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<br />Do not wrlteltype above this line. For filing purposes only.
<br />
<br />FORM 5011 (10-2005)
<br />/O,S-()
<br />
<br />RETURN TO Farm Credit Services of America, PO Box 5080 Schulte, Katherine S
<br />PREPARER: Grand Island, NE 68802 (308) 384-0557
<br />HOMESTEAD DESIGNATION DISCLAIMER
<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 />INJe 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. INJe
<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 />
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<br />Farm Credit Services of America
<br />
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />
<br />Trustor(s):
<br />Leland L Saathoff, A1K1A Leland Lee Saathoff and Marian J Saathoff, husband and wife
<br />Dan L Saathoff, A1K1A Daniel L Saathoff and Renee D Saathoff, husband and wife
<br />Douglas L Saathoff and Gail Saathoff, husband and wife
<br />
<br />Mailing Address:
<br />904 N 6th Ave
<br />Hastings NE 68901-4119
<br />
<br />This Trust Deed and Assignment of Rents is made November 21. 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. FLCA, "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 />NE1/4 of Section 32, Township 9 North, Range 9 West of the 6th P.M., Hall County, Nebraska,
<br />excepting the Right of Way of the Hastings and Grand Island Railroad Company and excepting a
<br />certain tract more particularly described as Lot 1, Poverty Flats Subdivision, Hall County, Nebraska, as
<br />shown on the plat recorded as Document No. 200107572.
<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 />
<br />App #: 90010; CIF #: 38739; Note #: 204
<br />FORM 5011, Trust Deed and Assignment of Rents
<br />
<br />22050
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<br />Legal Doc, Date: November 21, 2006
<br />Page 1
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