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<br />
<br />March 1, 2007
<br />
<br />HOMESTEAD DESIGNATION DISCLAIMER
<br />
<br />\.. -..'
<br />
<br />;< S. 50
<br />
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb.
<br />Rev. Stat. Sections 76-1901, et seq., as a preface to the execution, and as a part of the following
<br />Deed of Trust, the undersigned Trustor being first duly sworn, elect to Disclaim the Right to
<br />Designate a Homestead.
<br />
<br />We disclaim the right to designate a homestead on the property described in the following
<br />Deed of Trust. No part of our homestead is presently, or in the future will be, situated upon said
<br />real estate. We understand that if we establish a homestead on any part of the real estate during
<br />the time the Deed of Trust remains unsatisfied and a lien on the real estate, we shall have no right
<br />to make a designation of homestead in the event of a Trustee's sale or a foreclosure sale.
<br />
<br />~EM'E~K"~ ....;k
<br />
<br />~cj 6tPAr~;>_
<br />ASHLEY GEWECKE
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is made as of this 1 st day of March, 2007, by and among
<br />JEREMY GEWECKE and ASHLEY GEWECKE, husband and wife, ("TRUSTOR") whether
<br />one or more, whose mailing address is 8584 W. US Highway 30, Wood River,NE 68883;
<br />
<br />and DUANE A. BURNS, a member of the Nebraska State Bar Association ("TRUSTEE"),
<br />whose mailing address is P.O. Box 2300, Grand Island, Nebraska 68802;
<br />
<br />and RICHARD W. WEBSTER and MARILYN D. WEBSTER, husband and wife, as joint
<br />tenants, ("BENEFICIARIES"), whose mailing address is 3307 Schroeder Avenue, Grand
<br />Island, Nebraska 68803.
<br />
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys, and
<br />assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiaries, under and subject to the terms and conditions of this Deed of Trust, the real
<br />property located in the County of Hall, State of Nebraska, and legally described as follows:
<br />(the "Property"):
<br />
<br />A tract of land comprising a part of the Northwest Quarter (NW1 4), and a part of the West Half of the
<br />Northeast Quarter (W1/2 NE1/4) of Section Twelve (12), Township Ten (10) North, Range Eleven (11) West
<br />of the 6th P. M., Hall County, Nebraska, lying north of the northerly right of way line of the Union Pacific
<br />Railroad, said northerly railroad right of way line also being the northerly rig ht of way line U. S. Highway
<br />No. 30, said tract being more particularly described as follows: Beginning at a point on the east line of
<br />said West Half of the Northeast Quarter (W1 /2 NE 1 /4), said point being Five Hundred Fifteen and
<br />Twenty Two Hundredths (515.22) feet south of the northeast corner of said West Half of the
<br />Northeast Quarter (W1/2 NE1/4); thence SOO'1z'13"W, along and upon the east line of said West Half
<br />of the Northeast Quarter (W1 /2 NE1/4), a distance ofThree Hundred Sixty Two and Seventy Eight
<br />Hundredths (362.78) feet to a point on said northerly railroad and highway right of way line; thence
<br />S59'1 0' 1 o"W, along and upon said northerly railroad and highway right of way line, a distance of Two
<br />Thousand Five Hundred Eighteen and Sixty Four Hundredths (2,518.64) feet to the southeast corner
<br />of RMW Subdivision, Hall County, Nebraska; thence N28'06'55"W along and upon on easterly line of
<br />said RMW Subdivision, a distance of One Hundred Fifty Eight and Twenty Seven Hundredths
<br />(158.27)feet; thence running northerly, along and upon the arc of a curve to the right whose radius is
<br />68.99 feet, said curve also being an easterly line of said RMW Subdivision, a distance of Thirty
<br />Three and Thirty One Hundredths (33.31) feet (long chord distance:: 32.98', long chord bearing ::
<br />N02'31'29"W); thence N13'36'25"E, along and upon an easterly line of said RMW Subdivision, a
<br />distance of Ninety Two and Seventy Two Hundredths (92.72) feet; thence running northerly, along
<br />and upon the arc of a curve to the left whose radius is 299.18 feet, said curve also being an easterly
<br />line of said RMW Subdivision, a distance of Two Hundred Thirty and Nine Tenths (230.90) feet (long
<br />chord distance:: 225.21'. long chord bearing:: N11 '11'14"W); thence N17'49'3iW, along and upon an
<br />
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