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<br />17o not write/type above this l/ne. For filing purposes only. /
<br />~~NN FORM 5011 (6-2009)
<br />~~IJI~N TO Farm Credit Services of America, PO Box 5080 Schulte Kathy S
<br />PREPARER: Grand Island, NE 68$02 (308) 3~4-0557
<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 />Na part of my/our homestead is presently, or 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 on 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 />Rick D Rauert Patricia A Rauert
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />Rick D Rauert and Patricia A Rauert, husband and wife
<br />Mailing Address:
<br />5020 W White Cloud Rd
<br />Grand Island, NE 68803-9421
<br />This Trust Deed and Assignment of Rents is made July. 16, 2010, by and among the above named
<br />Trustor(s) and Agril3ank, FCB, "Trustee," whose mailing address is PO Box 64949, 5t. Paul, Minnesota
<br />55164-0940, and Farm Credit Services of America, PCA, "Beneficiary," whose mailing address is PO
<br />Box 2409, Omaha, NE 6$103, in consideration of the advance by Beneficiary of the principal sum
<br />specified below, the receipt of which is hereby acknowledged, Trustor(s) irrevocably transfers, conveys
<br />and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Beneficiary, its successors and assigns, under and subject to the terms and conditions of this
<br />Trust Deed, the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />Tract 1: The Southwest Quarter of the Northwest Quarter (SW 1/4 NW1/4) and the West Half of the
<br />Southwest Quarter (W1/2 SW1/4), both in Section 28, Township 12 North, Range 10 West of the 6th
<br />P.M., Hall County, Nebraska, Excepting a tract of land more particulary described in Warranty Deed
<br />recorded as Document No. 200304208 and Excepting a tract of land more particularly described in Plat
<br />of Prairie Creek Subdivision recorded as Document No. 97-109885.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including:
<br />_-- __ _. __w~ll- b~itdingrfixturos; ~#mb~e~-timber-to be cut,...crops, end-improvemcrrts t~oav-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 or advances, protective or otherwise, which may be
<br />App #: 5016575; CIF #: 72340; Note #: 101 220SQ Legal Doc. Date: July 16, 2010
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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