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Transfer on Death <br />At the death of the survivor of us, we transfer our interest in the described property to the <br />beneficiary as designated above. The transfer occurs at the death of the survivor of the <br />Transferors. <br />Survivorship Required <br />Under Nebraska law, the interest of the designated beneficiary is contingent on the designated <br />beneficiary surviving the transferors by one hundred twenty (120) hours. <br />This TOD is Revocable <br />Before our death, we (or the survivor of us) have the right to revoke this deed. <br />Legally Required Warnings in the TOD Deed: <br />Please pay close attention to the following warnings. <br />2014041 30 <br />WARNING: The property transferred remains subject to inheritance taxation in the <br />Nebraska to the same extent as if owned by the transferor at death. Failure to timely pay <br />inheritance taxes is subject to interest and penalties as provided by law. <br />WARNING: The designated beneficiary is personally liable, to the extent of the value of <br />the property transferred, to the extent of the value of the property transferred, to account for <br />medicaid reimbursement to the extent necessary to discharge any such claim remaining after <br />application of the assets of the transferor's estate. The designated beneficiary may also be <br />personally liable, to the extent of the value of the property transferred, for claims against the <br />estate, statutory allowances to the transferor's surviving spouse and children, and the expenses of <br />administration to the extent needed to pay such amounts by the personal representative. <br />WARNING: The Department of health and Human Services may require revocation of <br />this deed by a transferor, a transferor's spouse, or both a transferor and the transferor's spouse in <br />order to qualify or remain qualified for medical assistance. <br />Signature of Owners Making this Transfer on Death Deed <br />We, Bonita J. Farr (a.k.a Nita J. Farr) and Thomas M. Farr, the transferors, sign our names to <br />this instrument this Itt day of j f a �v , 2014, and being first duly sworn, do hereby declare <br />to the undersigned authority that we sign and execute this transfer on death deed to transfer our <br />interest in the described real property and that we sign it willingly or willingly direct another to <br />sign for us, that we execute it as our free and voluntary act for the purposes therein expressed, <br />that we are eighteen years of age or older or are not at this time a minor, and that we are of sound <br />mind and under no constraint or under influence. <br />Bonita J. <br />Transferor <br />a.k.a Nita J. Farr <br />Thomas M. Farr, <br />Transferor <br />WARNING: The two witnesses must be disinterested for this Deed to be valid. An interested <br />witness means any individual who on the date of this deed is or would be entitled to receive any <br />