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<br /> � ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRiJMENT' --
<br /> � We,Ever�tt C Wll����—a�d Dlane L Wilev . Husband and Wlfe As Joint TenanCe �� _
<br />� � . —� ,("Trustor") C
<br /> � � Into emon Tn�stors, Arend.R. Baaak Attornav at Law P. Q• Box �
<br /> .�i' under the tollowing Deed of Trust to ba ontorcd 9 -- _
<br /> . 790 Grand Isla�d Nabraska 88802 — ,�•Tr�stea"),
<br /> end Ths Overland Natlonal Bank of arand Island
<br /> • " ('Beneflckry'1 covering the properry des�ribed 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 e mortgtsge and (b)the power ot sale provlded tor fn the Deed o1 Trust providea
<br /> substantlally di(ferent rlghts and obllgetlons to the Truator than a moRgage In the event of detault or breach of obllgatlon.
<br /> • Trustor acknowledges that this Acknowiedpment was made prlor to the executlon of fhe Oeed of Trust.
<br />• ExecutQd and dellvered thls 2nd day ot December , 1997
<br /> G^ )uA/� ,
<br /> • rr or gyerqn C. Wlle J .�. "
<br /> i; _ .=--n — nu�tur j �� � _
<br /> � /L/T
<br /> r��ato� Dltn• L. Wtley
<br /> rmstor
<br /> : DEED OF TRUST
<br /> � 1 THIS DEEO OF TRUST("Security InstrumenY)is made un December 2nd
<br /> 1997 • -
<br /> ! Tho trustor Is Everet! C. Wilev. Jr and Diane L Wiley Husband and Wife As Joint Tonanti eorrower').
<br />`� ..... .
<br /> . . The trustee is Arend R Baack, Attornsv at Law P. O. Box 790 Grand Island, NebNStee°)6B e�benenciary Is
<br /> _ .i which Is organized end axisting
<br /> The Overland Natlond B�nk of Grand Island a�d whoso addross Is 304 Wast Third Strest
<br /> under tne lawe of Thp United States of America (°Lender').
<br /> Orand Island. NE 68801
<br /> Borrower owes Lender the princlpal sum ot Fliteen Thousand FiftV Nlne and S6 100
<br />' Dollnrs (U.S.S 15 059 85 1. This debt Is evidenced by Eiorcowers noto
<br /> c.1 dated the same date as thls Security Instrument ("Note"), which provldes tor monthiy payments, with the lull debt, It not paid
<br /> � earller,due and peyable on DeC9ti1b8Y 2 2001 _ -
<br />- , Thls Secudty Inatrument seoures to Lender. (a) repeyment of the debt evidenced by the Note, with interest, end ell renewels,
<br />_ � extenslons and modiiicatlons of tho Note; (b) the payment ol elI other sums, with Interest, advenced under paragraph 7 to
<br /> protect the security of thls Security Instrument; end (c) the performance oi Borrower's covenents and agreoments. For thls
<br /> ,.� purpose, Borrower Irrevocably grants end conveys to Trustee, In trust, with power of sale, the followfng described pruperty -
<br /> located In Flell County. Nebraska:
<br /> Y � Lot Three (3) in Block Thirteen (13), of Schimmor's Addttion to the City of Grand Island, Hall
<br /> � � County, Nebraska.
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<br /> I , Grand Island�_
<br /> which has the address of 711 West 15th Street, � ' -- ;,,Y
<br /> Nebraska 68$01 fproperly Address'): ��/� I
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