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F <br />DISCLOSURE 2147867 <br />To Daniel T. Glover and FALWeetn M- Moyer <br />ferafrtafter deliptaltad Trustors. <br />Oeoiderttal Nebraska Federal Savings BaMc, hereinafter referred to as Beneficiary, does by this Discbswe state <br />that the fomn of WQXft agreement "curing payment of a Promdssory Note to be executed by Trustors is a Trust Deed <br />Wh pipcfr�Wyr� gxwaW the provisions of the Nebraska Trust Deed Act. Sold Deed of Trust covers the following described <br />"lot Two (2), in Block Two (2), in Jenkinson Subdivision, Hall (bunty, Nebraska. <br />A Miclaay "a c la e s to Trustor that said Test Deed is not a Mortgage, and, further, that the Trust Died provides <br />a power of sale in the Truss, which power of sale is exercisable under the provisions of the Nebraska Trust Dead Act <br />witftout the approval of any Couart. The Trust Dead provides substantially different rights and obligations to the Trustor <br />then a Mortgage in the event of a default or breach of obligation by the Trustor. <br />If the Trustee Meru the power of sale upon the occurrence of Trustor's default without cure, the Trustor has <br />no rim to prevent a We if the time granted by the Trust Deed to cure a default has expired. <br />DATEOuly 1 1987 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK <br />By `Zcu z4d44 <br />We. the u ndersigrtsd, have applied to Oocidsntal Nebraska for a ban. The ban will be evidenced by a Prerrts- <br />my NOW the payment of which is to be secured by a Deed of Trust. We have read the above Disclosure presented to <br />us by Occidenhd Nebraska. We acknowledge and understand that the document we are executing is a Trust Deed and <br />not a Mortgage, and that the power of sale provided for In the Trust Deed provides substantially different rights and <br />obfigWkm to Trustors there a Mortgage in the event of a default or breach of obligation. <br />We, the Tnrsrs. accnowiedge that this Disclosure was made prior to the execution of the Deed of Trust. <br />OATpiuly 1 1981 <br />npsTOA <br />T"TOR <br />STAM OF NEMAWA ) <br />� 11 ) �. <br />D <br />for*Ph rp Instrumerd was acknowledged before me this 1st day of July <br />{ Glover <br />L 1987 _ Daniel T.Aan K thleen M. Glover <br />Trustors. <br />r, :: HIH KAY 1 Y <br />4 41 lo <br />