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<br />For riling purposes only.
<br />FORM 5011 I6 -20011
<br />RETURN TO 4arm Credit 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 />JAM
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<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 November 16 2001, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee,"
<br />whose mailing address is PO Box TAF -05, Spokane, Q Washington 20 -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 eneficiary of the principal sum specified below,
<br />the receipt of whit Is hereby ac know a 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 />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 />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 ui residence sc urad hefaby ea- &eMeftts and other-rigMs aFiv +ria -now or at any time hereafter b--longing 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 />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of THREE
<br />HUNDRED NINETY THOUSAND DOLLARS IS 390 OOO.00ALLxNOTvCONSTITUTE advances authorized
<br />herein
<br />agreements ; prove a urt er, t at PP,F�
<br />ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br />This Trust Deed will be due January 01, 2016.
<br />Legal Doc. Date: November 16, 2001
<br />Ap #: 00240004; Primary Customer ID #: 00059938; CIF #: 71012 Page 1
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