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<br /> ACKNOiNLEDGME�I�' OF DE(�D OF TRUST AS S�CURITIf 1NSTRl1MENT � -
<br /> !� '� • '_ `_4•,�•{--�.
<br />�.1 we,Donald R.Ber and Deanna R.�o Wusbansf and Wife p __�__ ---__— ��,_
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<br /> ' { under the foRowing Deed of Trust to be entered into among Trusccrs.Arend R Baack; Attornev at Law. P. O. 80x .�� .
<br /> -:; 790 Grand ts4and Nebraska 68802 (�Trustee•). � -
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<br /> , . „� and i'he Ov�rla�d National Bank of GrareJ tstansl �'��'
<br /> • . (•gen�aary')covering the properiy desaibed below hereby acimewledge ihat it is understood that (a)the Deed of Trust to be ; {:"��� __
<br /> e�cecute,-i by Trustor is a trust deed and not a mortgaqe and(b)the power of sale provided tor(n the Oeed of Trust provtdes
<br /> substantially ditferent rights and obfigaUons to ffie Trustor than a mortgage in the event of default or breach of obligation. , -
<br /> '�` ' Trustor admowledges that this Aclmowtedgmertt was made prior to the execution af the Deed of Tnisi. "� �"_
<br /> • •��?�.-�,�1�_.'�__
<br /> '� Executed and dei'rvered this 10tb day of MB�Ch . �497 ., .�-������
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<br /> ' T�,�o. � Donald R. 6erg ; , "3 ,=':��
<br /> �OLM ^ �31Lpb., �,�.',: -
<br /> T�a� r��5to�Daanoa R. Berg Q ••
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<br /> DEED O� TRUST �;,;�,-�. �:�.�:;�:: . �-
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<br /> THIS DEED OF TRUST�'Security InstrumenY) is made on h�.3rch 10th � �997 • �` __
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<br />. The tn,stor is Doaald R.Ber and De nn R. Ber ti�nsband and Wife �•gonower). � ^
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<br /> Tne tn,scee ts Arend R Baack. Attornev at Law P. O. Box 790 Grand Island Nebraska 6ef102 � `,�=":--_
<br /> . ('Trustea).The beneficlary is � "`-- _
<br /> � The erland Nat�onal Bank of G�and Island which is organized and ex�stln9 � '�'�
<br /> under the laws a1 The l�nited States ot Ametica _. and whose address is 304 West Third Stre6t � -__.����:'-'
<br /> Qrand tsland NE 68809 ('�'e"dEr). � `�
<br /> ��:�':`�.�_
<br /> • eorrower owes Lender the pdncipal sum of Sevetateen Thou9and EI hf Hundred �nd 00 100 �^_�---n�--•�-•--
<br /> ' • DoOa.�s (U.S.$17 800.00 ). This debt is e�ldenced Cy Borrower's note �y---" '
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<br /> dated the same date ss this 3ecurity InsUvmenl ('Note'), whlch provides for monthry payments, with the fi:il dab1, i1 not pald _ �i
<br /> eadier,due and payabis on Ap►il � 20�2 • ��`�•--a�� �
<br /> � Thia Security Instrument secures to Lender. (a) repayment of the debt evidEnced by the Note, wtth interest, and all renewats. :�.;,��,-�`•'•'
<br /> �`�"��� �-
<br /> aRensions and modrflcaUons of tfie Note: (b) the payment of all other sums, wfth interest, advanced under paragraph 7 to .y- .;•-���;�,��ti,
<br /> � � protect the security o1 this Secudry InsUUmen� and (c) the peRormance ot Bortower's covenants end 2�ments. For thts ; �„y:.-
<br /> . _.. purpoae. Botrower irtevocably grants and conveys to Trustee, in Wst, with power ot sate, the followirsg Cescribad property ,;w�y,�
<br /> located in Hail County.Nebraska: -•� ,,... �. ��
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<br /> � Lot One (1) Btock Tv�entv (20), Packer ared Bar►'s Second Svbdivislon to tha City of Grand - - . . . .•,
<br /> ' Island� Hall �ounty, Nebraska. -"��''�`L''"r�``
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<br /> . . � wnicn nas me address ot 230 f�orth Darr Ave., .tirand Island. � � .P�_
<br /> • Nebraska 6880 ('Property Address'): St�.T ��y �
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<br /> f Fo�m 3028 9/90 NEBRASKA S:nplr F�mily FNMA/F4LMC UNiFCRM �NSTRVNENV�g� 1 �t S �. ./.�dJ.Q� " ' . ---
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