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Do not write /type above this line. For riling purposes only. <br />FORM 5011 (9 -2000) <br />Z G� <br />RETURN TO Farm Credit Services of America, P.O. Box 5080 Karen Nagel <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />C' <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />Z <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />I /We disclaim the right to designate a homestead on the property described in the following Trust Deed. No part of my /our homestead is presently, <br />or in the future will be, situated upon said real estate. I /We understand that if I /we establish a homestead on any part of the real estate during the <br />time the Trust Deed remains unsatisfied and a lien on the real estate, I /we shall have no right to make a designation of homestead in the event of <br />a Trustee's sale. <br />od- <br />NNIS B IJAAbUH KATHLEEN A <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />DENNIS B BAASCH and KATHLEEN G BAASCH, husband and wife <br />Mailing Address: <br />11762 W 1R ROAD <br />CAIRO NE 68824 -9458 <br />This Trust Deed and Assignment of Rents is made May 29 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," whose <br />mailing address is PO Box TAF -05, Spokane, Washington 0 -4005, and Farm Credit Services of America FLCA, "Beneficiary," whose mailing <br />address is 206 S 19th Street, Omaha NE 68102 -1745 in consideration of the advance by Beneficiary of the principal sum specified below, the <br />receipt of w is is ere y acknowledged, I rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for <br />the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />Parcel 1: The East 1/2 of Section 5, Township 12 North, Range 11 West of the 6th <br />P.M., in Hall County, Nebraska. <br />Parcel 2: The N 1/2 SW 1/4 and the W 1/2 NW 1/4 SE 1/4 of Section 16, Township 12 <br />North, Range 11 West of the 6th P.M. in Hall County, Nebraska. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and <br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, <br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Prince al Amount <br />0729 - <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of ONE HUNDRED <br />EIGHTY -SEVEN THOUSAND DOLLARS ($ 187 000.00), exclusive of interest and protective advances authorized herein or in the loan agreements ; <br />provided further, that H SHAff Nb I^ ONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY <br />AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due January 01, 2016. <br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) <br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trustor(s) and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, judgments, or other assessments against the property, and to Pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or under any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />Ap #: 00224282; Primary Customer ID #:00091178; CIF #: 38210 Legal Doc. Date: May 29, 2001 <br />2 <br />a <br />n© <br />n <br />CA <br />►cz�-� <br />O <br />1'7R <br />2 <br />D <br />Z <br />_ <br />—r-,) <br />-� <br />r <br />tD <br />M <br />N <br />N <br />-c <br />o <br />'N <br />t� <br />o <br />O <br />~ <br />_n <br />�1 <br />�` <br />r�'', <br />irn <br />O <br />1�a ta i <br />O <br />M <br />3 <br />r" <br />CO2 <br />P" 7 <br />CJl <br />C; <br />O <br />O <br />CJl <br />....gyp.. <br />CID <br />CD <br />r <br />fV <br />40 <br />M <br />CIO <br />O <br />• <br />Do not write /type above this line. For riling purposes only. <br />FORM 5011 (9 -2000) <br />Z G� <br />RETURN TO Farm Credit Services of America, P.O. Box 5080 Karen Nagel <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />C' <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />Z <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate <br />a Homestead. <br />I /We disclaim the right to designate a homestead on the property described in the following Trust Deed. No part of my /our homestead is presently, <br />or in the future will be, situated upon said real estate. I /We understand that if I /we establish a homestead on any part of the real estate during the <br />time the Trust Deed remains unsatisfied and a lien on the real estate, I /we shall have no right to make a designation of homestead in the event of <br />a Trustee's sale. <br />od- <br />NNIS B IJAAbUH KATHLEEN A <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />DENNIS B BAASCH and KATHLEEN G BAASCH, husband and wife <br />Mailing Address: <br />11762 W 1R ROAD <br />CAIRO NE 68824 -9458 <br />This Trust Deed and Assignment of Rents is made May 29 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," whose <br />mailing address is PO Box TAF -05, Spokane, Washington 0 -4005, and Farm Credit Services of America FLCA, "Beneficiary," whose mailing <br />address is 206 S 19th Street, Omaha NE 68102 -1745 in consideration of the advance by Beneficiary of the principal sum specified below, the <br />receipt of w is is ere y acknowledged, I rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for <br />the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />Parcel 1: The East 1/2 of Section 5, Township 12 North, Range 11 West of the 6th <br />P.M., in Hall County, Nebraska. <br />Parcel 2: The N 1/2 SW 1/4 and the W 1/2 NW 1/4 SE 1/4 of Section 16, Township 12 <br />North, Range 11 West of the 6th P.M. in Hall County, Nebraska. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and <br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, <br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Prince al Amount <br />0729 - <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of ONE HUNDRED <br />EIGHTY -SEVEN THOUSAND DOLLARS ($ 187 000.00), exclusive of interest and protective advances authorized herein or in the loan agreements ; <br />provided further, that H SHAff Nb I^ ONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY <br />AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due January 01, 2016. <br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that Trustor(s) has good and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) <br />will warrant and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also hereby waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption in and to the above described property. <br />Trustor(s) and each of them further covenants and agrees with Beneficiary as follows: <br />1. To pay all liens, judgments, or other assessments against the property, and to Pay when due all assessments, taxes, rents, fees, or charges upon <br />the property or under any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or <br />on public domain. <br />Ap #: 00224282; Primary Customer ID #:00091178; CIF #: 38210 Legal Doc. Date: May 29, 2001 <br />