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<br /> PREFACE TO AGRICULTURAL DEED OF TRUST ;:a
<br /> ,
<br /> COMPLETE this portion ONLY if the real property described �
<br /> consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br /> If applicable, complete ONLY ONE either A, B, or C:
<br /> ❑A. DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD:
<br /> Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of
<br /> them if more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of Trustor's homestead
<br /> is presently or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on any
<br /> part of said real estate during the time the Deed of Trust remains unsatisfied and a lien upon said real estate, there shall be no right to
<br /> make a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust.
<br /> ❑ B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD:
<br /> Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of
<br /> them if more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor
<br /> has right to make a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the
<br /> purpose of affording them the opportunity to retain Trustor's homestead in the event of a default upon the Deed of Trust.
<br /> � C. DESIGNATION OF HOMESTEAD:
<br /> Pursuant to the Farm Homestead Protection Act (Section 76-1901 et seq. Revised Statutes of the State of Nebraska), Trustor
<br /> hereby designates the real estate described in the "Designation of Homestead" attached hereto and incorporated herein by this
<br /> reference.
<br /> ' C�� � ��-� �.-,-.;�.
<br /> TRICIA A IRVI Trustor DONALD L IRVINE Trustor
<br /> Trustor Trustor
<br /> rustor rustor
<br /> AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEED OF TRUST, is made as of the 6th day of A ril , 19 99 , by and among
<br /> the Trustor, DONALD L IRVINE and PATRICIA A IRVINE, Husband and Wife
<br /> whose mailing address is 3�ao N BLUFF CNTR RD cA�ao, NE 68824-9547 (herein "Trustor", whether one or more),
<br /> the Trustee, THE OVERLAND NATIONAL BANK OF GRAND ISLAND �
<br /> whose mailing address is aoa W THIRD STREET c�rm �s�xn rrE 6sao� (herein "Trustee"), and
<br /> the Beneficiary, THE OVERLAND NATIONAL BANK OF GRAND is� �
<br /> whose mailing address is P o sox i6aa cxarm ISLAND NE 68802 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to
<br /> DONALD L IRVINE PATRICZA A IRVINE
<br /> (herein "Borrower, whether one or more)and the trust herein created, the
<br /> ��
<br /> receipt of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST,
<br /> WITH POWER OF SALE, for the benefit and security of Lender,under and subject to the terms and conditions hereinafter set forth,
<br /> THE SOUTH HALF OF THE NORTHEAST QUARTER (S1/2NE1/4) OF SECTION THIRTY-TWO (32), TOWNSHIP TWELVE (12) NORTH, RANGE
<br /> TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br /> appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof,
<br /> and such personal property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating
<br /> and cooling equipment; and together with the homestead or marital interests, if any, which interests are hereby released and waivod;
<br /> all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate eaa�tred bY ttLe l�ea of
<br /> this Deed of Trust and all of the foregoing being refened to herein as the "Property".
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