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<br /> , ACKNOWLEDGMENT �OF DEED OF TRUST AS SECURITY INSTRIlM�NT ( }
<br /> . .r� ``
<br /> � We, Martin 6i Boll�� �nd Stsoh�nle A Bolles Husba�d snd Wffs Aa Jofnt Tenants �?��
<br /> e. '
<br /> � ,("TruRtor")
<br />'1. under the falluwing Deed ol Trust to be entered Into among Trustars,Arend R Baack Attornev at Law, P. O. Box
<br />- �. 790 Orand Island N�braska 68802
<br /> ,('Trustee").
<br /> and The Overls�d National Bank of Ora�d Island J
<br /> ("Beneflclary')covering the property described below hereby acknowledge that It Is understood thet(a)the Deed oi Truat to be
<br /> �_ executed by Trustor Is a truat deed end not a mortgage end (b) the power of sale provided for In the Deed of Trust provides
<br /> � substantlally diHerent �IghtE end obligatlons to ine Trustor ihen e moRgage in the event of default ar breach of obligatlon.
<br /> � Trustor acknowledges that thls Acknowledpment was made priar to ihe executlon of the Deed of Trust.
<br /> Executed and delivered this 19th day of Decembe� , 199
<br /> A
<br /> -'� T,�SCa, r��sto� artin . Boli�s
<br /> Q
<br /> _ _—� ���5co� •�^',�.:a�shMril.. ::. B;s!le..
<br /> ' �. DEED OF TFiUST
<br /> ;,
<br /> ' THIS DEED OF TRUST("Security InstrumenP) Is made on DNCStttber 19th 1997 •
<br />� ' ' Tne tn,stor�s Martin R Bollea and Steahenle A Bolles Husband and Wifa. As Jolnt Tanants
<br /> . (Bortuwer ).
<br />� The trustee Is Arend R.Baack.Attornev at Law,P. O. Box 790, Grand Island, Nebraska 68802
<br /> , ,. � . ('Trustee').The beneflclary Is
<br /> � The Overlend Natloml Bank of Grand Island which ia organized end exlsting
<br /> ` ' '�" - under the lawa of Ths Unitod St�tse of America ,and whose address fa 304 West Thlyd Strsst
<br /> . � � �r�nd Isl nd NE 688Q1 _. ('lender").
<br /> Borrower owes Lender the principal sum ot hirtV One ThOUeand FiftV end 00 100
<br /> Oollars(U.S.S 31,050.00 `). Thls debt Is evldenced by Borcower's note
<br />-• • dated the same date as thls 3ecurity instrument ('Note'►, whlch provldes for monthly payments, wlth the full debt, If not pald
<br /> earller,due end peyable on JanuaN 1 2003 •
<br /> Thls Security Instrumunt secures to Lender: (a) repayment of the debt evldenced by the Note, with Interest, end all renewals,
<br />��` extenslons and modilicatlons of the Nota; (b) the payment ot all other sums, with Interest, advanced under paragreph 7 to
<br /> = protect the securlty o( this Security Instrument; and (c)the perfortnence of Bortowor's covenants and agreements. For this
<br /> , purposo, Borrower Irtovocably grants and conveys to Tn�stee, In trust, with power of sale, the tollowing descrfbed property
<br /> ' located In Hell _ County,Nebreske:
<br /> All of Lot Twon�y-two (22) and the West Twenty-six and a Half Feet (W26.5') of Lot Twenty- three
<br /> � (23), all !n Block Three (3), Blaln Additiun, an Additfon to the City of Grend Island, Hell County,
<br /> Nebraska
<br /> which has the address o�552 East 18th Street . Grand Island
<br /> I Nebraska 68801 ("Property Addruss"): °������ Q����Y
<br /> 1.ip cod�— �/�
<br /> Nnru� 1�12tl ANO NEBFiA5N/�S�n41�•Fn���ry fNMA/fH.MC UNIIOqM IN:7HVSICNT /'-�// /
<br /> Ft.11G.1M(1 (1/971 1ti���• t ..1'� _.L—C-��
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