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RL`TURN TO Farm Credit Services of America, P.O. Box 5080 Kathy Schulte <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION WAIVER <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Right to Designate a <br />Homestead. <br />I /We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes <br />a waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a <br />default upon the Trust Deed. <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />WAYNE D STOLTENBERG and MARY V STOLTENBERG, husband and wife <br />Mailing Address: <br />4699 W ABBOTT RD <br />GRAND ISLAND NE 68803 -9455 <br />This Trust Deed and Assignment of Rents is made June 1 1 2003, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," whose <br />mailing address is PO Box 64949, St. Paul, Minnesota 5 )2[-0949, and Farm Credit Services of America, FLCA, "Beneficiary," whose mailing <br />address is 5015 S 1 18th St PO Box 2409, Omaha NE 68103 -2409 in consideration of the advance by Beneficiary of the principal sum specified <br />below, the receipt o w is is ere y ac now edge rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF <br />SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, <br />the property, located in Hall County(ies), State of Nebraska, and described as follows: <br />SW 1/4 of Section 12, Township 12 North, Range 10 West of the 6th P.M., Hall County, <br />Nebraska, EXCEPTING therefrom a tract of land more particularly described in <br />Document No. 76- 005969, recorded in the Register of Deeds Office, Hall County, <br />Nebraska; and excepting a tract Platted Meierstead Second Subdivision, as shown on <br />the Plat recorded as Document No. 88- 106058. <br />N 1/2 SW 1/4 of Section 27, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska. <br />W 1/2 NE 1/4 of Section 34, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska EXCEPT Lot 1, Johnson Acres Subdivision, Hall County, Nebraska. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: 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 />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Principal Amount <br />02/27/1996 110,000.00 <br />04/03/1997 248,000.00 <br />04/27/2000 200,000.00 <br />03/15/2002 151,200.00 <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of EIGHT <br />HUNDRED THIRTY -FOUR THOUSAND TWO HUNDRED DOLLARS ($ 834 200.00), exclusive of interest and protective advances authorized eF rein <br />or in the loan agreements ; provided further, that G�NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR <br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN <br />ADVANCED. <br />This Trust Deed will be due March 01, 2022. <br />Ap #: 00307909; Primary Customer ID #: 00007492; CIF #: 10062 Legal Doc. Date: June 11, 2003 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />Z <br />CEN <br />Z <br />D <br />M <br />CA <br />�U <br />9 <br />X > <br />Z <br />w <br />o <br />° <br />N <br />N <br />-4 <br />C= <br />M <br />0 <br />'Gf't <br />0 <br />N <br />T <br />C.J <br />_ <br />_: -° <br />m p` <br />_ <br />:7 <br />o <br />2 <br />o <br />r <br />2 <br />fD <br />N <br />s <br />CD <br />7c <br />> <br />°' <br />Z <br />° <br />20030'7460 <br />� <br />not write /type above this line. <br />For filing purposes only. <br />FORM 5011 <br />(1 -2003) <br />RL`TURN TO Farm Credit Services of America, P.O. Box 5080 Kathy Schulte <br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276 <br />HOMESTEAD DESIGNATION WAIVER <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Right to Designate a <br />Homestead. <br />I /We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes <br />a waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a <br />default upon the Trust Deed. <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />WAYNE D STOLTENBERG and MARY V STOLTENBERG, husband and wife <br />Mailing Address: <br />4699 W ABBOTT RD <br />GRAND ISLAND NE 68803 -9455 <br />This Trust Deed and Assignment of Rents is made June 1 1 2003, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," whose <br />mailing address is PO Box 64949, St. Paul, Minnesota 5 )2[-0949, and Farm Credit Services of America, FLCA, "Beneficiary," whose mailing <br />address is 5015 S 1 18th St PO Box 2409, Omaha NE 68103 -2409 in consideration of the advance by Beneficiary of the principal sum specified <br />below, the receipt o w is is ere y ac now edge rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF <br />SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, <br />the property, located in Hall County(ies), State of Nebraska, and described as follows: <br />SW 1/4 of Section 12, Township 12 North, Range 10 West of the 6th P.M., Hall County, <br />Nebraska, EXCEPTING therefrom a tract of land more particularly described in <br />Document No. 76- 005969, recorded in the Register of Deeds Office, Hall County, <br />Nebraska; and excepting a tract Platted Meierstead Second Subdivision, as shown on <br />the Plat recorded as Document No. 88- 106058. <br />N 1/2 SW 1/4 of Section 27, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska. <br />W 1/2 NE 1/4 of Section 34, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska EXCEPT Lot 1, Johnson Acres Subdivision, Hall County, Nebraska. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: 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 />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property <br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and <br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to <br />or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, extended or <br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively <br />referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described <br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at <br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms <br />of the note(s) or other instrument(s) modifying the same. <br />Date of Note Principal Amount <br />02/27/1996 110,000.00 <br />04/03/1997 248,000.00 <br />04/27/2000 200,000.00 <br />03/15/2002 151,200.00 <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of EIGHT <br />HUNDRED THIRTY -FOUR THOUSAND TWO HUNDRED DOLLARS ($ 834 200.00), exclusive of interest and protective advances authorized eF rein <br />or in the loan agreements ; provided further, that G�NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR <br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN <br />ADVANCED. <br />This Trust Deed will be due March 01, 2022. <br />Ap #: 00307909; Primary Customer ID #: 00007492; CIF #: 10062 Legal Doc. Date: June 11, 2003 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />Z <br />