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1 � <br /> I <br /> I <br /> � <br /> � '.?��) <br /> r •����w���rrr��vaw��� , <br /> � a�K�o��.EOC����� 9�� �.0 i�2 4 2 <br /> GRAND ISLAND , Nebraska ���1 � 198� <br /> �: <br /> Pursuant to §78-1005 R.R.S. 1943. as amended by LB 8T9, eftective July 10, 1984, and betore executing any <br /> desc�ibed Trust Deed,the undersigned acknowledge(s)to:Unlon Mortgage Company� Ina the 8e�eficiary in the <br /> herei�afte� T�ust Deed, and ta Paul J. LaPuzza. Attorney at Law, the Trustee 1n said Trust Oeed, that the <br /> undersigned(is)(are)about to execute,acknowledga.and dellver a certain Trust Oeed on real estate legally desc�ibed <br /> as: <br /> � LOT ONE HUNORED AND EIGHT- <br /> . � <br /> OF GRANO ISLANO, HALL COUNTY, NEBRASKA . <br /> which Trust Deed will be given to secure a promissory note of even date f�om the undersigned to the Benetici�ry. <br /> The undersigned understand(s)that the document the undersigned is about to execute is a Trust Deed, and <br /> not a�eal estate mongage�which will be given to secure the payment oi the promissory note.There will be a power <br /> of sale in the Trust Deed.A real estate mortgage subjects the property to a lien.The Trust Deed is a conveyance <br /> of the property tor ti�e purposes therein expressed; whereas a mortgage is conditional and defeasible. A Tfrust <br /> Deed is executed to a Trustee who may be different than the Beneflciary. The ordinary mortgage is usuaily <br /> executed dl�ectly to the creditor to be secured. <br /> The undersigned understands that a power of sale providas for substantiaiiy diHerent�ights and obligations by � <br /> the underslgned when compared wlth a real estate mortgage, in the event that the u�dersigned defaults under <br /> ths terms of the promissory note and Trust Deed.The undersigned acknowledge(s)thal a T�ust Oeed,in the event � <br /> of a deiault by the undersigned.involves a nonjudicial foreclosure.There will be no stay of execution or other rights . <br /> usuaUy associeied with e rea# eslate foreclosufe. <br /> ' Afte�the expiratlan of one month from the filing of a Notice of Defauit with the Register of Deeds in the above- �__��_ <br /> mentlaned Gounry,and service of a copy of the notiCe upon the undersigned by certified maiL or publication. as '-.-" ' <br /> provlded by statute, the T�ustee may cause a legal notice of Trustee's Sale to be placed in a lega! newspaper in � �� - <br /> the above-mentioned County,which publication shall take place once each week for flve consecutive weeks. No � - <br /> sooner than ten(10)days,nor more than thirty(30)days aner the last putrHaation,the Trustee may canduct a pubUc � _- <br /> sals at either the property itseii or at the Counry Court House of the above-mentioned County.setling the property = <br /> to the highest bidder for cash. � GRAND ISLAN t� <br /> IN WITNESS WHEREOF, the undersigned have executed this A�cknowledg�nent at ,ONebraska �;, " <br /> on the date set forth above. _ <br /> � <br /> . t <br /> " PAMELA SUE BEHRING ;�,?�`� <br /> :�..: <br /> � . <br /> ,r`-�; - <br /> I:::Tli i�N � . .' <br /> STATE OF NEBRASKA i:_'�:(�N °iuR"'��, �Y: ,.� .` �� : , <br /> , ,. '� i. ^ o <br /> couNnr oF Ha�� � I ss. L,_�.,::,:�G�1�.;��.�• `.� . ; .�:�� :, <br /> �J L <br /> ,'.���j L'-tf�: 'd.l:`A <br /> Execution of the foregoing instrument was acknowledged before me on � ! 9 , 19 �_, <br /> by <br /> �L MfMr ipM�t NeDruk2� <br /> IqlE R JONN�TO � . <br /> I�Cr�. • <br /> �, Notary Public .--_--__ <br /> FORM 26103 � <br /> i <br /> �' <br /> �- � � � � <br /> N <br /> y ��� <br /> f �! <br /> d� <br /> /;: � � <br /> �! ut <br /> �`j/a�, <br /> ��� ` <br /> �, j`i <br /> :t'�f <br /> � F�� <br /> ;t, <br /> . _ ,r` <br />