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<br /> • � Loan No.: F-194393/jim
<br /> FORM OF NEBRASKA YRUS I D��D `
<br /> TRUSTOR'S WAIVER AND ACI4NOWLEDGMENT OJ'r�1�5��
<br /> (Waiver c+f Hamesteac�)
<br /> Tho undersigned represent and wamant as trve each of the fnllowing statements with
<br /> regard to the attached Deed of Trust: -
<br /> 1. I acknowledge that I did read, sign artd execute thfs Waiver and
<br /> Acknowledgment before I signed the Desd of Trust.
<br /> 2. I understend, and understood betore signing said Deod of Trust, and
<br /> acicnowledge that the Deed of Tnist is a trust deed and not a mortgage and thet the power af
<br /> sele provided for in the D�ed of Trust provides substanHally different �ights and oblfgaUons to -
<br /> me than a mortgage in the event of default or breach ot obliga�on under said Deed of Tn.ist.
<br /> 3. I understand and acknowledge that in the event of the default or breach of
<br /> obligation by me,the Deed of Trust allows the Beneficiary the�ight to have the trust property
<br /> sold by the tnastee without any Judicial proceedings or foreclosure.
<br /> 4. I represeM end wamant that this written acknowledgment was read and
<br /> executed by me before the execution of the Deed of TNSt.
<br /> 5. I understand and aGcnowied�e that i i�ave ihe ri9i�i iv r�si�s a �a�a^�t3cn of
<br /> homestead in the Deed of Trust and I hereby waive such �ight
<br /> 6. For so long as the Deed of Trust temains unsatisfied and a lien upon the real
<br /> estate, I waive any right under the Nebraska Farm Homestead Protection Act to make a
<br /> desi�nation of homestead.
<br /> !. I underseand and acknowisdga ii�ai �ny @XvCit�iBii o� tiiis WSivsr and
<br /> Acknowiedgment constitutes the wafyer of rights otherwtss available for the purpose of
<br /> affording me the oppo�tunity to retain my homestead In the event of a default upon th� Deed
<br /> of Trust
<br /> This Waiver and Acknowledgment is a preface to and is �fled for record wlth end is a
<br /> _ paR of the attached Deed of Trust. �
<br /> ����
<br /> - EDWIN R.SCHMIDT,TRUSTOR
<br /> STATE OF NEBRASKA )
<br /> � ) SS:
<br /> COUNTY OF )
<br /> The foregofng Waiver a Acknowledgment was subscribed and swom to and
<br /> acknowledged before me on , 1997 by Edwin R. Schmidt.
<br /> �MERAt NOtARY•Shte ol Nebr+sky � �
<br /> BRIAN L.HAYES � otary Public
<br /> �ry Cdne.E�p kxA�1000
<br />— My commission expires:
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