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201109015
<br />(1,325.0) feet to the point of beginning and containing 20.684 acres, more or less of which 0.515 acres,
<br />more or less, is presently occupied by public road right-of-way,
<br />AND further excepting therefrom a tract of land legally described as Lot One (1) M.G. Subdivision, Hall
<br />County, Nebraska, and conveyed by Warranty Deed dated March 19, 1999, and recorded on March 19,
<br />1999, as Document No. 99-102877 in the office of the Register of Deeds of Hall County, Nebraska.
<br />Parcel B:
<br />A tract of land comprising a part of the Northwest Quarter (NW1/4) of Section Twenty-eight (28),
<br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, and more
<br />particularly described as follows:
<br />Beginning at the Southwest corner of said Northwest Quarter (NW1/4); thence Northerly, along and
<br />upon the West line of said Northwest Quarter (NW1/4), a distance of Six Hundred Eighty (680.0) feet;
<br />thence deflecting right 89 37 �5 and running Easterly, parallel with the South line of said Northwest
<br />o � ��
<br />Quarter (NW1/4), a distance of One Thousand Three Hundred Twenty-five (1,325.0) feet; thence
<br />deflecting right 90°22'45" and running Southerly, parallel with the West line of said Northwest Quarter
<br />(NW1/4), a distance of Six Hundred Eighty (680.0) feet to a point on the South line of said Northwest
<br />Quarter (NW1/4); thence deflecting right 89°37'15" and running Westerly, along and upon the South
<br />line of said Northwest Quarter (NW1/4), a distance of One Thousand Three Hundred Twenty-five
<br />(1,325.0) feet to the point of beginning and containing 20.684 acres, more or less, of which 0.515 acres,
<br />more or less, is presently occupied by public road right-of-way, except M.G. Subdivision.
<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 addition�i loans �r 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 A�reement(s) Principal Amount
<br />11/30/2011 $267,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one
<br />time will not exceed the sum of TWO HUNDRED SIXTY-SEVEN THOUSAND, ($267.000.00), exclusive
<br />of 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 June 1. 2031.
<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 />Trustor(s) and each of them further covenants and agrees with, or certifies to, Bene�iciary as
<br />follows:
<br />1. To pay all liens, judgments, or other assessments against the properly, and to pay when due all
<br />assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or
<br />App #: 5108136; CIF #: 93750; Note #: 206 220KS Legal Doc. Date: November 30, 2011
<br />FORM 5011, Trust Deed and Assignment of Rents Page 2
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