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201605527
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Last modified
7/3/2017 5:40:38 PM
Creation date
8/26/2016 11:46:49 AM
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DEEDS
Inst Number
201605527
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Survivorship Required: <br />Under Nebraska Law, the interest of a designated beneficiary is contingent on the designated beneficiary surviving the <br />transferor by one hundred twenty (120) hours. <br />This TOD Deed is Revocable: <br />Before my death, I have the right to revoke this deed. <br />Growing Crops: <br />If this land is agricultural land the growing crops shall pass to: <br />X My primary or alternate beneficiary <br />My estate <br />I understand that if I make no choice growing crops pass to my estate. <br />Legally Required Warning in the TOD Deed: <br />Please pay close attention to the following warnings: <br />Warning: <br />Warning: <br />The property transferred remains subject to inheritance taxation in Nebraska to the same extent as <br />if owned by the transferor at death. Failure to timely pay inheritance taxes is subject to interest and <br />penalties as provided by law. <br />Warning: <br />The designated beneficiary is personally liable, to the extent of the value of the property transferred, <br />to account for Medicaid reimbursement to the extent necessary to discharge any such claim <br />remaining after application of the assets of the last surviving transferor's estate. The designated <br />beneficiary may also be personally liable, to the extent of the value of the property transferred, for <br />claims against the estate statutory allowances to the last surviving transferor's surviving spouse and <br />children, and the expenses of administration to the extent needed to pay such amounts by the <br />personal representative. <br />Warning: <br />The Department of Health and Human Services may require revocation of this deed by a transferor, <br />a transferor's spouse, or both a transferor and the transferor's spouse in order to qualify or remain <br />qualified for Medicaid assistance. <br />Signature of Owner Making This Transfer on Death Deed: <br />We, Leondis L. Lucas and Mary L. Lucas, the transferor(s), sign our names to this instrument on August 22, 2016, <br />and being first duly sworn, do hereby declare to the undersigned authority that we sign and execute this transfer on death <br />deed to transfer our interest in the described real property and that we sign it willingly or that one or both of us willingly <br />direct another to sign for that signer or signers, that we execute it as our free and voluntary act for the purposes therein <br />expressed, that we are eighteen years of age of older or are not at this time a minor, and that we are of sound mind and <br />under no constraint or undue influence. <br />The two witnesses must be disinterested for this Deed to be valid. Interested witness means any individual who on the <br />date that this deed is executed is or would be entitled to receive any interest in the land if the transferor died under the <br />circumstances existing at the date of the signing of this deed. <br />We, Z " f- >C/ and )t 1 1 1 , the witnesses, sign our names <br />to this instrument, being first dul orn, and do hereby declare to the undersigned authority that the transferor signs <br />and executes this transfer on death deed to transfer his or her interest in the described real property and he or she signs <br />it willingly or willingly directs another to sign for him or her, and that he or she executes it as their free and voluntary act <br />for the purposes therein expressed, and the each of us, in the presence and hearing of the transferor, hereby signs this <br />deed as a witness to the transferor's signing , and that to the best of our knowledge the transferor is eighteen years of <br />age or older or is not at this time a minor and the transferor is of sound mind and under no constraint or undue influence. <br />Leo is L. Lucas, Transferor <br />Mary L. Lucas, Transferor <br />Address of Witness <br />Address of Witness <br />201605527 <br />5 <br />
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