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OCCIDENT�VNGS riebraska FEDERAL BANK DISCLOSURE 0 0 6 21 To; Real Estate Investors. Inc. and hereinafter designated Trustors. OccidentalMebraska Federal Savings Bank, hereinafter referred to as Beneficiary, does by this Disclosure state that 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 propw- Lots Two (2) and Three (3) in Block Ten (10), in Bakers Addition to The City of Grand Island, Hall County, Nebraska; and Lot Two (2) in Janisch Subdivision, an Addition to the City of Grand Island, comprising all of Lot Two (2), Fonner Subdivision, an Addition to the City of Grand Island, excepting therefrom the West Four and Five Tenths (4.5) feet of the South Six (6.0) feet, located in part of the West Half of the Southwest Quarter (W} SW}) of Section Twenty -Two (22), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska; and Lots Six (6), Seven (7), Eight (8), Nine (9) and Ten (10) in Block Forty (40), Packer and Barr's Second Addition to the City of Grand Island, Hall County, Nebraska. 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 Trustor than a Mortgage in the event of a default or breach of obligation by the Trustor. H 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 if the time granted by the Trust Deed to cure a default has expired. DATED December 16, 1985 OCCIDENTAUNEBRASKA FEDERAL SAVINGS BANK BY We, the wxWsigrted, have applied to OccidentalMebraska for a loan. The loan 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 OC40wdal/Nebrw*& We acknowledge and understand that the document we are executing is a.TzW Deed and not a Mortgage, and that the power of sale provided for in the Trust Deed provides substantially d �n and obligabons to True= than a Mortgage in the event of a default or breach of obligation. We, the Tnotors, acknowledge that this Disclosure was made prior to the execution, , -#0,. De�it' elr �t! DATED December 16. 1985__ 1 TWATOR , TRUSTOR STATE OF NEBRASKA ) ss. COUNTY OF HALL ) The foregoMg instrument was acknowledged before me this 1601 day of December, 1985 by /Vr e (S C_ IV S:G'P,1-t c Z.i1 oen ttr�J� - Trustors. f� l M ItlraW A" „OVARY th)W:C