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<br />PREPARER:
<br />
<br />Do not write/type above this line. For filing purposes only.
<br />
<br />FORM 5011 (3-2007)
<br />
<br />Farm Credit Services of America, PO Box 5080 Alcorn, Echo A
<br />Grand Island, NE 68802 (308) 384~0557
<br />HOMESTEAD DESIGNATION DISCLAIMER
<br />
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat.
<br />Sections 76-1901, et. seq., as a preface to the execution, and as a part of the following Trust Deed, the
<br />undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate a Homestead.
<br />
<br />l!We disclaim the right to designate a homestead on the property described in the following Trust Deed.
<br />No part of my/our homestead is presently, or in the future will be, situated upon said real estate. l!We
<br />understand that if I/we establish a homestead on any part of the real estate during the time the Trust
<br />Deed remains unsatisfied and a lien on the real estate, I/we shall have no right to make a designation of
<br />homestead in the event of a Trustee's sale.
<br />
<br />~~4~~
<br />
<br />A Baxter
<br />
<br />~,~
<br />
<br />Farm Credit Services of America
<br />
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />
<br />Trustor(s):
<br />Bret A Baxter and Debra A Baxter, husband and wife
<br />
<br />Mailing Address:
<br />3767 S Monitor Rd
<br />Grand Island NE 68803-9639
<br />
<br />This Trust Deed and Assignment of Rents is made June 22, 2007, by and among the above named
<br />Trustor(s) and AgriBank, FCB, "Trustee," whose mailing address is PO Box64949,St. Paul, Minnesota
<br />55164-0940. and Farm Credit Services of America. FLCA, "Beneficiary," whose mailing address is PO
<br />Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the principal sum
<br />specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably transfers, conveys
<br />and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, its successors and assigns, under and subject to the terms and conditions of this
<br />Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />
<br />Parcel A:
<br />The Northwest Quarter (NW1/4) of Section Twenty-eight (28), Township Eleven (11) North, Range Ten
<br />(10) West of the 6th P.M., Hall County, Nebraska, EXCEPTING therefrom the following described
<br />property:
<br />
<br />A tract of land comprising a part of the Northwest Quarter (NW1/4) of Section Twenty-eight (28),
<br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, and more
<br />particularly described as follows:
<br />
<br />Beginning at the Southwest corner of said Northwest Quarter (NW1/4); thence Northerly, along and
<br />upon the West line of said Northwest Quarter (NW1/4), a distance of Six Hundred Eighty (680.0) feet;
<br />thence deflecting right 89037'15" and running Easterly, parallel with the South line of said Northwest
<br />Quarter (NW1/4), a distance of One Thousand Three Hundred Twenty-five (1,325.0) feet; thence
<br />deflecting right 90022'45" and running Southerly, parallel with the West line of said Northwest Quarter
<br />(NW1/4), a distance of Six Hundred Eighty (680.0) feet to a point on the South line of said Northwest
<br />Quarter (NW1/4); thence deflecting right 89037'15" and running Westerly, along and upon the South
<br />line of said Northwest Quarter (NW1/4), a distance of One Thousand Three Hundred Twenty-five
<br />(1,325.0) feet to the point of beginning and containing 20.684 acres, more or less of which 0.515 acres,
<br />more or less, is presently occupied by public road right-of-way,
<br />
<br />AND further excepting therefrom a tract of land legally described as Lot One (1) M.G. Subdivision, Hall
<br />County, Nebraska, and conveyed by Warranty Deed dated March 19,1999, and recorded on March 19,
<br />1999, as Document No. 99~1 02877 in the office of the Register of Deeds of Hall County, Nebraska.
<br />
<br />App #: 120039; elF #: 93750; Note #: 204
<br />FORM 5011, Trust Deed and Assignment of Rents
<br />
<br />220LS
<br />
<br />Legal Doc. Date: June 22, 2007
<br />Page 1
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