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r- I9IQt7 fi "THIS TRUST DEED SECURES A VARIABLE RATE NOTE" DORM OF NEBRASKA TRUST DEED 7111111111111TWO WRITTEN tvftkw of Home~ ACKNOWLEDGMENT 87 105127 The wK ttrsignad represent and warrant as true each of the following statements with regard to the attached Do" of Trust: f. We acknowledge that we did read, sign and execute this Written Acknowledgment before we signed the Deed of Truitt 2. We uewlerNand, and understood before signing said Deed of Trust, and acknowledged that the Deed of Trust is a trust dead and not a mortgage under the policy provided for In the Dead of Trust provides substantially different rights and obligations to us than a mortgage in the event d default or breach of obligation under sold Deed of Trust 3. We understand and op edge that in the event of the default or breach of obligation by us, the Deed of Trust allows the Beneficiary the dart trust rt to have tit tr property cold by the trustee without any judicial proceedings or foreclosure. 4. We represent and warrant that this written acknowledgment was written and executed by us before the execution of the Trust Deed 5. We understand and acknowledge that we have the right to make a designation of homestead In the Deed of Trust and we hereby waive such right 8. For so tong as the Deed of Trust remains unsatisfied and a lion upon the real estate, each of us wolves any right under the Nebraska Farm Homestead Protection Act to make a designation of homestead T. We understand and acknowledge that our execution of this Written Acknowledgment constitutes the waiver of rights otherwise avail- able for the purpose of affording us the opportunity to retain our homestead in the event of a default upon the Deed of Trust This Written Acknowledgment is a preface to and is filed for record with and Is a part of the attached Deed of Trust Walter L. Bilslend TRUSTOR Carolyn J. Bilslend ,TRUSTOR TRUSTOR STATE OF NEBRASKA) ) as COUNTY OF HA I J ) , TRUSTOR The foregoing Written Acknowledgment was subscribed and sworn to and acknowledged Wore me on .19117 Walter L. Bilslend and Carnlvn .L Rilsland_ htrchand and wife SM !bW My commission TRUSTOR'S DISCLAIMER AND ACKNOWLEDGMENT The undersigned represent and warrant as true each of the following statements with regard to the attached Deed of Trust: t. We acknowledge that we did read, sign and execute this Disclaimer and Acknowledgment before we signed the Dead of Trust 2. We understand and acknowledge that the Deed of Trust is a trust deed and not a mortgage and that the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to us than a mortgage in the event of a default or breach of obligation. 3. We undertstand and acknowledge that in the event of a default or breach of obligation by us, the Deed of Trust allows the Beneficiary the right to have the trust property sold by the trustee without any judicial proceeding or foreclosure. 4. No part of our homestead Is presently or in the future will be situated upon the real estate described in the Deed of Trust 5. We understand that If any of us establish a homestead on part of the real estate during the time the Deed of Trost remains unsatisfied and a lion upon the real estate, there shall be no right to make a designation of homestead in the event of a foreclosure or trustee's sale upon the Dead of Trust S. For so tong as the Deed of Trust remains unsatisfied and a lion upon the real estate, each of us disclaims any right under the Nebraska Farm Homestead Protection Act to make a designation of homestead. This disclaimer and acknowledgment is a preface to and Is filed for record with and as a part of the attached Deed of Trust Walter L. Bilslend TRUSTOR Carolyn ,I. Rilslpnd TRUSTOR -.TRUSTOR TRUSTOR STATE OF NE l as: couttv C7F l ) R