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<br />MORTGAGE and
<br />SECURITY A~ftEEMElT
<br />THIS MORTGAGEIisc ma`~'eR~{~is "R tN iiay of .~++11j.. 19~
<br />bV Th m^ F^r r
<br />("Mortgagor") whose address 1S LLF1 it^r Gerit^l Arian at G and TG1 n
<br />hi h L ~AAn'1 - / t0
<br />American AgCredit Corporation, a Delaware corporation ("American"),
<br />whose address is 3033 South Parker Road, Suite 720, Aurora, Colorado
<br />80014.
<br />Mortgagor hereby mortgages and conveys to American the
<br />following-described property situated in the Coun*_y of Na~~ ,
<br />State of ~iahras~a (the "State"):
<br />See Exhibit A attached to and by this reference made a part
<br />of this Martqage
<br />Together with: (a) all improvements now or at any time hereafter
<br />thereon, and privileges, appurtenances, fixtures, rents, issues, and
<br />prof its relating thereto; (b) water, ditch, and reservoir rights or
<br />stock, however evidenced, appertaining to or used in connection with
<br />the property; {c) any interest now owned or hereafter acquired by
<br />Mortgagor in any road, street, or avenue (opened or proposed), in
<br />front of or adjoining the property or in and to any sidewalks,
<br />alleys, and strips and gores of land adjacent to or used in connec-
<br />tion with the property; and (d) all right, title, and interest of
<br />Mortgagor in and to all machinery, apparatus, equipment, fittings,
<br />and fixtures of every kind and nature whatsoever, all furniture, fur-
<br />nishings,. and other personal property now or at any time hereafter
<br />attached to or used in any way in connection with the use, operation,
<br />and occupation of any buildings or improvements located on the prop-
<br />erty (the above-described property, appurtenances, and privileges are
<br />subsequently referred to as the "Property"). Mortgagor warrants the
<br />title to the Property except for those items listed an Exhibit B
<br />attached to and by this reference made a part of this Mortgage. This
<br />Mortgage is for the purpose of securing the payment of a gromissory
<br />note (the "Nate") of even date herewith in the principal amount of
<br />$ ~ ~nT n n~ nn-Dptnade by ThnmaG t~axtor~ , and payable to the
<br />order of American as provided in the Note, with all unpaid principal
<br />and unpaid accrued interest due and payable on li+ly~, 15~1~C,g1 ~ and
<br />all obligations created under any renewals, extensions, and amend-
<br />ments to or substitutions for the Nate, or any other instrument exe-
<br />cuted in connection with or pursuant to the Note (subsequently
<br />ref erred to collectively as the "Obligation"). This Mortgage secures
<br />present and future advances made by American to or for the benefit of
<br />the Mortgagor or any other maker of the Nate, and the lien of '-his
<br />Mortgage relating to all such future advances shall relate back to
<br />the date of this Mortgage.
<br />THE MORTGAGOR COVENANTS AND AGREES AS FOLLOWS:
<br />1. Mortgagor will promptly pay the Obligation evidenced
<br />by the Note in accordance with its terms and perform each and every
<br />agreement and condition contained in the Note and this Mortgage/ ar
<br />in any other instrument which may be executed in connection with such
<br />documents.
<br />2. Mortgagor will pay immediately when due and payable
<br />all taxes, sgecial assessments, water and sewer rents or assessments,
<br />and all other charges imposed by law upon or against the Property,
<br />and- to deliver to American, upon demand, receipts or other evidence
<br />of such payments.
<br />3. This- Mortgage is subject and subordinate too mcrtoaee
<br />$^ The Prudential InSLranCa Comoany„of Hm ri a in tpa initia~~mn in+
<br />
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