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(il FA <br />C'j - M <br />DISCLOSURE 455,52-4 <br />TO Gerald A. Ruisman and <br />Lisa L. Buisman <br />Truswm <br />Ocicidmirdialftbra" Federal Savwqs SwK twelinafter referred to as Beneficiary, don by this Disclasuire 1 - <br />IhO to 11mim of security agrommeM ssmxwV payment of a Prorrussory Note to be executed by TTuoom is a Trust Deed <br />which mcmP"M the pimmens of lfte;Nmbraslar Trust Dead Act. Said Dead of Trust covers the following described <br />Propelltr-The Westerly Sixty (60-0) feet of Lot Four (4) and part of Lot Five (3) all in Block <br />Two (2), Second - Addition to Holcombs Highway Homes Subdivision, Grand lsland, Hall <br />County, Nebraska, more partirularl described as follows: Beginning at a point on <br />tth- 346rth line of said Lot Five (55 said point being Fourteen and Nine Tennis (14.9) feet west of the Northeast corner J said Lot Five (5); thence Easterly along <br />the :North line of said Block Two (2), a distance of Seventy Four and Nine Tenths <br />(74.9) feet, to a point ter. (10.0) feet west of the Northeast corner of said -Lot <br />Four (4); thence southerly parallel to the east line of said Lot Four -(4)-, a <br />distance of One Hundred Eleven and Seventy four Hundredths (111.74) feet, to the <br />south line of said Lot Four (4); thence northwesterly along the southerly line of <br />said Lot Four (4), a distance of Sixty one and thirty seven hundredths (61.37) feet, <br />to the southwest corner of said Lot Four (4) thence westerly along the south line of <br />said Lot Five (5), a distance of seventeen and eighty three hundredths (17.83) feet; <br />thence northerly a distance of One Hundred and Two Hundredths (100-02) feet to th . <br />place of beginning. <br />Beneficiary discloses to T rustior that said Trust Deed is not a Mortgage. and, further, that the Trust Dow provides <br />a power of sale in the Trustee, which power of sale is exercisable under the provisions of the Nebraska Trust Dead Act <br />wj0W the approval at any Court. The TTLmt Deed provides substantially different rights and obligations to the Trustor <br />clean a MorVqM in the event of a default or breach of obligoicin by the Trustor. <br />If the Trustee ax9rcmes the power of sale upon the occurrence of Trustor's default without cure, the Truster has <br />no IKJM to Prevent a sale if the time granted by the Trust Deed to cure a clelautt has expired. <br />DATED December <br />2� 1 Qb �. <br />OCCIDENTALINEBRASKA FEDERAL SAVINGS BANK <br />By <br />We, the undersoned, have applied to Occidental /Nebraska for a loan. The loan will be evidenced by a Prorms- <br />&MY N13111e, the payment of which is to be secured by a Deed of Trust. We have read the above Disclosure presented to <br />is by 000ideritaMeboaska. We acknowledge and understand that the document we are executitV is a Trust Deed and <br />not a Moftie;le, and that the power of sale provided for in the Trust Deed provides substantially different rx)tft and <br />ObNPWm to Truelove than a morVage. in the event of a default or breach of obligation. <br />vv.. "?r fir_, mom-owimip that this Disciosure was mace prior trithe execution of the Do&d of Trust. <br />DAI'm December 26 1985 <br />%�.,/ . j <br />STATE OF NEBRASKA <br />I 5S <br />COLMEry OF Zia I I <br />ThIll tDISPIM WMMUM" was M*f10wW1dgW before me this .__:'6th day of <br />by u I email and 1"Iss I_ iiulsmat' <br />---- ____ Trustofs <br />