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<br /> <br /> M <br /> <4~ <br /> a C~ Irt <br /> A A U) N <br /> N~ C A rn 4` M C= O <br /> C. <br /> Q X c rv -T1 F-A <br /> Ca~~ rna T1 OD <br /> CA cz) <br /> ~ ~ n- -a <br /> m <br /> co CJ't <br /> o <br /> <br /> <br /> Do not writelttype above this line. For filing purposes only. <br /> - FORM 5011 (6-2009) <br /> RETURN TO Farm Credit Services of America, PO Box 5080 Schulte Kathy S <br /> PREPARER: Grand Island, NE 68802 (308) 364-0557 <br /> Farm Credit Services of America <br /> TRUST DEED AND ASSIGNMENT OF RENTS <br /> <br /> Trustor(s): <br /> Shirlee Porter, Trustee for Shirlee Porter Revocable Trust dated September 11 2007 <br /> Mailing Address: <br /> 1705 14th St <br /> Rock Valley, IA 51247-1210 <br /> This Trust Deed and Assignment of Rents is made September 24. 2010, by and among the above <br /> named Trustor(s) and AgriBank, FCB, "Trustee," whose mailing address is PO Box 64949, St. Paul, <br /> Minnesota 55164-0940, and Farm Credit Services of America FLCA, "Beneficiary," whose mailing <br /> address is PO Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the <br /> principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably <br /> transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and <br /> security of Beneficiary, its successors and assigns, under and subject to the terms and conditions <br /> of this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as <br /> follows: <br /> Tract 1: The Northeast Quarter (NE 1/4) of Section Ten (10), Township Nine (9) North, Range Nine (9) <br /> West of the 6th P,M., Hall County, Nebraska, excepting a certain tract more particularly described as <br /> Lot One (1), M L Harris Subdivision, Hall County, Nebraska, recorded in Document No. 200602208 <br /> together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: <br /> all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed <br /> upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents, <br /> issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of <br /> whatever nature, including geothermal resources; all personal property that may integrally belong to or <br /> hereafter become an integral part of the real estate whether attached or detached, including any <br /> appurtenances and accoutrements of any structure or residence secured hereby; easements and other <br /> rights and interests now or at any time hereafter belonging to or in any way pertaining to the property, <br /> whether or not specifically described herein; all above and below ground irrigation equipment and <br /> accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the <br /> property, now or hereafter issued, extended or renewed by Trustor(s), any State, the United States, or <br /> any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in <br /> this document as the "property." <br /> It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure <br /> the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are) <br /> liable thereon, and all future and additional loans or advances, protective or otherwise, which may be <br /> made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties <br /> liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon, <br /> all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) modifying <br /> the same. <br /> Date of Notes or Credit Agreement(s) Principal Amount <br /> 09/24/2010 1751000:00 <br /> Provided, however, that the total principal indebtedness outstanding and secured hereby at any one <br /> time will not exceed the sum of ONE HUNDRED SEVENTY-FIVE THOUSAND, ($175,000,00), <br /> exclusive of interest and protective advances authorized herein or in the loan agreement(s); provided <br /> further, that THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER <br /> OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL <br /> PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br /> This Trust Deed will be due October 1 2015. <br /> App 5028582; CIF 149441; Note 203 220KS Legal Doc. Date: September 24, 2010 <br /> FORM 5011, Trust Deed and Assignment of Rents page 1 <br />