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For filing purposes only. <br /> <br />;:af~. <br />RETURN TO Farm Credit Services of America, PO Box 5080 Sundberg, Lynda K <br />PREPARER: Grand Island, NE 68802 (308) 384~0557 <br />HOMESTEAD DESIGNATION DISCLAIMER <br /> <br />FORM 5011 (10-2005) <br /> <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. <br />Sections 76-1901. et. seq., as a preface to the execution, and as a part of the following Trust Deed, the <br />undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate a Homestead. <br /> <br />l!We disclaim the right to designate a homestead on the property described in the following Trust Deed. <br />No part of my/our homestead is presently, or in the future will be, situated upon said real estate. I/We <br />understand that if I/we establish a homestead on any part of the real estate during the time the Trust <br />Deed remains unsatisfied and a lien on the real estate, I/we shall have no right to make a designation of <br />homestead in the event of a Trustee's sale. <br /> <br />V'~~~ / <br /> <br />William W Burdett ~ <br /> <br />~xf ~'A~ <br /> <br />Je mene S Burdett <br /> <br />Farm Credit Services of America <br /> <br />TRUST DEED AND ASSIGNMENT OF RENTS <br /> <br />Trustor(s): <br />William W Burdett and Jeanniene S Burdett, husband and wife <br /> <br />Mailing Address: <br />8066 N 130th Rd <br />Cairo NE 68824-9483 <br /> <br />This Trust Deed and Assignment of Rents is made November 10. 2006, by and among the above <br />named Trustor(s) and AgriBank, FCB, "Trustee," whosemailingaddressisPOBox64949.St. Paul, <br />Minnesota 55164-0940, and Farm Credit Services of America. PCA, "Beneficiary," whose mailing <br />address is PO Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the <br />principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably <br />transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and <br />security of Beneficiary, its successors and assigns, under and subject to the terms and conditions <br />of this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as <br />follows: <br /> <br />SE 1/4 of Section 6, Township 12N, Range 11W of the 6th P.M., Hall County, Nebraska EXCEPTING <br />three tracts of land more particularly described in attached Exhibit A. <br /> <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: <br />all buildings, fixtures, crops, and improvements now on or hereafter placed upon the property; all <br />appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, profits, and rights <br />to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal <br />resources; all personal property that may integrally belong to or hereafter become an integral part of the <br />real estate whether attached or detached, including any appurtenances and accoutrements of any <br />structure or residence secured hereby; easements and other rights and interests now or at any time <br />hereafter belonging to or in any way pertaining to the property, whether or not specifically described <br />herein; all above and below ground irrigation equipment and accessories; and all leases, permits, <br />licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued, <br />extended or renewed by Trustor(s), any State, the United States, or any department, bureau, <br />instrumentality, or agency thereof. The foregoing is collectively referred to in this document as the <br />"property." <br /> <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure <br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are) <br />liable thereon, and all future and additional loans or advances, protective or otherwise, which may be <br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties <br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon, <br /> <br />App #: 90622; elF #: 121916; Note #: 104 <br />FORM 5011, Trust Deed and Assignment of Rents <br /> <br />220LS <br /> <br />Legal Doc. Date: November 10, 2006 <br />Page 1 <br />