|
RETURN TO Farm Credit Services of America, P.O. Box 250 Tricia Danburg
<br />PREPARER: Kearney, NE 68848 -0250 (800)454 -2039
<br />HOMESTEAD DESIGNATION DISCLAIMER
<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 />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 re ains 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 Tr e's s le.
<br />7 1
<br />RODNEY K JJNF- A UANUW15H
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />RODNEY K GANGWISH and JANE A GANGWISH, husband and wife
<br />Treva E. Gangwish, Trustee for TREVA E GANGWISH TRUST DATED FEBRUARY 7, 1977
<br />Treva E. Gangwish, Trustee for WENDELL J GANGWISH TRUST DATED FEBRUARY 7, 1977
<br />Mailing Address:
<br />52685 70 RD
<br />SHELTON NE 68876 -9572
<br />This Trust Deed and Assignment of Rents is made July 19 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," whose
<br />mailing address is PO Box TAF -05, Spokane, WasTiington 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 which is hereby 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 />THE EAST HALF OF THE NORTHWEST QUARTER (E1 /2NW1/4) OF SECTION FOUR (4), TOWNSHIP
<br />NINE (9) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., EXCEPT LOT 1, HALL ACRES
<br />SUBDIVISION
<br />THE NORTHEAST QUARTER (NE1 /4) OF SECTION FOUR (4), TOWNSHIP NINE (9) NORTH, RANGE
<br />TWELVE (12) WEST OF THE 6TH P.M., EXCEPT THE SOUTHEAST QUARTER OF THE NORTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (SE1 /4 NE1 /4 NE1 /4)
<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 U7797 N Pr aAmount
<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 />SIXTY THOUSAND DOLLARS ($ 160 000.00), exclusive of interest and protective advances authorized herein or in the loan agreements ;prove e
<br />further, that I H15 PARAGRAPH T ONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT
<br />AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due January 01, 2021.
<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 />Ap #: 00226295; Primary Customer ID #: 00031162; CIF #: 38343 Legal Doc. Date: July 19, 2001
<br />--n
<br />n
<br />=
<br />D
<br />n
<br />c_
<br />z
<br />0
<br />N
<br />rn
<br />t„
<br />PIC
<br />p
<br />E7 N
<br />O
<br />D
<br />--
<br />►-'
<br />c-
<br />o )>
<br />CE)
<br />Z :-4
<br />N
<br />ICY)
<br />r
<br />(7
<br />Cn
<br />Tn
<br />r®n
<br />-v
<br />rr
<br />D CO
<br />O
<br />Cn
<br />e
<br />�n
<br />�
<br />f N
<br />N
<br />CD
<br />•
<br />3i►
<br />CIl
<br />Ch
<br />ca
<br />Do not wnte /type above this
<br />line. For i /ing purposes only.
<br />■
<br />FORM 5011 (6 -2001)
<br />RETURN TO Farm Credit Services of America, P.O. Box 250 Tricia Danburg
<br />PREPARER: Kearney, NE 68848 -0250 (800)454 -2039
<br />HOMESTEAD DESIGNATION DISCLAIMER
<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 />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 re ains 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 Tr e's s le.
<br />7 1
<br />RODNEY K JJNF- A UANUW15H
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />RODNEY K GANGWISH and JANE A GANGWISH, husband and wife
<br />Treva E. Gangwish, Trustee for TREVA E GANGWISH TRUST DATED FEBRUARY 7, 1977
<br />Treva E. Gangwish, Trustee for WENDELL J GANGWISH TRUST DATED FEBRUARY 7, 1977
<br />Mailing Address:
<br />52685 70 RD
<br />SHELTON NE 68876 -9572
<br />This Trust Deed and Assignment of Rents is made July 19 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee," whose
<br />mailing address is PO Box TAF -05, Spokane, WasTiington 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 which is hereby 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 />THE EAST HALF OF THE NORTHWEST QUARTER (E1 /2NW1/4) OF SECTION FOUR (4), TOWNSHIP
<br />NINE (9) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., EXCEPT LOT 1, HALL ACRES
<br />SUBDIVISION
<br />THE NORTHEAST QUARTER (NE1 /4) OF SECTION FOUR (4), TOWNSHIP NINE (9) NORTH, RANGE
<br />TWELVE (12) WEST OF THE 6TH P.M., EXCEPT THE SOUTHEAST QUARTER OF THE NORTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (SE1 /4 NE1 /4 NE1 /4)
<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 U7797 N Pr aAmount
<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 />SIXTY THOUSAND DOLLARS ($ 160 000.00), exclusive of interest and protective advances authorized herein or in the loan agreements ;prove e
<br />further, that I H15 PARAGRAPH T ONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT
<br />AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due January 01, 2021.
<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 />Ap #: 00226295; Primary Customer ID #: 00031162; CIF #: 38343 Legal Doc. Date: July 19, 2001
<br />
|