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<br /> PREFACE TQ AQi�I�l36Yt9RAL DEEO 0�'TRUSi' �
<br /> .,. "�j�� �:'��
<br /> � �� CQMPLE7C thiR portiqn OtJI.`l;t ihe real property ded6rlbed
<br /> � M conelsts of INOIVIQUALLY OWNFD AORICULTURAL LAND. r�
<br /> _„�;� I}epplicabto,comgioto ONl,f ONE either A,Q,ot C: �;_
<br /> +� �5 A.DISCLAIMER OF RIt3HT TO DESIf3NATE HOMFSTP.AQ:
<br /> � �, � Truator acknowledges that Trustor ia about to oxpcut�th�fafl�:m•���g Deed o}Trust upo�the Proporty.Trut�tor,end oach of lhom =,-
<br /> 3� It more than one,hereby dlsclaims Trusto�'s rlght to doslgna�t�t+hwm�Ytead on sald real ettete.No part o}Truator'o homeatoad la
<br />� presently or wlll In the tuture be sltuAtod upon eaid res�est�to.i'ruatpr unclerstanda that Ii Trustor eatebllshes a homostaad on ae�y 6
<br /> �� pan of sald real estate durinp the tlme the Deed ot Trust remairas urosntl�,tiu���nd a Ilen upon eald real estate,there ahall be no rlght to
<br /> ' " make e designeHon ot homestead In the event of a tpra�elosuro or tn�aR+n�'a eale wlth respect to sald�oad of Truat
<br /> �� ❑ B.WAIVER OF RIGHT TO DESIC�NATE HOMESTF�►D:
<br /> Trustor acknowlodpes thet Trustor is about to exacuto th�Qc�11�n•Ing Deed of Trust upon the Property.Trustor,and each of them
<br /> if more than ane,hereby waivea Trustor'e right to deslgnato a harez�atoad on sald real estate.Truator unders4ands that Trustor has
<br /> .. •• . rl�ht to make a desipnadan of homoatead and 4hat by exesutin�thls waiver,Trustor is walving rlghb otherwlse availnble for the
<br /> � purpose of eflordinp them the opportunity to ret�ln Yrustor's hommstoad in Yfle everil ol a default upan the Daatf of Trust
<br /> �'.��:� .
<br /> ❑ C.OEuICiNATION OF HOMESTEAD:
<br /> Purauant to the Farm Homaetead Protectlon,Aot(9octfc�v�7f3-'1901 et seq.Revised Statutes o}the State of Nebr�ska),Truator
<br /> '"�'�; hereby designetes the real ostate desoribed In the"Designation�f Hcrmestead"attached hereto and incorporated herein by this -
<br /> ' reference. r�a����, � �� � . � /� `
<br />,.�:•_� ��s t.Y-�• .�y. �� ��:� �x�t,.
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<br /> :;z,i'� �'T stor � � Truat . \
<br /> :,`�:.:� � ��l� .J � ��.��i' )
<br /> '°,��4i Trust r Trustor
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<br /> •�!`1'j�`��� AGRICULTURAL DEED O�TRID3T 1NITH FUTURE AOVANCES
<br /> '`���� THIS DEED OF TRU3T,le mado es of the � dey ot_ O toher _,19�� by and amon�
<br /> —_:�� Toalia lh Sch{n���an Karen T Sc.i_?ammn^ v..��.�.,a n,,,l Ltifa ,
<br /> .�y��� the T�uator,
<br />- � whose malting address is �+287 S Monitor Raad. Grgnd I3�snd, NE 6$���n"Trus4or",whethor one or more),
<br /> - -- the Trustee, B+�nk of Doniphan, a Nebraska Corporationz ,
<br /> :::������ '
<br /> Y whoso mailing address Is P � $�x B Doni.phun. .NE 68832 (hereln"Truatee'�,and
<br /> the Beneflclary, Bgnk of Donip7�an �
<br /> whose meiling eddress Is P � Box B� Dan�j��. uF 688�2 - (he7eln"Lender'�.
<br /> FOR VALUI��I.E CONSIDERATION,(ncludfng Lond��s sxtenslon o}credit identlfied herein to Les�.ie M. Schimmer and
<br /> �B�P�_g�(limmer ii+�sband_an W�e.�lyereln"Bor�ower;'whether one ar more)an�tho trust heroln creeted,
<br /> --- -- th�raceipt ot whiCh Is hereby ecknowledged,Trustor hMr•ss�y ir�evocaBly prante,transiere, conveye end aealgrs to Truetee, IN
<br /> - - TRUST,WITH POWER OF SAL.E,tor the benetit and aecurit�•z�1 Lender,under and eubJect to the terms and condition�9�ereln8fter set
<br /> = forth,the real properly,dt�scribed as tollows:
<br /> Y—.� See Exhibit A Attached
<br />--,=n�,:��� Together with all buildings,improvemonta,tixturar�,s3reete, eileys,passageways,essements,rlghte,privlleQe�and eppurte- -
<br /> :_:�7?-��� nances located thareon or in anywise pertaininp thEreto,and the renta,Issues end protits,raverslonn and remeindero thereot,and
<br /> -y ` �''''''�' � sucN personal proporty that la attnched to tt�.�•impravemen4s so as to constitute a tixture,Including,but not llmited to,heating and
<br /> �=��' cooling equlpment;and together with the hn:n��iead or merftal interosts,it any,which Interests ere hereby reteased and walved;eil
<br />-.:�;�";�t�`: 04 whlch,IncludlnD replacomonte and add(t+on9 therefv,fs horoby deciared to be e part of the real ostate socured by the Ilen of thla
<br /> •:,i�•,�r.:;. Deed o}Trust and all of the forogoinfl being rptflrrai to har�eln as the"Property".
<br />' �.'.`4?.::�.:: __
<br /> '=;��.:;:�-i�, ; This Deed of Trust ahali secure(a)tho ws ymont of th�prinGipal sum and Interest evidenced by a promissory note or credlt --
<br />-'�'''�''-��''��� �, October. 4� 1995 __ _,having a maturity date ot March 1. 2011
<br /> " ' agreement dated '
<br /> •.� �.'� � In tho orlpinni princlpa!amount at S 260.000.00 ,end any end all modlflcaUon�,extensions end ronewata
<br /> �-�,�:�''.� thereo}o�thereto and eny and all future advnncon and readvancsa to 8orrower(or any of them It more than one)hereunder
<br /> .....�...........�oe...���t w�.anmant�/heretn called NOte'7:(b1 the navment of other euma edvenCed by
<br /> rM�e--�. pursuarii ib v6o�i..-.'v.o r........�.�..-�---•-•--•• � -- - - - . . . .
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