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<br />88-100987 FCB05011 (4-87)
<br />.... __f'~9.e_!_~!_._~____.->_.._
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<br />ACKNOWLEDGMENT
<br />The undersigned Trustor(s) hereby aCKnowledges and understands that (a) the security document below to be executed is a Trust
<br />Deed, and not a mortgage and (b) the power of sale provided for in the Trust Deed provides substantially different rights and obligations
<br />to the Trustor(s) than a mortgage in the event of a default or breach of obligation. The Trustor(s) further represents and agrees that this
<br />certification has been read and executed in connection with, but prror to, the Trustors' execution of the following Trust Deed.
<br />r.
<br />Date#d~isl~t day,6f~ .Marc..l~1 .. .19 ~;.l:-'./L:
<br />/r~ YM_ y '<L-f !~~ /2 y- J '1 A: ,/../..~ .hd...l.1- '--'- c
<br />(~~yrnon _ V" 'k~~ A e1:1ne R: Houdek
<br />~-J.l (.. lJ7j- :;, /~~._.J_,JZ_/ ,~)
<br />L Roy ~. HOudek '
<br />THIS ACKNOWLEDGMENT MUST BE SIGNED PRIOR TO EXECUTION OF DEED OF TRUST.
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<br />TRUST DEED AND ASSIGNMENT OF RENTS
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<br />This Trust Deed and Assignment of Rents referred to in the above acknowledgment is made this 1st day ,
<br />
<br />of March ,19~, by and among Raymond V.. Houdek and Adeline R. H9upek,
<br />hU9bQnd and wifeb Donald J. Houdek and Cindy L. HoudekJ husband/pnd wife; and LeRoy J Houqek
<br />(aLkLa LeRoy Houaek ana as Lerov Houaekl ant! Penny R. liou~els. la_kLa Penny HOlldf'kl r hllsh;nci I
<br />and wife I
<br />"Trustor(s)", whose mailing address is Route 1, BGX 69, Chapman, NE 68827 and I
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<br />The Federal Land Bank of Omaha "Trustee," whose mailing address is i
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<br />206 South 19th Street, Omaha. NE 68102 ,and the The Federal Land Bank of Omaha
<br />"Beneficiary", whose mailing address Is 206 South 19th Street, Omaha, Nebraska 66102, in consideration of the advance by BeneflcialY to
<br />Trustor(s) of the principal sum specified below, the receipt of which Is hereby acknowledged, and any future, additional or protective advances
<br />made to or on behalf of Trustor(s) at Beneficiary's option, Trustor(s) irrevocably transfers, conveys end assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subjectto the terms and conditions ofthis
<br />
<br />Trust Deed. the real property, located in the County of Merr ick . State of Nebraska. and described as follows:
<br />
<br />!!:. .!!!E: ..!!i;
<br />N~S\'J!N\~.l; S\.,.lSW!NW!; and N\1!S\~! ---------------------------- 15 12N m" 6th P.M.
<br />
<br />NE!SE! ----------------------------------------------------- 16
<br />
<br />12N
<br />
<br />8\"1 6th P.M.
<br />
<br />and the real property located in the County of
<br />described as follows:
<br />
<br />Hall
<br />
<br />, State of Nebraska, and
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<br />SEa ----------------------.---------------------------------- 14
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<br />12N
<br />
<br />llVJ 6th P.M.
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<br />Together with all center pivots, wells, pumps, motors
<br />and equipment located on and used to irrigate said
<br />premises, and any additions to or replacements thereof,
<br />which items are declared to be a part of the deeded
<br />premises and appurtenant to said real estate.
<br />
<br />STATE OF NEBRASKA
<br />
<br />)
<br />) so.
<br />)
<br />
<br />Hall
<br />
<br />COUNTY OF
<br />,
<br />I On this 29thlay of
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<br />;I Cindy L. Houdek,
<br />to me know
<br />that she
<br />
<br />February
<br />
<br />, A,D., 19 ~, before me. a Notary Public, personally appeared
<br />
<br />wife of Donald J. Houdek
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<br />in and who executed the foregoi!19. Acknowledgment and Trust Deed, and aCknowledgad
<br />voluntary act and ~. .
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<br />, c-cr. 7 r /! ~. _~-
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<br />Ron~ldi.j-;;~~~ : ~ ," ,
<br />
<br />(Type or print nsme under signsture)
<br />Notary Public In and for said County and State
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<br />together with all Trustor(s) right, title and interest in said property, now or hereafter acquired, including all buildings. fixtures, crops snd '
<br />i1nprovaments nowon or hereafter placed upon said real property; including also all appurtanancas, water, irrigation. and drainage rights: and
<br />all rents, issues, uses, income, profits. and rights to possession: all oil, gal, gravel. rock or other minerals of whatever nsture, including
<br />geothttrmal resourcea: and all personal property that may integrally belong to or hereafter become an integral part of said real estate whether
<br />attached or detached, including any appurtenances and accoutrements of any residence secured hereby, and all above and beiow ground
<br />irrigation equipment and accessories, and allleasea, permits, licenses or privileges, appurtenant or nonappurtenant to said premises, now or
<br />hereafter IMued, extenda>d or renewed by Trustor(s), any State, the United States or any departmant, bureau, instrumentality or agency thereof.
<br />All of which Is hereunder collectively refftmJd to as the "Trust Estate."
<br />
<br />(SEAL)
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<br />
<br />My commission expires
<br />
<br />Nov. 11. 1990
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<br />It .. undentoocIlIftd IIlIroed '*- TiUlItor(s) and a-t!cIary that tit.. Truat Deed Is glnn to HCUre:
<br />(a) A promissory note or notes together with interest thelllOn executed by Trustor(s) to Beneficiary and described as follows:
<br />
<br />Date of Not.
<br />
<br />3-1-88
<br />
<br />Prfnclpel Amount
<br />$130,700.00
<br />
<br />Date of Not.
<br />
<br />Prfnel_ Amount
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<br />L
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<br />payable according to the terms of said note(s).
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<br />(b) And the repayment in full by Truslo;(s) of any snd all future and additional advances which may be made by Beneficiary, at its option, at
<br />the request of, andto or forthe account of Truslor(s), or any ofthem. for any purpose, plus interest on all such advances. under any note(s) or
<br />other Instrument(s) taken in refinancing, extending, renewing, reamortlzing or restructUring such indabtedness or any part thereof, all
<br />payable according to the term, of said note(a) or other inatrument(s); provided. hOwever, that the totsl principal indebtadness outstanding
<br />and secured hereby at anyone time shall not exceed tho sum of ONE HUNDRED THT RTY THOUSAND SEVEN HlINnRED AND
<br />
<br />NO/100------------------------------.---------n----------oOLLARS ($130,700.00 ).
<br />exclusive of InterestBnd of tha protective advsnces authorized herein or in the loan agreement('): provided. further. that THIS PARAGRAPH
<br />SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br />WHETHER OR NOT THE TOTAL PRINCIPAL iNDEBTEDNESS ABOVE HAS BEEN ADVANCED
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