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<br /> 99 109361
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<br /> ACKNOWLEDGMENT OF DEED OF TRUST
<br /> BORROWERS READ THIS BEFORE SIGNING:
<br /> iBorrowers (whether one or more) understand that the document that the Borrowers are
<br />, about to execute is a Deed of Trust and not a mortgage and that the power of sale provided for in
<br /> the Deed of Trust provides substantially different rights and obligations to the borrowers than a
<br /> mortgage in the event of a default or breach of obligation under the Deed of Trust, including, but
<br /> not limited to, the Lender's right to have the property sold by the Trustee without any judicial
<br /> proceeding. Borrowers represent and warrant execution of the Deed of Trust.
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<br />� Robert L. Sieme Betty J. e ers
<br /> `BORROWERS"
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<br />� DEED OF TRUST
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<br /> THIS DEED OF TRUST is made as of the 22"d day of September, 1999, by and among
<br /> the TRUSTOR, ROBERT L. SIEMERS AND BETTY J. SIEMERS, husband and wife, whose
<br /> mailing address is 5076 W. Abbott Rd., Crrand Island, NE 68803 (herein "Borrowers") the
<br /> TRUSTEE, GRAND ISLAND TRUST & FINANCIAL SERVICES, INC., whose mailing
<br /> address is 1451 N. Webb Rd., Grand Island, NE 68803, (herein "Trustee"), and the
<br /> j BENEFICIARY, GRAND ISLAND TRUST & FINANCIAL SERVICES, INC., whose mailing
<br /> I address is 1451 N. Webb Rd., Grand Island, NE 68803 (herein "Lender").
<br /> FOR VALUABLE CONSIDERATION, including the indebtedness identified herein
<br /> created, the receipt of which is hereby acknowledged, Borrowers hereby irrevocably grants,
<br /> transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit
<br /> j and security of Lender, under and subject to the terms and conditions hereinafter set forth, the
<br />� real property described as follows:
<br /> SEE EXIIIBIT "A" ATTACHED HERETO AND 1NCORPORATED HEREIN
<br /> BY THIS REFERENCE.
<br /> Together with all buildings, improvements, fixtures, streets, alleys, passageways,
<br />� easements, rights, privileges, and appurtenances located thereon or in anyway pertaining thereto,
<br /> and the rents, issues and profits, reversions and remainders thereof, and such personal property
<br /> that is attached to the improvements so as to constitute a fixture, including, but not limited to,
<br /> heating and cooling equipment; and together with the homestead or marital interest, if any, which �.
<br /> interests are hereby released and waived; all of which, including replacements and additions '
<br /> thereto, is hereby declared to be a part of the real estate secured by the lien of this Deed of Trust
<br /> jand all the foregoing being referred to herein as the "Property".
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