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<br /> � � • � Ia accordance with the provisions of �he Nebraska Farm Hor.�s�ead �
<br /> Prot�ation Act, 2leb. Rev. Stat. �ection 76-1901, et. seq. EI�TON RATHMAN ans�
<br /> Vggp gA�t�N, husban8,and �vife, "'i'EZ(DSTORS'� in the attached Dead of Trust, .
<br /> � � hereby state and acknawledge: �.
<br /> 1. that we and each of ns understand that we or any of us have the
<br /> • �riqht to make a desiqnation of a redemptive homestead in the Mortgage or Deed
<br /> � of Trust in accordance with the provisiuns of the Nebraska Farm �iomestead
<br /> Protection Act.
<br /> 2: that we further understand that the execution of this "Waiver of
<br /> • Redemptive Honiestead" constitutes a waiver of the rights otherwise. available
<br /> to us for the purpose of affording us the apportunity to retain a homestead in . ,
<br /> the event c� default upon the Mortgage or Beed of Trust; and,
<br /> ; 3. that we and each of us hereby waive the rights available to us to �
<br /> designate a redemptive hamestead in accordance with the Nebraska Farm � ,
<br /> - Hamestead Prot?ction Aot, and h�reby wai.ve the rights we may otherwise have
<br /> � ; availahle ta us for the gurp�t�+� �of affardi.ng us an opportunity to retai.n a � �
<br /> homestead in .th.� event af.^:.�faz�?t ugon the Beed of Trust.
<br /> ; . " �,� .
<br /> p gp� VERA RA
<br /> 3 . . .
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<br /> �
<br /> ,
<br /> j We, E1ton Rathman and Ve�a.Rathman, husb�xr!� and wife, ("Tr�fft�r"), under , ;�
<br /> i that certain Deed of Truat in the oriqinal princ�ipal amount of 'TWt� �IUNDRED ,_
<br /> � SIXTY-FOUR THOUSAND DOI,LARS ($264,OOQ.00), and datea / r. 1990, to be , '
<br /> � entered into attiong Trustor, and BANK G�` �t00D RIVER, Wooc� River, ebraska _"'w
<br /> 1 68883, ("Trustee"), and SANK OF WOOD ?��R, Wood River, Nebraska 68883, . `
<br /> � ("Beneficiary"), covering the followa.n;-descri.bed property: ' _
<br /> � .-
<br /> i fihe East One-Ha�.f of the Southwest Quarter (E�3W3) of Section
<br /> . Thirty-One (31) and the Northwe�t �7uarter of iche Southwest Quarter
<br /> ; �NW3SW}) of Section Thirty-One (3?), all in Township Ten (,ld)
<br /> ' North, Range Eleven (11), West cf the 6th P.M., Hall Countg, -
<br /> � Nebraska; and, �
<br /> , � The West I�alf of the Nor�"s:ua�t �r��rter (W�NW}) (be�g shown on
<br /> t gavernment surv�.y as Lots 1 ar.�: �) of Section Thi.rt�-One (31), in �
<br /> - � � Township Ten (i�; NortYt, Rainge ��?�ven (11), West 6f the Sixth •� �
<br /> P.M., ea^epting therefrom that port�on t1:Qreof conveyed ta the
<br /> f County� aZ Hall, by Warranty Deed, recorded in Book 78 at Page 308 .
<br /> j s�f tl:� .,eed Records of Hall County, Nebraska; and, '
<br /> 1 }_�'
<br /> 4 The Sc�uth Half of the Southwest Quarter (S�SW}) of Section Thirty �
<br /> � � (30), in Township Ten (f_A) North, Range Eleven f,ll), West o� the
<br /> 6th P.M., excepting thwt� part thereof conveyed to the Countz• of �'
<br /> � Hall by Warrantx Daed recorde8 in Book 78 at Page 251. -
<br /> hereby acknowled�e that it is underatood that (a) the Dee�, af Trust to be �
<br /> " executed by Trustor is a Trust Deed and not a mortgage, and (b) the power of
<br /> sale provide�3 for in the Deed of Trust provides substantially diEferent rfghts
<br /> -� an� obligati4ns to the Trustor than a mortgage in the event of a default or
<br /> breach of obligation.
<br /> � Trustor acknowledges that this Acknowledgmant was made prior to the
<br /> � execution of the Deed ,of Trust.
<br /> � EXECtiTED AND DELIVEFtED this / da� of��1�c2�c-, 1990.
<br /> J .���' r/���/I�t' �J�.s} z:-r�.� i-- -_-._
<br /> N RAT VERA RATHMAN '
<br /> 5TATE OF NEBRASKA ) � �
<br /> SS. �
<br /> . cuUEv`i•Y Or' t�li�i,L j .
<br /> The foregoing instrument was ackno��Ledged be�ore me this � day of
<br /> � ��zt�t� , 1990, by Slton Rathman and Vera Rathman, husband and wi e, for the
<br /> purposes therein state�i. r" ° �,,
<br /> -- '`,'' �,9 �' - �
<br /> ���t�Iw�ar � _ _ :'� l�. �., c �'
<br /> � ���� Notary Pu§�i � o
<br /> Nyt.re�.b�s se�s:�'!!Z ���
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