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<br />ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT
<br />~
<br />
<br />,("Trustor") ~O
<br />under the foDowlng Deed of Trust to be entered Into among Trustors, National Bank of Commerce Trust and ~
<br />Savlncls Association, 13th and MOM Street, Uncoln, NE 68508
<br />
<br />:-
<br />
<br />
<br />We, Wayne P, Perzee and Ch,rvl L Perzee . Husband and Wife
<br />
<br />. ("Trustee"),
<br />
<br />and The Overbnd National Bank of Grand Island
<br />("Beneficiary") covering the property descrtb".;d below hereby acknowledge that" Is understo,d thpt (a) the Deed of Trust to be
<br />executed by Trustor Is a trust deed and not a mortgage and (b) thp, power of sale pro'/lded for In the lJeed of Tnlst provides
<br />sunslantlally different rights and obngatlons to the lrustor than a mortgage In the event of default ,:"r brear;h of obHgatlon.
<br />
<br />Trustor acknowledges that this Ac\(l1owledgment was made prior to the execution of the Deed of Trust.
<br />
<br />Executed and delivered this 1J..!!!.- day of December
<br />
<br />
<br />TrU~lOt
<br />
<br />Tru:"tor
<br />
<br />"~;"
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ('Security Instrument") is made on December 17th
<br />The trustor Is Wayne P. Perz88 and Cheryl L Perzee , Husband and Wlf.
<br />
<br />1993
<br />
<br />(" Borrower").
<br />The trustee is National Bank of Commerce Trust and SavlnQs Association. 13th and "0" Street!..
<br />Lincoln, NE 158508 ("Trustee"). The be-neficlary Is
<br />The Overland National Bank of Grand Island . which Is organized and exlsllng
<br />under the- laws of The United States of America . 1l~,J whose address Is 304 West T~lrc~ Street
<br />Gran_d Isl;md, NE 61!801 " ("lender").
<br />Borrower owes lender the principal :\um of One Hundred Thlrte'i'n Thousand Seven Hundred and 00/100
<br />Dollars (V,9.$ 113,700.00 I. This debt I, evidenced by Borrower's note
<br />dated the same date as this Security Instrument ('Note"), which provides for monthly payments, with the lull debt, If not paid
<br />earlier, due 1I11d payable on ~.anuary 1, 2024
<br />This Security Ir.strument secures to lender: (8) repa~ment of the debt evidenced bylhe Note. with Inte;-est. and all renewals,
<br />extensions and modlficallons 01 the Note; (b) the payment of all other sums. with Interest, advanced under paragraph 7 to
<br />protect the security of thl3 Security Instrument: and (c) the perfonnance of BorrC'wer'a covenants and agreements. For this
<br />purpose. Borrower Irrevocably grants Bnd conveys to Trustee. In lrust. with power 01 aale. the following descrlbed property
<br />located In Hail County. Nebraska:
<br />
<br />Lot Ten (10) In Eagle Lake Estates Subdivision, Hall County, Nebraska.
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<br />which hilS Iht'lllrJdress of 1~_L_L1nd_~n__~..,.__._...__m ,Orand.J8!l1nd,'_________r.T______..
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