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<br />-- <br /> <br />88-105098 <br /> <br />PREFACE TO MORTGAGE OR TRUST DEED UNDER <br />FARM HOMESTEAD PROTECTION ACT <br /> <br />DISCLAIMER <br /> <br />In accordance with the provisionlf....2,f, tll,IL~~r}!!I~t:m <br />Homestead Protection Act, the underSigned,~~.~~~J'and <br />JIllIES D. IllJmd Jr.. :;::rle ,prior to executing the attached Mortgage or <br />Trust Dee date ~. 1&lli. ,l~ by and between the undersigned <br />and &lk of W:x:x:l River (hereinafter referred to <br />as "Mortgage or Trust Deed") hereby state and acknowledge: <br /> <br />1. That no part of the homestead of the undersigned is <br />presently or in the future will be situated on the following <br />described real estate nor are there any buildings sufficient to be <br />designated as a homestead presently located upon said real estate: <br /> <br />tie N:Irt:h Ci'e-lRlf of tie &:utJHlSt Q.m1:er (N!SEt) sIrl tie fu.rl:h Ci'e-lRlf of tie N::tt-1iHlst <br />Q.m1:er (~), All in frotim F.i.ve (5), 'lb.nship'lEn (10) N:Irt:h, ~ 'IW9lve (12) W3st of <br />tie 6th P.M., JhI.l Ccu1l<f, Nel:mska, <br /> <br />2. The undersigned acknowledge that while the Mortgage <br />or Trust Deed remains unsatisfied and a lien on said real estate <br />they shall have no right presently or in the future to make a desig- <br />nation of homestead on said real estate including without limitation, <br />in the event of a foreclosure or trustee's sale under the Mortgage <br />or Trust Deed. <br /> <br />3. The undersigned acknowledge that if, contrary to this <br />Disclaimer, they establish a homestead on said real estate during <br />the time the Mortgage or Trust Deed remains unsatisfied and a lien' <br />upon said real estate they shall have no right to make a designation <br />of homestead in the event of a foreclosure or trustee's sale under <br />the Mortgage or Trust Deed. <br /> <br />4. The undersigned state that this acknowledgment is <br />their knowing and voluntary act and deed and constitutes a written <br />disclaimer and acknowledgment under the Nebraska Farm Homestead <br />Protection Act and the undersigned do hereby disclaim any right to <br />designate a homestead in the event of a default upon such Mortgage <br />or Trust Deed or in the event of a foreclosure or trustee's sale <br />under the Mortgage or Trust Deed. <br /> <br />5. The undersigned further understand and agree that <br />this acknowledgment and Disclaimer shall be filed as a Preface to <br />and become a part of the Mortgage or Trust Deed. <br /> <br />PAGE 1 of 2 <br />