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<br /> 201000488
<br /> By execution of this instrument, Borrower acknowledges receipt of all of the proceeds of the loan or loans evidenced by the above note.
<br /> This instrument secures to the Government: (1) payment of the note and all extensions, renewals, and modifications thereof;
<br /> (2) recapture of any amount due under any Shared Appreciation Agreement entered into pursuant to 7 U.S.C. § 2001; (3) payment of
<br /> all advances and expenditures, with interest, made by the Government; and (4) the obligations and covenants of Borrower set forth in
<br /> this instrument, the note, and any other loan agreements.
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<br /> In consideration of any loan made by the Government under the Consolidated Farm and Rural Development Act, 7 U.S.C. § 1921
<br /> et seg. as evidenced by the note, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following
<br /> described property situated in the State of Nebraska, County or Counties of HALL
<br /> THE SOUTH HALF OF THE SOUTHWEST QUARTEA ( 1/2SW1/4) SECTION THIRTY (30), TOWNSHIP NINE
<br /> (9) NORTH, RANGE TEN (10) WEST OF THE GT" .M., HALL COUNTY, NEBRASKA, LESS 0.73 ACRE,
<br /> MORE OR LESS, CONVEYED TO COUNTY OF HALL, STATE OF NEBRASKA, BY QUIT CLAIM DEED
<br /> RECORDED IN BOOK 138 OF DEEDS AT PAGE 331, OFFICE OF REGISTER OF DEEDS OF HALL COUNTY,
<br /> NEBRASKA
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<br /> together with all rights (including the rights to mining products, gravel, oil, gas, coal or other minerals), interests, easements, fixtures,
<br /> hereditaments, appurtenances, and improvements now or later attached thereto, the rents, issues and profits thereof, revenues and
<br /> income therefrom, all water, water rights, and water stock pertaining thereto, and all payments at any time owing to Borrower by
<br /> virtue of any sale, lease, transfer, or condemnation of any part thereof or interest therein (collectively called "the property"). This
<br /> instrument constitutes a security agreement and financing statement under the Uniform Commercial Code and creates a security
<br /> interest in all items which may be deemed to be personal property, including but not limited to proceeds and accessions, that arc now
<br /> or hereafter included in, affixed, or attached to "the property."
<br /> Borrower COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the
<br /> property and that the property is unencumbered, except for encumbrances of record. Borrower warrants specifically and will defend
<br /> the title to the property against all claims and demands, subject to any encumbrances of record.
<br /> This instrument combines uniform covenants for national use and non-uniform covents with limited variations by jurisdiction to
<br /> constitute a uniform trust deed covering real property.
<br /> UNIFORM COVENANTS. Borrower COVENANTS AND AGREES as follows:
<br /> 1. Payment. Borrower shall pay promptly when due any indebtedness to the Government secured by this instrument.
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<br /> 2. Fees. Borrower shall pay to the Government such fees and other charges that may now or later be required by Government
<br /> regulations.
<br /> 3. Application of payments. Unless applicable law or Government's regulations provide otherwise all payments received by
<br /> the Government shall be applied in the following order of priority: (a) to advances made under this instrument; (b) to accrued
<br /> interest due under the note; (c) to principal due under the note; (d) to late charges and other fees and charges.
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<br /> Initial date 11/10 FSA 1927-1 NF (01-28-05) Pale 2 oj'7
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