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<br />13a6tere (lam net"
<br />FINANCING STATEMENT & sFk%T] ff AGREEMEM
<br />first) Secured Party(ies)
<br />and addresses
<br />THE STATE BANK OF CAIRO
<br />& ' CA1Ro, NzuASRA 6M4
<br />M.
<br />1 ;
<br />For telling Officer
<br />wlro, nt: IJaac�r 00 107055'
<br />f
<br />DebL whether one or more, for consideration, hereby grants to Secured Party a security interest in the following property and say
<br />and all increase. additions, accessions and substitutions thereto or therefore thereinafter called the Collateral):
<br />All farm products. including but not limited to. all livestock, crops, grain, hay, seed, feed, fertilizer, supplies and products of crops and of live-
<br />stock; together with all equipment, including, but not limited to all farm equipment, tractors, non-filled vehicles, machinery, implements, tools,
<br />irrigation systems, dairying systems, and all goods owned or used for preparing land or for planting, cultivating, fertilizing, irrigating, her -
<br />vsstfng, moving, drying, storing, marketing or processing of crops, products of crops, grain, seed. or feed or for raising, feeding, handling.
<br />breeding; marketing or caring for fivestock.
<br />Including but not limited to: York bin, 30,000 bu cap.; Grain Systems Inc. bin,
<br />17,000 bu cap.; Grain Systems Inc, bin, 17,000 bu cap.; Grain Systems Inc. bin,
<br />10,000 bu cap;; Grain Systems Inc. bin, 17,000 bu cap and a 50 x 75 Atlantic
<br />Quonset Building.
<br />If marked here M Debtor grants a security interest in all similar property owned by Debtor during the time the obligations are out-
<br />standing, although such property may be acquired or be natural increase after the date hereof.
<br />If mucked here !tf the security interest shall attach to a product and Proceeds of collates!, but secured Party does not hereby consent
<br />in the sate of the collateral.
<br />If marked here r] Debtor shall. so long as no event of default has occured. have the right in the regular course of business, to process
<br />and sell inventory and farm products only, but the security interest shalt attach to zil Product and Proceeds of all Coliater..i.
<br />If any of the collateral has been attached to or is to be attached to real estate, or if the Collateral includes crops or oil, gas or minerals
<br />to be extracted or timber to be, cut, a description of the real estate is as follows:
<br />W-2 SW; & S12 NW% Sec. 11- 12 -11, Hall County, NE
<br />and the name of the record owner of the real estate is . .............._._....
<br />Debtor warrants that unless marked otherwise the Collateral is used or being bought primarily for personal. family or household pur-
<br />poses: but if marked here O for farming operations, if marked here ;^ for business operations. and if marked here a t::e Collateral is being
<br />;acquired with the proceeds of the note or notes, which Secured Party may disburse directly to the seller of the Collateral.
<br />This and all allied instruments are executed to secure Payment of the indebtedness evidenced by certain promissory note.... of
<br />'feven date.herewith payable to Secured Party. or order. as follows:
<br />$115,000.00 due in instalments with final payment due 1- 10 -92.
<br />together with the covenants in this agreement, such additional sums as may at the option of tae Secured Party be advanced to Debtor. such
<br />1 adranees as.. shall be made by Secured Party under this agreement for the protection of the Collateral. any and all other amounts as shall in any
<br />manner be due from Debtor to Secured Party and all costs and expenses incurred to the collection or same and enforcement of rights of Secured
<br />S Party hereunder. all of the foregoing being collectively called the Obligations.
<br />R AGREES THAT HE HAS READ THIS AGREEMENT AND THAT THIS AGREEMENT INCLUDES AND IS SUBJECT TO. THE
<br />PROVISIONS SET FORTH BELOW AND ON THE REVERSE SIDE HEREOF. THE SAME BEING INCORPORATED HEREIN
<br />Executed:.
<br />THE
<br />V"
<br />.a !......_._. day of .L. -1., =�►. LC S._ ._.. _._ ..._... 29.C1...T�'
<br />BANIGOF CAIRO
<br />iB/RA WA GM24
<br />Party
<br />i,aver}
<br />Debtor
<br />
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