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N �.r N CD —_ -"A-MM NE (01- 28-05) IP P M� n n rPa C nn � N Position 5 UNITED STATES DEPARTMENT OF AGRICULTURE Farm Service Agency PREFACE TO TRUST DEED U) a---i C � rn M a [TJ r— mr:a t� U) a Cn M 20050`704 ®A. DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD: Trustor acknowledges that Trustor is about to execute '0 the following Trust Deed upon the real estate. Trustor and each of them if more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of the Trustor's homestead is presently situated upon said real estate. Trustor understands that if Trustor establishes a homestead on any part of said real estate during the time the Trust Deed remains unsatisfied and a lien upon said real estate, there shall be no right to make a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Trust Deed. 17 B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD: Trustor acknowledges that Trustor is about to execute the following Trust Deed upon the real estate. Trustor and each of them if more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor has the right to make a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the purpose of affording them the opportunity to retain Trustor's homestead in the event of a default upon the Trust Deed. fie Trustor r r Trustor Trustor Double t rs p D cy ppaj, i a T ;ac partne ti Trustor r� Gf/ Trustor G,i f / Trustor Double artners an ppo , W Happold in ivi ua to ppol partner CD rV Cll rV --7 REAL ESTATE TRUST DEED FOR NEBRASKA THIS TRUST DEED ( "instrument ") is made on PARTNERSHIP March 28th , 2005 . The trustor is DOUBLE H ( "Borrower ") whose mailing address is 449 W BINFIELD ROAD - DONIPHAN, NE 68832 The trustee is the United States of America, acting through the Farm Service Agency, United States Department of Agriculture ( "Trustee "). The beneficiary is the United States of America, acting through the Farm Service Agency, United States Department of Agriculture ( "Government ") located at 7131 A Street, Lincoln, NE 68510 -4202. This instrument secures the following promissory notes, assumption agreements, and/or shared appreciation agreements (collectively called "note ") which have been executed or assumed by Borrower unless otherwise noted, are payable to the Government, and authorize acceleration of the entire debt upon any default: Annual Rate Due Date of Final Date of Instrument Principal Amount of Interest Installment March 28, 2005 $200,000 5.0% March 28, 2045 (The interest rate for any limited resource farm ownership or limited resource operating loans secured by this instrument may be increased as provided in Government regulations and the note.) ivy Initial date �a ;)((�� FSA 1927 -1 NE (01- 28 -05) Page 1 of 7 C C7 1 r Position 5 UNITED STATES DEPARTMENT OF AGRICULTURE Farm Service Agency PREFACE TO TRUST DEED U) a---i C � rn M a [TJ r— mr:a t� U) a Cn M 20050`704 ®A. DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD: Trustor acknowledges that Trustor is about to execute '0 the following Trust Deed upon the real estate. Trustor and each of them if more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of the Trustor's homestead is presently situated upon said real estate. Trustor understands that if Trustor establishes a homestead on any part of said real estate during the time the Trust Deed remains unsatisfied and a lien upon said real estate, there shall be no right to make a designation of homestead in the event of a foreclosure or trustee's sale with respect to said Trust Deed. 17 B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD: Trustor acknowledges that Trustor is about to execute the following Trust Deed upon the real estate. Trustor and each of them if more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor has the right to make a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the purpose of affording them the opportunity to retain Trustor's homestead in the event of a default upon the Trust Deed. fie Trustor r r Trustor Trustor Double t rs p D cy ppaj, i a T ;ac partne ti Trustor r� Gf/ Trustor G,i f / Trustor Double artners an ppo , W Happold in ivi ua to ppol partner CD rV Cll rV --7 REAL ESTATE TRUST DEED FOR NEBRASKA THIS TRUST DEED ( "instrument ") is made on PARTNERSHIP March 28th , 2005 . The trustor is DOUBLE H ( "Borrower ") whose mailing address is 449 W BINFIELD ROAD - DONIPHAN, NE 68832 The trustee is the United States of America, acting through the Farm Service Agency, United States Department of Agriculture ( "Trustee "). The beneficiary is the United States of America, acting through the Farm Service Agency, United States Department of Agriculture ( "Government ") located at 7131 A Street, Lincoln, NE 68510 -4202. This instrument secures the following promissory notes, assumption agreements, and/or shared appreciation agreements (collectively called "note ") which have been executed or assumed by Borrower unless otherwise noted, are payable to the Government, and authorize acceleration of the entire debt upon any default: Annual Rate Due Date of Final Date of Instrument Principal Amount of Interest Installment March 28, 2005 $200,000 5.0% March 28, 2045 (The interest rate for any limited resource farm ownership or limited resource operating loans secured by this instrument may be increased as provided in Government regulations and the note.) ivy Initial date �a ;)((�� FSA 1927 -1 NE (01- 28 -05) Page 1 of 7