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COMPLETE this portion ONLY if the real property described <br />consists of INDIVIDUALLY OWNED AGRICULTURAL LAND r If applicable, complete ONLY ONE either A, B, or C: <br />[X�A. DISCLAIMER 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 <br />,em if more than one, hereby disclaims Trustors right to designate a homestead on said real estate. No part of Trustor's homeste <br />presently or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on a <br />art 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 <br />lake a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust. <br />❑ 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 <br />lam if more than one, hereby waives Trustors right to designate a homestead on said real estate. Trustor understands that Trust <br />as right to make a designation of homestead and that by executing this waiver, Truslor is waiving rights otherwise available for tl <br />irpose of affording them the opportunity to retain Trustors homestead in the event of a default upon the Deed of Trust. <br />C. DESIGNATION OF HOMESTEAD: <br />Pursuant to the Farm Homestead Protection Act (Section 7&1901 at seq. Revised Statutes of the State of Nebraska), Trust <br />areby deiijgnates the real estate,"cribed in the "Designation of Homestead" attached hereto and incorporated herein by this ref, <br />Trustor <br />AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES <br />THIS DEED OF TRUST, is made as of the <br />the Trustor, Dennis Bonsack, a single <br />28th day of <br />person <br />February, 2003 <br />_19 by and among <br />, <br />whose mailing address is PO Box 554 <br />the Trustee �iZSt State Bank <br />Wood River, NE 68883 <br />(herein "Trustor', whether one or more), <br />whose mailing address is 119 C Street, <br />PO Box 639 <br />Shelton, NE 68883 <br />M <br />T <br />m <br />\ <br />whose mailing address is 119 C Street, <br />PO Box 639 <br />1'rf <br />(herein "Lender). <br />c <br />_ <br />�li <br />f1 <br />o <br />OZ <br />C <br />ti <br />N <br />d <br />� Z <br />W <br />3 <br />n <br />N <br />CD <br />y <br />w <br />G7 <br />CD <br />200302595 <br />o <br />N <br />COMPLETE this portion ONLY if the real property described <br />consists of INDIVIDUALLY OWNED AGRICULTURAL LAND r If applicable, complete ONLY ONE either A, B, or C: <br />[X�A. DISCLAIMER 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 <br />,em if more than one, hereby disclaims Trustors right to designate a homestead on said real estate. No part of Trustor's homeste <br />presently or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on a <br />art 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 <br />lake a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust. <br />❑ 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 <br />lam if more than one, hereby waives Trustors right to designate a homestead on said real estate. Trustor understands that Trust <br />as right to make a designation of homestead and that by executing this waiver, Truslor is waiving rights otherwise available for tl <br />irpose of affording them the opportunity to retain Trustors homestead in the event of a default upon the Deed of Trust. <br />C. DESIGNATION OF HOMESTEAD: <br />Pursuant to the Farm Homestead Protection Act (Section 7&1901 at seq. Revised Statutes of the State of Nebraska), Trust <br />areby deiijgnates the real estate,"cribed in the "Designation of Homestead" attached hereto and incorporated herein by this ref, <br />Trustor <br />AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES <br />THIS DEED OF TRUST, is made as of the <br />the Trustor, Dennis Bonsack, a single <br />28th day of <br />person <br />February, 2003 <br />_19 by and among <br />, <br />whose mailing address is PO Box 554 <br />the Trustee �iZSt State Bank <br />Wood River, NE 68883 <br />(herein "Trustor', whether one or more), <br />whose mailing address is 119 C Street, <br />PO Box 639 <br />Shelton, NE 68883 <br />(herein "Trustee'), and <br />the Beneficiary, First State Barak <br />whose mailing address is 119 C Street, <br />PO Box 639 <br />Shelton, NE 68883 <br />(herein "Lender). <br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Dennis Bonsack <br />(herein "Borrower," whether one or more) and the trust herein created, the receipt <br />of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of Lender, under and subject to the terms and conditions hereinafter set forth, the real <br />property described as follows: <br />The North Half of the Southeast Quarter (Nl /2SE1 /4) and the Southeast <br />Quarter of the Southeast Quarter (SE1 /4SE1 /4) of Section Two (2), Township Ten (10) North, <br />Range Eleven (11) West of the 6th P.M., Hall County, Nebraska <br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances <br />located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, and such per- <br />sonal property that is attached to the improvements so as to constitute a fixture, including, but not limited lo, heating and cooling equip- <br />ment; and together with the homestead or marital interests, if any, which interests are hereby released and waived; all of which, includ- <br />ing replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and <br />all of the foregoing being referred to herein as the "Property ". <br />*11._.1 d��°,":,v T­. 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