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� rn = f1 <br /> � m .. <br /> , . ^ _ � � � � � � � <br /> . � X �;, � � � � �O� <br /> i" i -� p � c'"''o <br /> -. <br /> "� .7 �� � ° � },,,�sC. <br /> ,� r�l � <br /> :7 � � y.. W O N <br /> •`n � *t r :a "� <br /> C '� � � > w c�i� <br /> � n F-+ � f_''� <br /> � D� t!`�� <br /> � � . �� <br /> � � �� <br /> Z <br /> 0 <br /> � ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT <br /> we, Tom V. Stimson and Maraaret J Stimson Husband and Wife As Joint Tenants <br /> � <br /> ,("Trustor") �� <br /> under the following Deed o(Trust to be entered into among Trustors, National Bank of Commerce Trust and <br /> Savin�s AssociaUon. 13th and "O" SVeet. Lincoin. NE 68508 <br /> and The Overland National Bank of Grand Island (�Ngt�n�' <br /> ("Beneficiery") covering the property descr�ed below hereby acknowledge that ft 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 provfdes <br /> substantialy different rights and obligations to the Trustor than a mortgage in the event of defauR or breach of obligatfon. <br /> Trustor acknowledges that this Acknowledgment was made prior to the executbn of the Deed of Trust. <br /> Executed and delivered this 31St day of MBfCh , 1998 <br /> /.�-v✓� I/��7�-r� <br /> T`°"°' Trustor Tom V. Stimson <br /> 7ruetor Trustor Margaret .�'it�l�fll$Ofl <br /> DEED OF TRUST <br /> THIS DEED OF TRUST ("Security Instrument") is made on March 31st , 1998 <br /> The trustor is TOI11 V. Stimson and Mars�aret J. Stimson Husband and Wife As Jotnt Tenants <br /> The trustee is National Bank of Commerce Trust and Savin s Association 13th and "O" SVeet orrowe�^�. <br /> LinCOln NE 68508 (^rn,stee"). The beneficiary is <br /> The Overland National Bank of Grand Island which is organfzed and existing <br /> under cne �aws ot The United States of America and wnose address is 304 West Third SVeet <br /> Grand Island NE 68801 <br /> eorrower owes �ende�che princ�ai sum of Sixtv Five Thousand Three Hundred and 00/100 ("Lender"). <br /> Dollars (U.S.� 65,300.00 ). This debt is evidenced by Borrower's note <br /> dated the same date as this Security Instrument ("Note"), whbh provides for monthly payments, wkh the full debt, 'rf not paid <br /> earlier, due and payable on Apl'II 1, 2013 <br /> This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, wfth interest, and all renewals, <br /> extensions and mod'rficat(ons 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 of Borrower's covenants and agreements. For this <br /> '` purpose, Borrower irrevocaby grants and conveys to Trustee, in trust, with power of sale, the following described property <br /> located � H811 County, Nebraska: <br /> Lot Eighteen (18) Block Three (3), Colonial Estates Second Subdivision, an Addition to the city of <br /> Grand Island, Hall County, Nebraska. <br /> wntcn nas cne address of 3009 West 10th Street Grand Island. <br /> Nebraska 68803 ("Property Address"); 8trset �y <br /> Form 3028 9/g0 NEBRA8KA g�jndl� Faml FNM <br /> F1319.1M�(t/97) o �Y A/FHLMC UNIFORM IN8TRUMENT <br /> Pays 1 of 5 /� M_'rL <br /> � <br />