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<br /> ��"' ' ACKNOWLEDGMERIT OF DEED OF TRUST AS SECURITY INSTRUMENT
<br /> N We, J�I�rk A. B�k�r and D�bra A B�kar Husband and Wif� � Joint Tenante `� -
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<br />:�:-,...�,. .('Trustor"1
<br /> under tho tollowing Deed of Trust to be entered Into among Trustors, Aroncf R. Besck,_Attornav at Law P• O. Box
<br /> '� 790 Orand Isl�nd N�braska 68802
<br /> �- ,('Trustee"),
<br /> � ,,,r�.;r� end Th�Ovsrl�nd N�tional B�nk of Carand Isl�nd
<br />�,;� : , ('Benefldary")covedng lhe property descdbed halow hcreby acknowledpe thnt it is understo�d that (a) the Deed of Trust to be
<br />_ _ , executed by Trustor Is a trust deed and not a mortgage end (6) the power ot salo provlded for In the Deed of Trust provldes
<br /> „ substnntleliy dHfarent righis and obllgatlona to the Trustor thsn e mortgage In the event of defauft or breach of obligatlon.
<br /> Truntor acknowledgea that this Acknowledgment was made prlor to the executlon of the Daed af Trust.
<br /> Executed and delivered thls 16th day of DBGOmk�o� , 19 7
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<br /> , Trustor stor Mark . BY Y ^
<br />-;;' . ' r rr�sro. T� ra A. B k�r
<br />-- �" � " DEED OF TRUST
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<br /> F�� THIS DEED OF TRUST ('Secudty InstrumenY) la made on D�ceMber 16th 1997 ,
<br /> s ' '�'''{ The tn,s�or Is M�rk A Bak�r and D�br�A. B�ksr_. Husband �nd Wif� As Jolnt Te��nts
<br />_.;�, _. . , ('eonower").
<br />-p`^'"'`°T The trustee is Arend R. Baeck, Aitom�y st Law P. O. Box 79a. Grand Island�Nabr�sk� 68802
<br /> -�.,-.0 .�e . ('Truatee').The beneflclery la
<br />�:;`:'�`"°'' : Ths Qvsrl�nd Neitlonal B�nk of Orand laland whlch la oryan�xed end exiating
<br />-.. ,,��,w•
<br /> � J :►��.tik'' under ihe laws of Th� Unit�d States ef Amerlca ,and whoAe address Is 304 West Thlyd Str��t
<br />�r`°�='� . C�rsnd Isl�nd NE 68801 (•Lender'),
<br /> y�''' � Borrower owes Lender the princlpel sum of 7!t_Irt�Elght Thousand Ons Hundred and 00 100
<br />-�. 'y�•.`; Dollars(U.3.3 38,100.00 ). Thls debt Is evldencai by Borrower'e note
<br />� ' dated Ihe seme date ae thls Security Instiument (°Note'�, whlch provldea for monthty puyments, wRh the full debt, it not psld
<br /> Y= � eadier,due end payable on December 16. 2002 .
<br /> - ._ =�+ This Security lnstrument secures to Lender: (a) repayment of the debt evidenced by the Note, wfth interest,end all renew�ls,
<br /> extenslona and modlficetions of the Note; (b) the paymsnt of all other sums, with interest, advenced under peragraph T to --
<br />�� ,<<<: .. ,� V protect the aeourfty of thls Secudty Instrument; and (c) the perlortnence of Bortowur's covenants and agreemento. For thls
<br />�;•,+�.`=;_";- ';; purpose, Borrower Irrevocabty grants and conveys to Trustee, In trust, with power ot sale, the toilowing described property
<br />- - located In Hall County,Nebraske:
<br /> �. Lot Eleven (11), in Spelts Schultz Additinn to the City of G�and Isiand. Hall County. Nebraske
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<br /> which has the nddress of 506 S Plum St., . Grand Island.
<br /> Nebraska 688�0p1 ("Property Address"); 51'"�' ���Y
<br /> �—� � _�y
<br /> �I Form 3o2tl 9I90 NEBfiAS�V1 5in91��Famuy FNMNfHLMC UNiFORM INSTpUMCN1
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