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RETURN 10 Farm Credit Services of America, P.O. Box 5080 Echo Alcorn <br />PRFPARER: Grand Island, NE 68802 5080 18001503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />In accordance with the previsiuns of the Nebraska Farm lomestead Protection Act, Nab. Rev. Star Sections 76 -1901, et, seq., as a preface to the <br />execution, and as a part of the following trust Ducd, the undersigned Trustorlsl being first duly sworn, elects to Disclaim the Right to Designate <br />a I lomestead. <br />I /We disclaim the right to designate A ancestread on the property described In the following Trust Dead. No part of my /our homestead is presently, <br />or in the future 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 I rust Died remains unsatisfied and a lien on the real spot, I /we shall have no right to make a resignation of homestead m the event of <br />a Trustee's sale. <br />L(Y.nMM oa,.e sJ - L- !'7uta�CO. <br />VVVICCGI�i U El EANNIENE 5 BUROETT <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustorlsl: <br />WILLIAM W BURDETT and JEANNIENE S BURDETT, husband and wife <br />Mailing Address: <br />1147 #RD AVE <br />DANNEBROG NE 68831 -3b29 <br />This Trust Deed and Assiynmant of Rents Is roads February 10 2003, by and among the above named Trustorlsl and Agnbank, FC6, "Trustee," <br />whose moiling address Is PO Box 64949, St Paul, Minnesota 661640949, and Farm Cretlit Services of America, FLGA, "Benefiriary," whose <br />mailing address Is 5015 S 118th St PO Box 2409, Omaha, NE 88103 -2409 in cons emnon o t e a vance y one weary of the ..... l sum <br />specified below, the receipt of which is hereby acknowledged, Trustorls irrevocably transfers, conveys and assigns to Tracrr, IN TRUST, WITH <br />POWER OF SALE, for the benefit and s corny of Beneficiary, its Aui and assigns, under and subject to the terms and conditions of <br />this Trust Deed, the property, located in HH 11 CountylieaL State of Nebraska, and described as follows: <br />SE 1/4, Sec. 6, Twp, 12N, Rge. 11 W 6th P.M. <br />together with all Truster's right, title, and interest in the property, now or hereafter Arguired, eluding: all buildings, fixtures, crops, and <br />pmvements now on ....cantor placed upon the property; all appurtenances, water, nature, i and drainage rights; all rents, issues, uses, mount, <br />profits, and rights to possession; all aftyo s, gravel, rock, or l part minerals l whatever nature, mcluding <JJCOthennal resources; all personal property air <br />that may integrally belong ctor hereafter become re integral part mthe real estate whether attached or attached, inolutlin, any appurtenances and <br />auany way of any structure or residence secured hereby: casements and other fights and Interests ow or at any d rr hereafter belongln a d <br />r n or <br />or yin any way d all lease to the property, whether or not part rear described here'm; all the p and below ground ter issued, yuxtend and <br />cewed by and all leases permits, licenses, n privileges, a purtment or bureau, instrumentality. al the property, w r hereafter Issued, extended or <br />as <br />enewed by Trustorlsl any State, the United Stites, or any Rpartment, bureau, strumentullty, or agency thereof. The foregoing is collectively <br />re felled to In this document as the "property.' <br />It Is understood and u9n ed between Truetordo and Beneficiary that this Trust Deed is given to secure the repayent in full of the following described <br />promissory nom and II future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at Its option, at <br />the reryrest of, and to or for Me a ant of Trustorlsl, or any of them, for any purpose, plus- Interest thereon, all payable according to the terms <br />of the Facials) or other instruments) modifying the same. <br />Date of Note Princerinci l AmauAtAmouAt <br />lO 1T1�1266T 130.000.00 <br />and secured hereby at any one one will not exceed <br />rest and arntrcrlve advances authorized herein of <br />This Trust Deed will be due March 01 2023. <br />Trustorlsl hereby warrants that Trustorls) holds fee simple title to the above desrribed property, that Trustorlsl has woo and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trusmrfsf <br />will warrant and defend the properly, at