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ACKNOWLEDGEMENT OF DEED OF TRUST
<br />8914043
<br />89 loges
<br />SORROWERS READ THIS IIIEFORE SIGNING:
<br />Bali owets ITrusto s) understand that the document that the Borrowers are about too Noc Weis a Deed of Trust and not a mortgagodndthat trio power of sale provided
<br />for to the Deed of Trust provldes substantially, different rights and obligations to the Borioviot9 than a mortgage In the event of a defftult of bteach of obligation under the
<br />Deed of Trust Including but not limited to the loader 9 right to have the Real Prorterly sold by the TFUSIAe Without anti Iudl^lal procandmg or (gtgclillluro Borrower$
<br />1@pfeaeni and warrant that this acknowledgement WAi etFY {1124 by them befp(p a execution of the Qe of Trust
<br />C nso Ida ncrete Co.
<br />its Presid(
<br />Borrower
<br />Borrower
<br />PREFACE TO DEED OF TRUST
<br />COMPLETE this porBon ONLY 11 the real pro""I deauNad consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />It appl cattle. complete ONLY ONE el"Wr A. S, or C:
<br />0 A DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD:
<br />T111e601MWerts) acknowledge that they areaboul to execute the following Deed of T•usl upon the real estate described therein The BOftowE /rh -5 d+•.•teACh'ofthentd
<br />more than one. do hereby disclaim their fight to designate a hornevilaa pursuant thereto No part of the homestead of either of the Borrower( s?. I@ hertsvilly or mill In the
<br />future be situated upon said real estate The BOrrowerl9%understand that It either eslabliShe9 a homestead On any part at said real estate during lJTpf;1T =41 Ills Lktedol Trust
<br />remains unaabahed and ahon upon said real estate there Shan be no right to make a designation of homestead In the event of a tO faclosure or Is silo With respect to
<br />said Deed of Toast; .
<br />13 B. WS1A IER OF R,•'.GMT TO DESIMATE HOMESTEAD:
<br />TheBorrower( srach^,_:• h! edgethatIN nareAbout: oerecWethefonow, ngDeo dofTrustupontherealestatedescribedtheren The Song,kers%. and eachof them it
<br />more than qne tl0 hereby r4F1'fve Iheu ngrtf to ges�gnatc a homestead pursuant ❑IPrF•to T he Rot, owe, (s) understand that thew have the right, D3,mke a designation of
<br />' homestead and that byH.leCUting this WawOf they Arewaw, ngrights olnprwrs r• av a, labtelotMepurROSeoraffordmgthemtheopportunitytofafia !- theirhomesteadin!he
<br />- event at a default upon the heed of Trust
<br />O C DESIGNATION OF HOMESTEAD:
<br />Pursuant to the Farm Homestead Protection A;:t I Section •5.1 30, C•5 S' ?;, Revised Slandus of the Stato of Nobfaskal. the Borrpwer(s ), dohereby designate the real
<br />plaperly described m the Des•gna .on of HomesteaA a!IaChpq hr'M 7, r^ .•-caruorniud of „e•n bs' this rnturenc.F•
<br />_ ... - BorrnwF•r ..
<br />DEED OF TRUST
<br />f May WITH FUTURE ADVANCE [& PROVISInN
<br />THIS nFEn ()F TRUST y m Ide a% . It.”. . 19 q.,v .,• ay t) 89 by aria an,nnq'he Irilslor Consolidated
<br />Concrete Co., a Nebraska Corporation ,. P.O. Box 1063, Hastings, NE
<br />_._. Laic.. wv•. a.•r . r, ,- .. Hastings State Banj<
<br />wnasema:f,¢ _dress., 530 North Burlington /P.O. Box 2178, Hastings,NE 68901 (here,n'T,ustee l
<br />arid tneBeneK:nary Hastings State Bank
<br />whose malfim address is X30 North Burlington /P.O. Box 2178,Hastings,NE 68901 (herein Lender I
<br />FOR VALUABLE CONSMERAT ION 'n 'ud nq irr :':'1rt•trq,•,•:•, .yr•••nt.,• f rr.,r. •f r• nr•'••.1, n•ateo 1r•r•,(.(P,r,t ulwh,ch ,s hefehy aCknoWredgeit Borrower
<br />herObv irrevocably giants tranSr(•t% , rn.t•ys an 'Air E uy ;under and Sublet-t to the d 1ar . , u
<br />forms an0 COOdd,Unf: ne•einafter sot /U•rn Inc r <•r, 1 ^UM•,•y -7.. �. r,pn,] dS r••m,w5
<br />See attached
<br />704ethPfr vr.th all b,wdmgs ,mp•pve ^fe, �•x'u:�`L. s ^rl•:'v; a,.- ,yi.:- :;,�r�..ways "aser•e^t5 ign:s C-, j-'Fges any al:,y,.r! 3ner,ces ;Ocated thereon or it anywise
<br />_"1f8'r+•r-j thefeta. and fl!o tents :gSscs and 6r;,` Tne,eor ,net „d, rip b,ot no' Lm,led 10 heatir.grc ^S g0ohng eyUrprnenl and SuCn OP(SOnal
<br />IXOpe fly their is al.�;, hod to I O.. "lprovemen is SC aS!•7 Cdns•,77ftla f.xit.re andlogelher with theriomestead Or ma.rrtar,nferortS,fhny wh,chintnrests are hereby released
<br />and*slved all0►1hn,Ch 'S1+eroby declared tobea Pat I A the real :: 5taf fl SCCUtedby the . .enofIn,y Deed ofT rust and all ofthe
<br />foregoing being referred to hr;rein aS the ctopC,ry
<br />Tn,S DCCd GI T rust she;• 5f't ,.rP ,a• f ^e ✓rf 4'•,p, .I w t••(' :•r. n( If.I a ,, .don .•,TOnrs+ r• -, •L•rn t•. S v ff•:r• e, r y , n1r ar, 7 n• , u••f , a-7rrrr••Or • r rrF•'1
<br />May 19, _ 198$ ^arias a matu,ay da'r o+ 1�y 15, 1997 hr r,r,r r , 0 5 1, 300,000.00 ar: a ':� and
<br />,par am
<br />1110(14'Cahons extenS,enS a"t9y4.(,ewal3 thefehf fir thert•10 d,^. q•a! y and au future adv9n{eG a::.'1 cw,tyr,tr„ ,•i r P•t• :ny(•r Du •s:ranr IO ',fir a,• mate Rr On,.S50,y npl ?�,�r• �•s;�rt
<br />agreH'nCnt9 (herein CauF'C iif.yftl' -f Iblthe Payment Of Otrter S; nri$ ad. anC@ dtlyLC' 1der lnr':f£;'. "hF•soS,r•fyn +rhr Nr,f,. rC,i'tt•per••�rman!I•a,1rOvF naniS andd�'ryF,1C:fv:
<br />.1 Borrower set forth helO,n W4 fdraP,ndehtednPSS and obi•gatiunG of Borror.(rr to t er•de•'.vtefher tl,rP6f :ndooit ADSO�„ir,�!f�nlrr Tr.n/fn., h.,PthF•r Ans fig C•y .•.; �i
<br />gua,anty overdraft or otherwise
<br />{je,rrswP, in rrJjn[f fhP Sry _•.,y :...^,S need:,' Tr.�if v.,•f "-a••:S 1:' -1 a'J'TIfe9 wit^ Lenye, d�''���UwG.
<br />f IaynkantofPrlRSCTpata{Sd lntafaaL.NOr rowers ^a'Ip'omptly Day anon d,•ethe
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