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<br /> ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT .
<br /> we, Ravmond K�Seaman and Twila M Seaman Husband and Wife As Joint Tenants�
<br /> — ��`,f�,
<br /> ,("Trustor") ,��,
<br /> under the following Deed of Trust to be entered into among Trustors, The Overland National Bank of Grand ���
<br /> Island 304 West Third Street Grand Island NE 68801 �\
<br /> and The Overland National Bank of Grand Island .("T�stee^�,
<br /> ("Beneficiary") covering the property described 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 in the Deed of Trust provides
<br /> substantially different rights and obligations to the Trustor than a mortgage in the event of default or breach of obligation.
<br /> Trustor acknow�dges that this Acknowledgment was made prior to the execution of the Deed of Trust.
<br /> Executed and delivered this 26th day of M81'Ch , 1998
<br /> _ �
<br /> Trustor Trusto mond K. Seaman
<br /> i� A� �
<br /> 7rustor Trustor� y�yj�a�-ea 8n •
<br /> DEED OF TRUST
<br /> THIS DEEO OF TRUST ("Security Instrument") is made on Met'Ch 26th 1998
<br /> Tne �rustor �s Ravmond K. Seaman and Twila M Seaman Husband and Wife As Joint Tenants
<br /> Tne cruscee �s The Overiand National Bank of Grand Island 304 West Third Street Grand Isl�and �NE��
<br /> 68801
<br /> The Overland National Bank of Grand Island ("T�scee^). The beneficiary �s
<br /> u�der cne iaws ot The United States of America , and whose address is 304 IWeSt Tht1'ddStre@tsting
<br /> Grand istand NE 68801
<br /> Borrower owes �ender cne pr�nc�pai sum or Twelve Thousand Nine Hundred Fiftv and 00/100 ("Lender"�.
<br /> Dollars (U.S.$ 12,950.00 ). This debt is evidenced by Borrower's note
<br /> dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, ff not paid
<br /> earlier, due and payabte on Apfll 1, 1999
<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, with interest, advanced under paragraph 7 to
<br /> protect the security of this Security Instrument; and (c) the performance ot Borrower's covenants and agreements. For this
<br /> purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br /> located 'm H811 County, Nebraska:
<br /> Lot Ten (10, Block Two (2), Morris Addition to the City of Grand Island, Hall County, Nebraska.
<br /> which has the address of 121 W, 19th Street
<br /> Nebraska 68801 P 5,�,,, , Grand_Island.
<br /> zip coa. �" roperty Address"); q,y
<br /> Form 3028 B/90 NEBRASKA Sinyls Family FNMA/FHLMC UNIFORM INSTRUMENT
<br /> F1318.LM0(1/97) �ni/� �
<br /> Page 1 of 5 i'"��
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