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. fl 9� (`�/' .. • � .`; Y � .l � C7.C/')'• CU /� n n (�:.,) � Cb O ---1 C*� ! " ♦/� WI = a' �'C = , ..� � � Z —1 v1/' Ca. r m � �' j � .._._.r< r" � c�i� '� � � t\l p Q ' —� � ` j �,• � � Z � r� � � � � f il � n '7 Ta CL � � .� � � > N � ;n �,, v� •-r x V1 � D � � �v � O � � � � N ' ACKNOWLEDGMENT OF DEED OF TRUST AS SECURI INSTRUMENT '�s��zsss . we, Steven R. Blavnev and Michele R. Biavney , Husband and Wife �--� �� �("Trustor^) �1 under the following Deed of Trust to be entered into among Trustors, National Bank of Commerce Trust and �� Savinqs Association, 13th & "O" SVeet. Li�coln NE 68508 (^Trustee^), and The Overland National Bank of Grand Island ("Beneficiary") covering the property described below hereby acknowledge that k is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of default or breach of obligation. Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this llth day ot March , 1998 `� I � Truetor Trusror Steven R. Blayney T��g�� Truator M chele R. Blayn DEED OF TRUST ' THIS UEED OF TRUST ("Security InstrumenY') is made on M81'Ch 17th , 1998 rne cruscor �s Steven R. Blavnev and Michele R Blayney Husband and Wife Tne cn,scee is National Bank of Commerce Trust and Savinas Association. 13th & "O" Street,�Lincoln,� NE 68508 ("Trustee"). The beneficiary is The Overland National Bank of Grand Island , which is organized and existing under cne iaws or The United States of America , and wnose address is 304 West Third Street Grand Island NE 68801 (^Lender"�. aorrower owes �ender cne prtnctpai sum ot Ninetv Four Thousand Four Hundred and 00/100 Dollars (U.S.$ 94,400.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, ff not paid earlier, due and payable on Ap�il 1. 2028 This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, wkh interest, and all renewals, extensions and modffications of the Note; (b) the payment of all other sums, wkh interest, advanced under paragraph 7 to , protect the securky of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, In trust, with power of sale, the following described property located in Hell County, Nebraska: Lot Thirty Six (36), Jeffrey Oaks Third Subdivision, in the City of Grand island, Hall County, Nebraska. wnicn nas cne address or 4037 Norseman Ave. , Grand Island. , Nebraska 68803 ("Property Address"); s�rsst aty 21p Cods Form 3028 9/90 NEBRASKA 8lnyls Famlly FNMA/FHLMC UNIFORM INSTRUMENT F1379.1M0(1/97) Pags 1 of 5