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OCCIDENTAL 101541 NEBRASKA 87.r we�av . aafra a+aac DISCLOSURE 21804375 TO: Samuel L. Smith hwakwher debated TnWara. Ooddenntal Nebraska Federal Savings Be* hereinafter referred tc as Bsctefipary, does by tMa. Oftbare awe that 20 form of secui* spreanent securing pay»►ent of a Prmiseory NOW b be executed by Truftra is a Trust Dead Mtrat ktoorporetea the Moviabma of the Nebraska Trust Deed Act Said Dead of Trot coves the foNowkrg - acribed pr"IllY•Lot Five (5), of Block Ninety (90), in Wheeler and Bennett's Fourth Addition to the City of Grand Island, Hall County, Nebraska.... Barte6day diadoaea to Truabr that said Trust Deed is not a Mortgages turd, turther. that the Trust Deed pn wdes a power of soft in the Trustes, Moth power of *Ns is exerdsaW under the provisions of the Nsbraska Trust Deed Act w0mit the approval Of any Court The Trust Deed provides sutageniMMy different rights end obapabons to the Tnow V= a Mortgage in the event of a deft u or breach of obiipadon by tlta Terror. ff the Trustss exerIws the power of salt upon the occurrence of Tnn bit defauN without are, the Tn»tor has no dgN b prevent a soft ff the rims granted by the Trust Dead to cure a detauR teas expked. DATED March 19 1987 OtxIDEfJi err s 8118NC By ./ i Ste. We, this urxft(siprted, haw appied to Ocx&rtslllebrasica for a loan. The ban wiN be evidenced by a Pramft- sory NOW the payment of w100 Is to be secured by a Dead of Trust. We have read the above DM cbs re preeMttad to us by OcdderM Nebraska. We acknowledge and understand to the doccrnentt we are execAktp is a Trust Dead and rat a Mortgage, and that the power of soft pmkied for in the Trust Dead provides su0stardisly drftrentt nights so oI g tlort 1 to Tastes that a Mortgape In the event of a dabwtt or to a l of obfigaWn. We, the Trrstors, adux Wpa the of D*dm" was rtadt prior to the executions of the Dow of Trent ,C)ATED -March 19 X87 nwsroe r+titsON #TATS OF NORASKA } tOUNTY OF Ha l l ) The fwgpb g inetrtrrrent wet a kr awbgr pd baba ma thft 19th day t March j 1987 by Samuel L. Smith j CAN of ' ^ c�ftotva J. f! o; H of .r Tnptors. ,I. P"KK J )