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P <br />Do not writeltype above this line. For filing purposes only. <br />FORM 5011 ( 8-2004) <br />RETURN TO Farm Credit Services of America, PO Box 5080 Schulte Katherine S <br />PREPARER: Grand Island, NE 68802 (308) 364 -0557 <br />HOMESTEAD DESIGNATION WAIVER <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq. as a preface to the c'J <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Might to Designate a <br />Homestead. <br />I/We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes a <br />waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a default upon <br />the Trust Deed. n J n <br />ddifte Albi SherN Albin <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />George Albin Jr, a /k/a George M Albin, Jr and Sherril Albin, husband and wife <br />Mailing Address: <br />RR 1 Box 33 <br />Guide Rock NE 68942 <br />This Trust Deed and Assignment of Rents is made January 28, 2005, by and among the above named Trustor(s) and <br />AgriBank, FCB, "Trustee," whose mailing address is PO Box 64949, St. Paul, Minnesota 55164 -0940, and Farm Credit <br />Services of America, FLCA, "Beneficiary," whose mailing address is PO Box 2409, Omaha, NE 68137, in consideration of <br />the advance by Beneficiary of the principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) <br />irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security <br />of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />A tract of land comprising a part of the NW1 /4 of Section 23, Township 12 North, Range 10 West of the 6th PM, Hall <br />County, Nebraska, and more particularly described as: Beginning at the northwest corner of said NW1 /4; thence <br />running easterly, along and upon the north line of said NW1 /4, a distance of 1,507.14 feet; thence running southerly, <br />parallel with the west line of said NW1 /4, a distance of 2,629.27 feet to a point on the south line of said NW1 /4; thence <br />running westerly, along and upon the south line of said NW1 /4, a distance of 1,507.04 feet to the southwest corner of <br />said NW1 /4; thence running northerly along and upon the west line of the NW1 /4, a distance of 2,634.51 feet to the <br />point of beginning. <br />AND <br />A tract of land comprising a part of the NW1 /4 of Section 23, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska, more particularly described as follows: Beginning at a point on the south line of said NW1 /4, said <br />point being 1,507.04 feet east of the southwest corner of said NW1 /4; thence running northerly, parallel with the west <br />line of said NW1 /4, a distance of 1,549.65 feet; thence running easterly, parallel with the south line of said NW1 /4, a <br />distance of 1,096.5 feet to a point on the east line of said NW1 /4; thence running southerly, along and upon the east <br />line of said NW1 /4, a distance of 1,549.42 feet to the southeast corner of said NW1 /4; thence running westerly along <br />and upon the south line of said NW1 /4, a distance of 1,075.44 feet to the point of beginning, EXCEPTING a tract of <br />land more particularly described in Warranty Deed recorded in the Register of Deeds Office as Document No. 95- <br />102062. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and improvements <br />now on or hereafter placed upon the property; all 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 resources; all personal property that may integrally <br />belong to or hereafter become an integral part of the 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 hereafter belonging to or in any way pertaining to <br />the property, whether or not specifically described 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, extended or renewed by Trustor(s), any State, the United <br />States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayments in full of the following described <br />obligations, regardless of whether Mortgagor(s) is(are) liable thereon, and all future and additional loans or advances, protective or otherwise, which may <br />be made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties liable under the note(s) or credit agreement(s), <br />or any of them, for any purpose, plus interest thereon, all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) <br />modifying the same. <br />App #: 13565; CIF #: 1084; Note #: 203 220EK Legal Doc. Date: January 28, 2005 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />C <br />n S <br />(� <br />Z <br />o <br />W <br />o <br />Oa <br />CCAA <br />T <br />CIl <br />�.. <br />r- <br />CD <br />v: <br />W <br />x <br />m <br />U) <br />O <br />Do not writeltype above this line. For filing purposes only. <br />FORM 5011 ( 8-2004) <br />RETURN TO Farm Credit Services of America, PO Box 5080 Schulte Katherine S <br />PREPARER: Grand Island, NE 68802 (308) 364 -0557 <br />HOMESTEAD DESIGNATION WAIVER <br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq. as a preface to the c'J <br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Might to Designate a <br />Homestead. <br />I/We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes a <br />waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a default upon <br />the Trust Deed. n J n <br />ddifte Albi SherN Albin <br />Farm Credit Services of America <br />TRUST DEED AND ASSIGNMENT OF RENTS <br />Trustor(s): <br />George Albin Jr, a /k/a George M Albin, Jr and Sherril Albin, husband and wife <br />Mailing Address: <br />RR 1 Box 33 <br />Guide Rock NE 68942 <br />This Trust Deed and Assignment of Rents is made January 28, 2005, by and among the above named Trustor(s) and <br />AgriBank, FCB, "Trustee," whose mailing address is PO Box 64949, St. Paul, Minnesota 55164 -0940, and Farm Credit <br />Services of America, FLCA, "Beneficiary," whose mailing address is PO Box 2409, Omaha, NE 68137, in consideration of <br />the advance by Beneficiary of the principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) <br />irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security <br />of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed, the <br />property, located in Hall County(ies), State of Nebraska, and described as follows: <br />A tract of land comprising a part of the NW1 /4 of Section 23, Township 12 North, Range 10 West of the 6th PM, Hall <br />County, Nebraska, and more particularly described as: Beginning at the northwest corner of said NW1 /4; thence <br />running easterly, along and upon the north line of said NW1 /4, a distance of 1,507.14 feet; thence running southerly, <br />parallel with the west line of said NW1 /4, a distance of 2,629.27 feet to a point on the south line of said NW1 /4; thence <br />running westerly, along and upon the south line of said NW1 /4, a distance of 1,507.04 feet to the southwest corner of <br />said NW1 /4; thence running northerly along and upon the west line of the NW1 /4, a distance of 2,634.51 feet to the <br />point of beginning. <br />AND <br />A tract of land comprising a part of the NW1 /4 of Section 23, Township 12 North, Range 10 West of the 6th P.M., Hall <br />County, Nebraska, more particularly described as follows: Beginning at a point on the south line of said NW1 /4, said <br />point being 1,507.04 feet east of the southwest corner of said NW1 /4; thence running northerly, parallel with the west <br />line of said NW1 /4, a distance of 1,549.65 feet; thence running easterly, parallel with the south line of said NW1 /4, a <br />distance of 1,096.5 feet to a point on the east line of said NW1 /4; thence running southerly, along and upon the east <br />line of said NW1 /4, a distance of 1,549.42 feet to the southeast corner of said NW1 /4; thence running westerly along <br />and upon the south line of said NW1 /4, a distance of 1,075.44 feet to the point of beginning, EXCEPTING a tract of <br />land more particularly described in Warranty Deed recorded in the Register of Deeds Office as Document No. 95- <br />102062. <br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and improvements <br />now on or hereafter placed upon the property; all 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 resources; all personal property that may integrally <br />belong to or hereafter become an integral part of the 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 hereafter belonging to or in any way pertaining to <br />the property, whether or not specifically described 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, extended or renewed by Trustor(s), any State, the United <br />States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayments in full of the following described <br />obligations, regardless of whether Mortgagor(s) is(are) liable thereon, and all future and additional loans or advances, protective or otherwise, which may <br />be made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties liable under the note(s) or credit agreement(s), <br />or any of them, for any purpose, plus interest thereon, all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) <br />modifying the same. <br />App #: 13565; CIF #: 1084; Note #: 203 220EK Legal Doc. Date: January 28, 2005 <br />FORM 5011, Trust Deed and Assignment of Rents Page 1 <br />