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ACKNOWLECOEMENT OF DEED OF TRUST
<br />,9-1101703
<br />TRUSTOR READ THIS. BEFORE SIGNiNG:
<br />Tru&Uw understanda that the document Mat Tri about to execute is a Deed of Trustand nuts mortgage and that ft power
<br />of sale provided for in the Deed of Trust providto stibgteitistfy different rights and obligatidns to Trustor than a moRgsge in the event
<br />f of a default or breach of obligation under the Used of Ttffst Including, but not limited to, the Lender's right to have the Property sold
<br />by the Trustee without any judicial proceeding.,Tnitt4tr represents and s that this acknowledgement was executed by ,
<br />Trustor before the execution of the Deed of Trust,
<br />Trustor Clark, Husband)
<br />( (Phyllis . Mwit'Trustor Wife.%
<br />PREFACE Tt9.AGRICULTURAL DEED OF TRUST
<br />COMPLi tint. ppttion ONLY if the real property described
<br />consists of EVOR'j'a7UALLY OWNED AGRICULTURAL LAND.
<br />If applloab!6, complete ONLY ONE either A, B. or C.
<br />Q A' DISCLAIMER OR RIGHT TO DEMNATE1 He-SAESTEAD:
<br />Trustar acknowledges thatTrustor is about itr execute the following Deed of Trust upon the Property. Trustor, and each of them ,
<br />tf;tnore than one. hereby disclaims Trustoes right 10 designate a homestead on said real estate. No part of Trustor s homestead is
<br />fpresently or will in the future be situated upon sazif real estate. Trustor understands that if Trustor establishes a homestead on any
<br />part of said real estate during thetime the Coact of ifrust remains unsatisfied and a lien upon said real estate, there shall be no right to
<br />±make a designation of homestead in the erv*nt o4 10 foreclosure or trustee's sate with respect to said Deed of T"t
<br />O B, WAIVER OF RIGHT TO DESIGNATE HOPAESTEAD.
<br />j Trustar acknowledges that Trustor is about ip ei.:eoute the following Deed of Trust upon the Property. Trustor, and each of them .
<br />if more then one, hereby waives Trustors right; to ditisignate a homestead or? sad real estate. Trustor understands t4at Trustor has
<br />right to make a designation of homestead and thoitiby executing this waii ?iii is waiving rights otherwise available for the
<br />purpose of affording them the opportunity to retain aTrustor's homestead in the event pf a default upon the Deed of Trust
<br />O C. DESIGNATION OF HOMESTEAD:
<br />Pursuant to the Farm Homestead Protactran Ado (Section 76 -1901 et set r•, revised Statutes of the State of Nebraska), Trus':az
<br />Thereby designates the real estate describes in the 17esignation at Homestead" attached hereto and incorporated herein by this
<br />reference.
<br />Trustor
<br />Trustor
<br />AGRICULTURAL DEED -OF TRUST WITH FUTURE ADVANCES
<br />THIS DEED OF TRUST, is made as of the 27Z I-, day of _ _ Mme. 19 t39 - by and among
<br />the Trustor, a A. CLa:rk. 1Lusi,3artd and Wife
<br />whose mailing address is JIM w -' -dLh �Tfind rB�anA' NE 6t3A� t _
<br />,r ... (herein "Truslnr', whether one or muceji.'
<br />die Trustee, William G. Blaelsbut,-n, !••a member of the NL_.3tate_ Bar Associritian
<br />whose rnsilutn address is p- iSpst ??AB, Crand, 1:33and,_I; y 6880_7,
<br />(herein "Trustee "), and
<br />the Beneficiary,' FIVE POINTS MAR 111
<br />whose mailing address is P.Q. Box JIM %- Grand JP;A•i; cad. NE (herein "Lender' ).
<br />FOR VALUABLE CONSIDERATION. includiiii;) Lender's extr3nRion of credit identified herein to Venneth E Clerk.
<br />anPhyllis-A. Ci rk (herein "Borroviiii whether one or snore) and the trust herein created.
<br />the receipt of which is hereby acknow:adgecXjrustor hereby irrevocabiy. grants, transfers, conveys and assigns to Trustee, IN '
<br />TRUST, WITH POWER OF SALE, for the beCie%i0and security of Lender, undcrand subject to the terms and conditions hereinafter set
<br />forth, the real property, describe9 as lWowz:
<br />N44' of Lots 6 and 7, Moak 88, Wheeler & Bennets 4th Subdivision, County
<br />of Hall, NE
<br />Together with all bwtdirig!, tiKtures. streets, alleys, passageways. easements. rights, privileges and appurte-
<br />nances located thereon or iii anywiiv punt,aing thereto. and the rents, issues and profits, reversions and remainders thereof, and
<br />such personal property that is al,%zhiri tci the anprovementS so as to constitute a fixture, including, but not limited to, heating and
<br />cooling equipment and or marital interests, if any, which interests are hereby released and waived. at?,
<br />of which, including rep!a-- eiiii:t ttCit(C dns (hereto, is hereby declared to be a part of the real estate secured by the lien of this
<br />fti W Tmu and ai! of fa rt sri g:breiiii; rested to flerein as life "Ptuperly ".
<br />LThis Deed of Trutt stns" se is •u �ii psiyrnent of the principal sum and interest evidenced by a promissory To at credit
<br />agreement dated 3 /x? /S:4 , having a mamity, date of 4/5/96 '
<br />in the original ptirc.p&:4 d,'1'i y ,�2(lit.QjL— — and any and all modifications, extensions and rene is
<br />thereof or thereto ar:d ein"ir ar+r adiiances and readvances to Borro aer (or any of them it more than one) hereunder
<br />pursuant to one or n c'p a�.ttse ^� :ut4e! ar cii agreements the reon caged "Nota'i. (b► trio 08yme -► of other sums advanced 6k
<br />him HLliiAyr..fi.f:sGw•tRti •: M
<br />� t 9AS kacx,� �a�v d C cv.•. ^ar:r T� :�e v� 5 #� rya 4icc x+ :- . •r � -, k.iias�a
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