuna hareaher Dora to Secured Party (whether such debt, liability or oolfgatfort now-exists or fs':liesa-
<br />after-created or incurred, and whether .t s or may be director indirect, due or to become due, abroWte or-contifsgent,.primary-isrsgcondafy,litjui.. --
<br />dared or uMiquroated, or yoint, seYtrai or jpmt and several; ag such dabs, liabilities and obligations bainp herein-collactivNy-r~hriW'tp.-e6 fM- '
<br />"Obligations"f. Debtor hereby grants Secured Party a security mtarest {herein caned tfie"Security Interest"lin the following propertylh6rein eNiM::.:
<br />tfie"DauatQ(at^'f (cttMk apPliceble boxes end complete informatkrnl'.
<br />ta! IN VENTORy
<br />'~ All inventory at Oaoror, whether now awned pr hereafter acquired antl wherever locatetl;
<br />Ibl EDUtPMEN7, FAR,t4 PRODUCTS AND CONSU~7E ft C>OODS:
<br />Afl equipment of Debto*, wneme. now owned ar hereafter acquired, mcludfng but not Limited to all present andfuture machinery,.
<br />venietes, furniture, fixtures, matwtacturing equtpment. farm machinery and equipment, shop equipment. office-and recordkeeping-
<br />equipment, parts artd toolt, and the gocds described in any equipment schedule or fist herewith or Mreafter furnfshed~t0 $ewreds ,
<br />Party by D¢htor abut no sutra schedule or i~st nerd be furnished in order for the security imerett grarned herein to bCvalid-at to-ail-
<br />of pebtoc's eouipmenU.
<br />$i Ait term produces of Debtor, whether now ownea or hereafter acquired, incuding but not timitad-to US alt poultry and livestock and
<br />their young, praducit tnanof and produce thereof. (ii! ail crops, whether annual or personal, and.the protlucts thereof, end_iiiil all
<br />Leaf, caxt, fsnihzer, rnaerctnes end otfier supplies used or produced by Debmr in farming operations Ths reel estate concerned with-,
<br />the above dewnbrrd crops grrnymg or to ba grown s __._____.______.._,_-,___
<br />_....
<br />and the name of ERE record OwM°r ~s _ . - __. _ ______ _____..__
<br />^ The faltow~ng goods ar ,yvs of goods
<br />Set ACCOUNTS ANG OTHER RIGHTS 70 PAi`MENT
<br />Each and every r.gnt of Debmr to the payment of monsv, whether such right to payment now exists or hereafter arses, wMther such
<br />right m payment arrsas out of a sale, ieaaa ar other aigsositian of goods or ether property by Debtor, out of a renderinggf servins
<br />t,y Debtor, out of a roan oy Oebtor. out o° the oremayment at taxes or otherfiebilities of Deotor, or otherwise arses-under any eon-
<br />iract or agreement whether such right to payment is or is not already lamed bV performenee, and howaaezer such right to payment
<br />may be aztdencad, iogemer won art ocher tights arrd mtenss finctuding all hens ono security mterens} which Debtor may at any
<br />time hays oy law or agfeemeni egernst any acctwnt debmr or other obligor obligated w make any rush payment or againsrany of the
<br />property of Sucre a:rount debtor or oihel Dbligar; all including but not limitaf zo all pfetent antl future debt instruments, ChattEf
<br />~-y pope: s, accounts, loans and oai~gatrons recarvaaie end tax refuntls.
<br />t_1 .____.....~..__._.~.___._.-__.__._.._______.__..__.___~__._.__.____._-.-_._._-__-.__--_ _. __. _-__
<br />._ . _.. ____..__._. -..__..__ __ _.. ___.......__._...,-_.__ _ __._._._-_-..T_.~.__._~__~_..___.___..__~._.~__
<br />Ed{ t'.rE NE RAt IN iANG+dl ES
<br />.1d1 general ,niang,glas of Oebtgr, whether now ownea or naeaftsr acquired, including, but oat Ilmitea to, apphcatioda for patents.
<br />patens; copYnghts, traasmariss, trade seven, goad wih, trail@nan1M,.CUatamalt lists, permits and franchises, antl the right to use
<br />Detttor't name. r and all lases between the Debtor aril I('~ I,eas.ing- Carty.
<br />togettror witft.au _tuhst;tuxions area repFaaemsnts for and protluets of arty of me foregoing PLaP+ny oat con¢huting consumer goods and [o9ether
<br />.wth strocaeds of any and ail of the foregoing proMrty and, in the case at all tatpibia Coflatarrf,togethar with aitaccessivna and, except in the case
<br />of consumer goods, together w,tn i,i ad avcxsmies, attachments, pans. equipment antl retain now or hsrMfter atnehetl or affixed to or used in
<br />eonneavon with any such goods, and hii au warehouse reefers, bibs of fading end other documents of title now or hereafter covering such goods.
<br />Z, Repr~rtttatiotn, Warratrties affil Agreements: Deotor ropressnts, warrants and sprees coat
<br />tai Owtnr h {~ art trwrvxitrat, ^ a partnership. ~ a carponbon etntl, 1f Debmr is an iredivitlual, the Debtor's repdanp rs at the address
<br />of_Dabtor st+own a[ th~bawnnirp of this Agnemmt
<br />fbl Ttte-Cofateral win kta used prunarifY for ^ personal, famiiY or haurhohi purposes: ~ farmirp opantians: ~ business purposes.
<br />(cf ftl it snY waft of the tang~aa Cal4tval will txepms ~o r~Natea to partrW~r real es26te ss to become $ fixture the oaf elute con
<br />~rt~ali~ .described on_ P~ctti}~it _A__annexed ltexeto_atxl b~thts re~erence-
<br />_._
<br />irxnrporated herein.
<br />4-A7 _A~z~altural lassos ~ Ina _
<br />area the nertn of the record owrw a: r
<br />P O Box Grarni Islai~el NE 6880 2..
<br />#di Dibtor`s c?tfat rxacntiYa aRiea is Wntsd.at _ "'~ r ,~, _._,.~__„_ .
<br />or, d left blank, at tM eddrou of Debtor shown et tiro beginning of this Agreamtnt.
<br />THIS AGREEMENT GDNTAlNS ADD#TIONAL RRgVISiONS 5ET FORTH ON THE REVERSE SIDE
<br />HEREOF; ALL QF NtHICH ARE-MADE A PART HEREOF,
<br />a.e. - . ~aoW!Yd Pare rwi r
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<br />~.,~ a '` ~ ,. .
<br />'~ '`e ~ X.~.-,~....
<br />bus t+cacusity ;gr~#tl~nt -is h9 b!~ titer
<br />{~-., t.~'W Crr'F ir_c! -sk f 4ya. ~~^ r4i Ptaei-~ •~.
<br />t3f. 33rt1k f:atttt}r Tog'-
<br />glf.g2'~ €t§ser. lG..'Rgt1 .,, 41+pvp'Nf ir•"trs, rl;sr ?o tA$A=61t
<br />4-M AgriCtxl.ttaral Associates, Ittc. ,
<br />2 Nf~D)'aSfrz trort~nrg.__.v~ ..__~..._~. _.._
<br />Debtor's Nama
<br />fry ' -~~c~2.~..~_
<br />;fie}C~~,<~ietter3ara~kr Its Pr~szd~rr___
<br />a..'2`"', ~* . mil' ,,'` % ` '~ t" /$
<br />~ vT{1~ _
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