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<br /> SenAra Swoonoy e, n-�.Y�`t,s,.•'., ,••;'"-'
<br /> RETURN TO Farm Credit Servicos,P.O.Box 6080 �308138Z•9026 � � <'r`��' �� W+�
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<br /> PREPARER: (3rand islend,NE 68802•6080 FCSM 6011 17-961 �/�� � :'Y.;";,i�,�-��'w',;,;
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<br /> HOMHBTL'AO DESI�NATIUN WAIVER '�°° ' " """` l"
<br /> � In accordance wlth the provislons of tho Nebraska Ferm Homeetead Protectfon Act, Nob.Rev,Stat.Sections 78•1901,et.eeq.,es a proface to �-; -
<br /> �� tho executbn, and ae a part ot the following Trust Deed,the undersigned Trustor(sl being first duly aworn, elects to Waiv� th� Ripht to ����
<br /> � D�sipnat��Homsstad. ___
<br /> A I/We underatend thet I/we heve the right to make a deslgnetion of homestead in the following Truat Deed. The exacution of thle Weiver --
<br /> � conatitutea efaultVUron the Trust peede availabie to me/us fa the purpose of aftording me/us the opportunity to ratain mylour homeeteed In the —
<br /> � event of a de P �
<br /> , �.� _Yg .-�.=3�' �.
<br /> ,� D ` �p E7 INF T
<br /> � STEPHA L RAINFORTH --_
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<br /> Farm Crsdit 8�►vic�s
<br /> �� TRUST DEED AND ASSIGNMENT OF RENTS
<br /> �,�.
<br /> �' TruKO►(tl:
<br /> �� STEPHAN L RAINFORTH and JANET L RAINFORTH,husband and wife �n.
<br /> � � —
<br /> MaNin�Addnss: ���
<br /> � 7801 W ROSEDALE RD ��u
<br /> DONIPHAN NE 68832-9766 �x=
<br /> This Trust Deed and Aaeignment of Renta is made Februarv 06 1998 by and among the abo�ashin on rust 99220-4 O6,merend �i��,ry
<br /> • FCB, 'Truatee,' whose mailing address Is PO Box TAFC6, Spokane, B _
<br /> �� Farm Credit Servicea of the Mldiands FLCA "Beneficiary," whose meiling addreas fe 208 S 19th Street =
<br /> Omeha NE 88102•7746 in considoration of the advance by Beneflciary to Trustor(sl of the principal sum �
<br /> specified below, the receipt of which is horeby acknowledged,end any future, additlonal, or proteative advanCea made to or on behalf of s
<br /> �� Trustorlsl at Benefkiary's option,Trustorlal Irrevocably transfere,conveys and aselgns to Trustee, IN TRUST,WITH POWER OF SALE, for tha �.•
<br /> �.; benefit end security of Beneficiery, its euccessora end essigna, under and subjeCountyllos)t St te of Neb aske�nand desicribnd es�followshe
<br /> �, property,located fn Hail
<br /> ''' NW 1/4 of Sectlon 31,Township 9N,Range tOW 8th P.M.,except►ng tracte conveyed to
<br /> � end B k 38,Pagee339 ANO EXCEPTIN(3 tha efrom Lot One 111 Bur Oek Subdlvision
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<br /> � � together wfth ail Trustor's right, title, and interost in the propene• rtonancesfewetere i Q g t oni�ond dreinageb ighta9 aIi frents,Isaues,suseaa
<br /> � `. improvomonts now on or horeaher pleced upo�the prope el, rockp or other minerals of whatovor nature, including geothermal resources; all _ __ __ -
<br /> � ' income,Profite, and rights to possession; ell oil, ges, q
<br /> �. 3 personal property that may integrelly belon�to or herearier become an Integral part of the real estate whethor attached or detached,including
<br /> any eppurtenences and accoutrements of eny structu►e ar rosidence secured hereby;easemonts and other rights and Interests now or at any
<br /> time hereafter belenging to or in eny way perteining to�cmetsr�lpcenses,hor priv/eges, ppuriten'ant orcnonappurtenant to�the p opertY. �ary od
<br /> � , irrigatfon equipment end aacessorles; and ail leases, p ,
<br /> hereaftnr issued, oxtended or ronowed by Trustorlsl, eny State, the United Statos, or any department, bureau, Instrumentaiky, or egency
<br /> thereof. The foregoing is collectively referred to in this dacument as the"property." .
<br /> It I�uod�rstood end ayroed betwe�n Trustorlsl and Be�etklary thet thb Truat Deed f�piven to aecun: .c �� ..{�`•: `�`
<br /> I .+...._ .. ., . ,
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<br /> (�I Promissory natolsl executed by Trustorlsl to Beneficfary doscribod as follows: s ���=•• .
<br /> «r..:�
<br /> Dete of Note Princi�al Amount • � •
<br /> o�/oe/Qe i�o,000.00 .
<br /> J payeble eccording to the terms of tho notelsl.and any addandum to, renmortlzetion or restructuring of the notelsl,
<br /> � lbl The repayment in full by Trustorlsi of any end all futuro and udditiunal loena or edvances w gic nterea ton all�loan sor af dva cest�ndertlany
<br /> � at the requost of,and to or tor tha account of Trustorlsl, or eny of them,for any purpose, p
<br /> � note(s) or other instrumontfsl moditying, refinancing, extendinfl, renewing, reemortizing, or restructuring, new existinfl, or additionel
<br /> � indobtedness or eny part thaee�f^�all�p�a Qpbluradcherebv ot�eny onertlme wi ihnot oxcoedrtho sum ofrumentlsl: provided, howover,that the total
<br /> �� principoiinunoiod��as� 0.-:-._.._-.-„_ ------._-.----
<br /> ONE HUNDRED FORTY THOUSAND DOLLARS �
<br /> � (S 140,�00.00 1,oxclusive of intarest and protectrvo advanc�s authorizod herein or in the loen ugreQmontls); providod turther,thet THIS
<br /> PARAGqAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME.
<br /> WHETHER OR NOT THC TOTAL PF{INCIPAL INOEBTEDNESS A80VE HAS BEEN AOVANCED.
<br /> ,' (c)The repaymont in full I�y Yrustorls;of all amounts advon�od by Bonoficia�Y at its option, to or on bohalf of Trustorls) as protactive advoncos
<br /> authorized horein,in the loan ngroomontlsl,or m other fnstrumontlsl which evidonce such ndvances, plus intorest on all such edvances,payablo
<br /> aa provided fn the notolsl.�oa�a9�aomantlsl,or othor inst�u�nentlsl.
<br /> , Idl The pnyment�n tull of any ond all othor past,prosont.or future,d�rect a conUngnnt,dobts nnd liab�lities of'frustorlsl to 8onoficfary of uny
<br /> naturo whatsoovor.
<br /> Ap N:001 21500: Prlmnry Customer ID�t:00063802: CIF�l:38186 lagal Doc.Date:Feb�uary 06. 1998 P�qQ �
<br /> FCSM 501 1 Trust Dead und Assignment ot Runts
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