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<br />PREFACE TO MORTGAGE OR DEED OF TRUST UNDER
<br />FARM HOMESTEAD PROTECTION ACT
<br />DISCLAIMER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, the undersigned, GLENN
<br />A. PETERSEN, as an individual, and BARRY G. PETERSEN, as an individual, prior to executing the
<br />attached Deed of Trust dated May 9, 2000, by and between the undersigned and THE STATE BANK OF
<br />CAIRO, A Nebraska Banking Corporation, (hereinafter referred to as "Mortgage ") hereby state and
<br />acknowledge:
<br />1. That no part of the homestead of the undersigned is presently, or in the future will be, situated on the
<br />following described real estate, (hereafter Parcel 1) nor are there any buildings sufficient to be designated
<br />as a homestead, presently located upon said Parcel 1:
<br />The North Half of the Northwest Quarter (N 1/2 NW 1/4) of Section Twenty (20), Township
<br />Twelve (12) North, Range Eleven (11), West of the 6th P.M., Hall County, Nebraska.
<br />2. The undersigned acknowledge that while the Mortgage or Deed of Trust remains unsatisfied and a lien on
<br />said Parcel 1, they shall have no right presently or in the future to make a designation of homestead on
<br />Parcel 1, including without limitation, in the event of a foreclosure or trustee's sale under the mortgage or
<br />Deed of Trust.
<br />3. The undersigned acknowledge that if, contrary to this Disclaimer, they establish a homestead on said Parcel
<br />1 during the time the Mortgage or Deed of Trust remains unsatisfied and a lien upon Parcel 1, they shall
<br />have no right to make a designation of homestead in the event of a foreclosure or trustee's sale under the
<br />Mortgage or Deed of Trust.
<br />4. The undersigned state that this acknowledgment is their knowing and voluntary act and deed and
<br />constitutes a written disclaimer and acknowledgment under the Nebraska Farm Homestead
<br />Protection Act and the undersigned do hereby disclaim any right to designate a. homestead in the
<br />event of default upon such Mortgage or Deed of Trust or in the event of a foreclosure or trustee's
<br />sale under the Mortgage or Deed of Trust.
<br />5. The undersigned further understand and agree that this acknowledgment and Disclaimer shall be filed as a
<br />Preface to and become a part of the Mortgage or Deed of Trust.
<br />Dated: May 9, 2000
<br />STATE OF el ( .1— )
<br />) SS
<br />COUNTY
<br />GLENN A. PETERSEN
<br />BARRY G. PETERSEN
<br />The foregoing instrument was acknowledged before me on May 9, 2000, by GLENN A. PETERSEN, as an
<br />individual, and BARRY G. PETERSEN, as an individual.
<br />DANIEL C. MOYNAHAND NOTA PUBLIC
<br />COMM. #1246999
<br />j NOTARY PUBLIC - CALIFORNIA
<br />d� LOS ANGELES COUNTY
<br />My -
<br />My m. Exp. December 25. 2003
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<br />PREFACE TO MORTGAGE OR DEED OF TRUST UNDER
<br />FARM HOMESTEAD PROTECTION ACT
<br />DISCLAIMER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, the undersigned, GLENN
<br />A. PETERSEN, as an individual, and BARRY G. PETERSEN, as an individual, prior to executing the
<br />attached Deed of Trust dated May 9, 2000, by and between the undersigned and THE STATE BANK OF
<br />CAIRO, A Nebraska Banking Corporation, (hereinafter referred to as "Mortgage ") hereby state and
<br />acknowledge:
<br />1. That no part of the homestead of the undersigned is presently, or in the future will be, situated on the
<br />following described real estate, (hereafter Parcel 1) nor are there any buildings sufficient to be designated
<br />as a homestead, presently located upon said Parcel 1:
<br />The North Half of the Northwest Quarter (N 1/2 NW 1/4) of Section Twenty (20), Township
<br />Twelve (12) North, Range Eleven (11), West of the 6th P.M., Hall County, Nebraska.
<br />2. The undersigned acknowledge that while the Mortgage or Deed of Trust remains unsatisfied and a lien on
<br />said Parcel 1, they shall have no right presently or in the future to make a designation of homestead on
<br />Parcel 1, including without limitation, in the event of a foreclosure or trustee's sale under the mortgage or
<br />Deed of Trust.
<br />3. The undersigned acknowledge that if, contrary to this Disclaimer, they establish a homestead on said Parcel
<br />1 during the time the Mortgage or Deed of Trust remains unsatisfied and a lien upon Parcel 1, they shall
<br />have no right to make a designation of homestead in the event of a foreclosure or trustee's sale under the
<br />Mortgage or Deed of Trust.
<br />4. The undersigned state that this acknowledgment is their knowing and voluntary act and deed and
<br />constitutes a written disclaimer and acknowledgment under the Nebraska Farm Homestead
<br />Protection Act and the undersigned do hereby disclaim any right to designate a. homestead in the
<br />event of default upon such Mortgage or Deed of Trust or in the event of a foreclosure or trustee's
<br />sale under the Mortgage or Deed of Trust.
<br />5. The undersigned further understand and agree that this acknowledgment and Disclaimer shall be filed as a
<br />Preface to and become a part of the Mortgage or Deed of Trust.
<br />Dated: May 9, 2000
<br />STATE OF el ( .1— )
<br />) SS
<br />COUNTY
<br />GLENN A. PETERSEN
<br />BARRY G. PETERSEN
<br />The foregoing instrument was acknowledged before me on May 9, 2000, by GLENN A. PETERSEN, as an
<br />individual, and BARRY G. PETERSEN, as an individual.
<br />DANIEL C. MOYNAHAND NOTA PUBLIC
<br />COMM. #1246999
<br />j NOTARY PUBLIC - CALIFORNIA
<br />d� LOS ANGELES COUNTY
<br />My -
<br />My m. Exp. December 25. 2003
<br />
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