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<br />ITIRETl1RN TO Farm Credit Services of America, P.O. Box 5080 Echo Alcorn
<br />CPREPARER: Grand Island, NE 688025080 (800(503.3276
<br />HOMESTEAD DESIGNATION DISCLAIMER
<br />yin accordance with the provisions of the Nebraska Earm Homestead Pratec tips Act. Neb. Hev. Stet Sections ]6 -1901, et. seq., as a preface to the
<br />xecadon, and as apart of the following Trust Deed, the undersigned Trustorlsl being first duly sworn, clarts to Disclaim the Hight to Designate
<br />a Homestead.
<br />I /We disclaim the right to distinct. a homestead on the property described In the following Trust Deed. No part of my /our homestead is presently,
<br />or in the frone 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 asters, I /we shall haven right to make a designation of I spired In the event of
<br />a Trustee's sale.
<br />,�
<br />I r P N M S HU T2 � L TT
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />7rustor(s):
<br />STEPHEN M SCHULTZ and CHERYL SCHULTZ, husband and wife
<br />Mailing Address:
<br />2838 E CEDARVIEW RD
<br />DONIPHAN NE 68832 -9400
<br />This Trust Deed and Assignment of Rents is made Janus 09, 2003, by and among the above named Torsional and Agreank, FCC "Trustee,"
<br />whose mailing address is PO Box 64949. SL Peul. Mlnnesule 5 51 640 949, and Farm Credit Services of America FLEA, "Benehriarv." whose
<br />loading address Is 5015 5 11 BID S[ PO Box 2409, Omaha NE 68103 2409 in on 1 eraiFe a nrT�i Ace. y e.�(e Iclary of the princiyul Burn
<br />specified below, the receipt o whh Is M1erebnowledgad, Trustogs irrevocably vocably transfers, conveys' and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SAI F, for the benefit and security of Beneficiary. its sposessurs and assigns, under and subject to the tarms and conditions of
<br />this Trust Deed, the property, located in I Tall County(iesl, State of Nehreska, and described as follows:
<br />Ttnct A
<br />That li l of the North Half of the Southeast Quarter (N1/2 SEl /4) of Section Thirty-five (35), Township
<br />Ten (10) North, Rall Nhre (9) West of the 6th. P.M., Hall County, Nebraska, more particularly
<br />described as follows:
<br />Commencing; at the East One Quarter comer of Section Thirty-rive (35), Township Ten (10) North,.
<br />Roger Nine (9) West of the 6th P.M., . and the POINT OF BEGINNING; thence South tra43'US° livest on
<br />the East line of the Southeast Quarter a distance of 1324.53 feet to the East One Sixteenth Corner of the
<br />Southeast Quarter, thence North 89" 1'14" West on the North line of the South One Hall' of the Southeast
<br />Quarter (Sl/2 SETAB a distance of 2653.65 feel to the West One Sixteenth Cosner of the Southeast
<br />Quarter; thence North 00 019104" East an the East line of the Northeast Quarter a distance of 1323.28 feel
<br />to the Center of Section 35; thence South 89 042'48" East on the North line of the Southeast Quarter
<br />district of 2662.89 feet to the POINT OF BEGINNING.
<br />Tract B
<br />That part of the South Half of the Northeast Quarter (Sl /2 NE1/4) of Section Thirty -live (35), Township
<br />Ten (10) North, Range Nine (9) West of the 6th P.M., Hall County Nebraska, more particularly
<br />described as follows:
<br />.Commencing at the East Quarter corner of Section, Thirty-Rye (35), Township Ten (10) North, Range
<br />Nine (9), West of the 6th P.M, and the POINT OF BEGINNING; thence North 89 °42'48" West nn the
<br />South line of the Northeast Quarter a distance of 2662.89 feet to the Center of Section Thirty-five (35);
<br />thence North 00 °19104" East on the West line of the Northeast Quarter a distance of 1318.44 feet to the
<br />West One Sixteenth corner of the Northeast Quarter; thence South 89 "50'35" East on the North has of
<br />the South One Half of the Northeast Quarter (Sl /2 NFl /4) a distance of 2111 feet; thence South
<br />01 °4(1'3311 East a distance of 240.13 feet; thence South 391 East a distance of 690.08 feet; thence North
<br />89 °20'16" East a distance of 137.86 feet to a point on the East line of the Northeast Quarter and 768.00
<br />feet South of the East One Sixteenth corner nr the Northeast Quarter thence South 110°42'3911 West on
<br />the said East line of the Northeast Quarter a distance of 55652 feet to the POINT OF BEGINNING.
<br />together with all Truster 'a right, title, and Interest In the property, now or hereafter acquired, eluding: 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 />Ap N: 00284285; Primary Customer ID N: 00029159; CIF #: 65319 Legpl Doc, Data January 09, 2003
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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