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<br /> ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT
<br /> We,Thomas W.Ytller and A ela J. Ziller Huaband an ife ��
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<br /> under the fouowing Qeed of Trust to be entered into aMong Trustors,Are11d R. BaaCk, A�tornev at Law. F.O,_ Box _��
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<br /> ?90 Cirand Island NE 68802 ,�•Truatee"), ��
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<br /> and The Ove rlend National Bank of Grand Island - __
<br /> ('6eneficlary') cover(ng the properry descHbed below hereby acknowledge that It Is understood that (a)the Deed of Trust to be _°;''�
<br /> executed by Trustor Is a trust deed and not a mortgage and (b)the power of saio provlded for In the Deed of Trust provides ._.v_
<br /> substantlally different rights and obligatlons to the Trustor than a moRgago in the event of default or breach of obllgatlon. :q;,,�
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<br /> Trustor acknowledges that this Acknowledgment was made prior lo the execuUon of the Deed of Trust. _ .-
<br /> `�'� Executed and delivered this 2nd day of Feb�ue 1998 ���1°'
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<br /> Trusto� Trust r j� J. Z�Bf �'W �;�y
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<br /> DEED OF TRUST ���
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<br /> � THIS DEEO OF THUST('Sucurity Instrument°) is made on Februarv 2nd _, 1998 � _
<br /> . rne trustor is Thomas W. Ziller and Ans�ela J. t(tlar, Husband and Wife �•gorrower"). °''°�`- _
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<br /> The trustee Is Arend R. Baack Attome at Lew P.O.Box 790 (irand Island NE 68802 �r;.��.
<br /> ' ('Trustee'). The beneflclary Is �"'��`
<br /> whkh is aganized and exlating ���----
<br /> : The Overland National Bank of Grand Island , and whose eddress Is 304 West Third Street ��
<br /> underthe laws MThe United States of America �•Lender°). ��'�'�'�
<br /> Grand Island NE 68801 �' . --
<br /> � Bonower owes lender the prindpai sum ot Fortv Seven Thousand Four Hundred Thlirtsen and 34 100 �;___
<br /> Dollars (U.S.$47 413.34 _). Thls debt Is evldenced by Borrower's note
<br /> ,� dated the same date as this Security Instrument ('Note'), wNch provides for monthly paymenta, with the tuil debt, If not pald ;�„
<br /> ` earlier,duo end payable on FebIU81'V 2, 2003 • J"�"�v
<br /> Thls Securiry Insuument secures to Lender: (a) repeyment ol the debt evidenced by the Note, with interest, and all renewals,
<br /> extensfons end modifcatlons of the Note; (b) the payment d all other sums, wfth Interest, edvanced under peragreph 7 to — _ _
<br />- protect the secuiry of this Security Instrument; and (c) the perfamance o1 BoROwer's covenants and agreements. For this � ' -=�
<br /> purpose. Borrower irrevocably grants and conveys to Tructee. in trust, wlth power of sale, the following desciibed property �:�Y.. �,^^�
<br /> located in Heill County.Nebraska: '� � '
<br /> The Easterly One-Third (E1/3) of Lot Elght (S). in Block Fifty- Ftve (55), in the Orlginal Town, now `�' �.,':�,��!'.�''
<br /> C(ty ot Grand Island, Hatt County, Nebraska .�.,-
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<br /> : which hasiheaddress o1 3Q6 N. Pine St.__.________._____ Grand island___ .
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<br /> Nebroska 68801 ("Properiy Address"). /�
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