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<br />Eighth Farm Credit Dlltrlct
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<br />88-
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<br />I'lj'ao 5011 (5:07)
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<br />ACKNOWLEDGMENT
<br />The undersigned Trustor(s) hereby acknowledges end understands that (a) the security document belew to be exenuted Is a Trust
<br />Deed. and not a mortgage and (b) the power of sale providad lor in the Trust Deed provides substanllally different rights and obligations
<br />to the Trustor(s) than a mortgaga In tho event 01 a delault or breach 01 obligation. The Trustor(s) lurther represents and agrees that this
<br />certlllcatlon has beIln reld and execuled In connecllon with, but prior to. the Trustors' execullon 01 the following Trust Deed.
<br />Datedthls23rd dayol Mav .19~,
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<br />E StGNED PRIOR TO EXECUTION OF DEED OF TRUST.
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<br />DEED AND ASSIGNMENT OF RENTS
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<br />This Trust Deed and Assignment of Renta relerred to In the above acknowledgment Is mede this
<br />of May , t9 ~, by and among Bernice J. Niedfel t, unmarried
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<br />23rd
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<br />"Trustor(s)". whose mailing address Is Route 1. Box 169A. Doniphan. NE 6BB32 and
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<br />The Federal Land Bank of Omaha "Trustee," whose mailing address Is
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<br />206 South 19th Street, Omaha, NE 6B102 ,and the The Federal Land Bank of 'Omaha .
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<br />"Beneficiary", whose mailing address Is 206 South 19th Street. Omaha, Nebreska 68102, In consideration 01 the edvance by Beneficiary to
<br />Trustorls) 01 the principal sum specilled below, the receipt 01 which Is hereby acknowledged, and any future, additional orprotecllve advences
<br />made to or on behaJl of Trustor(s) at Benellclary's option, Trustor(s) Irrevocably transfers. conveys and assigns to Trus:ee, IN TRUST. WITH
<br />POWER OF SALE. lor Ihe benelttand security of Benellciary, Its successors and assigns, under and subject to the terms and conditionsol this
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<br />Hall
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<br />Trust Deed, the real property. located In the County 01
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<br />. State of Nebraske, and described as lollows:
<br />~ Twp. ~
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<br />E~SEt ______________________________________________________-- 14
<br />E~NWt and W!NEt ---------------------------------------------- 34
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<br />10N
<br />lON
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<br />9W 6th P.M.
<br />9W 6th P.M.
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<br />Together with all center pivots, wells, pumps, motors
<br />and equipment located on and used to irribate auiu
<br />premises. and any additions to or replacements thereol,
<br />which items are declared to be a part of the aeedeu
<br />premises and appurtenant to said real estate.
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<br />togathar with all Trustor(s) right, titla and Interast In said property, now or heraalter acquired, Including all buildings, IIxtLlres, crops and
<br />improvements now on or hareafter placed upon Bid real property; Including also all appurtenances, water, Irrigation, and drainaga rights; and
<br />all rentl, 'Isuea, uses, Income, profits, and rlghll to possession; all 011, gas, gravel, rock or othar minerals of whatever nature, Including
<br />geotherml' rnourcee; Ind III personal property thlt may Int8llrally belong to or he,ealter become an integral part 01 said real estate whether
<br />attached or detached, Includillll any appurtlnances and accoutrements of any residence secured hereby, and ell above and below ground
<br />Irrigation equipment Ind acceelorlel, and alll"88S, permltl, IIcanleS or privileges, appurtenant or nonlppurtenant to said premises, now or
<br />her"lter Illued, extended or renewed byTrultor(s), any State, the United States or any department. bureau, Instrumentality or agency thereof.
<br />All of which Ie hereunder collectively referred to al tha "Trust Estate,"
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<br />1111 ulldenta a d end -oreed lie'-" Touetor(l) endllenellclery \hat \tile Trult Deedll Illven to HCUre:
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<br />(I) A promluory nota or notea together with Interest thereon executed by Trustor(s) 10 Benellclary and described as rollows:
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<br />Date at Note
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<br />PrInc1pe1 Amount
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<br />Dele 01 Note
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<br />I'rtnclpel ~nt
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<br />5-23-88
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<br />$84,400,00
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<br />paylblO eccordlng to the tarml 01 said note(s).
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<br />,(b) And the replyment In lull by Trustor(s) olany and sllluture end Ldditlonaladvances which may be made by Beneficiary, at its option, at
<br />the requ8lt 01, Ind to or lor the account 01 Truslor(s). or any 01 them, lor any pUrpolll. plus Interest on all such advances, under any nOle(st or
<br />other lnatrument(s) taken In rellnlnclng, extending, renewing, reamortlzlng or restructuring such Indebtadna... or any partthereol, all
<br />payable acc:ordlngto thatenn. of said notel.) or other Instrumenl(s}; prOvldedbhOWeVer, thaI the total princlpallndob'edness outst~nding
<br />and lKured "Ire\ly I' Iny one lime Ihlll not exceed the.urn 01 ~~GHTY-F UR THOUSAND FOUR HUNDRED AND NOL).OO--
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<br />______________________________________________________--t>OLLARS ($ 84,400.00 po,),
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<br />..chnlve ollnlerel'lnd 01 the p,otecliveadvancea euthorlJ:ed herein or In thelOlln .groementls): provided. further, thaI THIS PARAGRAPH
<br />'; SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br />___T+_._Ym~I!:Wi.'OBliQJ_II:fILLQIAL,ffilttCIPALIND.f.ln.E.QNE.Ss.Ae.Q.'iUlA5.m;EtI.A~.EO~_.__,-
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