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AI. RAWANA �SWWWIIIIIIANK 87. 102242 r DISCLOSURE 23300733 Tor Beverly M. Paulick and Trtators. Occider" Nebraska Federal Savings Bank, hereinafter referred to as Beneficiary, does by this Disclosure state Mfg tM form of security agreement securing payment of a Promissory Nate to be executed by Trustom is a Trust Deed f incorporates the provisions of the Nebraska Trust Deed Act. Said Deed of Trust covers the following described propsrtgot Two (2), in Block Three (3), in Le Heights Second Subdivision, Hall County, Nebraska. 11 9s eflCiory 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 wiManA tie approval of any Court. The Trust Deed provides substantially different rights and obligations to the Trustor than a Mortgage In the event of a default or breach of obligation by the Trustor. If the Trip -tee a wcim the power of sale upon the occurrence of Trustor's default without cure, the Trustor has no rim to prevent a sale ff the time granted by the Trust Deed to cure a default has expired. April 17 1987 DATED OCCIDENTAL. NEBRASKA F EDERAL SAVINGS BANK By z6a / ' AV 10r we, tie underfdprted, have MOW to Occidental Nebraska for a loan. The ban will be evidenced by a Promis- sory Note, the payment of which is to be seared 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 am executing is a Trust Deed and not a Mm"ge, and that the power of sale provided for in the Trust Deed provides substantially different rights and obligations 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 of the Deed of Trust. DATED April 17 1987 TpuaroR TRUSTOR f ult OF MWAW ) 17th April The fhorsping wdtum@M was acknowiedged gore me this day of l9 Beverly M. Paulick by Trustors 41W ko � v O Utee rs�., �,• � °:� �� rape wl®aac DCN49E KAY towraY P