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<br /> -, . ' '�.. �1CKNOWLEDCiViENY OF DEED O� 'TRdl51' AS SECUF61'P� Ii�S�UMENT � w x - �
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<br /> � . . we. Steven It. Lembnre and Dana L. Lembnr�, Hnsbaad and �ife, As Joint Tenants ' ,'-;�.: `�" `
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<br /> ; , � ,('Tmstor7 :<�.�:�- _ :__ .
<br /> - `�.' � under tne ronowtng Oeed ot Trost to be entered �nto among Trustors,T�1e �el� $��ional Bank of Grand ':: +�' �'.�``� =
<br /> '� � � ' � ��� Island, 3Q4 6dest TLird Street, Graaal Islaud, Nebzaska E8801 "
<br /> ' •(-rrustee'). < '�`'4_�;r.
<br /> . ` and Phillip J. Christenseti aud Jodi L. Ciiristensen , �,� ':-: -
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<br /> �. ("Beneticiary')covering th0 property descnbed betow herehy acknowiedge that it ts undarstood that(e)tha Deed oT Trust to be < � ��V�•.4;=�,;,—.;
<br /> - � executed by Tnrstor Ls a hust deed and not a mortgage and(b)the power of safe provided tor in tps Oeed of Trost provtdes .� "�=_�
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<br /> � . substantially d�terent rights end obligaUons to tfie Trustor than a moRgage tn the eve�st ot defau8 or breacn o!obllgatton. ' � ' °•�-
<br /> �'i;��;�
<br /> . Trustor acknowtedges tAat tn(s Acknowtedgment was made pdor to the mcecuUon of tAe O�d of Trust —
<br /> ' - - Executed end deitvered this 27tfl �y of February . 1998 -_-
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<br />.. . . ..._ Tmstor Trustor Dgflg . g i h�,= -
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<br /> � THiS OEED OF TRUST(°Securny InsbumeM")Is made on Februs 27tb 1998 �.�"t'�?�
<br /> : .. .. Tne tn,stor is Steven H. LeaburR aad Daua L. ur�, an aa e, o ut ' :;�.Y';-_
<br /> . Tenants ("BorroweP). � ,;� •r �,- °
<br /> • :,r The Wstee is The Oveslaad_Aati.onal Ban& of Graud Ialand 304 W Third St , Grand . ; �.:;�;�;;
<br />-- Ielaud, Nebras $ ('TNStA9'}.The beneticiary ts . _�
<br /> Phillio J. Chsdstensen and Jodi L. Chrietensen wh�fi ls organi�ed end extsting �� .��:-'�-=
<br /> . • under the taws of and wh o s e a d d r e s s t s 301 9 Sot h m aa Drive, � ��
<br /> _ . Graad Island Ne ras ,.�
<br /> ("Lender `��.;:..,,�:
<br /> . ' • Borrower owes Lender the prfncipal sum ot Twen —Three Thoueand Four gimdred an HO � �Y,�
<br /> • oonars(u.s.s 23.400.Q0 L Tbts debt Is evldenced by Borrawe�r's note � {'� � � .��r�
<br /> - � dated tfle same date as thls Secur tnsWment`Note'),whbh rovides tor month "'•'�:'.>
<br /> � K5► p y paymenta,with the tuD Qebt,U nof pald
<br /> `. � �. . eariter,Gue and payabte on t4arch 1, 2003
<br /> • . . Thfs Security Instrument securos to Lendar. (a) repayment o!the debt evidenced by the Note, wnh interest, end a0 renewals. ' '� �� � �_.
<br /> � '. . ' extensions and modincatlons oi the Note; (b) the payment ot all other sums. wfth intetest, advenced under paregra�b 7 to
<br /> _ protect the security of this Security tnsWment; and (c)tpe perfortnance of 8orrowers covenanta and agreemente. For thts � � � � �
<br /> , purpose. Boaower trrevocabry grants end conveys to Trusteo, In trusi, wab power of sate, the (oDowh�g descdbed propeRy . . .
<br /> ' • Iocated in flall County,NeLraske: � '
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<br /> � Lat Seven (7), Block Thirteen (13), Araold S Abbott's Additioa, City of Graad .• .. .. '
<br /> • � Ieland, Hall Co�mty, Nebres�a , . •
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<br /> • Lot Six (6), Block Thixty-Pive (35), Original Town of Grand Ieland, gall .
<br /> ' . County, Nebrasks .
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<br /> . 1110 Weat Third Street, Grand Island, Nebraska 68801 . •
<br /> � ; whiCh ha9 th9 eddreSS oi 516 tfieat Fourth Street , Grand Island , �
<br /> , � Nebraske _68801 �•Property Addresa"y; St°•' ��r � "•
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