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86--. 102257 <br />ACKNOWLEDGEMENT OF DEED OF TRUST <br />BORROWERS READ THIS BEFORE SIGNING: <br />BORROWERS (TRUSTORS) understand that the document that the <br />BORROWERS are about to execute is a Deed Of Trust and not a mortgage <br />and that the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the BORROWERS than a <br />mortgage in the event of a default or breach of obligation under the <br />Deed of Trust, including, but not limited to, the LENDER's right to <br />have the Real Property sold by the Trustee without any judicial <br />proceeding or foreclosure. BORROWERS represent and warrant that this <br />acknowledgement was executed by them before the execution of the Deed <br />of Trust. <br />Jo ph L. Hanigan rrower <br />Agnes 4ianigan Borrower <br />John'F. Wells Borrower <br />Jilt <br />Mar Fa B. Wells Borrower <br />DEED OF TRUST <br />WITH FUTURE ADVANCE PROVISIONS <br />THIS DEED OF TRUST, is made as of the <br />day of i l' 4 L <br />19 �(i, by and among the TRUSTOR, Joseph L. Hanigan and Agnes nigan, <br />husband and wife, and John F. Wells and Maria B. Wells, husband and <br />wife, (herein "BORROWER "), the Trustee, National Bank of Commerce <br />Trust and Savings Association, (herein "TRUSTEE "), and the <br />Beneficiary, National Bank of Commerce Trust and Savings Association, <br />( herein "LENDER ") . <br />FOR VALUABLE CONSIDERATION, including the indebtedness <br />identified herein and the trust herein created, the receipt of which <br />is hereby acknowledged, BORROWER hereby irrevocably grants, transfers, <br />conveys and assigns to TRUSTEE, IN TRUST, WITH POWER OF SALE, for the <br />benefit and security of LENDER, under and subject to the terms and <br />conditions hereinafter set forth, the real property, described as <br />follows: <br />Lot Nineteen (19) Warren Subdivision, an addition to the city <br />of Grand island, Hall County, Nebraska. <br />rw <br />J <br />