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<br />Eighth Farm Credit District
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<br />I'Cao5oH (5:81,.-
<br />Page 1 01 2
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<br />ACKNOWLEDGMENT
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<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 boon read and executed in connection with, but prIor to, the Trustors' execution of the following Trust Deed.
<br />
<br />~at this 26th:1ayof ril .19~. f} ~,
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<br />(' \..2c~/--A.'\ K W JLC\...~
<br />
<br />Gregg. ,2!..r;~.~__~..,._.. Patricia R. Wedberg ~
<br />
<br />HIS~ CK__~D_~ E SIGNED PRIOR TO EXECUTION OF DEED OF TRUST.
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<br />NO ASSIGNMENT OF RENTS
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<br />Rents referred to in the above acknowledgment is made this 26th day
<br />.19..BlL-,byandamong Greqg O. Wp.dhp.rg rind Pi'lrr;r.;i'l R
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<br />This Trust Deed and Assignment of
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<br />of A,pr il
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<br />Wedberg, husband and wife
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<br />'Trustor(s)", whose mailing address is 301 North Circle Drive, Doniphan, NE
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<br />The Federal Land Bank of Omaha
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<br />68832
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<br />"Trustee," whose mailing address is
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<br />206 South 19th Street, Omaha, ME 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 Beneficiary to
<br />Trustor(s) oftha 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 and assigns to Trustee. IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, its successors and assIgns, under and subject to the terms and conditions of this
<br />
<br />Hall
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<br />Trust Deed. the real property, located in the County of
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<br />, State of Nebraska, and described as follows:
<br />Sec. T~ 1!i:.
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<br />Lot Ten (10) in Bartelt Subdivision, a part of Lots Seven (7),
<br />Fifteen (15), Sixteen (16), Seventeen (17) and Eighteen (18)
<br />of County Subdivision of part of the South Half of Section
<br />Five (5), Township Nine (9) North, Range Nine (9), West of
<br />the 6th P.M., in the Village of Doniphan ---------------------- 5
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<br />9N
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<br />9W 6th P.M.
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<br />togethsr with all Trustor(s) right, title and interest in said property, now or hereafter acquired, Including all buildings, fixtures, crops and
<br />improvements nowon or hereafter placed upon said real property; including also all appurtenances, water, Irrigation, and drainage rights; and
<br />all rents, Issues, UMS, Income, profits, and rights to possession; all oil, gas, gravol, rock or other minerals of whatever nature, including
<br />geothermal resources; 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 tlscured hereby, and all above and below ground
<br />Irrigation equipment and accessories, and alllsll88s, permits, licenses or privileges, appurtenant or nonappurtenant to said premises, now or
<br />hereafter iuuecl,extended or renewed by Trustor(s) , any State, the United States oranydepllrtment, bureau, Instrumentality or agency thereof.
<br />All of which Is hel1lunder collectively l1Iferred to as the "Trust Estate."
<br />
<br />" .. .......... .......... between Tru8Ior(a) ancIlIeMfIdary "'-l thIa Trust D.-d Is ,,"" to MCUre:
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<br />(a> A promiuory note 0' notes together with interest thereon executed by Trustor(s) to Beneficiary and described as follows:
<br />
<br />IMIIt 01'"
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<br />~Amounl
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<br />Da" 0' Note
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<br />I (b) And the repayment in full by TruBtor(B) of any and all future end additional advances whIch may be made by Beneficiary, at its option. at
<br />II . the ;equest of, andto orfor the account of Truslor(s}, or any of them, for any purpose, plus Interest on all such advances, under any note(s) or
<br />I other Inatrument(B) taken In refinancing, extending, renewing, reamortizlng or restructuring such Indebtedness or any part thereof, all
<br />.' payable according to the terms 01 said note(8) or other instrument 8; rovided, however. that the total rlnClpal indebtedness outst,ndlng
<br />II and MCured hereby at anyone time shall not exceed the sum of N . H 1 R . D AND NO. 100
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<br />II. :1C:~;;;f~~~~:~;:r~~P::t~:::;v~:~::t~:~~~::;n-o~~n~~:I::;a-g~:e~~~~;I~~~O:I~e/I~~~~~t~~t~HIS PARAGPAP~
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<br />[. I SHALL NOT CONSTITUTE A COMMITMENT TO ',MKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br />--~*'i~.~._WtiU!1EB_QflliQJ_It1~_IQJ~LJ>..RING1P.AUNQfQJ.E.QNt;.s.s..AeQYf tiAS..QEENAOYANCW.._ . _ _ ~ _ _.
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<br />PrinclPllt Amount
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<br />4-26-88
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<br />$23,100.00
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<br />payable according to the terms of said note(s).
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