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<br /> r LN # 22Q60118I '
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<br /> DlSGL�}SlJFdE
<br /> Tp:__JEFFERY P,. HEIN g�� 'PAMARp D. H�IN
<br /> � hereinafter deslgnated Trustors. � � �
<br /> � Qccidental Nebraska Savings 8ank, F.S.B., hereinatter referred ta as Heneficiary,does by this Discbsure sEate
<br /> , that the tarm of security agreement securing payment of a Promissary No2e to be executed by Trustors is a Trust Deed
<br /> +�rhich incoPporates the provlsi�ns of the Nebraska Trust Deed Act. Said Deed of Trust covers the foilowing described
<br /> RroP�►!=
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<br /> LOT 29, WES'A'WOQD PARK SEC�ND SIIBDMSION, AALL COUNTY, !s1EBRASI�►. � , '
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<br /> Beneftciary disc�o��;,.rQ T'r�,+,�r, that said Trust Deed"c�;uat a Mortgage,and,furth$r.that the Trust Deed providos ,�
<br /> : a power of sale in the Trus:�e.v,iri��.y�ower of sale is exercisabte under the provisians of the Nebraska Yrust Deed Act
<br /> . without the approval of an�Ccu�r_ '�;ze Trust Deed provides substantially dlfferent rights end obligations to the Trustor
<br /> . th�n a Mortgage in the�k�.-.t�f a default or breach of obligation by the Trusior.
<br /> , if the Trustee exercise�the p��,;,r of sa(a upan tho occurance of Trustor's defautt without cure,the Trustor has no � �
<br /> right to prevent a sale il tha time granted by the Trust Deed to cure a dafault has expired.
<br /> ' DATED FEBRiT1.�S? 9,1990 OCCiQ�NTAL NEBRASKA SAVINGS BANK, F.S.B.
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<br /> � ; - ey ��o��..�,, � ..
<br /> ' � We,the undersigned,have ap��ic.ad to Occidental Nebraska for a loan.The toan wilt be ev:�anced�y a Promissory ���'
<br /> Note, the payment of which is to be�2cured by a Deed ot Trust. :�+� have read the above Dis�losure presented tv us � �
<br /> '• � by Occidental Nebraska.We acknowledge and understand that the dacs�mvnt we are executirc��<s a trust Deed and not
<br /> a Mk�rtgage, and that the power of sale provided tor in the Trust Deed provides substantialty cYi��rent rights and obiiga-
<br /> tioRS to Trustors than a Mortgage in the event of a detauit or breach o}obUgation.
<br /> � We.the.Trustors,acknowted�s f.t�at this Disctosure wras made prior to the exscution oi the Deed o'r�'rust.
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<br /> , oaTE FRARI11a1�T�_ 9.�.9°f�_� .._._. � �. ��-►-� `
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<br /> _ :A:�AR2� D. HEIN TQUSTOR �
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<br /> ,� STATE OF NE6RA5KA �
<br /> COUNTY OF H11LL ) ss.
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<br /> Tha torggoing instrum�nt was acknowtedged batore me this 9Tli _ d�y Of, FEBRUAItY.
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<br /> 199b by JEfiFF.RY A. HE7lJ AtJU T�11hiAR11 t�. IIF.'[f�,_ FfiT]SE3AP3D Jyp7U �aIFfi h,
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