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<br /> . 92_ �os3�8
<br /> ��•� "'�":� PREFACE
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<br /> �, . , ,� . DEED OF TRUBT WITH POWER OF SAT�B �
<br /> .:: .;�'�' '.. ' .,M
<br /> ;��,�.....-,�:...w��; Eaah und�rsiqn�d Borrowor doo� horoby aaluaowledqo thats
<br /> J����'���, i. Eaah undersigned Borrower has aqraed to act �s
<br /> --- `��` �"�"� � , Trustor in the DEED OF TRUBT WITH POWER OF SALE to whiah this
<br /> :ait�z. " " .
<br /> writing fs the Prelaae end wherein ARTHUR P. STELK AND GERALDINE
<br /> �:–����-"�j'��`�?'"• . M. STELK sre thQ Saneliaiarisa and which ia horoinaltor retarrad
<br /> „W.,.:,
<br /> � ; .. •� to aa th� Trust Daod.
<br /> �,�: ,, ,..
<br /> -�� ^ ° - " 2. Eaah under�aigned Borrower knowe that by virtue of
<br /> , : ,;:.,,�.�.,.�� tha statutes a! the State of Nebraaka eaah Borrower has the right �
<br /> .p
<br /> �� to �oaka a Doaignation of Homestead in tha body of the Truet Doed. ��•�.
<br /> � e " 3. EACH UNDERSIGNED BORROWER DOE$ HEREBY DISCLAIM
<br />, o •, . ' THE RIGHT TO MAKE A DESI(iNATION OF HOMESTEAD IN THE BODY OF THE �"`�
<br /> � '•�� 'A:' TRUST DEED.
<br /> �� '� ' � 4. Eaah undersigned Horrower does hereby state that
<br /> _ � q no part o! Borrower's homestead is prosently or in the lutura
<br /> � •. ••. will be situated upon the real eatate described in the Truat
<br /> •� .tf Deed. Er�ah undersigned Borrower understands this to mean that —
<br /> + _,� whether or not eaah undersigned Horrower is presently residi.nq
<br /> ` - '=��j upon the real esza�e described in 'thu Tiva� De�c� aFid whetha�' or _
<br /> not eaah undergigned Borrower hereafter establishes ree�idenae and
<br /> ,. ° a homestead upon any part of that real estate during the time –
<br /> ���' � that the Trust Deed remains unsatisfied and a lien upcn the real
<br /> .,m,,,� . estate, EACH UNDER3IGNED BORROWER SHALL HAVE NO RIGHT TO MAIiE A °-
<br /> �.�; DESIGNATION OF HOME3TEAD in the event of TrustQQ's sale under the �•'�
<br /> . , ,� ._, power of sale contained in the Truet Deed. �-w �
<br /> ,�,�,,,...,..;jr-; 5. EACH UNDER3IGNED BORROWER DOE3 HEREBY WAIVE BY �`-
<br /> ;e _ ;� THI3 WRITTEN ACKNOWLEDtaMENT ANY AND ALL RIGHT TO MAI� A �
<br /> �`� . "w DESIGNATION OF HOME3TFAD UPON ANY PART OF THE REAL E3TATE '_
<br /> �, . DESCRISED IN THE TRUST DEED. Each undersiqned Borrcwer .�-
<br /> understands that the execution of this acknowledgment ���"
<br /> ,�`` ...��, constitutes the waiver of rights otherwiae avai lable for the � .
<br /> � . ' ��. ' purpose of affording Borrower the opportunity to retain
<br /> ° �. , Borrower's homvstQad in the event of a default upon the Trust ,
<br /> , .'�� Deed. �. ...
<br /> � • � 6. Each undersigned Borrower represents that this �� =
<br /> �-.' Preface to Deed of Trust with Power of Sale constitutes a h
<br /> , :u. disclaimer of right to make a Designation of Homestead and a `
<br /> '. •�• waiver of riqht to make a declaration of homestead as provided �. Y
<br /> • . . for in paraqraphs 3(a) and 3(b) of Section 4 of the Nebraska Farm �- �
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