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<br />Do not write /type above this line. For filing purposes only.
<br />yV�/`' FORM 5011 (6 -2001)
<br />RETURN TO JOCrfdit Services of America, P.O. Box 5080 Karen Nagel
<br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276
<br />HOMESTEAD DESIGNATION DISCLAIMER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the
<br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate
<br />a Homestead.
<br />I /We disclaim the right to designate a homestead on the property described in the following Trust Deed. No part of my /our homestead is presently,
<br />or in the future will be, situated upon said real estate. I /We understand that if I /we establish a homestead on any part of the real estate during the
<br />time the Trust Deed remains unsatisfied and a lien on the real estate, I /we shall have no right to make a designation of homestead in the event of
<br />a Trustee's sale.
<br />hz��,a�
<br />B L A E NAN MADEP
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />ROBERT L MADER and NANCY L MADER, husband and wife
<br />Mailing Address:
<br />250 E ABBOTT RD
<br />GRAND ISLAND NE 68803 -9319
<br />This Trust Deed and Assignment of Rents is made October 15 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee,"
<br />whose mailing address is PO Box TAF -05, Spokane, as ington 220 -4005, and Farm Credit Services of America, FLCA, "Beneficiary," whose
<br />mailing address is 206 S 19th Street, Omaha NE 68102 -1745 in consideration of the advance by Beneficiary of the principal sum specified below,
<br />the receipt of whic is ere y ac now e ge rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE,
<br />for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the
<br />property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />A tract of land lying North of the Northerly Burlington Northern, Inc. right -of -way
<br />line and West of the Westerly U.S. Highway 281 right -of -way line in the NE 1/4 of
<br />Section 1, Township 11 North, Range 10 West of the 6th P.M., MORE PARTICULARLY
<br />DESCRIBED PER ATTACHED EXHIBIT A INCORPORATED HEREIN BY THIS REFERENCE.
<br />THIS TRUST DEED AND ASSIGNMENT OF RENTS SECURES MORE THAN ONE NOTE. IN THE EVENT OF
<br />DEFAULT UNDER EITHER NOTE, THE TRUSTEE AND BENEFICIARY NAMED HEREIN SHALL DECLARE
<br />BOTH NOTES IN DEFAULT AND SHALL EXERCISE THE REMEDIES PROVIDED HEREIN IN
<br />SATISFACTION ON BOTH NOTES.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income,
<br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including - eothermal resources; all personal property
<br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and
<br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or
<br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br />referred to in this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described
<br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at
<br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms
<br />of the note(s) or other instrument(s) modifying the same.
<br />Date of Note Princi al Amount
<br />03/12/1998 80,000.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of NINETY
<br />THOUSAND DOLLARS ($ 90 000.00), exclusive of interest and protective advances authorized herein or in the loan agreement(s); provided urTT
<br />that STfAC�N�T UUNSTI I U I L A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY
<br />TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due March 01, 2013.
<br />I Ii Ill m niii romify IYIIII r IQ Ili 11111 a i II1 ma iffil 111! My; October 151 2001
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