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Eighth Form Credit District 87-105661 REDEMPTIVE HOMESTEAD DISCLAIMER OR WAIVER FORM FOR USE UNDER THE NFORA>SKA FARM HOMESTEAD PROT90TION ACT DISCLAIMER OF REDEMPTIVE HOMERTRAC In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stall. if 76 -1901, of. 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 homesteads) 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 I /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 on the real estate, I /we shall have no right to make a designation of a homestead in accordance with the provisions of the Nebraska Farm Hernacteed Protection Act in the event of a foreclosure of the Mortgage or a foreclosure or trustee's sale of the Deed of Trust. STATE OF NEBRASKA ) ag COUNTY OF The foregoing instrument was acknowledged before me on 19 , by (SEAL) Notary Public WAIVER OF REDEMPTIVE HOMESTEAD In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Slat. §§ 76 -1901, et. seq., JAMS E. FB.9� s�LlL�a� �4Z��.�_ F'aga.i . the undersigned "Mortgagors" in the attached Mortgage or "Trustors" in the attached Deed of Trust, hereby state and acknowledge: (1) that I /we and each of us understand that I /we or any of us have the right to make a designation of a redemptive homestead in the Mortgage or Deed of Trust in accordance with the provisions of the Nebraska Farm Homestead Protection Act; (2) that I /we further understand that the execution of this "Waiver of Redemptive Homestead" constitutes a waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain a homestead in the event of a default upon the Mortgage or Deed of Trust; and (3) ttqt I /we and each of us hereby waive the rights available to me /us to designate a redemptive homestead in accordance with the Nebraska Farm Homestead Protection Act, and hereby waive the rights I /we may otherwise have available to me /us for the purpose of affording me /us an opportunity to retain a homestead in the event of a default upon the Mortgage or Deed of Trust. p ame s ags n Elinora D. Fagan STATE OF NEBRASKA ) ®a COUNTY OF ... / /.... _..__. ) T instrument was acknowledged before me on ._4l!��r __ -'`�.. _ _ . _. . 1987 by FiAd 6 `�r°f�4 t- . W:,twy h In. r ^-