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<br /> � ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT
<br /> we, Timothy Ziller and Cynthia Ziller , Husband and Wife, As Joint Tenants � �
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<br /> ,c'Tr�sco�°> ��✓
<br /> under the following Deed of Trust to be entered into among Trustors, National Bank of Commerce Trust and \
<br /> Savinqs Association 13th and "0" Street Lincoln, NE 68501
<br /> ,("Trustee"),
<br /> and The Overland National Bank of Grand Island
<br /> ("Beneficiary") covering the property described below hereby acknowledge that it is understood that (a) the Deed of Trust to be
<br /> executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides
<br /> substantially different rights and obligations to the Trustor than a mortgage in the event of default or breach of obligation.
<br /> Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust.
<br /> Executed and delivered this 20th day of A�FII , 199
<br /> T��S�o� T��sto� Timot y i °
<br /> �
<br /> T��Sto� T��s��� C hia Zil er
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST ("Security InstrumenY') is made on A�I'll 20th , 1998
<br /> The trustor is Timothy Ziller and Cynthia Ziller , Husband and Wife, As Joint Tenants
<br /> ("Borrower").
<br /> Tne trustee is National Bank of Commerce Trust and Savings Association 13th and "O" Street Lincoln,
<br /> NE 68501 ("Trustee"). The beneficiary is
<br /> The Overland National Bank of Grand Island , wn�cn is organized and existing
<br /> under tne iaWS of The United States of America , and wnose address �s 304 West Third Street
<br /> Grand Island, NE 68801 ���Lender"�.
<br /> Borrower owes Lender tne principal sum ot NinetV Four Thous7nd Five Hundred and 00/100
<br /> Dollars (U.S.$ 94,500.00 ). This debt is evidenced by Borrower's note
<br /> dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid
<br /> earlier, due and payable on M8V 7, 2013
<br /> This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with interest, and all renewals,
<br /> extensions and modifications of the Note; (b) the payment of ali other sums, with interest, advanced under paragraph 7 to
<br /> protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located in H811 County, Nebraska:
<br /> Lot Twenty-One (21), Block Two (2), Continental Gardens, an Addition to the City of Grand Island,
<br /> Hall County, Nebraska.
<br /> which has the address of #21 VI8 C01T10, , Grand Island,
<br /> Nebr8Ske 68803 ("Property AddreSS"); street City
<br /> Zip Code /�
<br /> Form 3028 9/90 NEBRASKA Single Family FNMA/FHLMC UNIFORM INSTRUMENT /,`�
<br /> F1318.LMG (1/97) Page 1 of 5 �
<br /> 98040
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