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<br /> .L � EtE[UEiNTO Fazm Cred'R Serviees.P.O.Box 6080 Echo Atccm � `
<br /> " (3O8i382-9025 y "
<br /> . r.� �- PREi�AAEi� Orand istand.NE 88802-5080 ` '
<br /> a� `�G,- HOlVIESTEAOOESl6NAT10N WA}VER :'r.'
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<br /> � irt acwrdance wrth the proviaions oi the Nebraska Farm Homestead Pratectton Act.NeE.Rev.Stat.Sections?&1801.at.seq..as a preface to the �
<br /> 's'� execudon.and es a part of the fottowing Trust Deed,the undersigned Trustorlsl being first CulY swam.elects to Waive ths R�Bht to Des�g�a�e a . �
<br /> -. � r?� Homeatead. `k`
<br /> '" `� '�'`. INVe undefsta�Q that Uwe haue 4he rigM w mate a designation of homestead in tfie following Tnast Oeed. The euecuUOn of tl�is Waiver constiwtes � �` �
<br /> � i- -��F'. '
<br /> ~� _ ti �,� p w�p�rEghts othervvise aveilable to me/us tor the purpose of afturding me/us the oppommity to retain my/our homestead in tfie event of a a4 � -
<br /> � f " defa on the Trust Deed.
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<br /> �, �� w ,��+� TRUST DEED AND ASStQNMENT OF RENTS r�, ��;:
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<br /> + ``" f�• RONAiO W SCHRQEDER and KATHLEEN M 3CHRO�ER,husband and wife , '.
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<br /> � , MaiMg Address: ,' r�
<br /> ... '�r`�. 217 HOLCOMB � -
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<br />- ' �a. .. �:�` �RAND ISIAND NE 68801-7448 �.' �`
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<br /> Thla Trust DeoO and Assi9nmert ot Re�ta 1s made Oece ber 2 �998��05,and Fa�rm_Gedit Se ec T�rusofwr�i^an'd�AaAme�i�.F�.�T��e f __
<br /> ; whose mailing address is PO Box TAF-05.Spokane, as nnpton ri��j' � ,,
<br /> • . �F,.��" below,�the receipt o�ws�c�S e y ac a w�ebreas e ae___ e�te,addittonalAO pr�o t e c t iv e a d i r a n c s msde st Benef eiary's opa�tton Tru�atorts) r h, 4�
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<br />� i r r e v a o a L l Y u a n s t�e 8,s°�ider artdd�subject o the teerms a dR Con dtt onsH 1 t h i eE T t u s t 0 e d.t h e p r o p ee rt Y oca ed in Howardf H a ll CountYli�1. �. _
<br /> :� successors end gn Y.. `�=-
<br /> • ;'�,_; Stateof l�tebraska.end desaribed ee to l towa: _—
<br /> '^ The West HaN of the West Haff of the Southwest�uarter NV 1J2 W 1/2 SW 1/4)of < i �- �
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<br /> Section Six(8I,Township Fourteen t741 North,Range Ten t10)West o!the 6th P.M.t :.:-:u.;<<,;-;`-
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<br /> • -. . ? �;�:f Howard County.Nebraska. .;�'i.,:�
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<br /> . "t,.'.' The West pne Hundred(10�')Feet of the South Ninety-One {9l') Feet of Lot Twetve �,. . .a
<br /> �.�:- ..,.��
<br /> ' � ",�;�� �12�,Holcomb's Hlghway Homes,a Subdivision of a part of the Nartheast Duarter(NE . .�; ,.,
<br /> � � t 141 oi the Northeast Quarter(HE 1/4),and a part of Lot Four l4f,on Mainland all �
<br />;;� ,,.=�� • �. in Section Twenty-Eight(28),Township Eleven 119)North,Range Nine 191 West of the
<br /> - . .�. 6th P.M., Hall County.Nebreska. �,; ..
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<br /> , + tl pro eme�now on oi hereatter tp laced Won the propertY:all eppu�rtenances�wate�1 etion,end diainage ights all�ent�,9,iesues.uses lncome �.
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<br /> �;.� • ' �� protima8 inte9 a1tV betongtoior�eieaitter beeome en integral part oti the real��eYwheRher�attached o9de�ched lnc/ud}ng eny�appurcen noea and .
<br /> .�.�� o ln a VmW Y P��ning to the O�ogo+e�'�YC whethe aor not epeciflcalty descr,bedrhe9ein;atl above�and helo grounA�inlgaUon equlpme t end " .
<br /> ., accessories;and all leasee,permits,licenses,o�privlteges, appurtenant o�nonappurtanant to the propertY.�ow or hereaher issued,extenQed ot
<br /> �;.. , . renewed by Trustorlsl,eny State,the United Statea,or any department,bureau,instrumentatity,or agency thereof. The toregoing is colleetively
<br />•;,i,, • � reteired to m this dotument as the"property." .
<br /> ' � , tt Is unQeratood an0 agreed batween Tru�torlel and Benefleiary that tNs Trust Deed t9 g►ven to seeure: , .
<br />� ,� . � � • ' !aT�omissorY notals)Cescribed as foltows: � -
<br />,�� - ,- � � Cato c1 MB„ate_ Princl,al A our+t . . �
<br />-•'��•'. , , payabie according to t�e terms o1 the notels),and any addendum to.reamortization o►rest�ueturing oi the notelsl• �
<br /> �' �' �.. -�-. -i (p1 The repaymeM in full by TrustOilB)01 any and all fulure and addrtional loans or ad�+ances which may be made by Beneflcia ,at its optlon,at .
<br /> ►Y
<br /> ' the request o1,and to or tor the account oi Trustorts),or ar+y ot them,tor any purpose,ptu9�nterest on all loans or advances.under any notelsl _
<br /> � ' partTtfiereofTMall payabte ac ording t�o the e mstofthe notelsl o g�other instrumentlsl9tp ovided,� howeve►t+that the totel prineipeleindBEted s�.9 ' . .
<br /> :k�� � outstanding and secu�ed hereby ai any ona time wi11 not exceed the sum ol EIGH -ONE THOUSAND OOLLARS IA9 81 000.00 CONSTITUTE � .
<br /> • ' � �merest and Orotective advances outhorized herein or in the Ioan agreementta►• proh e ur2 er.t at
<br /> ' A COMMITMENT 10 MAKE FUHTHER Op ADO�T�ONAL AOVANCES IN ANY AMOUNT AT ANY TtME.WHETHEH OR NOT THE TOTAL PRINCIPAL
<br /> .s•' � : : ' , i INOEBTEONESS ABOVE HAS BEEN ADVANCED.
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<br /> ,i'�� • . . -i Lega�Oea Dato:December Z7.1998
<br /> `^,': ' • Av�� 00755325: Pnmary Customer iD A: 000�5516: CIF a�79718 Page 1
<br /> ' ' FORM 5011.Trust Oeed and Ass�gnment of Re�ts
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