89104546 - Laserfiche WebLink

Browse

rt mmmus I�f�ALaA1 �A :. IN 0 220601113 DISCLOSURE " _ 10454 6 : ttN>1?IM 1. 1.AV12t t4AR.TARI& Da:;•!.AVITT To: hweilmW r Oesignrt *d Trustors. Occidental Nebraska Fedoras Savings Bank. hereinafter refyrred to as l3eneficiary4`xipet by Shia apclosw-41 :} e that tfte brat of secwity.agreemertt securing payment of a Rromissory Nof* to Prexscu rid Trr a Trust bleed '. wftich Incorporates the provisions of the Nebraska Trust Deed Act. Said :bead 004 cwt rs Mi.1040 169 described p1wel T f s LOOM EIQNTiU (18) AND NIMMEN (19) IN HAYMPRE PLACE BTIAD' :A''SU36i tSION O! .PART OF TO VOR'1'lN1M QUi1>A't 9 (NN114) OF H..CTION TWENTY TWO (22) , TOM tfttF PfI3Nl'M (11) t10R'PA, RAN= MINE' (9) WEST OF THE SIXTH PRINCIPAL MERIDIAN, GRM TSUUFD, HAIL COUNTY, J ' MillRASKA. Beneficiary discloses to Truritur that said Trust Deed is not a Mortgage, and, further, that the Trusk U7cvd'provides a power of safe In the Trustee, which power of sale is exercisable under the provisions of the Nebrasilm TrW tJW Apt without the approval of any Court, The Trust Deed provides substantially different rights and obligafiens. til• ti•,�_T",vuwtor than a Mortgage in the event of a default or breach of obligation by the Trustor. If the Trustee exercises the power of sate upon the occurance of Trustor's default without cure, I* Tlustor has no right to prevent a sale it the time grnntod by the Trust Deed to cure a default has expired. AUGUST 28,1989 DATED OCCIDENTAL NEBRASKA FEDERAL SAVINGS SANK By We, the undersigned, have 8040 to Occidental Nebraska for a loan. The loan will be evidenced by a Promissory Note, the payment of which Is tO be Secured by a Clued of Trust. We have read the above Disclosure presented to us by Occidental Nebraska. We acknow*hp avid understand that the document we are executing is a Trust Deed and not a Mortgage, and that the power of sale piovxWl for in the Trust Deed provides substantially different rights and oblo- tions to Trustors than a M01`100 ill tfts event of a default or broach of obligation. We, the Tnrstors, acknowts Q9 that this Disclosure was made prior to the exoption of the Deed of Trust. AUGUST 28,1989 �, ` y/', -�y Ise C HAPTTN P. CAVITT ir+r,7�0e J -- E HJ4RJf�1RC ><,. t_'AVI '"ust,x, STATE OF NEBRASKA r �7 COUNTY OF HALL I 1HTII AUrn ;T The foregoing snatrunmnt was atkfv(.#►v'ibt#"I Iififnrp mH thll) day of 1�Jt1y NAVrXX h. C'AV11wr AND "Aplycifirrr r., CAViiT, IIfISHANU ANI� WIFE - by Tiustors � M Nsf aw t�NAAIDIEAM1ltE11 - w4Ml..t�,tlYrMi:ttt�n ♦ �' p.: � 'r.. �. -�i .r; �, 'r. t" _c.l �'1 '� I r w. • e