RL`TURN TO Farm Credit Services of America, P.O. Box 5080 Kathy Schulte
<br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276
<br />HOMESTEAD DESIGNATION WAIVER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the
<br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Right to Designate a
<br />Homestead.
<br />I /We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes
<br />a waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a
<br />default upon the Trust Deed.
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />WAYNE D STOLTENBERG and MARY V STOLTENBERG, husband and wife
<br />Mailing Address:
<br />4699 W ABBOTT RD
<br />GRAND ISLAND NE 68803 -9455
<br />This Trust Deed and Assignment of Rents is made June 1 1 2003, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," whose
<br />mailing address is PO Box 64949, St. Paul, Minnesota 5 )2[-0949, and Farm Credit Services of America, FLCA, "Beneficiary," whose mailing
<br />address is 5015 S 1 18th St PO Box 2409, Omaha NE 68103 -2409 in consideration of the advance by Beneficiary of the principal sum specified
<br />below, the receipt o w is is ere y ac now edge rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF
<br />SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed,
<br />the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />SW 1/4 of Section 12, Township 12 North, Range 10 West of the 6th P.M., Hall County,
<br />Nebraska, EXCEPTING therefrom a tract of land more particularly described in
<br />Document No. 76- 005969, recorded in the Register of Deeds Office, Hall County,
<br />Nebraska; and excepting a tract Platted Meierstead Second Subdivision, as shown on
<br />the Plat recorded as Document No. 88- 106058.
<br />N 1/2 SW 1/4 of Section 27, Township 12 North, Range 10 West of the 6th P.M., Hall
<br />County, Nebraska.
<br />W 1/2 NE 1/4 of Section 34, Township 12 North, Range 10 West of the 6th P.M., Hall
<br />County, Nebraska EXCEPT Lot 1, Johnson Acres Subdivision, Hall County, Nebraska.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income,
<br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property
<br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br />or in any way pertaining to the property, 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 property, now or hereafter issued, extended or
<br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br />referred to in this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described
<br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at
<br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms
<br />of the note(s) or other instrument(s) modifying the same.
<br />Date of Note Principal Amount
<br />02/27/1996 110,000.00
<br />04/03/1997 248,000.00
<br />04/27/2000 200,000.00
<br />03/15/2002 151,200.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of EIGHT
<br />HUNDRED THIRTY -FOUR THOUSAND TWO HUNDRED DOLLARS ($ 834 200.00), exclusive of interest and protective advances authorized eF rein
<br />or in the loan agreements ; provided further, that G�NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR
<br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN
<br />ADVANCED.
<br />This Trust Deed will be due March 01, 2022.
<br />Ap #: 00307909; Primary Customer ID #: 00007492; CIF #: 10062 Legal Doc. Date: June 11, 2003
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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<br />For filing purposes only.
<br />FORM 5011
<br />(1 -2003)
<br />RL`TURN TO Farm Credit Services of America, P.O. Box 5080 Kathy Schulte
<br />PREPARER: Grand Island, NE 68802 -5080 (800)503 -3276
<br />HOMESTEAD DESIGNATION WAIVER
<br />In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat. Sections 76 -1901, et. seq., as a preface to the
<br />execution, and as a part of the following Trust Deed, the undersigned Trustor(s) being first duly sworn, elects to Waive the Right to Designate a
<br />Homestead.
<br />I /We understand that I /we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes
<br />a waiver of rights otherwise available to me /us for the purpose of affording me /us the opportunity to retain my /our homestead in the event of a
<br />default upon the Trust Deed.
<br />Farm Credit Services of America
<br />TRUST DEED AND ASSIGNMENT OF RENTS
<br />Trustor(s):
<br />WAYNE D STOLTENBERG and MARY V STOLTENBERG, husband and wife
<br />Mailing Address:
<br />4699 W ABBOTT RD
<br />GRAND ISLAND NE 68803 -9455
<br />This Trust Deed and Assignment of Rents is made June 1 1 2003, by and among the above named Trustor(s) and AgriBank, FCB, "Trustee," whose
<br />mailing address is PO Box 64949, St. Paul, Minnesota 5 )2[-0949, and Farm Credit Services of America, FLCA, "Beneficiary," whose mailing
<br />address is 5015 S 1 18th St PO Box 2409, Omaha NE 68103 -2409 in consideration of the advance by Beneficiary of the principal sum specified
<br />below, the receipt o w is is ere y ac now edge rustor s irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF
<br />SALE, for the benefit and security of Beneficiary, its successors and assigns, under and subject to the terms and conditions of this Trust Deed,
<br />the property, located in Hall County(ies), State of Nebraska, and described as follows:
<br />SW 1/4 of Section 12, Township 12 North, Range 10 West of the 6th P.M., Hall County,
<br />Nebraska, EXCEPTING therefrom a tract of land more particularly described in
<br />Document No. 76- 005969, recorded in the Register of Deeds Office, Hall County,
<br />Nebraska; and excepting a tract Platted Meierstead Second Subdivision, as shown on
<br />the Plat recorded as Document No. 88- 106058.
<br />N 1/2 SW 1/4 of Section 27, Township 12 North, Range 10 West of the 6th P.M., Hall
<br />County, Nebraska.
<br />W 1/2 NE 1/4 of Section 34, Township 12 North, Range 10 West of the 6th P.M., Hall
<br />County, Nebraska EXCEPT Lot 1, Johnson Acres Subdivision, Hall County, Nebraska.
<br />together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br />improvements now on or hereafter placed upon the property; all appurtenances, water, irrigation, and drainage rights; all rents, issues, uses, income,
<br />profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of whatever nature, including geothermal resources; all personal property
<br />that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br />accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br />or in any way pertaining to the property, 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 property, now or hereafter issued, extended or
<br />renewed by Trustor(s), any State, the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br />referred to in this document as the "property."
<br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described
<br />promissory note(s), and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at
<br />the request of, and to or for the account of Trustor(s), or any of them, for any purpose, plus interest thereon, all payable according to the terms
<br />of the note(s) or other instrument(s) modifying the same.
<br />Date of Note Principal Amount
<br />02/27/1996 110,000.00
<br />04/03/1997 248,000.00
<br />04/27/2000 200,000.00
<br />03/15/2002 151,200.00
<br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one time will not exceed the sum of EIGHT
<br />HUNDRED THIRTY -FOUR THOUSAND TWO HUNDRED DOLLARS ($ 834 200.00), exclusive of interest and protective advances authorized eF rein
<br />or in the loan agreements ; provided further, that G�NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR
<br />ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN
<br />ADVANCED.
<br />This Trust Deed will be due March 01, 2022.
<br />Ap #: 00307909; Primary Customer ID #: 00007492; CIF #: 10062 Legal Doc. Date: June 11, 2003
<br />FORM 5011, Trust Deed and Assignment of Rents Page 1
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