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<br /> � ACKNOWI.BD�iNENT:
<br /> ° n+������+nedTrustorla)herebv acknowledpot end undersfandt Ihat(a)Ihe aecurity document bebw to be executed i�a TryalQ�r not a _
<br /> ' � ., � , moApape and(b)the powor of aelo providad fa In the Tru�t Deed proWdos�ub�tantlally 6Berent�iphu and obUQa�ona ro Uw9'rcWBrtsi��JI,�.
<br /> �� �� mort�age in iho event ot a dofauitor breaeh of oblig�tbn. Tha Trusta(s)fuAlwr ropreseM�and agreet that thls oaNficatipl h�s poon nad�and•' —__
<br /> °� _�: . , .,�- . executed in connecNon with,but prlor to,tha TrucWn'oYeation of tFw fNbwinp Truct Oeed. _ _-_ -- __ _-- --
<br /> ' ' � ?.� Dated thl� 26th day of Mara11 ,1992 �� �( ,�'!�1 � - �
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<br /> ,�;';i:. '':,`' � THIS AOKNOW4EOfi�IHNT MUBT 88 SIQNflD PRIOR TO EXECUTION O • ^ 1 ��A_,—_.�._•�:. .
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<br /> . . � �` ' , TRUST DEED AND ASSIGNMENT OF RENTS , =��;=••�F r•�• -
<br /> Thl�Tnut Cccd and Aisipnment ot Rente referred ro in the above aeknowledpmont i�made thf� ��Ch �y°� i �,R;�,��,_
<br /> ,. .� Mxrch ,t9�_,6yandonwnp platteland, Inc.. � Nebraska Corporution
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<br /> 'Trusta(�)'whosomalinpaddressls Route 1, Gibbon, NE 68840 �^d � �;4,,y;,�`:_,=- _
<br /> Farm Credlt Bank ol Omaha.'Truswa,• whoso madinp addrws b 206 Souih 191h 3ireat.Omoho,Nobra�ka 68102.and �arm Credit ;��: `.;;'`
<br /> " Bt�nk of Omaha ' � �. '.�"
<br /> ' •paneHofary;whoso rnnillnp�ddrolt Is 208 Soutl�191h Ireat,Omaha,Nebre�ka 88102,In eomberatlon of Ihe advanco by Banoliclary ro Truator(s)ot ! `�
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<br /> � the princfpal wm�peGlied below,the recxlpt of which Is hereby acknowledped,and any�ulure,additfonal,or protecuve edvences mede to or on behall I _
<br /> ol Trustor(t)at Benafieiary's optian,Tru�tor(s)Irtevoeedy uantfers,eonvey�and e�slgn�to Trustee,IN TRUST,WITH POWER OF SAIE,for the � , };, _,,,
<br /> benelit and securiry of 8enefiaary, its woceuora end etsipns,under and sub�ect W the terma end condllbna ot thls Trust Deed.th�property, , e �� �
<br /> . � bcated k1 � :
<br /> Nal l CouMy,SWIe ot Nebraska.and do4crihed at follows: ''�y
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<br /> topothor wllh aN Truator'a right,titla,end Interosl In the property,now or heraalter acquirod,includmg: all buildings.Fxtures,crops,end Improvementa ,,;�.
<br /> � now on or hereaker pleced upon the proporty;all appurtenances,walor,Irrlgatbn,and dra�nage rights:atl renls,Issues,uses,fncome,prollts,and rights �+
<br /> to posaeaslon;eW oll, pae,gravel,rock,or other minerala of whatever naluro,including geothermel resources;all poreonel properry thAt may Integrally
<br /> belong to or herealte�beeome en fntepral paA of Ihe real eatate whether attached or datachod,x�eludirq any appunonanws and aaoutremeMS of any
<br /> sWclwe a realdonce secured hereby;eN above and below qround irrigaUon equipmont and accessonoa:nnd all leasos,permits,Ikenaos,or privileges,
<br /> eppurtenant or nonappurtenant to Ihe praperry,now or hereallor Issued,extended or renewed by Trustorls),any State,tho United States,or any I
<br /> department,bureau,instrumentnlity,or apency thorool. The forapoing Is collectivoly raferrod to in this dxument as the'proporry.'
