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<br /> J , � �; ,. t ` ACKNOWi..EDGiiflENT O� D�I�Q► OF TRUST AS �ECUF6ITY INSTRUtV�EN� . , .
<br /> � ' � �f we,Stevefl R.Lembura and Dana L Lembarg Hus�nd and iMte.As Joint Tenants p� �_ ..,',.
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<br /> ` . � uadet the foifowEng Deed Of Trust to be entered fito 8mong Uustors,�1B OV@�I8P1tI N�01181 BBItk Ot C�fBJtd • �.-..-;�-
<br /> - � ' lstand 304 West Third S4reet, Grand Island NE 68801 . � `�`�=_�
<br /> . ('Trustee). . . __
<br /> �`�t � ' � and The Over�and National Benk o!Grand Islamd � • -' _"_
<br />.,�?.��ti� ' ; . � ("BeneHctaryry covertng the propertY descnbed betow hereby acknowicdge that� ts understood that(a)the Deed of Trost to be •.�•�:,. .. _
<br /> �°� � ' executed by Tnistor ts a trust deed end not a mortgage and(b)the power of sate provided tor in the Deed of Trust provides .� ;�?
<br /> �_�_ , substantta(ty diNarent rights and obligaUons tn the Trustor than a mortgage in the event of d81auR or breach of obfgaUon. ,-�,.F '�•+�<'��_
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<br /> --- Trustor acknowiedges that this Acimowtedgment was made prlor to the execuUon of the Deed ot Tnist. �, `af�-
<br /> �- Executed end deGrered this 27t11 day of Febru .t998 }�:"�
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<br /> . f � . DEED OF TRl9SY � -�-�
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<br /> � • THIS OEEO OF TRUST("Securily Instrument'}is made on FEbfltBN 27th • �gQS '"� :if!•�_�-
<br /> rne wstor is St�ven R Lem�urs�and Dana L.tembura Husband end Wite As Joint 7'enaMs • :.-.�_,
<br /> ..., • ` (BoROwa�• . �� �•�r:.
<br /> � � � • rne wstee�s The Overtan NaUonal Ban(c o (irand Island 304 Wes4 Third Street,_ ran tsland.NE �'� �,-
<br /> � � � 68801 (°7'rustee").The benettc�ary is '.�
<br /> ' � The Overland ationat Bank of Grand Istan whioh is organized ertd existing
<br />:,ti�``� • under tne taws at The United Sta es ot Amertca and wnose aadress�s 304 West Thir� S4�eet ,. ""'_
<br /> ����' ' � � . � , Grand Island E S 809 (�7.ender^1. ; ;�-
<br /> ; �� ` �: Bonower owes Lender the prfncipat sum of F '�wo ThOUSend and 00/10 . _
<br /> ;,. .__.�.. •: �- Doliars(US.�52.000. 0 ). Thts Qebt Is evidenced by Barrowefs note _
<br /> �.f��s� dated the same date as this Security Instrument ('Note"),which providea tor monthry payments,wfth th9 tull Cebt, if not paid ' . ,
<br /> '';.. :. � • ' ear�ier,due antl payable on MarCh 9.2003 _• ,
<br /> • ' � This Security Insmiment secures to Lendar. (a) repayment of the debt ev�0enced by the Note,with interest,and ell�enewats, -
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<br /> � • ' extenslons and mad'rftcations ot the Note; (b)the payment of all other sums, wtth interes� advanced under paragreph 7 ta � .
<br /> protect the securiry of thls Securiryl instrumen� and (c) the pertormance ot 8orrowers covenents and egreementa. For th(s ' �•
<br /> �� • � . • purpose, 8orrower Inevocabry grants and conveys to Trustee, in uust, wfth pov�er of sele, tha toitowing descr�bed property . ..
<br /> � • located tn H8U County, Nebraska: .
<br /> � � � � Lot SIx (6), Block Thirty-Five (35), Orlginal Town of Grand Istand,Hall County, Nehraska. • • . ,
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<br /> � � Nebraska 68801 ("Property Address"): s'�e'� QG�y � �
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<br />� Fo�m J02B 990 NE$iiA$NA S:nplo Fam��y iNMA�fHLMC UNIFOH4t�NSTNUMEHi ��
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