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99 10917 �
<br /> , . .
<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 OF RIGHT TO DESIGNATE HOMESTEAD:
<br /> Trustor acknowledges that Trustor is about to ezecute the foliowing 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 designaGon of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust.
<br /> Z� 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 ezecuting 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 /> O 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 /> refere e.
<br /> /` , �
<br /> .�
<br /> o y at a o ey . at Trustor F y i at n a a y is . at Trustor
<br /> Trustor Trustor
<br /> . rustor rustor
<br /> AGRICULTURAL DEED OF TRU5T WITH FUTURE ADVANCES
<br /> THIS DEED OF TRUST, is made as of the 14th day of September , 19 99 , by and among
<br /> che Truscor, Rodnev Rathman aka Rodnev R. Rathman and Fhvllis Rathman aka Phyllis I.
<br /> Rathman, Husband and Wife
<br /> ,
<br /> whose mailing address is 780 N. 130th Rd, Wood River NE 68883 (herein "Trustor", whether one or more),
<br /> the Trustee, Bank of Doniphan, A Nebraska Corporation
<br /> ,
<br /> whose mailing address is P 0 Box 270, Doniphan NE 68832 (herein "Trustee"), and
<br /> the Beneficiary, Bank of Doniphan, Organized and Existing under the Laws of the State of Nebraska
<br /> whose mailing address is P 0 Box 270, Doniphan NE 68832 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Rodney R. Rathman
<br /> and Sons, Inc. , A Nebraska Corporation ,
<br /> (herein "Borr�wer," whether one or more) and the trust herein created, the
<br /> receipt of which is hereby acknowledged, Trustor hereby irrevocably gr�nts, transfers, conveys and assigns to Trustee, IN TRUST,
<br /> WITN POWER OF SALE, for the benefit and security of Lender,under and subject to the terms and conditions hereinafter set forth,
<br /> See Attached Exhibit "A"
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br /> appurtenances located thereon or in anywise pertaining tl�ereto, and tl�e rents, issues and profits, reversions and remainders thereof,
<br /> and such personal properry that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating
<br /> and cooling equlpmenr and together with the homestead or marita(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 tl�e real estate aecured by the lien of
<br /> this Deed of Trust and all of the foregoing being referred to l�erein as the "Property".
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