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RXGnLRM R. HOMEX PATRICIA M. HOLTZEN <br />To: and <br />hereinafter deskyaled Trustors. <br />OccidenW• Netwaska Federal Savings Bank, hereinafter referred to as Beneficiary. does by this Diaxiasure Mate <br />that the form of'secutity agreement securing payment of a Promissory Note to be executed by Trustors Is a Trust Deed <br />which Incorporates the provisions of the Nebraska Trust Dead Act. Said Deed of Trust covers the following described <br />property: <br />Beneficiary discloses to Trustor that said Trust Deed is nct. a Mortgage, and, further, that the Trust Deed provides <br />ap . ower of sale in the Trustee, which power of sale is exercisa6t cinder the provisions of the Mebmska Trust Deed Act <br />without the app sal of any Court. TI* -trust Deed provides siA*Untially different rights and kith otioris to the Trustor <br />than a MortqaW In the event of a def#Ajit or breach of obligation by the Trustor. • <br />If the Trus*qaxerclsw the power of sale upon the occurance of TruiWf,';s difaditWithout cure, the Trustor has no <br />rot to prevent.; it. .�ale if tl,* time gwzled by the Trust Deed to cure a default has expired. <br />vcf T mzrt 2,198* <br />DATED OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK <br />M23'ra <br />By <br />We, the undersiqlaid'Jiave applied to Occidental Nebraska for a loan. The W&I %4ill be evidenced by a Promissory <br />Note, the payment of which is to be secured by a Deed of Trust. We have read t1w,above presented to us Disda e u t <br />s r <br />by Occidental Nebraska. We acknowledge and understand that the document we am. amcuting.11 aTrust Deed and not <br />a 4A, e <br />.".IW ft power of safe provided for In the Trust Deed provides subMantially digit. ighlsw oblIga <br />'4'.tkWW'10-Tr than a Mortgap in the event of a defauliv breach of obligation. <br />We, IN TrusWs, acknowledge that this Ditwlosure; was made prior to the execution of the Deed of Trust. <br />SaTANDER 2"2989 <br />DATE _ - <br />REGI AM R. I"TZZN raa <br />PATRICIA M. HMTM <br />STATE OF NEBRASKA <br />ss. <br />COUNTY OF HALL <br />1ST SZPTDMER <br />The foregoing instrument was acknowledged before me this _day of--.- <br />1989 IRZGIMAID R. HOLTZZN AND PATRICIA M. HOLTZEN, HUSBAND AND W1FE <br />by <br />Trusturs <br />3 <br />�1 <br />■ <br />_1 <br />