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DISCLOBURE <br />21804.501 <br />Ter —.;•gin n E.... and patrigia.N. Penns <br />ha86aft designated Trusiors. <br />tlnat MnO Nsbraaka Fed*M Savings Bank, hwWmd r stand to as Ba wkWy, does by Miss D**)o a stale 10M Of security so @I nt souring psynMrN of a Proomhnory Novi to be executed by Trusbrs is a Trust Deed <br />wMd inoorpm at a Mw provisions of On Nebraska Trust Dead Ad. Sold Dead of Trust covers the toNowhrp described <br />Pry Lot Seven (7), in Block One (1), in Bel Air Addition to the City-of Grand Island, <br />Hall County, Nebraska. <br />ftwfkiary diedoase ro Trwlor Mist said Trust Dead is not a Mortgage, and, lather, that Mn Trust Dad provides <br />a power of aW in Mn Trustee, whbh power of rife Is mvdsable wrdw ft provisions of the Nebraska Trust Dead Act <br />wNlnonrt the appro vd of any Court The Trust Dead provides ak$Wft#y ditnm -t rights and obNge iow to ft Tnutor <br />Ow a Mortgagor in M» event of a dM" or beach of obNgation by the TruMor. <br />N the Ttuslas gwdesa M1s power of sais upon ft occurrence of Trustor's dsfauk WNhouf sae, Ma Ttustor has <br />no NgM b prove a sale N Mw Mme granted by Mn Trust Dead to we a dafaiN has expired. <br />DATED Raptambpr 9 JQA7 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK <br />By K.G' <br />We, to undersigned, haw appNed to Ooddw*W Nebraska for a loan. The ban wig be evidenced by a Prornis- <br />sory Note, the payment of which Is to be secured by a Dead of Trust. We have read the above DNdosurs prow d to <br />us by Occidsrtal Nebraska We aduwwbdps and understand that ft do0wnant we we exacuft is a Trust Deed and <br />not a Mortgage. and Mel the power of sale provkled for In the Trust Deed provides wbraa,daay Meant riffs and <br />to Trent m Man a Morlgags In the evert of a ddauit or beach of obAgation. <br />We, Mn Tnrstors, acbnowlerdge Mast this Dbdoaae was node prior to ft mmu ion of MN Deed of Trust. <br />DATED -2 1987 <br />nwnos <br />VATE CjF NEt11ASKA ) <br />era, <br />,OOLW'T'Y OF Hall ) <br />The Ile Inshmo ern! was adwv*WWgad bebre era We 2nd day of September <br />L1U7 by Vernon D. Penns and Patricia N. Penns <br />n TruMors. <br />Oiri�Elur�LGMNr'r <br />M. awa m <br />fiE -tBl <br />