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l To. Dennis O. Long end Teresa Jo Loug hweinaller designated Trustors. Occidental Nebraska Federal Savwgs Bank, hereinafter referred to as Beneficiary , does by this Disclosure state that the form of security agreement securing payment of a Promissory Note m be executed by Trustors is a Trust Deed which incorporates the provisions of the Nebraska Trust Deed Act. Said Deed of Trust covers the following described proPertYlet Five (5), in block One (1), in Jack Voss Second Subdivision, being a Part of the West Half of the Southwest Quarter (W1 12 SWl /4) of Section Two (2), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska. Beneficiary discloses to Trustor that said Trust Dead 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 without the 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 Trustee exercises the power of sale upon the occurrence of Tnaator's default without cure, the Trustor has no right to prevent a sale if the time granted by the Trust Deed to cure a default has expired. DATED October 6 1986 OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK By We, the undersigned, have applied to Occidental Nebraska for a loan. The ban will be evidenced by a Promis- sory Note, the payment of which is to be secured 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 are executing is a Trust Deed and not a Mortgage, 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. G1TED October 6 1986j(� , / �. U -`° TRUSTOR '/� uSTOR STATE OF NEBRASKA i ss. 0DUI Y OF Hall i 6th October The foregoing instrument was acknowledged before me this day of 1986 by Dennis 0. Long and _Teresa Jo Long Trustors � MiMrJlilr N flAnit: - Mrti«m Eko k4 A f9r'