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mDCCI:JENTAL 1\EBRaSKA_ ... ... .~_BANK LN 4+ 220600738 DISCLOSURE 88_103221 To' ~".mli= III V01'l" hereinafter designated Trustors. Occidental Nebraska Federal Savings Bank. hereinafter referred to as Beneficiary, does by this Dleclosure etate that the form of security agreement securing payment of a Promissory Note to be executed by Trustors Is a Trust Deed which Incorporates the provisions of the Nebraska Trust Deed Act. Said Deed of Trust covers the following deIlcrlbecl property: and l'lI.NnV 'IC VnR'IC '1'8B BAST TEN (10) FEET OF LOT TWO (2) AND THE WEST FIFTY EIGHT (58) FEET OF LOT THREE (3), BLOCJ( TWO (2), PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, h"EBRASXA. Beneficiary dJacloles to Trustor that said Trust Deed Is not a Mortgage, and. further, that the TI'UIt Deed provIdII a power of sale In the Trustee, which power of sale Is exercisable under the provillons of the Nebraka TI'UIt Deed Act without the approval of any Court. The Trust Deed provides substantially different rights and obIlgationa to the Tf'UIIoi than a Mortgage In the event of a default or breach of obligation by the Trustor. If the Trust.. exercises the power of sale upon the occurance of Trustor's default without cure, the Trustor .... no right to prevent a saJe If tha time granted by the Trust Deed to cure a default has expired. DATED JUNE 17,1986 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By ~%~ .~d~ We, the undersigned, have applied to Occidental Nebraska for a loan. The loan will be evldencad by. PromiIIory Note, the payment of which 18 to be lI8CUred by 8 Deed of Tru;1. We have read the above DI8cloaure preMnted to _ by 0ccIdantaI Nebraska. We ac:knowIedge and understand that the document we are executing Ia . TI'UIt Deed and not " a Mortgage, and that the power of saJe provided for In the Trust Deed provides substantially different rtghW and 0bIIp- ;') ~, to TfUIIOrI than a Mortgage In the event of a default or breach of obligation. ':' .JJO . -' ! W.~" Trustora, acknowledge that this Olscloaure was made rior 10 the execution of the Deed of TI'UIt. ,~., ~~~ ~~: / DA1E( JUHE 17,1988 :.~ ji,,: ," " ,.' ~..I ',' ',;",1 8T ATE OF NEBRASKA ) ) as. ) COUNTY OF HALL 17TH JUNE The forligOlng Instrument wu aclcnowladged before me Ihll__ dey ot 1988 WAYDE E. AND CANDY It. YORX -by , Tru.tore. J:'1IlMI. IItMr.M t/ ... OE"'IS~ roAY ~0WltY . ,. v, Clot.. hr Au. 71, 1"1 ~..,.."'..-.- ~t')'v..e~.a; ;::-~~i _ __u'UU'___. ,<<>fAl'l't' .' ".'M ...,.