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202101685
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3/1/2021 4:39:07 PM
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3/1/2021 4:39:07 PM
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DEEDS
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202101685
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9891.06Z0Z <br />73 n <br />cA n = <br />=n0 <br />Ci <br />,.:y <br />ACKNOWLEDGMENT AND UNDERSTANDING <br />AND <br />WAIVER & DISCLAIMER OF HOMESTEAD RIGHTS <br />(Attachment to Trust Deed with Power of Sale) <br />f r1 <br />Cr'. <br />The undersigned, as Trustor (Borrower) in a certain Trust Deed with Power of Sale <br />(herein called Trust Deed) to be executed immediately following the execution hereof, which <br />Trust Deed is identified as follows: <br />Date: February 27, 2021 <br />Trustor: Yasser Toruno Garcia and Nancy Segura <br />Trustee: Daniel A. Smith. Attorney at Law, PO Box 250, Lyons, NE 68038-0250 <br />Beneficiary: Center for Rural Affairs. P.O. Box 136, Lyons, NE 68038-0136 (Lender) <br />Consideration: Deed of Trust dated, April 17, 2018 securing the following real estate: <br />LOT FIVE (5) AND THE WESTERLY SIXTEEN (16) FEET OF LOT SIX (6), ALL BEING IN BLOCK <br />EIGHTEEN (18), IN KERNNOHAN AND DECKER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />acknowledges, waives and disclaims as follows: <br />1. The undersigned understands that the document to be executed is a Trust Deed with Power of <br />Sale, and is not a mortgage. <br />2. The undersigned understands that the power of sale contained m the Trust Deed provides the <br />undersigned with substantially different rights and obligations in the event of a default or breach <br />of obligation that the right and obligations provided it in a mortgage. <br />3. The undersigned understands as Trustor the undersigned may have a right to claim the real <br />estate described in the Trust Deed, or a part thereof (hereinafter called security), as homestead, or <br />at some time in the future may designate the security or a part thereof as homestead. The <br />undersigned hereby waives any right to make a designation of homestead in the security or any <br />part thereof, and disclaims designation of homestead in the security or any part thereof, and <br />disclaims any right to make a designation of homestead in the future in the security or any part <br />thereof so long as the Trust Deed remains a lien on the security. <br />4. The undersigned understands that by signing this document it will not have the rights which <br />would otherwise be available to it which may allow it to retain homestead in the event that it <br />defaults in the performance of the terms and provisions of the Trust Deed. <br />
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