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89. 102773 TRUSTOR'S DISCLAIMER AND ACKNOWLEDGMENT The undersigned represent and warrant as true each of the follow- ing statements with regard to the attached Deed of Trust: 1. We acknowledge that we did read, sign and execute this Dis- claimer and Acknowledgment before we signed the Deed of Trust. 2. We understand, and acknowledge,that the Deed-of Trust is a trust deed and not a mortgage and: t at the.power of sale provided for in the Deed of Trust provides .o.ubst -antially 'different rights and obligations to us than a mort.gokp in the event of a default or breach of obligation 3. We understand and acknowledge that in the event of the de- fault or breach of obligation by us, the Deed of Trust allows the Beneficiary the right.•to have the trust property sold by the trustee without any judicial proceedings or foreclosure. 4. No part of our homestead is presently or in the future will be situated upon the real estate described in the teed of Trust. $, We understand that if any of. us establish a homestead on part of the real estate during the time the Deed of Trust remains unsatisfied and a lien upon.the real estate, there shall be no right to make a designation of homestead in the event of a fore- closure of trustee's sale upon the Deed of Trust. 6. For so long: as the Deed of Trust'remains unsatisfied and a lien upon the real estate, each of us waives any right under the Nebraska Farm Homestead Protection Act to make a designation of homestead. This disclaimer and acknowledgment is a preface to and is filed for record with and as a part of the attached Deed of Trust. LARRY H T, TRUSTOR r JU H , TRUSTOR STATE OF NEBRASKA) ) ss: COUNTY OF HALL ) The foregoing Written Acknowledgment was subscribed and sworn to and acknowledged before me an _ /%,,a , 1989 by Larry Hemmett and Judy Hemmett, hltksband nd wife. Notary Public _ My commission expires: L A r ram RtlNAW Lp ! OEiUE 1J:* cum to sw ,% 1991 J, . �1- 4-01, W1