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~~ ~' m ;, c ~ z _ v ~ ~„~~, ~ _ j ~ _ ~ ~~ Ir ~ ~ ~ ~ ~ © ' _~' ,,,.,~ rr, ° m -~ ~ v ~ ~, ~ ~ r-T1 ~c rn rZ,..~ p" ~ 4/ V/ ~ ~ ~ ~ ~~ U"7 ~ ~' ~i ~ (~7 ~~ O ~~ Env/: ~nrc. WHEN RECORDED MpAIL TQ: Five Points Bank ~U • ~ /Sa7 West Branch O 2009 N. biers Ave. ~ ~~~ ~ )', fl Grand Island NE FOR RECORDER'S E NLY / FI VE PAINTS B,~WK WAIVER OF HOMESTEAD Executed pursuant to Section 41SI1a1 and Ibl of the Farm Homestead Protection Act GRANTOR: LARRY J KNUTH and KAREN L KNUTH LENDER: Five Points Bank LENDER'S ADDRESS: West Branch, 2009 N. biers Ave., Grand Island, NE 68803 PROPERTY LEGAL DESCRIPTION: Located in HALL County, State of Nebraska; Parcel 1: The West Half of the Northeast 4uarter (W1/2NE1/4) and the West Half of the Southeast Quarter (W1/2SE1/41 of Section One 111. Township Ten (10) North, Range Ten (10), West of the 6th P.M., in Hall County, Nebraska, excepting therefrom tracts of land more particularly described in Return of Appraisers reoorded in Book 9, Page 67; Warranty Deed recorded as Document No. 99102831; and Return of Appraisers recorded as Instrument No. 200204238; and alsp except Knuth Subdivision recorded March 26, 2009, as Instrument #200902169 records of Hall County, Nebraska. Parcel 2: The Northwest Quarter of the Northeast fluarter (NW1/4NE1/4) of Section 12, Township 10 North, Range Ten (101, West of the 6th P.M., in Hall County, Nebraska. The Real Property or its address is commonly known as 3554 W WILDWOOD DR, GRAND ISLAND, NE 65803-9615. GRANTOR'S PARCEL 1 • HOMESTEAD PROPERTY: The West Half of the Northeast Quarter IW1/2NE1/4) and the West Half of the Southeast Quarter (W1/2SE1/4) of Section One 111, Township Ten (10) North, Range Ten (101, West of the 6th P.M., in Hall County, Nebraska, excepting therefrom treats of land more particularly described in Return of Appraisers recorded in Book 9, Page 67; Warranty Deed recorded as Document No. 99102831; and Return of Appraisers recorded as Instrument No. 200204238; and also except Knuth Subdivision recorded March 26, 2009, as Instrument #200902169 records of Hall County, Nebraska Undersigned understands that Undersigned have the right to make a designation of homestead in the Dead of Trust and that the execution of this Document constitutes the waiver of rights otherwise available for the purpose of affording Undersigned the opportunity to retain Undersigned's homestead in the event of a default upon the Deed of Trust. Further, Undersigned acknowledges that Undersigned has had an opportunity to read the proposed Deed of Trust and that Undersigned is signing this Document first before signing the Deed of Trust. THE UNDERSIGNED AGKNOWLEDGES HAVING REAP ALL THE PROVISIONS OF THIS FARM HOMESTEAD PROTECTION ACT DOCUMENT. THIS DOCUMENT IS EXECUTED ON FEBRUARY 25, 2010.