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ACKNOWLEDGMENT AND UNDERSTANDING AND WAIVER & DISCLAIMER OF HOMESTEAD RIGHTS (Attachment to Trust Deed with Power of Sale) G _ N OD r-71 • Ia C,7 r CJ The undersigned, as Trustor (Borrower) in a certain Trust Deed with Power of Sale (herein called Trust Deed) to be executed immediately following the execution hereof, which Trust Deed is identified as follows: Date: June 26, 2021 Trustor: Miguel A Ramos -Vargas and Veronica Ramos, Husband and Wife Trustee: Daniel A. Smith, Attorney at Law, Po Box 250, Lyons, NE 68038-0250 Beneficiary: Rural Investment Corporation, P.O. Box 136, Lyons, NE 68038-0136 ✓ (Lender) Consideration: Deed of Trust dated, 06/26/2021 securing the following real estate: Lot Thirty -One (31), Saddle Club Subdivision, Hall County, Nebraska Address 3610 Bronco Rd, Grand Island NE 68801 acknowledges, waives and disclaims as follows: 1. The undersigned understands that the document to be executed is a Trust Deed with Power of Sale, and is not a mortgage. 2. The undersigned understands that the power of sale contained in the Trust Deed provides the undersigned with substantially different rights and obligations in the event of a default or breach of obligation that the right and obligations provided it in a mortgage. 3. The undersigned understands as Trustor the undersigned may have a right to claim the real estate described in the Trust Deed, or a part thereof (hereinafter called security), as homestead, or at some time in the future may designate the security or a part thereof as homestead. The undersigned hereby waives any right to make a designation of homestead in the security or any part thereof, and disclaims designation of homestead in the security or any part thereof, and disclaims any right to make a designation of homestead in the future in the security or any part thereof so long as the Trust Deed remains a lien on the security.