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<br />f:t "<~', L', ~ ~.. <br /> <br />88_102407 <br /> <br />r,'~,% <br /> <br />N,ln"" _ - <br />tior:ll","l_ <br />CmlI",.._ <br /> <br />~11r.fl\1RWf.!l <br /> <br />03574 <br />RECORDED <br /> <br />Ro\l gg/ Ib.q(S 3574 -0111.1 3575 <br />'88 MAY 10 A9 :04 <br /> <br />PREFACE TO MORTGAGE UNDER <br />FARM HOMESTEAD PROTECTION ACT <br />1J, _. - - vL.JaA<'~T.4........J <br />DISCLAIMER and WAIVER "~GIST[R uF DEEDS <br />BUFF"!)) r.mJ)f~'Y.HE. <br /> <br />In accordance with the provisions of the Nebraska Farm Homestead <br />Protection act, the undersigned, LLOYD GOODWIN. an unmarried man, 'c"lC <br />FLOYD GOODWIN. an unmarried man. as ioint tenants and not as tenan.. <br />~n, prior to executing the attached Mortgage dated kDril <br />, 1988, by and between the undersigned and THE STATE BANK OF <br />CAIRO, a Nebraska BankinJl: Corporation, (hereinafter referred to as <br />"Mortgage") hereby state and acknowledge: <br /> <br /> <br />DISCLAIMER <br /> <br />1. That no part of the homestead of the undersigned is presently, or <br />in the future will be, situated on the following described real <br />estate, ( hereafter Parcell) nor are there any buildings sufficient to <br />be designated as a homestead, presentl:r located upon said Parcell: <br /> <br />The West Half of the Northeast Quarter (W1/2NE1/4) and the <br />East Half of the Northwest Quarter (E1/2NWl/4) all in <br />Section 25. Township 12 North, Range 13, West of the <br />6th P.M,. Buffalo County, Nebras~ <br /> <br />2. The undersigned acknowledge that while the Mortgage remains <br />unsatisfied and a lien on said Parcell, they shall have no right <br />presently or in the future to make a designation of homestead on <br />Parcell, including without limitation, in the event of a foreclosure <br />under the mortgage. <br /> <br />3. The undersigned acknowledge that if, contrary to this Disclaimer, <br />they establish a homestead on said Parcel 1 during the time the <br />Mortgage remains unsatisfied and a lien upon Parcell, they shall have <br />no right to make a designation of homestead in the event of a <br />foreclosure under the Mortgage. <br /> <br />4. The undersigned state that this acknowledgment is their knowing <br />and voluntary oct and deed and constitutes a written disclaimer and <br />acknowledgment under the Nebraska Farm Homestead protection Act and <br />the undersigned do hereby disclaim any right to designate a hcmest.ead <br />in the event of default upon such Mortgage or in the event of a <br />foreclosure under the Mortg8ge, <br /> <br />5. The undersigned further understand and agree that this <br />acknowledgment and Disclaimer shall be filed as a Preface to and <br />become a part of the Mortgage. <br /> <br />WAIVER <br /> <br />1. The undersigned states, warrants and represents that theil' <br />dwelling house and other buildings subject to a homestead are <br />presently located upon the following described t'eal estate (hereafter <br />t'efcrJ'ed to a "Parcel 2") <br /> <br />The Southwest Quarter (SW1/4) of Section 20, in Township 12 North, <br />Range 12. West of the 6th P.M" Hall County, Nebrasktt, <br /> <br />2. The undersigned acknowledges that they has a right to make a <br />designation of homestead in the Mortgage for the purpose of affording <br />the oppartunity to retain their homestead in the event of default Bnd <br />foreclosure under the Mortgage. <br /> <br />::#:- 1f/3 <br /> <br />ID~ f(ud., <br />)t,a;t.t.., ./xJ.rU[ <br />PDI.- 42% <br />{lai.;Jr -ILL. <br />, <br /> <br />. <br /> <br />tflf (}~ <br /> <br />6>!'f.;J Y <br />