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r ••c.' RE RECORDED' � . •, . " I 99��a5�3� WAIVER OF HOMESTEAD �� . �� 1. DATE AND PARTIES. The date of this Waive� of Homestead ("WAIVER") is March 31, 1999 , and the mailing address of the undersigned(whether one or more "TRUSTOR") is: c/o T. & E. Cattle Company 4444 West 13th St. Grand Island NE 68803 2. BACKGROUND. In accordance with the provisions of the Revised Nsbraska Statutes of 1943, TRUSTOR, prior to executing the attached LIEN DOCUMENT(which is either a Deed of Trust or Mortgage),dated , and executed by TRUSTOR in favor of First National Bank of Omaha ("BANK"), hereby makes the following statements, representations and warranties. 3. WAIVER OF HOMESTEAD. TRUSTOR hereby states, represents and warrants: A. That TRUSTOR'S dwelling house or rental house and other buildings subject to a homestead are presently located upon the following described real estate("PROPERTY"): The Southwest Quarter (SW1/4) of Section Nine (S9) Township Eleven (T11) North, Range Ten (R10) West of the 6th P.M. , Hall County NE i B. That TRUSTOR understands that he or she has the right to make a designation of homestead in the LIEN DOCUMENT and the execution of this WAIVER constitutes the waiver of rights otherwise available for the purpose of affording the TRUSTOR the opportunity to redeem or retain his or her homestead in the event of default upon such LIEN DOCUMENT. C. That TRUSTOR acknowledges that while the LIEN DOCUMENT remains unsatisfied and a lien on the PROPERTY, TRUSTOR shall have no right presently or in the future to make a designation of homestead on the PROPERTY, including without limitation, in the event of foreclosure or Trustee's sale under the LIEN DOCUMENT. D. That TRUSiOR states this WAIVER is TRUSTOR'S knowing and voluntary act and deed and constitutes a written WAIVER and acknowledgment under the Homestead Laws of the State of Nebraska, and further TRUSTOR does hereby disciaim any right to designate a homestead in the Event of Default upon such LIEN DOCUMENT or in the event of foreclosure or Trustee's sale under the LIEN DOCUMENT. E. That TRUSTOR further understands and agrees that this WAIVER shall be filed as a preface to and become a part of the LIEN DOCUMENT. 4. SURVIVAL OF EXECUTION OF LIEN DO�UMENT. TRUSTOR agrees and acknowledges that this WAIVER shall be filed as a Preface to the LIEN DOCUMENT,shall survive the execution of the LIEN DOCUMENT and shall become a part of and incorporated into the LIEN DOCUMENT. T as S. Baxter � E1 abeth Baxter ACi�RiOWf�EDfa�IIfEMi Ff3R itdDIViD6}AL ----__-- State of �2 b r a s�a ) )SS County of N a 1 I ) On this _� j day of �, 19�, personally appeared %o�rl �l axtev anc� /=' l;zA;�-r� l.��x ter , known to me to be t e person(s) w ose name s) is/are . subscribed to the oregoing instrument, and acknowledged that he/she/they executed the same as his/h,er/their voluntary act and deed,and if married, intending to bind his/her separate estat Notar ublic �III GENERAI NOIARY•State ot Nebraska STEPHANIE S.HOLSCHER My Comm.Exp.luly 4,1999 101010•098 Rtv.11/88