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OCCIDENTA Nebraska FEDERAL SA BANK To: Donald E. Graves hwe"ftsr des iWmted Tnudors. 85- 003747 DISCLOSURE Barbara Graves, Husband and Wife OccldiiintatMilabraska Federal Savings Bank, hereinafter referred to as Beneficiary, does by this Disclosure state thalt the form of security agreement securing payment of a Promissory Note to 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 property. A tract of ground in the Southwest Quarter (�))oof(S West of my Three (23), Township Eleven (11) North, Rang the 5th P. M., Hall County, Nebraska; and *** Lot Twelve (12), Block TWO (2), Normandy Estates, located in the City of Grand Island, Hall County, Nebraska- *** t PARTICULARLY DBSCRIBED ON ADDZNDIAi "A" Beneficiary discloses to Trustor that said Trust Deed 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 Truster Man 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 Trustor's default without cure, the Trustor has no right to prevent a sale it the time granted by the Trust Deed to cure a default has expired. DATED AixTCt 5, 1985 OCCIDENTAUNEBRASKA FEDERAL SAVINGS BANK By We, the undersigned, have applied to Occidental/Nebraska for a loan. The loan win 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 Disclosrue Presented to u s by We acknowledge and understand that the document we are execu ing is a Trust Deed and not a Mortgage, and that the power of solo provided for in the Trust Deed provides substantially, different rights and obligations to Trusters than a Mortgage in the event of a default or breach of obligation. We, the Tnustors, acknowledge that this Disclosure was made prior to the execution of the Deed of Trust DATED August 5, 1985 t4As-11— T"110R Tf"TOR i - STATE OF NEBRASKA ) ss. COUNTY OF ) The fonq*q 91 tnxnsnt was acknowledged before me this 5th day of L 85 by Donald E. Graves and Barbara Graves, Husband and wife, 19 August �' -> !o. KY -n f ✓(jGr c�•�. �, -v' - -- Trustors. f vitL- WJ