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47 <br />TURN TO Farm Credit Services America, P.O. Box 5080 <br />PREPARER: Grand Island, NE 68802 -5080 <br />purposes <br />FORM 5011 (1 -2003) <br />Karen Nagel <br />(800 )503 -3276 U <br />G <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 />� _ —4b <br />Jam Fiord Louise M Ford <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustorls): <br />James R Ford and Louise M Ford, husband and wife <br />Mailing Address: <br />Box 453 <br />Cairo NE 68824 -0453 <br />This Trust Deed and Assignment of Rents is made Januar 02 2004, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," <br />whose mailing address is PO Box 64949, St. Paul, Minnesota 551 4 -0949, and Farm Credit Services of America PCA, "Beneficiary," whose mailing <br />address is 5015 S 118th St; PO Box 2409, Omaha Nebraska 68103 -2409 in consideration of the advance y eneficiary of the principal sum <br />specified below, the receipt of which is hereby acknow a ged, Trustor(s) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of <br />this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows: <br />The SE 1/4 of Section 19, Township 12 North, Range 11 West of the 6th P.M.; and the <br />NE 1/4 of Section 25, Township 12 North, Range 12 West of the 6th P.M., Except <br />therefrom that part of said NE 1/4 previously conveyed by Warranty Deed dated July <br />20, 1981 and recorded as Instrument #81- 004367 and more particularly described as <br />follows: <br />Beginning at the Northeast Corner of said NE 1/4; thence South on the East line of <br />said NE 1/4 327.60 feet; thence South 89 degrees 49'32" West a distance of 1,264.43 <br />feet; thence North a distance of 327.60 feet; thence North 89 degrees 49'32" East on <br />the North line of said NE 1/4 a distance of 1,264.43 feet to the Point of Beginning; <br />said tract containing 9.5 acres, more or less of which 0.5 acres is State Road <br />Right -of -Way and 0.9 acres County Road Right -of -Way. <br />"Notwithstanding any other language in this Trust Deed, the sum secured hereby <br />shall be $625,000 evidenced by Notes #71012-101, #71012-151, #71012-152, #98504 -101, <br />#98505 -101, #98505 -151, #98505 -152, and #98505 -153, and all other terms and <br />conditions hereof shall remain in full force and effect, including the securing of <br />all future and additional loans or advances, protective or otherwise. <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 geothermal 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 />Ap #: 00323740; Primary Customer ID #: 00096001; CIF #: 98504 Legal Doc. Date: January 02, 2004 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />M <br />rrnn <br />Z D <br />rn N <br />11 -, <br />`� <br />o `r,' <br />O <br />c <br />n = <br />= <br />Z n <br />TV <br />fl <br />'ri <br />D <br />to <br />r*t �.-- <br />O <br />O <br />(A <br />O 'n <br />N <br />co <br />T 1 <br />.... <br />I�1 <br />O <br />=D <br />r— <br />CD <br />2 <br />o <br />rn <br />F— <br />E3 <br />CD <br />C <br />v <br />co <br />CD <br />--J <br />CD <br />O <br />47 <br />TURN TO Farm Credit Services America, P.O. Box 5080 <br />PREPARER: Grand Island, NE 68802 -5080 <br />purposes <br />FORM 5011 (1 -2003) <br />Karen Nagel <br />(800 )503 -3276 U <br />G <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 />� _ —4b <br />Jam Fiord Louise M Ford <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustorls): <br />James R Ford and Louise M Ford, husband and wife <br />Mailing Address: <br />Box 453 <br />Cairo NE 68824 -0453 <br />This Trust Deed and Assignment of Rents is made Januar 02 2004, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," <br />whose mailing address is PO Box 64949, St. Paul, Minnesota 551 4 -0949, and Farm Credit Services of America PCA, "Beneficiary," whose mailing <br />address is 5015 S 118th St; PO Box 2409, Omaha Nebraska 68103 -2409 in consideration of the advance y eneficiary of the principal sum <br />specified below, the receipt of which is hereby acknow a ged, Trustor(s) irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of <br />this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows: <br />The SE 1/4 of Section 19, Township 12 North, Range 11 West of the 6th P.M.; and the <br />NE 1/4 of Section 25, Township 12 North, Range 12 West of the 6th P.M., Except <br />therefrom that part of said NE 1/4 previously conveyed by Warranty Deed dated July <br />20, 1981 and recorded as Instrument #81- 004367 and more particularly described as <br />follows: <br />Beginning at the Northeast Corner of said NE 1/4; thence South on the East line of <br />said NE 1/4 327.60 feet; thence South 89 degrees 49'32" West a distance of 1,264.43 <br />feet; thence North a distance of 327.60 feet; thence North 89 degrees 49'32" East on <br />the North line of said NE 1/4 a distance of 1,264.43 feet to the Point of Beginning; <br />said tract containing 9.5 acres, more or less of which 0.5 acres is State Road <br />Right -of -Way and 0.9 acres County Road Right -of -Way. <br />"Notwithstanding any other language in this Trust Deed, the sum secured hereby <br />shall be $625,000 evidenced by Notes #71012-101, #71012-151, #71012-152, #98504 -101, <br />#98505 -101, #98505 -151, #98505 -152, and #98505 -153, and all other terms and <br />conditions hereof shall remain in full force and effect, including the securing of <br />all future and additional loans or advances, protective or otherwise. <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 geothermal 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 />Ap #: 00323740; Primary Customer ID #: 00096001; CIF #: 98504 Legal Doc. Date: January 02, 2004 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />