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9 PREFACE TO MORTGAGE UNDER p ff FARM HOMESTEAD PROTECTION ACT 87-- 101550 WAIVER AND DISCLAIMER In accordance with the provisions of the Nebraska Farm Homestead Protection Act, the undersigned, DOYLE L. HUYt _ and RAY v. E-t7ltiE Prior to exerting the attached Mortgage dated __ARCH ,19 37 by and between the undersigned and Takla State Bonk Qf Cairo, A Nebraska Nanking Corporation (hereinafter referred to-as "Mortgage ") hereby state and acknowledge: DAIS XMER 1. That no part of the homestead of the undersigned is presently or in the future will be situated on the following described real estate (hereinafter -Parcel 1 ") nor are there any buildings sufficient to be designated as a homestead presently located upon Parcel 1. PARCEL 1: The South Half of the Northwest Quarter (SW 114) of Section 32, Township 12 _,forth, ^,ante 12, Best of the 6th P.M., Hall County, %ebraska 2• The undersigned acknowledge that while the Mortgage remains unsatisfied and a lien on Parcel 1, they shall have no right presently or in the future to make a designation of homestead on Parcel 1, including without limitation, in the event of a foreclosure under the Mortgage, 3. The undersigned acknowledge that if, contrary to this Disclaimer, they establish a homestead on Parcel 1 during the time the Mortgage remains unsatisfied and a lien upon Parcel 1, they shall have no right to make a designation of homestead in the event of a foreclosure under the Mortgage. 4. The undersigned state that this acknowledgement is their knowing and voluntary act and deed and constitutes a written disclaimer and acknowledgement under the Nebraska Farm Homestead Protection Act and the undersigned do hereby disclaim any right to designate a homestead in the event of default upon such Mortgage or in the event of a foreclosure under the Mortgage. 5. The undersigned further understand and agree that this acknowledgement and Disclaims become a part of the Mor tgage a Preface to and