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<br /> RETURN TO Farm Credit Services
<br /> PREPARER: P.O. Box 1808 . C x Z
<br /> Grand Island, NE 88802-1808 a a'
<br /> (308)382.9026 (W CA 1M1
<br /> 41
<br /> List essaciatfd ben numbarr si*"ys in r`Ppar right comer above,
<br /> Othartviss, ab not
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<br /> HOMIESTEAD DF,3MATION WANFR
<br /> In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Slat. Sections 76-1901, at. seq., as a preface to
<br /> the execution, and as a. Dart of the following Trust Dead, the undelJonsd Trustor(s) being first duly sworn, elects to Walw the Right to
<br /> Designate a Homestead.
<br /> 11We understand that I/we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver
<br /> constitutes a waiver of rights otherwise available to me/us for the purpose of affording melus the opportunity to retain my/our homestead in the
<br /> evgof,!t upon Ihf Trust peed.
<br /> ROH AN PHYLLIS THMAN
<br /> Farm Credit Services
<br /> TRUST DEED AND ASSIGNMENT OF RENTS
<br /> Trtuto►(e I:
<br /> RODNEY R RATHMAN, A/K/A RODNEY RATHMAN and PHYLLIS I RATHMAN, A/K/A PHYLLIS RATHMAN,
<br /> husband and wife
<br /> Mell&r' Address:
<br /> 700 N 130TH RD
<br /> WOOD RIVER NE 68983.9803
<br /> This Trust Deed and. Assignment of Rents is trade is PO 7 9 by and among the above named Trustorls) and AgAmerica,
<br /> F
<br /> Ell= CB, "Trustee," whose mailing address Box TAF-CS, Spokane, Washington 99220-4008, and
<br /> r i Service of the Midlands A "Beneficiary," whose mailing address is 908S 93 th Street
<br /> 1 45 in consideration of the advance by Bepeficiary to Trustor(s) of the principal sum
<br /> specified below, the receipt of which is hereby acknowledged, and any future, additional, or protective advances made to or on behalf of
<br /> Trustor(s) at Beneficiary's option, Truster(s) irrevocably transfers, convoys and assigns to Trustee, IN TRUST. WITH POWER OF SALE, for the
<br /> benefit and security of Beneficiary, its successors and assigns, under and, subject to the terms and conditions of this Trust Deed, the
<br /> property, located in H tail County(ies), State of Nebraska, and.described as follows:
<br /> PIE 114 of Section 18, Township I IN. Range I IW 8th P.M.
<br /> together with all T rustar's right, title, and Interest in the property, now or hereafter acquired, including: alf buildings, fiirturei, crops, and
<br /> improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; a7 rents, issues, uses,
<br /> income, profits, and rights to possession; ail oil, gas, gravel, rock, or other minerals of wJhatever nature, indudinq geothermal resources; all
<br /> personal property that may integrally belong to or hereafter become an integral part of the red estate whether attached at detached, including
<br /> any appurtenances and accoutrements of any, structure or residence secured hereby; casements and other rights and intdreats now or at any
<br /> time hei eafter belonging to or in any way partaindng to the property, whether or not specifically'descn-bed herein; all above and below ground
<br /> Irrigation oquipment and accessories; and all losses, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or
<br /> hereafter Issued, extended or renewed by Trustor(a), any State, the United States, or any department, bureau, instrumentality, or agency
<br /> thereof. The foregoing is ootlect:vely referred to In this document as the 'property.'
<br /> It Is understood and agreed between Tnutor(sl and Beneficiary that this Trust Dead Is given to secure:
<br /> Is) Promissory rote(s) executed by Trustor(s) to Beneficiary described as follows:
<br /> Qrte_of Note Edn!jq l Amount
<br /> 06/227196 290,000.00
<br /> payable according to the terms of the note(a), a►td any addendum to, reamortization or restructuring of the note(s).
<br /> lb) The repayment In- full by Trustor(R) of any and.all future and additional loans or advenaos which may be made by Beneficiary, at Its option,
<br /> at the request of, and to or for the acrrunt of Trustor(s), or any of them, for any purpose, plus interest on all loans or advances, under any
<br /> note(s) or other instrument(s) modify!ng, refinancing, extending, renewing, rownert4ing, or restructuring, now existing, or additional
<br /> indebtedness or any pert thereof, all payable according to the terms of the note(s) or other Instrument(s); provided, however, that the total
<br /> principal indebtednas■ outstanding and recured hereby at any one time will not exceed the sum of:
<br /> TWO HUMOR D NIN THOUSAMO DOLLAR
<br /> 0 290.000 t7 exclusive of Interest and protective advances authorized herein or In the loan agreement(s); provided further, that THIS
<br /> PARAGRAPH SHALL NOT CGNSTITUTE A COMMITMENT TO MAKE' FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br /> WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br /> Ic) The repayment in full h'r Trustor(s) of all tMnasrts advanced by Beneficiary at its option, to or on behalf of Truator(s) an protective advances
<br /> euthorixed herein, in t►v lr,en agreement(s), at in other Instrument(s) which evidence such advanced, plus Interest on ell such advances, payable
<br /> as providsd M the note(s), loan serf .mom(s), or other Instrumsnt(f). .
<br /> Id) The payment In full of wiy and all other past, present. or future. direct or contingent, debts and MAtles of Trustor(s) to Benefidwy of any
<br /> nature whatsoever.
<br /> Ap s: 00075Ii59 ; Primary Customer U1 S.'00039750: CIF s: 38408 Legal Der Data: Jens 27, 1998
<br /> FCSM 5011 Trust Dead and Assignment of Rents Page 1
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