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201101658
<br />westerly line of Vanmeter/Manfull Subdivision; thence running S 16°11'11" E on the westerly line of
<br />Vanmeter/Manfull Subdivision, a distance of Two Hundred Sixty One and Ten Hundredths (261.10)
<br />feet, to the southwest corner of Lot One (1), Vanmeter/Manfull Subdivision; thence running N 84°58'24"
<br />E on the southerly line of Lot One (1), Vanmeter/Manfull Subdivision, a distance of Three Hundred
<br />Eighty Eight and Ten Hundredths (388.10) feet to the southeast corner of Lot One (1),
<br />Vanmeter/Manfull Subdivision; thence running N 05°23'49" W, on the easterly line of Vanmeter/Manfull
<br />Subdivision, a distance of Five Hundred Fourteen and Twenty Hundredths (514.20) feet, to a point on
<br />the southerly right of way line of Platte River Drive; thence running N 60°41'31" E, on the southerly right
<br />of way line of Platte River Drive, a distance of Four Hundred Eighty and Ninety Five Hundredths
<br />(480.95) feet to point on the north line of said Northwest Quarter (NW%4); thence running N 89°14'11" E,
<br />on the north line of said Northwest Quarter (NW%4), a distance of ' ndred Thirty Nine and Forty
<br />Nine Hundredths (639.49) feet, to the northeast corner_ af� Northwe t Quarter (NW'/4); thence
<br />running S 00°08'21" W, on the east line of said Northwest Quarter (NW%4), a istance of Two Thousand
<br />Six Hundred Three and Forty One Hundredths (2603.41) feet, to the southeas corner of said Northwest
<br />Quarter (NW%4); thence running N 89°59'05" W on the south line of said Nort west Quarter (NW%<), a
<br />distance of Two Thousand Six Hundred Forty Eight and Twenty Hundredths (2 48.20) feet, to the point
<br />of beginning
<br />together with all Trustor's right, title, and interest in the property, now or herea I er acquired, including:
<br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now lon or hereafter placed
<br />upon the property; all appurtenances, water, water rights, irrigation, and dr�inage 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 integrai 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 Note(s) or Credit Aqreement(sl Principal Amount
<br />03/01 /2011 $490, 000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br />time will not exceed the sum of FOUR HUNDRED NINETY THOUSAND, ($490.000.00), exclusive of
<br />interest and protective advances authorized herein or in the loan agreement(s); provided further, that
<br />THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR
<br />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 Mav 1, 2011.
<br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that
<br />Trustor(s) has good and lawful authority to deed and encumber the same, that the property is free and
<br />clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) will warrant
<br />and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also
<br />hereby waives and relinquishes all rights of dower, homestead, distributive share, and exemption in and
<br />to the above described property.
<br />This is a purchase money trust deed.
<br />Trustor(s) and each of them further covenants and agrees with Beneficiary as follows:
<br />1. To pay all liens, judgments, or other assessments against the property, and to pay when due all
<br />assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or
<br />privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or on public
<br />domain.
<br />2. To insure and keep insured buildings and other improvements including fixtures and attachments
<br />now on or hereafter placed on the property to the satisfaction of Beneficiary, will on demand furnish
<br />said policies or furnish proof of insurance to Beneficiary. Any sums so received by Beneficiary may be
<br />used to pay for reconstruction of the destroyed improvements or if not so applied may be applied, at the
<br />option of Beneficiary, in payment of any indebtedness matured or unmatured secured by this Trust
<br />Deed. Such insurance will be in an amount at least equal to the lesser of the loan balance, the actual
<br />cash value of the collateral, or the replacement cost of the property, and will at a minimum, cover losses
<br />caused by fire, lightning, explosion, riot, aircraft, vehicles, vandalism, civil commotion, smoke,
<br />App #: 5065371; CIF #: 167451; Note #: 104 220KS Legal Doc. Date: March 1, 2011
<br />FORM 5011, 7rust Deed and Assignment of Rents Page 2
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