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(DDCCIDENTAL. M!BRASKA,. FI!IBAL"""'BAI\I( LN # 220600718 ,88- 103025 DISCLOSURE 1 To: ~ov T, _ THOMP!':ON hereinafter designated Trustors. Occidental Nebraska Federal Savings Bank, hereinafter referred to as Beneficiary, does by this Oltclosur. lItale that the form of security agreement securing payment of a Promissory Note to be executed by Trustors is a T(lJst Deed which incorporates the provisions of the Nebraska Trust Deed Act. Said Deed of Trust covers the following deecrlMd properly: and YIIIIIUf 1:'1:'" f TJ!'()iA;o:;ON LOT TWENTY EIGHT (28), CAPITAL HEIGH~S SEVENTH SUBDIVISION, HALL COUNTY, NEBRASKA. Beneficiary discloses to Trustor that said Trust Deed Is not a Mortgage, and. further. that the Trust Deed provides a power 01 sale in the Trustee. which power of sale Is exercisable under the provisions of the Nebraska Trust Deed Act without the approval of any Court, The Trusl Deed provides substantially different rights and obligation. to 1M 1'ru$toi than a Mortgage in the event of a delault or breach 01 obligation by the Trustor. If the Trultee exercises the power of sale upon the occurance of Trustor's default without cure. the Truator has flU right to prevent a sale If the time granted by the Trust Deed to cure a default has expired. DATED .JUNE 10,1 qRR OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By ~~~~ We, the undersigned, have applied to Occidental Nebraska for a loan. The loan will be evidenced by a Promiuory Note. the ptIyment of which is to be secured by a Deed of Trusl. We have read the above DI8ctoeure presentadto us by Occldental Nebraska. We acknowledge and understand that !he document we are executing Is a Trust Deed and not a Mortgage. and that the power of sale provided for in the Trust Deed provides substantially different rights and obliga- tions to Trustors than a Mortgage In the event of a default or breach of obligation, We, the Trustors. acknowledge that this Disclosure was made prior to the execution ot the Deed of Trust. ~~ TROY L HOMPSON r<C\ t'~ l ~^^ ,J, '-tL.l'h4:'1 ,:) c'\Y\J TA\J6TOll KATHLEEN L. THOMPSON .JUNE 10,1988 DAT~ j' (J' ',t':, " . ' STATE 9F NEBRASKA " ' ,', COU~..I'1'V OF HALL ) ) 5S, ) ','\:., ~--,~ ;' 10TH JUNE TIle ;r~ng Instrument was aCk,n~ledged before me this ,:I i Thompson ~,~ 19119 TROY L.,\AJm KATIJLEEN L. THOMPSON ___,_ by ,_____ day 01 _. , Trustors, r XUtMLInMV.SlIf,l d MlIIIU ,', m:Nltr KA't tOW"" 't""'''' 1.', t,..." (I~ Aut r.\ I~'I ~ . /.,,,...'~~.*' ~ 'I'M U".