Tustorls) expense, against all claimants whomsuavor. Trustorls) Alan furnace waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption In and to the above described property. <br />Trustorlsl and each of them further covenants and agrees with Saar ictary as follows: <br />1. To pay all liens, judgments, or other Asses_aments against the property, and to pay when due all assessments, taxes, rents sea UF charges upon <br />the property or under any Iowa, peach Unease, or privilege assigned to Beneficiary us additional security in this Trust Deed, including those in or <br />on public domain. <br />2. To insure and keep Insured buildings and ather l mprovements 'mcluding fixtures and attachments now on or hereafter placed oa the propertyto <br />the c tusouthun of Benefiriary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payshle clause to <br />Beneficiary. Any suns so received by Beneficiary may be used to pay for reconstruction of the destroyed improvements ur if not so applied may <br />IIlied, et the option of Beneficiary, In payment of any Indebtedness maound or unearned secured by this Trust Deed. Such Insueise will be <br />mount at least equal to the lesser of the loan balance, the actual cash value of the collateral, or the replacement cast of the property, 'rid <br />will at a minimum, cover losses caused by fire, hardens, explarien, riot, aircraft, vehicles, vandelu'nt civil eommotfon, smoke, windstorm, and hail. <br />r torlsl will obtain and keep flood Insurance in forea to cover losses by flood as required by Beneficiary and by the National plant Insurance Act <br />of 1968, as amanded, and by regulations Implementing the sumo- Trustorls) furtfurr agree that Beneficiary Is not and will not be liable far any fallure <br />Ap #: 00285221; Primary Customer ID #: 00010056; CIF #: 56210 Legal Doc. Date: February 10, 2003 <br />FORM 5011, Trust Deed and Assignment of Rent. Page 1 <br />TTY, <br />n <br />x <br />gym, <br />n <br />o <br />y <br />o m <br />C <br />n <br />Z <br />CJ <br />' <br />= <br />n <br />n <br />> <br />V <br />N <br />a� <br />ti <br />rr <br />D <br />s m <br />° in <br />O <br />Tri <br />f <br />ri <br />N <br />3 <br />1C) <br />200301615 <br />for <br />Do <br />not write /type eGOVe (m me. <br />For /ilin9 puryasas <br />an /y. <br />FORM 5011 Ll -3o W1 <br />RETURN 10 Farm Credit Services of America, P.O. Box 5080 Echo Alcorn <br />PRFPARER: Grand Island, NE 68802 5080 18001503 -3276 <br />HOMESTEAD DESIGNATION DISCLAIMER <br />In accordance with the previsiuns of the Nebraska Farm lomestead Protection Act, Nab. Rev. Star Sections 76 -1901, et, seq., as a preface to the <br />execution, and as a part of the following trust Ducd, the undersigned Trustorlsl being first duly sworn, elects to Disclaim the Right to Designate <br />a I lomestead. <br />I /We disclaim the right to designate A ancestread on the property described In the following Trust Dead. No part of my /our homestead is presently, <br />or in the future 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 I rust Died remains unsatisfied and a lien on the real spot, I /we shall have no right to make a resignation of homestead m the event of <br />a Trustee's sale. <br />L(Y.nMM oa,.e sJ - L- !'7uta�CO. <br />VVVICCGI�i U El EANNIENE 5 BUROETT <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustorlsl: <br />WILLIAM W BURDETT and JEANNIENE S BURDETT, husband and wife <br />Mailing Address: <br />1147 #RD AVE <br />DANNEBROG NE 68831 -3b29 <br />This Trust Deed and Assiynmant of Rents Is roads February 10 2003, by and among the above named Trustorlsl and Agnbank, FC6, "Trustee," <br />whose moiling address Is PO Box 64949, St Paul, Minnesota 661640949, and Farm Cretlit Services of America, FLGA, "Benefiriary," whose <br />mailing address Is 5015 S 118th St PO Box 2409, Omaha, NE 88103 -2409 in cons emnon o t e a vance y one weary of the ..... l sum <br />specified below, the receipt of which is hereby acknowledged, Trustorls irrevocably transfers, conveys and assigns to Tracrr, IN TRUST, WITH <br />POWER OF SALE, for the benefit and s corny of Beneficiary, its Aui and assigns, under and subject to the terms and conditions of <br />this Trust Deed, the property, located in HH 11 CountylieaL State of Nebraska, and described as follows: <br />SE 1/4, Sec. 6, Twp, 12N, Rge. 11 W 6th P.M. <br />together with all Truster's right, title, and interest in the property, now or hereafter Arguired, eluding: all buildings, fixtures, crops, and <br />pmvements now on ....cantor placed upon the property; all appurtenances, water, nature, i and drainage rights; all rents, issues, uses, mount, <br />profits, and rights to possession; all aftyo s, gravel, rock, or l part minerals l whatever nature, mcluding <JJCOthennal resources; all personal property air <br />that may integrally belong ctor hereafter become re integral part mthe real estate whether attached or attached, inolutlin, any appurtenances and <br />auany way of any structure or residence secured hereby: casements and other fights and Interests ow or at any d rr hereafter belongln a d <br />r n or <br />or yin any way d all lease to the property, whether or not part rear described here'm; all the p and below ground ter issued, yuxtend and <br />cewed by and all leases permits, licenses, n privileges, a purtment or bureau, instrumentality. al the property, w r hereafter Issued, extended or <br />as <br />enewed by Trustorlsl any State, the United Stites, or any Rpartment, bureau, strumentullty, or agency thereof. The foregoing is collectively <br />re felled to In this document as the "property.' <br />It Is understood and u9n ed between Truetordo and Beneficiary that this Trust Deed is given to secure the repayent in full of the following described <br />promissory nom and II future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at Its option, at <br />the reryrest of, and to or for Me a ant of Trustorlsl, or any of them, for any purpose, plus- Interest thereon, all payable according to the terms <br />of the Facials) or other instruments) modifying the same. <br />Date of Note Princerinci l AmauAtAmouAt <br />lO 1T1�1266T 130.000.00 <br />and secured hereby at any one one will not exceed <br />rest and arntrcrlve advances authorized herein of <br />This Trust Deed will be due March 01 2023. <br />Trustorlsl hereby warrants that Trustorls) holds fee simple title to the above desrribed property, that Trustorlsl has woo and lawful authority to <br />deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trusmrfsf <br />will warrant and defend the properly, at Tustorls) expense, against all claimants whomsuavor. Trustorls) Alan furnace waives and relinquishes all <br />rights of dower, homestead, distributive share, and exemption In and to the above described property. <br />Trustorlsl and each of them further covenants and agrees with Saar ictary as follows: <br />1. To pay all liens, judgments, or other Asses_aments against the property, and to pay when due all assessments, taxes, rents sea UF charges upon <br />the property or under any Iowa, peach Unease, or privilege assigned to Beneficiary us additional security in this Trust Deed, including those in or <br />on public domain. <br />2. To insure and keep Insured buildings and ather l mprovements 'mcluding fixtures and attachments now on or hereafter placed oa the propertyto <br />the c tusouthun of Benefiriary. Such insurance will be approved by and deposited with Beneficiary, and endorsed with loss payshle clause to <br />Beneficiary. Any suns so received by Beneficiary may be used to pay for reconstruction of the destroyed improvements ur if not so applied may <br />IIlied, et the option of Beneficiary, In payment of any Indebtedness maound or unearned secured by this Trust Deed. Such Insueise will be <br />mount at least equal to the lesser of the loan balance, the actual cash value of the collateral, or the replacement cast of the property, 'rid <br />will at a minimum, cover losses caused by fire, hardens, explarien, riot, aircraft, vehicles, vandelu'nt civil eommotfon, smoke, windstorm, and hail. <br />r torlsl will obtain and keep flood Insurance in forea to cover losses by flood as required by Beneficiary and by the National plant Insurance Act <br />of 1968, as amanded, and by regulations Implementing the sumo- Trustorls) furtfurr agree that Beneficiary Is not and will not be liable far any fallure <br />Ap #: 00285221; Primary Customer ID #: 00010056; CIF #: 56210 Legal Doc. Date: February 10, 2003 <br />FORM 5011, Trust Deed and Assignment of Rent. Page 1 <br />