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<br /> PREFACE TO AGRICULTURAL DEED OF TRUST d
<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 /> � ��
<br /> -,.�-c� ��
<br /> TERRI L. ROWLEY Trustor J S L ROWLEY 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 isc day of June , 19 99 , by and among
<br /> the Trustor, JAMES L ROWLEY and TERRI L. ROWLEY, Husband and Wife
<br /> whose mailing address is P o aox ae6 ELM CREEK, rrE 6as36- (herein "Trustor", whether one or more),
<br /> the Trustee, sArrx oF DONIPAAN ,
<br /> whose mailing address is P.o. sox a�o DONIPHAN, NE 68832 (herein "Trustee"), and
<br /> the Beneficiary, Barrx ci noxzPxaN ,
<br /> whose mailing address is Po sox z�o DONIPHAN, xs 68832 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to
<br /> JAMES L ROWLEY, TERRI L. ROWLEY
<br /> (herein "Borrower," whether one or more) and the trust herein created, the
<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 NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (NE1/4SE1/4) OF SECTION SEVENTEEN (17), TOWNSHIP TEN (10) NORTH, RANGE
<br /> ELEVEN (11) 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 waived;
<br /> all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of
<br /> this Deed of Trust and all of the foregoing being referred to herein as the "Property".
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