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<br /> � pREFAGE TO MURTGAGE OR DEED OF TRUST UNDER
<br /> � FARM AOMESTEAD PRQTEGTION ACT
<br /> CORR�CTIVE ' A�� 1��rl6 ��
<br /> 7
<br /> the undarsigned ��o
<br /> In accordance with the pr�visions of tho Nebraska Farm Homestead Protection Act, .
<br /> BRADLEY STUI7,MAN�nd CRYSTAL STUTZMAN, hu�bapd and �vife, prior to executing the attached
<br /> Dced of Trust dsted M�y 15, 199s,by and between the undersigned and TSE STATE BANK OF CAIRO,A
<br /> Nebr�sk�Bxnkin�Corporation,(hereinaiter referred ta as"1�4ortgage")hereby stat�and acknowlcdge:
<br /> 1. Ti2at no part of tho homestead af the underai� is presently, or in the future will be, situatcd oa the
<br /> fc�9Sowing desaribed real e�te,(hereafter Parcel 1)nor are there any builrlangs sufficient to be designated as
<br /> a homestead, presently lucated upon said Parce! 1: .
<br /> • 'Tt�e Southwest Qiarter(SW 1/4)of Soction'Itventy•Seven(27),To��ship Elaven(ilNorth,Rangd�w�lv�(I�West of � ,
<br /> the 6th P.M.,Hall County,Nebraska exc�epting a ccrtaih tract more panicular3y describod in Doed r000rdod in Book 1i0�
<br /> Page 372 and exapting a tract of land more particularly dacribed�s follows: Commencing at ttre W�st Quazter(W U4) ,
<br /> corner af SauthwYSt Quarier(SW 114)c�f said 5ection 27,also being lhe POINf OF BEGINMNG;theaoc S 89°I1'43" E
<br /> �k,ng�hc,notih line of said(SW 1./4)a distana of 33.00 foct ta At!b oounry roed right-of-way (ine;�t+moe co��� �
<br /> 89°11'43"L� along said north line af(SW 1/4)a distance oi i�4t�.:i�foci;inca,i���Y24.,0 E a di.......��f---..
<br /> thenoe S 23°S1'20"W a distana of 439.08 fat;thena S 80°34'16"W a distanoe of 473.07 fac;thert�x S 84'3`�SS"W a
<br /> distana of 989.08 foet to the awnty ra�d right-of-way line;thence continuiag S R4'39'SS'W a tlistana%af 33.14 feet to ibo�
<br /> ..,��.w�v�eM��►..�....�cairi�vrcl litw Af fCW.1141 A d'ltta110C Of 1277.I�i IOC!W t�1E'PO�11�O�' _
<br /> \1'GSi lll1C OS 3a10(b W 1!4);Il�lNC iv w vv v✓ .. .......e�-_ ..__. . .
<br /> beginning,saic!tract contains+1�i.49 ac�es more or less,of which 0:966 acre is county road right-of•�vay. �
<br /> 2. The undersigned acknowledge that while thc Mortgage or Deed of Trus�'remains unsatisfied and a lien on�
<br /> said Parcel 1, they shat�have np right presentiy or in the future tq maice a designation of homestead on
<br /> Parael 1, including without limitation,in the event of a fareclasure ar trustee's sale under the mortga6e or
<br /> Ueat ofTrust. �
<br /> 3. �'he undersigned aclrnotiv3edge that if,cc�ntrary to thus Disclaimtr,they establish a humestoad on said Pucd.
<br /> . 1 during the time the Mortgage or Dxd of T�ust remains unsatasfied and a lien upon Parcel 1, thcy shall
<br /> have no right to make a dGSignarion of homestead in the event of a foreclosure or tru�tee's sale under the
<br /> Mortgage or Deed ofTrust.
<br /> 4. The under�ignM state ti��t thu acknowledgment is their kno�ins �nd voluntary act�nd dad�ad
<br /> conatituta � written discLiwer :nd �ciceowledgment under We Nebrasica Fars� go�ata�d
<br /> Protectas Act �ad the uadenisned do hereby disclaira any right to dai�nate a hasatead i�► the
<br /> -event of defiult upon such Mortg�ge or Deed of Trust or ip t6e e�vent of�fortclos�re or tra�t'x�:
<br /> sale under t6e Mortgstge or Decd of Truy�.
<br /> S. The undersigr►ed further understand and agree th�t this acknowledgment and Disclaimer shall be filed as a
<br /> Preface to and become a part of the Mortgage or Deed of Trust. • �• �' •.
<br /> Dated: May 15, 1998 B� Ey ��AN
<br /> �a�
<br /> , C1tYSTA S MAN
<br /> v
<br /> S'TA1E OF NEBRASKA)
<br /> )SS
<br />-- COUNTY OF'13A,LL )
<br /> Th� foregoing instrument was acknowledged before me on May 15, 199s� by HRADLEY S'CUTZMAN
<br /> And CRYSTAL STUTZMAN,husb�nd and wife. ���R�_ „
<br /> �
<br /> ��u�aw , —
<br /> p,,,,,, 1 NOTARY PUHLIC
<br /> M`�
<br />�...1 ' "_ _ . _ - ._. .. _ .
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