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202102602
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Last modified
3/30/2021 4:03:01 PM
Creation date
3/30/2021 4:03:00 PM
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DEEDS
Inst Number
202102602
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20210260 <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 in 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 perfonnance of the terms and provisions of the Trust Deed. <br />5. Signing this document is the undersigned=s voluntary act and deed, and is intended to be a <br />written, knowing, and voluntary waiver of any right that it may have at this time to a homestead <br />in the security or any part thereof, and is a voluntary disclaimer of any right which it may have in <br />the future to designate the security or any part thereof as homestead, all as provided by the <br />Nebraska Farm Homestead Protection Act. <br />6. The undersigned further acknowledges that it has read and signed this document prior to the <br />signing of the Trust Deed above -identified, and understands and intends that this document may <br />be filed as a preface to the Trust Deed above -identified, all of which will be filed in the <br />Mortgage Records of the office of the Register of Deeds Hall County, Nebraska. <br />7. The waiver and disclaimer of the undersigned contained herein is limited to the transaction <br />identified in the Trust Deed and the indebtedness for which the Trust Deed secures payment and <br />any renewals or extensions thereof, and terminates upon satisfaction of the debt and release of <br />the lien created by the Trust Deed. <br />
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