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<br />AA 106684
<br />ACKNOWLEDGEMENT OF DEED OF TRUST
<br />T
<br />BORROWER READ THIS BEFORE SIGNING:
<br />Borrower understands that the document that the Borrower is:'r
<br />about to execute is a Deed of Trust and not a mortgage and that
<br />the power of sale provided for in the Deed of Trust provides
<br />substantially different rights and obligations to the Borrower
<br />than a mortgage in the event of a default or breach of obligation
<br />under the Deed of Trust, including, but not limited to, the
<br />Lender's right to have the Property sold by Uhe Trustee without };
<br />any judicial proceeding. Borrower represents and warrants that ..
<br />this acknowledgement was executed by it before the execution of
<br />the Deed of Trust.
<br />.t
<br />v. , seelg ser ”:
<br />l%✓
<br />Susan A. Hesse gesse�
<br />"Borrower"
<br />DEED OF TRUST +
<br />THIS DEED OF TRUST. is made as of the 23rd day of November,
<br />199 ^v, ii-' and among the T ustor, TED V. HIESSELGESSER and Si1SAN A.
<br />HESSELGESSER, husband and wife, whose mailing address is 419
<br />South Tilden, Grand island, NE 68901 (herein "Borrower ", whether
<br />one or more), the Trustee, AREND R. BAACR, Attorney -at -Law, whose -
<br />mailing address is P. Q— Box 790, Grand.Island, Nebraska 68802
<br />(herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND
<br />LOAN ASSOCIATION OF GRAND ISLAND, whose mailing address is 221
<br />South Locust Street, P. 0. Box 1009, Grand Island, Nebraska I
<br />68802 therein 'Lender").
<br />3NiR VALUABLE CONSIDERATION, including the indebtedness
<br />identified herein and trust herein created, the receipt of which
<br />is hereby acknowledged, Borrower hereby irrevocably grants..
<br />transfers, conveys and assigns to Trustee, IN TRUST, WITH POts73R
<br />OF SALSA for the benefit and security of Lender, under, •and
<br />subject to the terms and conditions hereinafter set forthe the
<br />real property, described as follows:
<br />Lot Cne (1) in Hesselgesser Subdivision, #
<br />the City of Grand Island, tall County,
<br />Nebraska;
<br />Lot Tw6: (2), in Hesselgesser Subdivision, in
<br />iihe City of Grand island, Hall County,
<br />Dry'braska ;
<br />Lots Eleven (11) , Twelve (12) and Thirteen -
<br />(13)., except the East 42.78 feet of Lots
<br />Twelve (12) and Thirteen (13) , Mehring and
<br />Giesenhagen Second Subdivision, Fall County, '
<br />Nebraska;
<br />Together with all buildings, improvements, fixtures,
<br />streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto,
<br />and the rents, issues and profits, reversions and remainders
<br />I
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