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<br /> ACKNOWLEDGMENT OF DEED OF TRU5T AS SECURITY INSTRUMENT ��_�£=-�.=--_-_._
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<br /> We, Ric ard Ke et Rabe and Deborah D. Rabe usbend and W fe oint enan g — .:•�i= --
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<br /> under the following Oeed of Tmst to be entered into among Tnistora,Nattonal Bank of Comteierce Trust and �,�,�__.
<br /> Savin s Associetlon 13th and "0" Street Linooln NE 68508 :"'�°`'
<br /> (°Trustee'), j•�---
<br /> • and The Overland National Bank of Cirand Island ;:��--_-
<br /> ('Beneflclary')covering the property descdbed below hereby acknowledge that ft Is understood that(a) the Deed oi Trust to be t;-L;��,-
<br /> executed by Trustor Is a trust deed end not e mortgage and (b)the power of saie provided tor In the Deed of Trust provides -----'u_
<br /> y, substantlally diHerent rlghta rsnd oWlgatlons to the Trustor than a moRgage In the event ot default or breach of obilgation. �5���,,
<br /> � Trustor acknowledgos thal this Acknowledgment w�s made prlor to the executlon of the Deed of Trust. � ;��-;:
<br /> � Executed and delivered this 4th day of Febtua ,1998 ___--
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<br /> ' Trustor chard Kenne h abe �f-�
<br /> Trustor � _
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<br /> � T����t�� Trun or borah D. Rabe _
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<br /> 'f � � DEED QF TRUST
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<br /> THIS DEED OF TRUST('Secudly InstrumenY) Is made on Februarv 4th , 1996 •
<br /> �;. The t�ustor Is Richerd Kenneth Flabe and D�borah D. Rabe Husband and Wife As Jot�t T�nents �
<br /> (Borcower•).
<br /> �• The trustee Is National B�nk of Commerce Trunt and Savtns�s Assocletlon, 13th and "O" Strs�t.
<br /> Uncoln NE 88508 (Trustee).The beneflciary Is
<br /> �- The Overland Natlohal Bank of Grand lelend whiah is organized and exist�ng
<br /> under the lawa of The Unite� States of America ,and whose address is 304 West Thltd Str�st
<br /> �' Grand Islend E 6880i (°lender•).
<br /> . � BoROwer owea Lender the principal sum of EI Four Thousand and 00 100
<br /> � Dollars(U.S.$84 000.00 1. This debt is evidenced by BoROwer's note
<br /> dated the same date as this Secudty Instrument ('Note'), which provides for monthty payments,wlth the fuY debt, If not paid
<br /> +� eadier,duA and payable on MarCh 1 2028 •
<br /> � Thls Sec�rity In3trument secures to Lender. (a) repayment of the debt ovldonced by the Note, wfth Interest, and all renewais, _
<br /> extens{ona end modffications ot the Note; (b) the payment of ali other sums, with Interest, advanced under paregreph 7 to
<br /> protect the seauriry of this Secudly Inatrument; and (c) the pertormance of Bortower's covenants and agreementa. For this
<br /> purpose, Borrower Ircevocably grents and conveys to Trustee, in trust, with power of sale, the following described proparty ��"_
<br /> lucated in Hall _ County, Nebraska: - - -
<br /> Lot Fifteen (15)� Western Heights Second Subdtvision, in Hali County, Nebraska. :���-
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<br /> � wnich nas�nQ address ot 4225 Lariat l.ane , Grand IslAnd,
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