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200200435.
<br />ACKNOWLEDGEMENT OF DEED OF TRUST
<br />TRUSTOR READ THIS BEFORE SIGNING:
<br />Tmstor understands that the document Mal Truslor I. about to erucule is • Deed of Trust and not a mortgage end Mel the power
<br />of Sale providad for In Me Dead of Lust provides wbstenlially tllXerent rights and obligations to Truslor than a montage in Ina event
<br />of a default or breach of obligation under the Dead of Trust, Including, but not limited to. the Lander 'a right to have the Property sold
<br />by the Trullse without any judicial procndir ,118lor represents and rr 4 Mel this acknowledganxi was executed �y'
<br />4 .. or before Joel execution of theUnd of L - >n f� w �� 11
<br />Trustor -Audre V'M Brummund Trustor-
<br />PREFACE TO AGRICULTURAL DEED OF TRUST
<br />COMPLETE Mis portion ONLY a the reel modern, described
<br />consists of INDIVIDUALLY OWNED AGRICULTURAL LAND.
<br />n applicable. Oamplele ONLY ONE either A, B. of C:
<br />3X A DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD:
<br />Treanor acknowledges that Treated IS about to execute the following Deed of Trust upon the Property. Truslor, and eech of them
<br />II more Men one. hereby disclaims Tlualnr'e fight 10 deslgnale a homestead on said reel ..late. No pan of Trunor's homutead Is
<br />presently or will In Me future be Situated upon sold real male Truslor understand, Mel II Treater SIMbli,hes a homestead on any
<br />pad of Wd real asists during Me tea Me Deed of Trust remains Unsatisfied end a Ilan upon Said real ..tale, then shall be no tight to
<br />make a designation of homestead In the went of a forecloses or trustee's Sale with respecl no Said Dead of Trust
<br />❑ B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD:
<br />Truslor acknowledges Mal humor is about to sSeOule Me fallowing Deed of Trust upon the Property. Trustor, and each of them
<br />0 more man one, hereby waives Truelor's right to designers a homestead on said reel Metals. Truslor understands that Truslor has
<br />right to make a designation of homestead and that by executing this waiver, Trusted is waiving rights olherwiee available for me
<br />purpose of encoding 0xm Me opportunity to istain Trusters homestead In the event of a tlefaull upon me Deed of Trust
<br />D C. DESIGNATION OF HOMESTEAD:
<br />Pursuant to the Farm Homestead Protection Act (Section 76-1901 al aq, Revised Stalulas f the Stale of Nebraska), Trustor
<br />hereby designates Me reel eels described In the "Designali0n Homestead" anachad her o a Incorporated herein by this
<br />rsisnnce,
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<br />"'vLld'- �L[
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<br />rats for o art Ir Brummun Trust I F. rummun ruator- Larrr- L BrummurdL
<br />��-Gai
<br />c �. uu4d Ccannu.�1 L -' fin,
<br />rus tor- u r rummun Trustor- e r mr _ Kathy M Brummund
<br />AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES
<br />THIS DEED OF TRUST.IS made as of the 3rd day of January 0
<br />�_0 .%by and among
<br />tor,Robert E Brummund & Audrey M Brummund, Gail E Brmmund & Debbra
<br />he Trw u
<br />D
<br />Whaesmalllnp edtlreu la -103.w 8 Road, Doniphan NE 6883 ;srein'Truator''. whether one or morel.
<br />Me Truetn, Earl D. Ahlschwede, Attorney at Law
<br />Whose malling address le Norwest Building, Grand Island, NE
<br />n 'Trunee "l. and
<br />Ms Beneficiary. Equitable Federal Savings Bank Iheni
<br />whose mailing address is 113 -115 North Locust, Grand island, NE 68802 -0160
<br />(herein "Lender').
<br />FOR VALUABLE CONSIDERATION, Including Lenders extenelo t of credit ideyntified herein to Robert E & Audrey
<br />Brummund, Gail E & Debbra D BrWenin"Sooirowoiwhether one or�more and M Bros— therm�n�ed.
<br />Me recnlpl of which Is hereby aeknoWletiged. Truslor hereby Irrevocably grants, uenefers, conveys and assigns to Trustee. IN
<br />TRUST, WITH POWER OF SALE, forms benentand Security of Lander, under and abject to the terms antl conditions hereinafter tit
<br />form. Me real propeM, described as follows:
<br />THE SOUTHWEST QUARTER (SW 1/4) OF SECTION TWENTY -SIX (26), TOWNSHIP
<br />TEN (10), NORTH, RANGE NINE (9), WEST OF THE 6TH P.M., IN HALL
<br />COUNTY, NEBRASKA.
<br />Together WIN, all buildings. improvements, fi dura, neste, alloys, passageway,, aliments, rIghm privileges and aPpurte-
<br />nances located thereon or In onywla penalnlrp thereto, and the ante, Issues end profits, reversions and remainder. thereoh and
<br />such Personal property Met le attached to the improvements ao as to oenstlude a fixture. Including, but not limited lo, heating and
<br />cooling equipment and together with Me homealesd ormerW Interns llany, which Interests are hereby released and waived : all
<br />of which, Including replacement, bed sddifions Merelo, Is hereby declared to be • pan of Me rest state secured by the lien of this
<br />Deed of Trust and all of the foregoing being reined to herein as the "Property".
<br />This Deed of TWO shell secure pl Me payment of Me principal sum and Inter"I evidenced by a promissory nota or Credit
<br />sgreament deed JANUARY 3, 2002 , having a maturfiy date of MAY 1, 2017
<br />Max wglrul pdnGpai amount d s 215 .000.00 , and any and an modification, extension@ and renewals
<br />thereof or thereby end any end all future .dances and ratlonca to Borrower for any of mom If more Man one) hereunder
<br />pumusni W one or Mors promissory noun or creda agreemnta Mersin Called "Noi to) ax Peymnl of other wma wvencad by
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