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<br /> ACKNOWLED�iEMENT OF DEED OF TRV9T
<br /> TtiWTOR READ TWd 6EFOR�Sltit�itNO: �aT �.[►�!�
<br /> _ — -- r.•vv.,�rs .
<br /> trwlor uneNnnnds NiM 1h�docurn�t th�t Truqa is�bout lo�x�euM t��ONd ol Trwt and eo1�maq�0��ntl 1hN Ut�Po�►
<br /> — M sW ix��tor In Ih�W sd af Tn»t providn wbrhneluly df11�M►t riphM snd obllp�tlons b Tn�slor�n�rncxq�Or M ItN wrnt
<br /> ��-- -- of.d.a�w�a�..ch a obuQ.ua,��,d.�►a,e o..d ot rti�a,ina�din��but nW IlmiNd to,lh�t,.�nd�r's rlpht to hawlM Prop«'1y soid
<br /> _- �prTbMa�th��x�cutlon of Ih�OMd ol Tr�i�t.ruqor tpwMnb snd waraMS MW thi� Icn�r+Mdp�nt�M+r��x�C1�Yd bY
<br /> - � �
<br /> ,_:;:�
<br /> = (Ards N. P�t�r�on T� Hu�bsnd)
<br /> - ---_----- ��zD, � �
<br /> (Gratchan K. � P�t�raoa, ilitt)
<br /> _� � PREFACE TO AGRICULTURAL DEEO OF TRUST -
<br /> �� COMPLETE tht�pordon ONLY It the rNl p►opKly dNCrib�d
<br />�a�.___ - comisb of INOIVIDUALLY OWNED AORICULTURAL LANU.
<br /> - --- If appllcabN,compNM ONLY ONE Ntl�r l�8,or C:
<br /> �� p 11.DISCLAIMER OF RIOHT TO DESIdNATE HOMESTEAp: __
<br /> . ��'�; . Truito►acknowled�s th�t Tru�tor is about to ex�cut�the Iollowinp Ds�d ot Trust upon fhs Propsrty.T►u�tor,and Nch otthem
<br /> t r, if mon than on�,henby disclafms Trutror's�ipl�t to d�alpnate a home�ts�d on said r�ai�stat�.No put of T�u�torr hom�atMd Is
<br /> ;••�. ' pres�ndy a will in tht tuture be sitwtsd upon pid r�ai entate.Tru�tor und�ratandi that it Trustor est�bitsha a hort�M�d on any
<br /> s� �-��•• � '�'��� `� � p�R of s�fd reat estats durinp th�Ume the Qe�d of Trust►emain�uns�Ustlsd+�nd n Ii�n upon iaid nal esU�te,fhsrs�hall b�no rtphtb
<br /> f F �r.-,�, malu a dMipnaqon of hanatMd in th��v�nt of a bnclowr�or hwtN's tal�whh rMp�ct to sliid DMd of T►wt
<br /> ;':�,,-�,,,,:.r,��.,'; .:
<br /> � , ''r.� v B.WJIIVER OF RIdHT TO OESIONATE HOMESTEAO:
<br /> � '��'` "4=� Trustor�cknowisdpes that Tru�tor is about to sxecuts the foilowiny Deed ot 7rust upon ths Property.Trustor.�nd Mch of th�n
<br /> :.�;:��,. if mor�than on�,h�reby waivss Tru�tor's rlpht to d��iynate a homett�ad on wid rs�l eWq.Trustor undentands that T�wlor ha�
<br /> � r�N;,t��,;�.•=�'"' rl�ht to tn�ke a deslpnadon of hom�sts�d�nd that by execuNnp Mis waivK,Trustor is wafvinQ riphb ot�wiN�wil�W�for 1h�
<br /> x ry` Td4:�.
<br /> tl
<br /> = �w'A,�.-,�,��, ti;.,:. purpos�of aBordMy Mwn Ihe oppo►tunity to refain TrusW�'s homat�ad in th�w�nt of a dMault upon 1fN DMd of Tn�t
<br />- �i�;�!^,�!'�-.
<br /> �j�,=�,�;}�y;�„Q_ 0 C.OESI(iNAT10N OF NOMESTEAD:
<br /> �g,��:���.t.�tin° ' Pursuant to tM ram►iiomesfead Pwinciic,�i Aei(o�titic,r+7�-i8Ci bi s�.itavl:sd 3taiut�a!the 8!a!e c!t�lel�'eek3?.Tn'!a°''
<br /> `'i:�c:,�; •. :, hereby d�slynabs th�nat eaiate deaeribed In tha"DesiynaUon ol msstwd"attach�d reto and Ineorpont�d MrMn by tl�is
<br /> � ?,: .�r::_,,..�,. � rM�nnc�.
<br /> :�`,(���`. � .
<br /> �}•�� -'�;'.
