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<br /> YRUS'iVFt'S�ISCLAIMEf3 ANn ACKNOWL.EDAMEMT 97�— ��5�,'� -
<br /> (bisclaimer oi Hamestead)
<br /> The undersigned represent and warrant as true each of the following statements with
<br /> regard to the attached Deed of Trust:
<br /> 1. I acknowledge that I d6d read, �ign and execute this Disclaimer and --
<br /> Acknowledgment before I sl�ned the Deed of Trus�
<br /> 2. I understand, and understood before sipninq this Deed of Tnast, and
<br /> acknowled�e that the Deed of Trust is a truat deed and not a ma�tgage and that the power of
<br /> sale provided for in the Deed of Trust provfdes substandally dHYerent�ights and obii�a�ons to
<br /> , me than a mortgage in the event of e defauit or bregch of obtiQation und6r satd Desd of Trust �
<br /> 3. I understand and acknourledge that in the event of a default or breach of
<br /> obligatton by me, the Oeed of Trust ailows the Beneflciary the right to have the trust property
<br /> � sold by the trustee withou4 any judicial proceeding or foreclosure.
<br /> . 4. I represent and wamant that this Dlsclaimer and Acknowledgment was read end
<br /> executed by me before the execution of the Deed af Tn�s�
<br /> 5. No part of my homestead is presently or in the future will be situated upon the
<br /> -- f8a�@SLaL6 ati$f;tli�esi� iii Li8 L'c$L�af Tit1�L
<br /> � S. I understend that if I estabiish a homestead on any paR of the real estate during
<br /> �� the time the Deed of Trust remains unsatisfted and a Ifen upon the real estate, there shail be
<br /> � no right to make a designadon of homestead in the event of a foreclosure or trustee's sale
<br /> a upon the Deed of Trust.
<br /> � •,^
<br /> 7. Fa:ac la�tg a� tha D��d oi TRS;.t rcmY��J M,tJY�afs�c3�rtd a llen u�on the re�l
<br /> estata, I disclaim aRy dght under the Nebraska Farm Homestead Protedlon Act to make a
<br /> designa�on of homestead.
<br /> This Disclaimer and Acknowledgment is e preface to and is fited for record with and ss
<br /> � a part of the attached Deed ef Trust.
<br /> � ����
<br /> ' REN L.SCHMIDT,TRUST�R
<br /> ' STATE OF NEBRASKA )
<br /> Q ) SS:
<br /> , COiJNTY OF�Dl� )
<br /> The foregoing Disclaimer and Acknowledgment was subscribed and swom to and
<br /> acknowiedged before me on ,�, 1997 by K ren L.Sc id .
<br /> . ,
<br /> otary Publlc
<br /> My commission expires: l�
<br /> '�t:NEBAI IDTAIII'SWt ot Milt�
<br /> KATHLEEN
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