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(DDCCIDENTAL M:BRABKA. . FBIERAL IUlllNllBIIAM( 88-103561 LN # 220600716 DISCLOSURE To: i'-mKRIC'O. or IW5lAi hereinafter designated Trustors. Occidental Nebraska Federal Savings Ban~, hereinafter referred to as Beneficiary, does by thIs Dllcloaure Ihd8 that the form Clf'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 d8lCrlbed property: and ~IAR_ ROSAS LOT NINE (9) ~ BLOCK SEVEN (7), HANN'S THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Beneficiary discloses to Trustor that said Trust'Deed Is not a Mortgage, and, further, that the Trust Deed provides a power of 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 Trust Deed provides substantially different rights and obligations to the Trustoi than a Mortgage In the event of a default or breach of obligation by the Trustor. If the Trustee exercises the power of sale upon the occurance of Trustor's default without cure. the Trustor has no right to prevent a sale if the time granted by the Trust Deed to cure a default has expired. DATED JULY 1. H,l90 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By .Ac~ ~d~ We, the undersigned, have applied to Occidental Nebraska for a loan. The loan will be evidenced by a Proml88ory Note, the payment of which Is to be secured by a Deed of Trust. We have read the above Disclosure presented to us by Occidental Nebraska. We acknowledge and understand that the 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. c.,. We, ... Tru-, ............ IheI .", DOC""" wes made ..... \0 t~ of ... ..... of T_ r, ;;":)DATE JULY 1,1988 ~~ 4TRUSTOR ~.j FEDERICO T. ROSAS t' ~ (, ~~~~~ . TRUSTOR TONIA R. ROSAS (-""'I 'g r' ~~ ! e"'; I :/1 . .;:~ ' ,; ~ i~'. :.$TATE OF -NEBRASKA "/;. L; COUNTY OF HALL ) ) 88, ) 1ST JULY The foregoing Instrument was acknowledged before me thle day of 1988 FEDERICO T. AND TONIA R. ROSAS by , Trustors. i~=--J~'EiiEMLKjT,GV.S'~~~f Mdlrasb . DENISE KAY LOWRY ,...:;:r. .;;;.;=' M, Co~_~P ^uI 25,1991 rk ,. , /.. /.../. 'K~ ',.:,,/.(',.--(. -.2S(,.t:jr ,~~, '.1.1 ' 1lQ7 Y PUBLIC /, ,. \' RE,':J.la.LPI