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<br /> �' PREFACE TO AGRICULTURAL DEED OF TRUST
<br /> COMPLETE this portion ONLY if the real property described �
<br /> consists of INDIVIDUALLY OWNED AGRICULTURAL LAND. (�
<br /> If applicable, complete ONLY ONE either A, B, or C:
<br /> i
<br /> _ ,
<br /> , ��_ ; A. DISCLAIMER OF RIGHT TO DESIGNATE HOMESTEAD:
<br /> I Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of them if
<br /> �, more than one, hereby disclaims Trustor's right to designate a homestead on said real estate. No part of Trustor's homestead is presently
<br /> ! or will in the future be situated upon said real estate. Trustor understands that if Trustor establishes a homestead on any part of said
<br /> ' real estate during the time the Deed of Trust remains unsatisfied and a lien upon said real estate,there shall be no right to make a
<br /> ,�
<br /> designation of homestead in the event of a foreclosure or trustee's sale with respect to said Deed of Trust.
<br /> iilr
<br /> �,� B. WAIVER OF RIGHT TO DESIGNATE HOMESTEAD:
<br /> Trustor acknowledges that Trustor is about to execute the following Deed of Trust upon the Property. Trustor, and each of them
<br /> ; if more than one, hereby waives Trustor's right to designate a homestead on said real estate. Trustor understands that Trustor has right to
<br /> Imake a designation of homestead and that by executing this waiver, Trustor is waiving rights otherwise available for the purpose of
<br /> Iaffording them the opportunity to retain Trustor's homestead in the event of a default upon the Deed of Trust.
<br /> i_ I C. DESIGNATION OF HOMESTEAD:
<br /> , Pursuant to the Farm Homestead Protection Act(Section 76-1901 et seq. Revised Statutes of the State of Nebraska►, Trustor hereby ,
<br /> d �gnates t t real estate described in the "Designation of Homestead" attached hereto and incorporated herein by this reference.
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<br /> _ _ _�__ �� �1�/�(_��-- - .�.�°"'U_
<br /> - ---- ---- --_ _ _ _ _ _
<br /> Robert L. Johnson Trustor Harriett M. Johnson Trustor Trustor
<br /> I
<br /> ----- _ ------ .. --- --_ - ___ ------ ---- - - -- ----- -__ __ _ _ _
<br /> Trustor Trustor Trustor I
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<br /> , _ _ _ _ _ _ _-- _--- _ __--- -- _--- - _ _ _ - ---- _ _--- _ �
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<br /> I _ Trustor Trustor Trustor I
<br /> AGRICULTURAL DEED OF TRUST WITH FUTURE ADVANCES
<br /> THIS DEED OF TRUST, is made as of the 24th day of June ,1999 , by and among the Trustor,
<br /> Robert L. Johnson and Harriett M. Johnson, each in his or her own right as husband and wife
<br /> ----- __ __ ____ . - ._ -- -- --- _ --- ____ �
<br /> whose mailing address is 1014 E. 7th Street, Hastings,_NE 68901 _ _ (herein "Trustor", whether one or more►,
<br /> the Trustee, Bank of Doni han_ _
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<br /> whose mailing address is P.O._Box 270, Doniphan, NE 68832 __ _ _ (herein "Trustee"), and
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<br /> the Beneficiary, Bank of Don�han _ _ _
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<br /> whose mailing address is P.O. Box 270, Doniphan NE 68832 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to
<br /> _— -______ - ---- __
<br /> P.L. Johnson Land &Cattle Co.
<br /> ---- _ __ __ _ -- __- _ ___---
<br /> ___ ___--- -__------_ _---- _ ___ __- --.
<br /> (herein "Borrower," whether one or more) and the trust herein created, the receipt of which is hereby acknowledged, Trustor hereby
<br /> irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Lender,
<br /> under and subject to the terms and conditions hereinafter set forth,
<br /> See attached Exhibit "A"
<br /> Y'
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br /> appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof,
<br /> and such personal property that is attached to the improvements so as to constitute a fixture, including, but not limited to, heating
<br /> and cooling equipment; and together with the homestead or marital interests, if any, which interests are hereby released and waived;
<br /> all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of
<br /> ihis Deed of Trust and all of the foregoing being referred to herein as the "Property".
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