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<br />COMPLETE this portion ONLY if the real property described I
<br />consists of INDIVIDUALLY OWNED AGRICULTURAL LAND
<br />r
<br />If applicable, complete ONLY ONE either A, B, or C:
<br />❑ A. DISCLAIMER 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
<br />em if more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of Trustor's homeste
<br />presently or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on s
<br />(rt of said real estate during the time the Deed of Trust remains unsatisfied and there is a lien upon said real estate, there shall be
<br />lht to make a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust.
<br />Q 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 />em if more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor
<br />is right to make a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the
<br />irpose 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 the Farm Homestead Protection Act (Section 76 -1901 et seq. Revised Statutes of the State of Nebraska), Trustor
<br />�reby designates the real estate described in the "Designation of Homestead" attached hereto and incorporated herein by this refer -
<br />rp Larry M. Harrenstein Revocable Trust
<br />X Wi,9;z: B
<br />Larry�`M. Harrenstein Trustor Larry W: Harrenstein Trustor Trustee
<br />Donna J. Harr n ein Rev ble Trust
<br />B
<br />Donna J. H enstein Trustor Donna J. Har e s ein Trustor Trustee
<br />AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES
<br />THIS DEED OF TRUST, is made as of the 19th day of March _,49 2001 by and among
<br />Larry M. Harrenstein and Donna J. Harrenstein, husband and wife; Larry M. Harrenstein
<br />theTrustor, Revocable Trust; Donna J. Harrenstein Revocable Trust ,
<br />whose mailing address is 13340 S Locust St, Doniphan, NE 68832 -9637 (herein " Trustor", whether one or more),
<br />the Trustee CITY NATIONAL BANK AND TRUST COMPANY
<br />whose mailing address is P.O. Box 349, Hastings, NE 68902 -0349 (herein "Trustee "), and
<br />the Beneficiary, CITY NATIONAL BANK AND TRUST COMPANY
<br />whose mailing address is P.O. Box 349, Hastings,NE 68902 -0349 (herein "Lender").
<br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Larry M. Harrenstein and
<br />Donna J. Harrenstein & Larry M. Harrenstein Revocable Trust & Donna J. Harrenstein
<br />Revocable Trust (herein "Borrower," whether one or more) and the trust herein created, the receipt
<br />of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real
<br />property described as follows:
<br />SEE EXHIBIT 'A'
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances
<br />located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such per-
<br />sonal property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating and cooling equip-
<br />ment; and together with the homestead or marital interests, if any, which interests are hereby released and waived; all of which, includ-
<br />ing replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and
<br />all of the foregoing being referred to herein as the "Property ".
<br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a promissory note or credit agree-
<br />ment dated March 19, 2001 , having a maturity date of March 15, 2002 ,
<br />N13C 3457F (Agricultural Deed) Rev. 8/95
<br />a 7988 National Bank of Commerce Trust and Savings Association, Lincoln, Nebraska
<br />
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