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wr <br />• <br />I <br />n <br />X <br />'n <br />RE- RECORDED <br />200400708 <br />M <br />M <br />T <br />C <br />Z <br />D <br />N <br />M "in C <br />n z <br />A I <br />M <br />M �. <br />�7 <br />M <br />M <br />D <br />cn <br />ACKNOWLEDGEMENT OF DEED OF TRUST <br />TRUSTOR READ THIS BEFORE SIGNING: <br />.v <br />r_ <br />W <br />0 <br />C) cn <br />O -A <br />c n <br />Z � <br />� m <br />O <br />o� <br />_T1` <br />r, <br />n co <br />r � <br />r n <br />x <br />D <br />Cn <br />Trustor understands that the document that Trustor is about to execute is a Deed of Trust <br />and not a mortgage and that the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to Trustor than a mortgage in the event of a default or <br />breach of obligation under the Deed of Trust, including, but not limited to, the Lender's right to have <br />the Property sold by the Trustee without any judicial proceeding. Trustor represents and warra <br />that this acknowledgement was executed by Trustor before the execution of the Deed of Trust. <br />Z e C✓ <br />Trustor, Roland R. Engel <br />rustor, Sandra E. Engel <br />PREFACE TO AGRICULTURAL DEED OF TRUST <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 TO RIGHT OF DESIGNATE HOMESTEAD: <br />Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the <br />Property. Trustor, and each of them if more than one, hereby disclaims Trustor's right to designate a <br />homestead on said real estate. No part of Trustor's homestead is presently or will in the future be <br />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 <br />real estate, there shall be no right to make a designation of homestead in the event of a foreclosure <br />or trustee's sale with respect to said Deed of Trust. <br />0 B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD: <br />Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the <br />Property. Trustor, and each of them if more than one, hereby waives Trustor's right to designate a <br />homestead on said real estate. Trustor understands that Trustor has right to make a designation of <br />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 <br />upon the Deed of Trust. <br />CI C. DESIGNATION OF HOMESTEAD: <br />Pursuant to the Farm Homestead Protection Act (Section 76 -1901 at seq. Revised Statutes <br />of the State of Nebraska). Trustor hereby designates the real estate described in the "Designation of <br />Homestead" attached hereto and incorporated herein by this reference. <br />doc9.doc <br />Trustor, Roland R. Engel <br />rvn�zaz 2 , <br />T tor, Sandra E. Engel <br />I Of 6 <br />o� <br />N <br />o <br />O <br />s <br />O N <br />O <br />s CD <br />00 rr <br />Z <br />0 <br />