<br /> �t.,,•.. , . .:. •
<br /> . >.,•, ;r;; . (Arden N. '/ Tr� Pstarson, Husb�ad)
<br />- '� t�}�J,.•,� �.�,� ����.)K D�.s✓s�..� -- -
<br /> v
<br /> � 5:'.�.;�;c,.� (Gretchen K. T�ustor pet�rson� Qilt)
<br /> iJ4c't.�r,� ..I� . ..._
<br /> - #. .' AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES
<br /> 1','' M t..�'f)''' vneA�ar ,19-�—.bY w11d�If10fIQ
<br /> .1�::�;�;. THIS DEED OF TRUST,is made as ot the_...9_t11_day of� �Lp
<br /> ,`'`�" •--°-- " Peteraon and Gretchea K Patersoa liyaband & ilife
<br /> `� +:'' • th�TfU{tOf, nruau a� � •
<br /> '' 4271 West 1-R Road
<br /> �:�;t.?�,: , •
<br /> whost maiiinp address is �rand Ial�nct.� Np_1i8AA� (har�n"Trustor",whNh�r on�or moh).
<br /> '/ir., ' :;
<br /> ' '�' �'�' thoTtustvo. _ �i� ��NTS BANK._�Nebraaka Cornoration �
<br /> ;,,;.`t�r.�. ,. whose maHinq address is_P n A^Y t�07��rAnd Is7 and� NF f+88�2-1507 (h�rNn"Tru�'�.and
<br /> � �." ry, FIVE POINTS SANK
<br /> 'v'� `�a�►irir'' � thY BenYflCli
<br /> .
<br />-,?�-; . '�ta:. • . P O Box 1507 Grand Island NE 68802-1507 (herNn"Und�r").
<br /> whow mauinq addrass la. . �
<br /> • `�� ,`. ' FOR VALUABLE CONSIDERATION,includinp Londer's extension of credit identlHed herein to..Ar�en.u-�p•t•r��n �nd
<br /> �:;` Gretchen K. Peteraon,
<br /> ,,a�•..;• : .•� Husband and �1{fe (herei�"Borrower;'whether one or more)end the trust heraln crvaUd,
<br /> w,.......�.;:r�.
<br />- >,�;=�--.��•�,.: ;.E the rec�tpt ot which is hereby acknowledyed, Trustor hereby irrevocably yrants,tranafers,conveys and aaslpns to Trustee,IN
<br /> ��ti �• ' TRUST,WITH POWER OF SAIE,tor the benelit and security of Lender,under and subject to the terms and conditfons herein�fte►set -
<br /> '�•°���`�•'� The Northneat Quarter (NW'�) of Section �rentq-three (23)� in
<br /> , �,.,, • . (orth,the roal property,descdbed es follows:
<br /> , ;.,,,�,;, Towanhip ltitelve (12) North� Raage Ten (10)� Wes t of the 6th P.M., ia tiail Countq�
<br /> � w.: .. � Nabraakz� excep�ing a certain traat more particularly described in Warranty lleed aa
<br /> �:�����= Documeat No. 90-101�56 also except�ng a certain tract more particularly de�cribed
<br /> .. ., , .•. ;
<br /> � ' � in iiarranty Deed as Document No. 92-108242.
<br /> �-°��--�-�,-�,� Topsther with ail buitdin9s,improvements,tixturea,streets,alteya,passayeways,easements,rlphts,privflepes end eppurte-
<br /> -�"�'�"�""°`-� nanC�s bcabd Mereon or in enywise pertalniny theroto,and the rents,issues and protifs,reverafona and remaindera thereoi,and ;
<br /> weh psrsonal properly tlwt ia attached to the improvements ao ae to constitute a fixture,includlnp,but not Ilmited to,haatinp and
<br /> �u�..�....�..w.�..r.w.1►n...M.r�ulth th�hnmwwfa�d nr marlfat int�rwaff.if�nv.whlch Inteflftf l��hsrebv rNsared and walvsd;w�l
<br /> _ _� - � v....�...y��...,....�....r._�„__._. _.... - -- — .
<br /> -�� of which,lncludinp rsp�acoments and addltlons thereto,is hereby declared to be a pan of the real�state i�aund by tho Il�n ot thi�
<br /> �.:,� DNtf of Tnut and dl ot tlw torpolnp beinp ref�rnd to honln at tho"Propsrly".
<br /> - Thie DMd of T►ust�hatl aeun(a�ths p�yment ot the prinelpal sum and intarost wldonc�d by a pramitwry not�or er�dit
<br /> -- _�.�.,� ������ Nova�bar 9. 1993 ,havinp a matur�ry dats of I�rch 1 2000 ,
<br /> Irt iM pNpind prinClpal amount Of:�S�0(1t1_�[1 �nd a�y and all modi8cadon�.�xt�nNons and nn�w�lt
<br /> qMrwf or IMrNo�nd any�nd all futun�dwnces�nd rwdvanc�t to Borrow�r(or any of th�m if mor�th�n on�)h�nund�r
<br /> — purw�nt to on�or mon Pr�Y noM�a w�dit�prNm�nts(hK�tn ca1Nd"Nov'1:lp)tM paym�nt ot o�Mr wms�dvsnc�d by
<br /> — wc�asrw�row�...�oro 3 .� .r �
<br /> O 11M MMM�M Md MC�uMT�I�M�nMM ArwrMn 1Ywh MNnW
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