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<br />PRE, ACE TO AGRICULTURAL DECD OF TRUST
<br />this port on t to rea properly lesocr e
<br />r• i ,., consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />If applicable, complete ONLY ONE either A, B, or C :.
<br />IN A. DISCLAIMER OF RIGHT TO DESIGNATE IOMESTEAD:
<br />Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of
<br />them if more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of Trustor's homestead
<br />Is presently or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on any
<br />part of said real estate during the time the Deed of Trust remains unsatisfied and a lien upon said real estate, there shall be no right to
<br />make a designation of homestead In the event of a foreclosure or trustee's sale with respect to said Deed of Trust.
<br />❑ B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD:
<br />Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of
<br />them If more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that 'Trustor
<br />has right to make a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the
<br />purpose of affording them the opportunity to retain Trustor's homestead in the event of a default upon the Deed of Trust.
<br />❑ C. DESIGNATION OF HOMESTEAD:
<br />' Pursuant to•tlie Farm Homestead Protection Act (Section 76 -1901 et seq. Revised Statutes of die State of Nebraska), Trustor
<br />hereby designates the real estate described in the "Designation of Homestead" attached hereto and incorporated herein by this
<br />reference.
<br />Trustor Trustor
<br />Trustor Trustor
<br />AGRICULTURAL DE hl OF TRUST WITIi FUTURE ADVANCES
<br />THIS DEED OF TRUST, is made as Hof the 151H day of MARCH 1 4 2000 by and among
<br />the Tntstor,' JAMES• D . RILEY ,ANI? SHARON RILEY aka. SHARON J RILEY, HUSBAND & WIFE
<br />whose mailing address Is (herein "Trustor ", whether one or more),
<br />the'Trustee,' ' PAM. OF DONIPHAN, A NEERASKA CORPORATION ,
<br />whose mailing address is. P 0 BOX 270 DONIPHAN NE 68832 (herein "Trustee "), and
<br />the Beneficiary, �ANR OF DONIPHAN, ORGANIZED & EXISTING UNDER-,THE LAWS OF THE STATE OF NE
<br />whose mailing address is P 0 BOX 270 DONIPHAN NE 68832 (herein "Lender ").
<br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to JAMES D RILEY AND
<br />SHARON RILEY aka SHARON J RIELY HUSBAND AND WIFE
<br />(herein "Borrower," whether one or more) and the trust herein created, the
<br />receipt of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST,
<br />WITH POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth,
<br />Parcel 1: The Southwest Quarter (SW) of Section Twenty —Seven (27) in Township Fourteen
<br />(14) North Range Thirteen (13), West of the 6th P.M., Sherman County, Nebraska AND
<br />Lot One (15 also known as the Northeast Quarterof the Northeast Quarter (NE }NE}) of
<br />Section Five (5), Township Ten (10) North, Range Twelve (12) West of the 6th P.M., in
<br />Hall County, Nebraska.
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances located thereon or In anywise pertaining thereto, and the rents, Issues and profits, reversions and remainders thereof,
<br />and such personal property that is attached to the improvements so as to constitute a fixture, Including, but not limited to, heating
<br />and cooling equipment; and together with the homestead or marital interests, If any, which interests are hereby released and waived;
<br />all of which, Including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of
<br />this Deed of Trust and all of the foregoing being referred to herein as the "Property ".
<br />NeC3 471? tMic%dW%l D..4 R.r• 497
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