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• � � f� <br /> �1\ �' � � ` <br /> � Ca C� (n <br /> T W o ---1 <br /> [� V � 7 3 Z � ��'�1 <br /> O\ C1 S � � � m <br /> � n <br /> x ..� ` � .� p �'�D <br /> �. � v• � O � ' � <br /> � ` r� Z H fll <br /> � � � , . _ . . n � � � � � <br /> � � .j � r T' fV `'y'p <br /> � +J� � � C.11 C <br /> � � �� �.�v f\l C'�D <br /> Ci� � � .-�y- <br /> � v> Z <br /> 0 <br /> ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT <br /> we, Todd W. Swartzbauah and Chervl L. Swartzbaugh . Husband and Wife vv� i��� <br /> � <br /> � <br /> ��"�fU$tOr") G <br /> under the following Deed o(Trust to be entered Into among Trustors, Arend R. B88Ck. Attornev at Law P.�. BOX <br /> 790 Grand Island. NE 68802 <br /> ("Trustee")� <br /> and The Overland National Bank of Grand Island <br /> ("Beneticiery") covering the property descr�ed below hereby acknowledge that k 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 sale provided for � the Deed of Trust provides <br /> substantially dN(erent rights and oblipations to the Trustor than a mortgage h the event of defeuR or breach of obiigation. <br /> Trustor acknowledges that this Acknowledgment was made prbr to the execution of the D oi Trust. <br /> Executed and delivered this 13th day of M81'Ch , y <br /> �. <br /> Trunor Tru�tor Todd W. .SW �tZ U fl <br /> T�ustor ruttor (� , War aUgh <br /> DEED OF TRUST <br /> � <br /> THIS DEED OF TRUST ("SecurRy Instrument") is made on Me�Ch 13th , 1998 <br /> The trustor is Todd W. Swartzbauah and Chervl L wartrbauah Husband and Wife As Joint <br /> Tenants �°Borrower"�. <br /> Tne cn,stee is Arend R. Baack. Attornev at w P.O. Box 790 rand Islan NE 68802 <br /> The Overland ational Bank of Grand Island ("Ttistes^). The beneficiary is <br /> ur,der tne �ws o�The United States of America and whose address is 304 W28t 3�Street��t�9 <br /> Grand Island NE 68801 (^�ender•). <br /> BoROwer owes �ender the principal sum of Eislhtv Two Thousand Six Hund�ed Sixtv Four and 64/100 <br /> Doliars (U.S.S 82.664.64 ). This debt ts evidenced by Borrower's note <br /> dated the same date as this SecurRy Instn�ment ("Note"), whfch provides for monthly payments, wRh the tull debt, H not paid <br /> eariier, due and payable on MB�Ch 13, 2003 <br /> This Security Instrument secures to lender. (a) repayment of the debt evidenced by the Note, with interest, and all renewals, <br /> extensions and modiFications of the Note; (b) the payment of all other sums, wfth interest, advanced under paragraph 7 to <br /> protect the security of this Securky Instrument; and (c) the perfortnance of Borrower's covenents and agreements. For thls <br /> purpose, Borrower iRevocaby grants and conveys to Trustee, h trust, wfth power of sale, the following descr�ed property <br /> focated In Hell County, Nebraska: <br /> Lot Flve (5), Block One (1) Wes�oads Estates to th City of Grand Isiand, Hall County Nebraska. <br /> -- and-- Lot Nine (9), in Block Twenty - Six �26), in Gi(bert's Third Addition to the ��y of Grand <br /> Isiand, Hall County,Nebraska. <br /> . <br /> wn�cn nas ine address of 3448 Schroeder Ave. � �n�� Rrnari��ol 1 <br /> N , Grand Island , <br /> Nebraska 68801 ("Property Address"); $`"" aey <br /> Fmm 302E 0 90 NEBRA I �� <br /> F13te.1M0(t/B7)� �81nQ��Famlly FNMA/FHI.MC UNIFORM IN8TqUMENT <br /> Pap• 1 of 5 <br />