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� � l 89�-.. 1 U6�'73 � LN il 210048811 DISCL�OSUAE TQ:- O1TT.T.SAn (d_ [`ANTTN an� T.TTf'TT.I'.fi E' `(,aN7TTA1 hereinsfte�designated Trusto�s. � Occidental Nebraska Savings Bank, F.S.B., hereinafte��efened to as Beneticiary, does by thfs Discbsure state that the to�m of security agreement securing p€�yment of a P�omissory Note to be executed by Trustora Is a T�ust Deed which incorpotates the provisions oi the Neb�aska Trust Deed Act. Said Deed of Trust covers the toilowing desc►ibed property: I LOTS SIX (6) AND SEVEN (7) , IN FRACTIONAL BLOCK TWENTY FOUIt (24) , IN HAKER'S ADDITION TO : � TAE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. i � I i - i . � � � � Beneficia discloses to T�ustor that said Trust Deed is not a Mort a e,and, r�� rY g g further.that the T�ust Deed provides :_ - � a,xitiar af��3��i�a�:u�ive, w;,icn pvwer oi saie is exercisabie unaer t�e pravistons of ttte Nebraska T�ust Qeed Act - :.{- ; without the approval of any Court. The Trust Deed provldes substantiaily different rights and obligations to the Trustor � than a Mortgage in the event of a default or breach of obligation by the Trustor. i - j If the Trustee exercises the power of sale upon the occurance o!Trustor's default wlthout cure�the Trustor has no � reght ta prevent a sale if the tlme granted by the T�ust Deed to cure a defauit has expired. - � � _ iDATE{� TfF.[`F.MRF.A d�7 QAA � , J OCCIDENTAL NEBRASKA SAVINGS BANK. F.S.B. j B ��n�oca Q(,.e�_ono,, � y �� . �� � . --- We,the undersigned, have applied to Occidental Nebraska far a toan.The loan wiil be evidanced by a Promissory ''"�- Nota, the payment of which is to be secured by a Deed of Trust. We have read the above Disclosure presented to us i� by Occidental Nebraska. We acknowledge and understand that the dxument we a�e executing is a Trust Deed and not a Mortgage.and that the power of sale provided tor in the Trust Deed provides substantially different rights and obliga- � tions to Trustors than a Mortgage in the event of a defautt or breach of obligation. � _ _ i We, the Trustors. acknowtedge that this Disctosure was made prior to the execution of the Deed of Trust. � � � � / --�` DATE _nF��FU d,.i.98.9 �UlQE.QiI.a� �J �a�/ �, WILLARD W. CANTIN TRUSTOR , , ` � �c2%vL�1� LUCILLE F. CANTZN TRUSTOP STATE OF NEBRASKA j ; -� � ) ss. � COUNTY dF �y ) � The foregoing instrument was acknowledged before me this�TH day of nE��,�� � � ig�_ by wrT.r.nur� w_ r+nrtmrN n *++ ttirTrrF F rn *mr * urrannun nJ� WxFE , ^ --__ , Trustors. ., � �, a �• 6E�AA1 MOIAAY•Stabet 1.�._.� _. ---- '��/G"hC►-.l' ��c.� 'LYrt,�Q�'.e, ---- - � LINOA08ERMIlLET ---- aornnr Pueuc --" ��,ExD.IMrth 1.1993 �-� RE��3a 6VLt t089 � -