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<br />(-1~G EN(/.~ FpRM 5011 (B-2DD9)
<br />RETURN TO Farm Credit Services of America, PO Box 5080 Alcorn, Echo A
<br />PREPARER: Grand Island, NE 68802 (308) 384-0557
<br />HOMESTEAD DESIGNATION DISCLAIMER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb, Rev. Stat.
<br />Sections 76-1901, et. seq., as a preface to the execution, and as a part of the following Trust Deed, the
<br />undersigned Trustor(s) being first duly sworn, elects to Disclaim the Right to Designate a Homestead.
<br />I/We disclaim the right to designate a homestead on the property described in the following Trust Deed.
<br />No part of my/our homestead is presently, nr in the future will be, situated upon said real estate. I/We
<br />understand that if I/we establish a homestead on any part of the real estate during the time the Trust
<br />Deed remains unsatisfied and a lien nn the real estate, I/we shall have no right to make a designation of
<br />homestead in the event of a Trustee's sale.
<br />1
<br />n D Willoughby Jo ce M wlloughby
<br />~.
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />John D Willoughby and Joyce M Willoughby, husband and wife
<br />Mailing Address:
<br />15499 W Cedarview Rd
<br />Wood River, NE 68883-9313
<br />This Trust Deed and Assignment of Rents is made December 17, 2009, by and among the above
<br />named Trustor(s) and Agril3ank, FCB, "Trustee," whose mailing address is PO Box 64949, St. Paul,
<br />Minnesota 55164-0940, and Farm Credit Services of America, FLCA, "Beneficiary," whose mailing
<br />address is PO Box 2409, Omaha, NE 68103, in consideration of the advance by Beneficiary of the
<br />principal sum specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably
<br />transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and
<br />security of Beneficiary, its successors and assigns, under and subject to the terms and conditions
<br />of this Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as
<br />follows:
<br />The South Half of the Northwest Quarter (S 1/2 NW 1/4), Section Three (3), Township Nine (9) North,
<br />Range Twelve (12) West of the Bth P.M., Hall County, Nebraska
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed
<br />upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents,
<br />issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of
<br />whatever nature, including geothermal resources; all personal property that may integrally belong to or
<br />hereafter become an integral part of the real estate whether attached or detached, including any
<br />appurtenances and accoutrements of any structure or residence secured hereby; easements and other
<br />rights and interests now or at any time hereafter belonging to or in any way pertaining to the property,
<br />whether or not specifically described herein; all above and below ground irrigation equipment and
<br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the
<br />property, now or hereafter issued, extended or renewed by Trustor(s), any State, the United States, or
<br />any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in
<br />this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure
<br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are)
<br />liable thereon, and all future and additional loans nr advances, protective or otherwise, which may be
<br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties
<br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon,
<br />App #: 450315; CIF #: 186209; Note #: 201 202EA Legal Doc. Date: December 17, 2D09
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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