87103928 - Laserfiche WebLink

Browse

87-- 103928 FC80 6039112.861 Eighth Farm Credit District REDEMPTIVE HOMESTEAD DISCLAIMER OR WAIVER FORM FOR USE UNDER THE NEBRASKA FARM HOMESTEAD PROTECTION ACT DISCLAIMER OF REDEMPTIVE HOMESTEAD In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. §§ 76 -1901, et. . Kenneth L. Clausen and Karen E. Clausen the undersigned "Mortgagors" in the attached Mortgage or "Trustors" in the attached Deed of Trust, jointly and separately state and represent: (1) that no part of my /our homestead(s) is presently or in the future will be situated upon the, real estate described in the Mortgage or Deed of Trust; (2) that I /we hereby disclaim my /our right to make a designation of a homestead; and (3) that t /we and each of us understand that if I /we or any of us establish a homestead on any part of the real estate during the time the Mortgage or Deed of Trust remains unsatisfied and a lien remains R9 the real estate, I /we shall have no right to make a designation of a homestead in accordance w' the pro "sion a Nebraska Farm Homestead Protection Act in the event of a foreclosure of the Mortg r a f clo a tee's sale of the Deed of Trust. ennet ausen Karen E. C STATE OF NEBRASKA ) COUNTY OF The foregoing instrument was acknowledged before me on V kA,I -L 3 Q _ 19 &Z, by (SEAL_) 408M g k, Notary Public WAIVER OF REDEMPTIVE HOMESTEAD In acco nce with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. §§ 76- 1, et. the undersigned " gagors" in the attached Mortgage or "Trustors" in the attached Deed of Tr , hereby state and acknowledge: (1) that 1 /we and each of understand that I /we or any of us have the right to make a signation of a redemptive homestead in the Mortgage Deed of Trust in accordance with the provisions of Nebraska Farm Homestead Protection Act; (2) that 1 /we further understand that execution of this "Waiver of Redem a Homestead" constitutes a waiver of rights otherwise available to me /us for purpose of affording me /us t opportunity to retain a homestead in the event of a default upon the Mortgage or of Trust; and (3) that I /we and each of us hereby waive the ' his available me /us to designate a redemptive homestead in accordance with the Nebraska Farm Homestead P ection A , and hereby waive the rights I /we may otherwise have available to me /us for the purpose of affording me /u n rtunity to retain a homestead in the event of a default upon the Mortgage or Deed of Trust. STATE OF NL "cBRASK »s COUNTY OF The fo V instrument was acknowledged before me on .-- 19 - ___ . by 'ALi !vGlary f'1ihec r� 1