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" 88- 102644 PREFACE TO DEED OF TRUST (Waiver) The undersigned Trustors, being the same Trustors about to execute the Deed of Trust, of which this Preface is a part in respect to that real estate described as: A tract of land comprising a part of the Northeast Quarter (NEi) of Section Eight (8), Township Twelve (l2) North, Ranae Nine (9) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows: First, to ascertain the point of beginning, start at the southeast corner of said Northeast Quarter (NEi); thence northerly along and upon the east line of said Northeast Quarter (NEi), a distance of Two Hundred Sixty-One (261.0) feet: thence westerly, parallel with the south line of said Northeast Quarter (NE1), a distance of Thirty-Nine and Nineteen Hundreths (39.19) feet to a point on the westerly right of way line of U. S. Highway No. 281 and being the ACTUAL point of beginning; thence continuing westerly along the last described course a distance of Five Hundred Four and Seventeen Hundredths (504.l7) feet: thence northerly, parallel with the east line of said Northeast Quarter (NE!), a distance of One Thousand Thirty and Four Hundredths (1,030.04) feet: thence easterly, parallel with the north line of said Northeast Quarter (NEi), a distance of Five Hundred Three and Ninety-One Hundredths (503.91) feet to a point on the westerly right-of-way line of U. S. Highway No. 281: said point being Thirty- Nine and Fifty-Five Hundredths (39.55) feet west of the east line of said Northeast Quarter (NEU: thence southerly along and upon said right of way line a distance of One Thousand Twenty-Four and Eighty-One Hundredths (1,024.81) feet to the ACTUAL point of beginning and containing 11.887 acres, more or less, hereby acknowledges: TRUSTORS UNDERSTAND THAT SUCH TRUSTORS HAVE THE RIGHT TO MAKE A DESIGNATION OF HOMESTEAD IN THE DEED OF TRUST BUT HEREBY WAIVE THE SAME, UNDERSTANDING THAT THE EXECUTION OF THIS WAIVER CONSTITUTES THE WAIVER OF RIGHTS AVAILABLE FOR THE PURPOSE OF AFFORDING THE TRUSTORS THE OPPORTUNITY TO RETAIN HIS OR HER HOMESTEAD IN THE EVENT OF A DEFAULT UPON SUCH DEED OF TRHST. .;tT Acknowledged this ~I day of May, 1988. <;(~rJ6Qdf 9~~~ Ronald L. R~charas ~~ 111 iI;J~ L~sa M. R~chards STATE OF NEBRASKA ss: COUNTY OF HALL Before me, a Notary Public qualified in said County, personally came Ronald L. Richards and Lisa M. Richards, husband and wife, )mown to me to be the identical persons whose names are affixed to the foregoing instrument, and they acknowledged the execution thereof to be their voluntary act and deed. Witness my hand J:faUW. .nm.SWt " IIIUb IIIUCI L ~ "...~.7. - n ...r and Notarial Seal on May~, 1988. -.------ /::-....,../ ~) .-----~- Not'ary PubllC " ,// /~' ./ ~~d'~'~