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<br /> � } Do not wdte/type above thls ne. or ling urposes only. � N t� —
<br /> � � RETURN TO Farm Credit Services,P.O.Box 889 Rita Sallinger
<br /> � PREPARER: Hastings,NE 88902•0889 (M1021483-8847 FCSM 6011 (7•961 �
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<br /> d
<br /> HOMESTEAD DESI�NATION DISCLAIMER �
<br /> \cr
<br /> In accordence with the provislons of the Nebreska Farm Homeatead Protection Act,Neb.Rev.Stat.Sectiona 78•1901,et.seq..as e preface to
<br /> the execution,and as a part of the following Trust Deed, tho undersigned Trustorlsl being firet duly sworn, elects to Di�claim th� Ripht to
<br /> a Dnipmt��Hom�itnd.
<br /> . �� I/We disclaim the right to deaipnete a homesteed on the property deACrlbed in the following Truat Doed. No part of my/aur homeetead la
<br /> presently,or in the(uture wlll be,eltuated upon aeid real estate. I/We underatend that If Ilwe eatebllah a homestead on eny part ot the real
<br /> ;� estate during tho tlme the Truet Deod ramni�a unsatiafled and a lion on tho real estate, I/wa ahall heve no rlght to make a deelgnntion of
<br /> �
<br /> homeatead In the event of e Trustae's sale.
<br /> �. F�rm Cndit 8uvict�
<br /> TRUST DEED AND ASSIGNMENT OF RENTS
<br /> Trustorl�l:
<br /> �' SONDRA KAY JONES.Trustoe for SONDRA KAY JONES REVOCABI.E TRUST
<br /> � Mdliny Addntr
<br /> 308 NORTH SHORE DR
<br /> _ -_- - H:.STSl:G�!1E 6�901 2�1^.
<br /> �.' Thls Trust Deed and Aasignment of Rente la mede Februarv 03,1998 by and among tha above named Truator(sl and AyAmerica,
<br /> FCB, "Trustee," whose mailing eddress is PO Box TAF-C6, Spokene, Washington 89220-4006, and
<br /> Farm Credit Servicea of the Midlands.FLCA , "Beneficiary," whose mailing eddreae is 208 S 19th Street �
<br /> Omeha NE 88102•1y45 fn consideratlon of the edvance by Beneiiclary to Trustorls) ot the principal aum
<br /> ¢ speclfied below, the recelpt of which is heroby aaknowladged,end any future, additional, or proteatfve advancee mede to or on bahalf of
<br /> Trustorls) at Beneficiery's option,Trustor(si Irrevocebly tranatera,conveys and assigns to Trustee, IN TRUST,WITH POWER OF SALE,for the
<br /> benefit and security of 8eneficlary, Ita successora and assigns, under and subJeCouMy(lealt S ate of Neb eska�and dee'aribed�s�a�jowehe
<br /> � property,located ln Hali
<br /> SW114 S-i6,T•8N,R-10 W 6TH P.M.
<br /> � N1/2 SE1/4 S•19,T-9N,R•10 W 6TH P.M.
