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TAL 1 1ALRNIM MISIANK 87-- 143159 r DISCLOSURE 2147785 TO: Lois M. Barrett and Robert A Barrett Jr hharshmaI1M deeignMed Tttwlors. OoclduhW Nebraska Federal Savings Do*, hereinafter referred to as Beneficiary, does by this Disclosure state that the loan of saotaty sWeernare ssaakg payment of a PmmWwy Note to be executed by Trustors is a Trust Deed which kroorporaMS the provisions of the Nebraska Tent Deed Act. Said Deed of Trwt covers the following described of dine (9), in Block Eighty-Five (85), in Wheeler and Bennetr's Fourth Addition to the City of Grand Island, ball County, Nebraska. 8anafidary discloses to Trustor 00 sold That Deed is not a Mortgage, and, further, that the Trust Deed provides a power of east in the Tmates, which power of sale is exerdeable under the provisions of the Nsbr "ka Truest Dead Act wftohA the appr- of any Court The Tent Deed provides substantially different rights and obligations to the Trustor then a Mortgage In the wmd of a defoxaR or breach of obligation by the Trustor. N the Trustee aKefrte the power of sale upon the occurrence of Tnator's default without cure, the Trustor has no right to present a nee if the Wo WW*W by the Trust Deed to cure a default has expired. DAT lay 29 1981 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By 2kiOzae We, the understgned, here applied to Occidental Nebraska for a ban. The ban will be evidenced by a Promis- sory Nola, the paymMN of which is to be waxed by a Deed of Trent. We have read the above Disclosure prowled to W by QoodmW Nebraska WO acknowledge and understand that the document we are executing is a Trust Dead and jot a 1Aj-4pW Mud trill the power of sale provided for In the Treat Deed provides substantially different rights and fig 11, b _- 'redone than a Mortgage In the scant of a default or breach of obligation. Vft t o,TntMOra, acknowledge that We Disclosure was made prior to the execution of the Deed of Trust DATev__y 19 198, .ZIxt� TPHATOM STATE OF NEIASKA COtMTY O!it° I l ; sa The foregoing kndrurnerd was adaowledgsd before me this 29th day of May 1987 Lois M. Barrett and Robert A. Barrett Jr. Trustors. a i 13I I KA► 9,0 V hfil