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<br />RETURN TO
<br />PREPARER:
<br />
<br />Do not writeltype above this fine. For filing purposes only.
<br />a N-GTw-
<br />Farm 'Credit Services of America, PO Box 399 Chaney, Patricia M
<br />Oneill, NE 68763 (402) 336-1444
<br />
<br />HOMESTEAD DESIGNATION WAIVER
<br />
<br />FORM 5011 (3.2007)
<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 Waive the Right to Designate a Homestead.
<br />
<br />I/We understand that I/we have the right to make a designation of homestead in the following Trust
<br />Deed. The execution of this Waiver constitutes a waiver of rights otherwise available to me/us for the
<br />purpose of affording me/us the opportunity to retain my/our homestead in the event of a default upon
<br />the Trust Deed.
<br />
<br />~~~~. '> ~.- (/2-~6-
<br />Brian Lee Quandt
<br />
<br />11f10h A . fjj 0IItf;I
<br />
<br />Sarah B Quandt
<br />
<br />Farm Credit Services of America
<br />
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />
<br />Trustor(s):
<br />Brian Lee Quandt and Sarah B Quandt, husband and wife
<br />
<br />Mailing Address:
<br />4450 N Quandt Rd
<br />Grand Island, NE 68801-9250
<br />
<br />This Trust Deed and Assignment of Rents is made February 20, 2008, 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 />The Southeast Quarter of the Northeast Quarter (SE1/4NE1/4) of Section TwentywSix (26), Township
<br />Twelve (12) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska excepting a tract more
<br />particularly described in Survivorship Warranty Deed recorded as Document No. 200214425 and
<br />excepting a tract more particularly described in Corrective Survivorship Warranty Deed recorded as
<br />Document No. 200300539.
<br />
<br />The Northeast Quarter of the Southeast Quarter (NE1/4SE1/4) of Section Twenty-Six (26), Township
<br />Twelve (12) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska excepting a certain
<br />tract more particularly described in Survivorship Warranty Deed recorded as Document No. 200214425
<br />and excepting a certain tract more particularly described in Corrective Survivorship Warranty Deed
<br />recorded as Document No. 200300539.
<br />
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, crops, and improvements now on or hereafter placed upon the property; all
<br />appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income, profits, and rights
<br />to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal
<br />resources; all personal property that may integrally belong to or hereafter become an integral part of the
<br />real estate whether attached or detached, including any appurtenances and accoutrements of any
<br />structure or residence secured hereby; easements and other rights and interests now or at any time
<br />hereafter belonging to or in any way pertaining to the property, whether or not specifically described
<br />herein; all above and below ground irrigation equipment and accessories; and all leases, permits,
<br />licenses, or privileges, appurtenant or nonappurtenant to the property, now or hereafter issued,
<br />extended or renewed by Trustor(s), any State, the United States, or any department, bureau,
<br />
<br />App#: 138242; CIF#: 166532; Note#: 201
<br />FORM 5011, Trust Deed and Assignment of Rents
<br />
<br />205DP
<br />
<br />Legal Doc. Date: February 20, 2008
<br />Page 1
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