<br /> It Is undenlood md aprNd b�lw�en Trustory�►and B�mflcAry 1hN thls Tru�t Daad I�ylve�to��cura: '
<br /> ' ( ) Promfeso�y note(E)executad by Trustor(a)to Benet�aary doscnbed�s foilows
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<br /> p�,�e ol N ts �Jnoloal Amounl pate of Note PrinNoal Amount i •
<br /> MarCh 26, 1992 5100,000.00 �
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<br /> payabi�:accordng to tho torms ol lho noto(a),and any addonduma to.roumon�zutwn or rostructuring ot tha noto(s). ;
<br /> (b) T��ropaymvnt in lull by Trubtor(s)ot any and all futuro and add�uonal lo�n8 or ndvoncus wh�ch may bo madu by Bi��ul�c�ary.nt�IS opt�on,nl tho I
<br /> ►eque�t of,and lo or for tho eceaunt ot Trustor(s),or ony of Ihom,lor any purposo.ptus�ntorost on all loa�s or�,d:ances.���dor nr.y note(s)or other
<br /> fnatru�nont(s)modJying,rolinnncing,oxlundinp,renowmg.ronmortizmg,or rostruclurmg.nowexisting.or add�uonil ind�.ht�:dnoas or any p�rt thorool. :
<br /> all oavablo ac�rordmp to tho t�xma of Iho nota(s)or othor mslrumunt(s►, prowded, howow:r,th�t tho totnl pnnc�pal uid�;btOdno68 oulstandiny and i
<br /> � securodherebyatanyanctimow�IlnotoxcoedthosumofONC IIUNDRGD TtlOt)SAND J�ND Nu%1uu-__��-------^-------
<br /> I ___________________-..-----------------{70LLARS(E_]OO1000.00 ),oxclusivc of intorost and protactrve I
<br /> I edvancus authal2ed herein or fn tho loan ngraemant(s),prov�dod funhor.that THIS PAFAGRAPN SHAI L NOT CONSTITUTE A COMMITMENT TO �
<br /> I MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANV TIME.WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNE5S �
<br /> ABOVE HAS BEEN ADVANCED-
<br /> (c) 7he repayment fn tull by Trustor(s)o�all emounls advancod by Bono6c�ary nt ds opt�on, to or on boh�lf of Trustor(s)as prou�cUve ndvances
<br /> authotlxed haroin,in the loan egraomont(a),or in othar inatrumont(s)which ewdenco 5uch odvnncos.plus;nterost on nll such udvances.payablu ps
<br /> I provided In the noto(s),loan agroeme�t(s),ar other instrumant(s) ,
<br /> (� The payment in Idl of any and all othar pest,proaent,or tuture,dwett or contingent,dobls and I�ab�ht�os ol Trustor(s)to Borafic�nry ol ony nnturo I
<br /> whatsoever.
<br /> This Truet Doed will ba due May 1, 2017 ar upon tho payment�n lull ol all sums socurud hen�by
<br /> Trus�or(s)hereby warraNS lhet Tr�sb�(s)ho�tls�ea a�mp�e td�e io the abova Eeecnhed proparty.�"at i r�sto�(sl has goad n�d iaw�u�m.^�a<y ta d�cd a�d c�eumMr t�e �
<br /> same,thet the poperty�s lrea and c�ear ol all oans nntl e�cw�brancea,eicept eneumb�a�cen ol rocae.nna tnal irusto�151 N��i wn�rani,1nd dp�prd Ihp prOpE'ty ,u
<br /> I Trusror(s)pxpense, agn�nst nil cl��munts whomaouvor Trustor�sl a�so nmohy wmves a�d�a��qwsirs ii��g�+is o'dowi•r.�o��es�ena.a�su�r��tvc v�a•e a^a�.emPbo� •^
<br /> I ene io me abovedesa�twd proporry
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