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89=- 144947 t. it c 'LN # 220601111 DISMOSURE MILTON G. MIPAVZX CHRISfiXW, M. KISER To. and ' hweinafter; des+gnaited Trustors. .: Q cidental Nebraska Federal Savings Barth;;it -Aafter referred to Beneficiary, does by this Disclosure td>tMe that tfil: totm of security agreement securing paymil Cff a pramissory Note to be executed by Trustors is a Trust Deed which incorporafwj a provisions of the Nebraska Trust Deed Act. Said Deed of Trust covers the following dowribed property. THE EAST OHE�_THIRD (1J3). OF MT THIRTEEAi (13)', AND THE WEST FIFTY -ONE AND TWENl'Y -dl[iE MWDIMI)THS (51.21) FEET OF LOT FOijKIM (14) , BLOCK 0t!t8 (1) , IN BEi. -AIR ADDITION• TO TW CITY OF GRAND ISLAND, HALL COUliT1T g: �PRASKA. Beneficiary discloses to Trustor that said Trust Deed is not a Mortgage, and, further, that the Trust Deed,;mridbs a power of sale in the Trustee, which power of sale is exercisable under the provisions of the Nebraska Trust . Act without the approval of any Court. The Trust Deed provides substantiall y dlfterent rights and obligations to the Trustor than a Mortgage in the event of a default or breach of obligation by the � Fz. r. If the Trustee exercises the power of t 5s upon the occuran;�a of Trustor's default * tfiout cure, the Trustot has no right to prevent a sale if the time granted -by the Trust Deed to cure a default has expired. SEPTEMER 15,1989 DATED OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By We. the undersigned, have applies ttFOccidental Nebraaka:`or a loan. The loan will be evidenced by a Promissory Note. the payment of which is to be secured by a Deed of Trust: We have read the above Disclosure presented to us by Occidental Nebraska. We acknowtdge and undeV and that the document we are executing is :aTrust Deed and not a MWpge, and that the power of sale provided for kn ",te Trust Deed provides substantially different rights and obloa- tions to Trustors than a Mortgage In tfv: event -of a rS.=w;^tfdt onbreach of obligation. We, the Trustors, acknowledge that this Dis a wa made pr r execution of t Deed of Trust. SEPTD BER.is,1989 DATE a TRUSTOR MILTON�G...h10RAVf 7 i- L� .z t� r; 01 CHRISTINE H. KISER T USTOR «$TATS OF NEBRASKA ) _ _ _!bWNTY } ss. OF HALL ) 15TH SEPTEMBER . The foregoing instrument was acknowledged before me this day of_ 1989 HILTON G. MORAVEK, UNMAPPIED AND CHRISTINE M. KISER, UNMARRIED by-- - - - -- -- -- -- - - - -- - - -- - -- - -- - - - Trustor& a w t#IAIa �iM iilttlltY 4!i :��t(a r• t�f i�_ `� �'iit.c. �t E -. 7 i- L� .z t� r; 01