<br /> ' together with all Trustor's right, title, end Intereat in the property, now or hereafter acquired, including: ail buildinga, fixtures, cropa, and
<br /> �• improvemente now on or hereafter piaced upon the property; all eppurtenances, water, irriflation, end drainage righte;ail renta.Inaues,unea,
<br /> Income,profite, and rights to poesession; all oil, gas, pravel, rock,or other minerels ot whatever nature, including geothermal rasourcea; ali _
<br /> personal property that may intogrelly bolong to or heroahor become en Integral part of the real estate whether etteChed or deteched.Includfng _
<br /> ony appurtenances and eccoutrements o? any structure or residence secured horeby: eesementa and other rights end interests now or at any
<br /> time hereafter belonginp to or in any woy pertaining to the property,v�hether or not apeciffceily descrihed herein;ail abovo end below pround =
<br /> irrigation equfpment and accessorfas; and all leasea, permite, Iicensea,or privileges, appurte�ant or nonappurtenant to the property, now or
<br /> hereafter iseued, extend9d or ronowed by Trustorlsl, eny State, the United States, or any department, bureau, instrumentality, or agency P
<br /> � thereof. The forofloing is colleCtively reterred to in tnis document as the"property," _
<br /> , It is und�ntood and�proed b�twsen Trustor(�)and Bsn�flctary that thls'hust Deed is yiv�n to wauro: =
<br /> (a) Promissory notels)exctcuted by Trustor(a)to Beneficiary descnbed as toliows: _
<br /> Dat�of Note Principd Amount �
<br /> 02/03/96 1M1O,000.0�
<br /> puyable according to the torms of the notelsl,end eny addandum to,reemortizatlon or restructuring of tho notelsl•
<br /> (bl The repayment in full by Trustorlsl of nny nnd all tuture and additionel loans or advancea which may bo made by Benoficiury,at its option,
<br /> at the roquest of, ond to or tor the uccount of Trustor�sl, or on� of thom, tor any purpose, plus intorest on ull loens or advance8, under any
<br /> note(sl or othor instrumont(sl modifying, rofinoncing, oxtanding, ronowinp, roamortizing, or restructuring, now oxistinfl, or additional
<br /> mdobtedness o� any part thoreof,all peyabls nccording to thct terms of tha notolsl or other instrumentlsl: provided, howevor,thet tho totul
<br /> principol indobiodneas outetandin4 and socured horoby ot ony ono timo will not axceed the aum of:
<br /> ONF HUNDRED FORTY THOUSAND DOLLARS
<br /> '9 140.000.00 1,axclusrve of intorost nnd protectiva ndvnncos euthorizod herain or in tho loen ugroement(sl; provided funher,thnt THIS
<br /> PARAGRAPH SHALL NOT CONSTITUTE A COhAMITMENT TO MAKE FURTHER 4R ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME,
<br /> WHETHER OR i�IOT THE TOTAL PRINCIPAL INDEBTEONESS ABOVE HAS BEEN ADVANCEO.
<br /> _ . ... .. ......._. _��__......._ _.,.....,....,,ti., a...,er....o.,,or�fa nnf�nn. ea or on boholf of Trustor�s)as protectivo advancos
<br /> - 1 (CI I n0 fepUYmvnt m tun oY ��ua�v�ta�v. .,.�o....................._...._. __.._.._._.. -' -- •
<br /> � outhonzed heroin,in the loan ogroumant(sl.or fn othor�nstrumontlsl which ovidonce auch advences,plus Intorost on ell such edvoncna,peyablo
<br /> i as providod in the notolsl, loan op�oomartlsl,or othor instrumontlsl. i
<br /> I (d) Tho pnymont�n full of any and all othor past,prosont. or tutura,duuct or conunflont, dobts nnd liablitios of Truslorlsl to Beneficiary of any i
<br /> j naturo whutsoc3vor. �
<br /> I 1 his Trust Daod w�ll bu dua Novnmhor O i. 2017 , or upon tho payment in lull of oll sums socured haroby. �
<br /> I I
<br /> Trustorls)horoby warrants that 7rusturlsl holds tao simpl�utlo to tho abovo duscnbod proparty, thot Trustor(sl has gooa and lowlul uuthority to
<br /> � dend or.d oncumber thu somo. that tho property �s Irou nnd cloar of oll liuns ond oncumbroncos, �xeopt oncumbrances of rocord, and thot
<br /> Trustorlsl w�ll warrent and dotund tho proporty. at Trustorlsl oxpanso. nc�a�nst all cloimants whomsoovor. Trustorlsl olso huroby worvos and ,
<br /> ' . � �
<br /> a
<br /> Ap #:001171 31: Primnry Customer 10#:00005342; CIF�:62390 l.egol Doc.Date:Fabruary 03, 1998 Pa90 ,
<br /> FCSM 5011 irust Doud and Ass�pnmant of Ronts
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