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<br />~"'~~ TRUST DEED
<br />THIS DEED OF TRUST is made on June t / , 2009. The Trustors are Larry Hadenfeldt ~ , So
<br />and Peggy Hadenfeldt, husband and wife, (collectively "Borrower"). The Trustee is Denise D
<br />.
<br />Myers, Attorney at Law, of Myers & Daugherty, P.C., 611 N. Diers Ave., Grand Island, Nebraska
<br />68803, .('Trustee"}. The beneficiaries are Arlene Hadenfeldt, Reva Henninger, Delbert Schultz,
<br />Delayne R. Mahloch, Kenneth L. Schultz, and Gary D_ Schultz, (collectively Lender"). Borrower
<br />owes Lender the principal sum of One Hundred Twenty Thousand and 00/100 Dollars
<br />($120,000.00). This debt is evidenced by Borrower's note dated the same date as this Security
<br />"
<br />Instrument (
<br />Note"), which provides for payment of principal, plus accrued interest in annual
<br />payments. The Deed of Trust (sometimes referred to herein as "security instrument") secures to
<br />Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, extensions and
<br />modifications; (b) the payment of all other sums advanced under paragraph 4 to prated the security
<br />of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For
<br />this purpose, Borrower in'evocably grants and conveys to Trustee, intrust, with power of sale
<br />the
<br />,
<br />following described property located in Hall County, Nebraska:
<br />The North Half (N1/2) and the North Half of the Southwest Quarter (N1/2 SW1/4}
<br />of Section Nineteen, Township Twelve (12) North, Range Twelve (12), West of the
<br />6'~ P.M., Hall County, Nebraska, EXCEPT a certain tract more particularly described
<br />in Deed Book 77, Page 592; and EXCEPT a certain tract more particularly
<br />described in Survivorship Warranty Deed recorded as Document No. 77-002754;
<br />and EXCEPT a certain tract more particularly described in Trustee's Deed recorded
<br />as Document No. 95-104140 and EXCEPT a certain tract more particularly
<br />described in Warranty Deed recorded as Document No. 200803025.
<br />EXCEPTING THEREFROM A tract of land consisting of part of the Northeast
<br />Quarter (NE1/4) of Section Nineteen (19), Township Twelve (12) North, Range
<br />Twelve (12) West of the 6'" P_M., Hall County, Nebraska and more particularly
<br />described as follows: Commencingg at the Southeast Corner of said NE 1/4;
<br />thence on an assumed bearing of N04°20'38"E along the East line of said NE1/4
<br />a distance of 1668.23 feet to the Northeast tamer of Timothy J. Aitken survey
<br />dated 10/10/2005, said point also being the paint of beginning; thence along the
<br />North line of said Aitken survey S85° 18 52"W a distance of 33.10 feet to the point
<br />of intersection of said North line and the West line of county road right-of--way
<br />(R.O.W.); thence along said North line S85°40'15"W a distance of 551.38 feet to
<br />a Northerly comer of said Aitken survey; thence S30°53'41"VN along said North
<br />line a distance of 84.40 feet; thence departing said North line N08°48'31"W a
<br />distance of 1128.25 feet to a point on the North line of said NE1/4, said line also
<br />being the South R_O_W. line of State Highway 2; thence S87°36'31"E slang the
<br />North line of said NE1/4 a distance of 284.71 feet; thence departing said North
<br />line S70°54'39"E slangg the South R.O.W. line of State Highway 2 a distance of
<br />105.05 feet; thence N75°18'16"E along the South R.O.W_ line of State Highway
<br />2 a distance of 102.73 feet to a point on the North line of said NE1/4; thence
<br />S87°36'31"E along said North line a distance of 129.15 feet; thence departing
<br />said North line along and upon the South R.O.W_ line of State Highway 2
<br />S22 °28'01 "E a distance of 136.79 feet; thence S04 °20'38"E a distance of 320.00
<br />feet; thence N85°39'22"E a distance of 70A0 feet to the paint of intersection of
<br />said South R.O_W_ line and the East line of said NE1/4; thence S04°20'38"E
<br />along said East line a distance of 533.98 feet to the point of beginning. Said tract
<br />contains 652,457.10 square feet or 14.98 acres more or less of which 17,650.91
<br />square feet or 0.41 acres are county road right of way_
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all
<br />easements, rights, appurtenances, rents, royalties, mineral, ail and gas rights and profits, water
<br />rights and stock and all fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this
<br />Security Instrument as the "Property".
<br />BORROWERS COVENANT that. Borrowers are lawfully seised of the estate hereby
<br />conveyed and have the right to grant and convey the Property and that the Property is
<br />unencumbered. Borrowers warrant and will defend generally the title to the Property against all
<br />claims and demands, subject to any encumbrances of record.
<br />COVENANTS. Borrowers and Lender covenant and agree as follows:
<br />
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