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<br /> ` �'`� ' ACKPIC3WLEDGMENY OF D�ED OF TRUS7 AS SECURITY INSTFiUMENT�
<br /> °��''���''� we. !!�l�ck Kefth . on U�imarr ed Pertaon � \
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<br />-'-=s�'.,.i�� wder the following Deed ot Trust to be enterod Into among lm�tore,Are�ici R, Baaek, A44arnav at L.a�t P. Q. Box �
<br /> ='���-=`x� 790 Grand Island N�braska Ci8802 —
<br /> r,�"�=`t%tn- .('Trustee").
<br />����������r� and Thm Qvarland Natianal Bank of Cirand Istond
<br /> Y'�T�t"`�' ('Benefic?ary`) covedng the properry described trelow hereby acknowledge thAt It is understaod that (a) the Deed of Trust to be
<br />-� ���.� executod by Tiustor Is a trust deed and not a mortgnge end (b) tho power of sal4 provided tor In tha Deed of Trust provides
<br />_ - i�,�� substantialy diHerent dghts and obllgaUons to the Trusta than e martgage U the event o4 detault or breach ot obligatlon. -
<br />,.���-�� Trustor a�knowledges that this Acknowledgment was made p►lor to the executlon of tfie Deed of Trust.
<br /> -=-�--�-� Executad end delYere�thls 11th day of DaCember ,1996
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<br /> �-�6 Trustor Tru;tor
<br /> DEED OF TRUSI'
<br /> THIS DEEO OF TAUST ('Secudty Instrument°) Is msde on DeC9mber 11th , 199B
<br /> The trustor Is Mark Kaith an LDnmarrled Psr�on
<br /> ('Borrower").
<br /> The trustee Is Arend R. B��ck, l�►ttornev art Law P 0 Box 790 arand !s anci. Nobratka 68802
<br /> ("Trustee").The be�eficiery is —
<br /> — Th4 erland NetLonal Bank ot C�rand Island _,,which Is organfzed end existing
<br /> under the Iews ot Thi Unitad Statee of Amerlca , end whose eddress Is 304 Wast 7ltird Stra�t
<br /> — Qrand.lsland. NE 88801 (•Lender").
<br /> - � eorrowar owes Lender the pdnctpal sum of FortV Four�housend Ftve ul�dred !nd 00 100 ,_
<br /> ��M Dollars(U.S.S 44,600.00 ). This debt Is evidencad by BoROwer's note
<br /> - dated the sgme date es 4hts Security Instnament ('Note'►, whlch provldes for monthly payments,wfth the full debt, ft not paid
<br /> earifer, duo and payable on Januanl 1 202! .
<br /> This Security Instrument securos to Lander: (a) repuyment o1 the debt evidenced by the Note,with Interest, end ell renewals,
<br /> extensions snd modilications of the Noto: (b) the payment o} all other sums, wlth tnterest, advanced undc� peregreph 7 to
<br /> - protect tho security of thls Securiry Inatrument; end (c)tho performanco oi Borrawer'o covenantc end agreetnenxs. For this
<br /> — purpose, Borrower Irrevocably grant,a end conveys to Trustee, In trust, with powor of sale, the fo8owing descdbed property
<br /> -� located In Hall County,Nebraska:
<br /> ` - -- lot Slx (6),Block Yhree (�), Lambert's Additlon, City of Cirand Island. Hall County, Nebraska
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<br /> - � _ ' �`�+��. Form 7111tl 9I90 NEBRl151V�Slnqir Fqmity fNMNFHLN.0 UNIFORM INSTRUA!FNT �E' GlQ�
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