Laserfiche WebLink
<br />FORM OF NEBRASKA TRUST DEED <br /> <br />TRUSTOR'S WRITTEN ACKNOWLEDGMENT <br />(Wllver of Home_ad) <br /> <br />88-104253 <br /> <br />The undersigned represent and warrant es true esch of the following statementa with regard to the attached Deed of Trust <br /> <br />1. We acknowledge thet we did read, sign and execute this Written Acknowledgment before we signed the Deed of Trust <br /> <br />2, We understand, and underatood before signing said Deed of Trua~ and acknowledged that the Deed of Trust Is a trust deed and not a <br />mortgage under the policy provided for In the Deed of Trust provides substantially different rights and obligations to us than a mortgage In the <br />avent of default or breach of Obligation under said Deed of Trust <br /> <br />3. We understand and BQknowledge that In the event 01 the default or breach of obligation by us, tha Deed of Trust allows the Beneficiary <br />the right to have the trust property lID.d by the trustee without any Judicial proceedings or foreclosure. <br /> <br />4. We represent and warrant that this written acknowledgment was written and executed by us before the execullon 01 the Trust Deed. <br /> <br />5. We underatand and acknowledge that we have the right to make a deslgnallon 01 homestead In the Deed 01 Trust and we heraby waive <br />Buch right <br /> <br />6, For lID long as the Deed of Trust remaIns unsallsfled and a lien upon the real estate, each 01 us waives any right under the Nebraska <br />Farm Homesteed Protection Act to make a daslgnatlon of homestead. <br /> <br />7, We understand and aCknowledge thet our eXBeul/on of this Written Acknowledgment constitutes the waiver of rights otherwise evail- <br />able for the purpose of affording u!! the opportunity to retain our homestead In the event 01 a default upon the Daad 01 Trust <br /> <br />This Written Acknowledgment Is a prelace to and Is flied lor record with and Is a part of Iha attached Deed 01 Trust <br /> <br />. TRUSTOR <br /> <br />, TRUSTOR <br /> <br />, TRUSTOR <br /> <br />. TRUSTOR <br /> <br />STATE OF NEBRASKA) <br />) ss: <br />. COUNTY OF_) <br /> <br />The foregoing Written Acknowledgment was subscribed and sworn to and acknowledged bel ore me on <br /> <br />,19 _ <br /> <br />by <br /> <br />Nolary Public <br /> <br />My commlsalon expires: <br /> <br />TRUSTOR'S DISCLAIMER AND ACKNOWLEDGMENT <br /> <br />The undersigned represent and warrant as true each 01 the following statements with regard to the attached Deed 01 Trust: <br /> <br />1. We aCknowledge that we did read, sign and execute this Disclaimer and Acknowledgment belore we slgnad the Deed 01 Trust <br /> <br />2. We understand and acknowledge Ihat the Deed of Trust Is a trust deed and not a mortgage and that Ihe power 01 sale provided for In <br />the Deed of Trust provides substanllally different rights and obllgal/ons to us than a mortgage In the event of a delault or breach 01 obligation <br /> <br />3. We undertstand and acknowledge that In the evenl of a default or breach 01 obllgallon by us, the Deed 01 Trust allows the Beneficiary <br />the right to have the trust property sold by the trustee without any Judicial proceeding or foreclosure. <br /> <br />4. No part of our homestead Is presenl/y or In the luture will be situated upon the real estate described In the Deed of Trust <br /> <br />5. We underatand that II IIny of us establish a homestaad on part 01 tha real estate during Ihe lime the Deed of Trust remains unsatisfied <br />and a lien upon the real estate, there shall be no righl 10 make a dealgnallon 01 homestead In the evenl 01 a loreclosure or trustee's sale upon <br />the Deed 01 Trust <br />e. For lID long as the Deed of TrUst remains unsallslled and a lien upon tha real estate, each 01 us disclaims any right under the Nebraska <br />Farm Homestead Prolecllon Act to make a deslgnallon 01 homeslead. <br /> <br />Thla disclaimer and acknowledgment Is a preface to and Is lIIed lor record with and ss a part of Ihe attached Deed 01 Trust <br /> <br />f.'4bd~af&/ / <br /> <br />Eli eth L. Baxter <br /> <br />, TRUSTOR <br /> <br /> <br />, TRUSTOR <br /> <br />, TRUSTOR <br /> <br />,TRUSTOR <br /> <br />STATE OF NEBRASKA) <br />I sa: <br />COUNTY OF _) <br />