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<br /> �. � ` . � AC6CNOWLED�M�NT OF qEED �F Ti�lJST AS SECU '�'Y#r!S'Y'A�11�N �
<br />' �� ;, We, �erenl� U. Naleon ---, An 4lnmarried Peraan �� --
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<br /> .('Trustor")
<br /> , undor tho tollowinp Deed o}Truat to ba entered into among Truetore, Arend FI. 6Aack,,At�o�nay� Law
<br /> ,� . _ .�°7ruateo")� . -._...
<br /> , = and Tha Qverland Natlona! Bnnk of Qrar�d Islee�d - �-�
<br /> .. ('BenaBclary') coveriny the praperty desc�ibod bei�w hereby acknowladge thet it is underataod thr?t(e)the Qe�d o! Trust ta��
<br /> exocuted by Truator!s a trust deed und nut a morte�aga end (b)tho power oT sala provlded tor In the Oeed of Trust provlcles
<br /> t `� aubstenUalry diif�rent rlghts and otrtlgatlons to the Trustor than a morigage In the event ot doTault or breech of obNgstlon. —
<br /> ' Trustor acknowledges thet thls Acknowladgrnent wae made pdor to the executton of the Deed o}YNet.
<br /> � ������ Executed and de0vered this 17th . day o}OCteber , 1994
<br /> . . . b ��� _
<br /> � �. .
<br /> � �� Trustor rtigto.Dennis D. Nelaon
<br /> _ _ � Trustor Trwtor
<br /> �> DEED O� 7RUST
<br /> " THIS DHED OF TRUST''Secudry InstrumenY') Is mnde on OCtober 17th , �ggq �._,::
<br /> The tn,ator Is Dennis D. Nelson . An Unmarried P¢�rson F�'_'��
<br /> � (•'Borrower"). .
<br /> The tmatee is Arend R. Baaok, Attornev at Law
<br /> ; , ('Trustee").Tha beneliciary 13 ' �
<br /> The Overlae�d Pfatlanal �ank of OranoE Island ,whlch Is orgenized and exlsting �
<br /> _ ' � ' under the law3 of The Jnitc�d Statea of America _, and whoae addresa Is 304 West Thl�'d St�eSt
<br />,, .. �r�nd Island, NE 88801 (•Lender"�.
<br /> . 8o�rawer owes Lender the pdncipal sum oi Sixiv Thousand and 00/10�D „
<br /> . - Ooltars(U.S.$6Q.�00.00 1. Thls debt ia evidenced by Borrotiver`s note
<br /> ;. .�� • dated the seme date as thls Security Instrument ('Note"), which providos tor monthly payments. with the fuu debt, If not paid �
<br /> !� , eadier,due end payable on November 1. 1999
<br /> : , This Sncurity Instrument secures to Lender. (o) repayment oi the debt evldenced by the Note, with interest,and al! renewals,
<br /> " �r " exte�sions and modmcations ot the Noto; (b) the payment of all other sums, wi4h Interes4, ectvenced under parngroph 7 to ��
<br /> - protect the Facudry ot thls Secudry InsWment; and (c) tho pertortnance ot Borrower's covanants and asreements. For this
<br /> . purpoao, Borrower irtevoenby gmnta and aonveys to Trustee, In trust, wilh power ot saie, the following desalbed property �
<br /> ' located In Hal) , County,Nebre�ka:
<br /> tot Eight (8), Block nne iiundred Twenly Throo (123) Unlon Pacific Railway Company's Second
<br /> �' Addltien to fhe City of Grand Island, Hali County, Nebraska.
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<br /> , � , whlch has !ho address o1 404 W.7th &t &710-712 fV. , Grand Island
<br /> Nebraskn 688ID1 ('Pro�orty Addreso`); C°t �'Y
<br /> - —'�2ia o"Z`'de�
<br /> , Fam 30Y0 9/90 NEBFiASKA Singiu Famlry FNMAlFH�MC UNIFORM INSTRUMENI' ��
<br /> � F7316.LAf0(tONb) Page t ol 5 �
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