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• � Z � 2 D � � _ �O � v� . X = � � � � � � � Z � a� n � � _,..� . :� � � ' � �.. . p � � "'i -� � � �'� T � F--� G� �" "4'• ''' .� Z rn N> �m x:* � �, �. cz, O --� "'L7 � `i � � rr— i W .N—r n /� � � �� N 1 � ...0 �c � �O �� v� � � Ot� N P\1 �- � Z . b ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMEN � TC� we, Daniel P. McElliaott and Kristine R. McElli�ott Husband and Wife As Joint Tenants ,("Trustor^) under the following Deed oi Trust to be entered into among Trustors, National Bank of Commerce Trust and Savings Association. 13th and "O" SVeet Lincoln. NE 68508 and The Overland National Bank of Grand Island ("��stee^�, ("Beneficiary") covering the property described betow hereby acknowledge that k Is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not e 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 defauR or breach of obligation. Trustor acknowledges that this Acknowledgment was made prior to the execution of the Desd of Trust. Executed and delivered this 31St day of M81'Ch , y 98 � �--- . Trustor Trustor Daniel P. McEllig � ��/�Y/��S-�'�-�.�� Trustor Truator �istine R. IYICCIIIg DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on M81'Ch 31 St , 1998 rne trustor �s Daniel P. McEllipott and Kristine R McElliaott Husband and Wife As Joint Tenants ("Borrower"). Tne cruscee �s National Bank of Commerce Trust and Savinqs Association 13th and "O" Street, LII1COIf1 NE 68508 ("Trustee"). The beneficiary is The Overland National Bank of Grand Island , wnicn is organized and existing ►,�der tne �aws of The United States of America , and whose address is 304 West Third Street Grand Island NE 68801 �~Lender"�. eorrower oWes �ender cne pr�nc�pai sum or One Hundred Sixtv Six Thousand Five Hundred and 00/100 Dollars (U.S.$ 166,500.00 ). This debt is evidenced by Borrowe�'s note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on April 1, 2028 This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and mod'rfications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security 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 H811 County, Nebraska: Lot Two (2), Block Seven (7), Replat of Riverside Acres, City of Grand Island, Hail County, Nebraska. which has the address of 1404 G�811d AV@. , Grand Island. Nebraska 68801 ("P�Operty Address"); strest p�y � Form 3028 B/90 NEBRA8KA Sinple Famlly FNMA/FHLMC UNIFORM INSTRUMENT /�p�/y F1318.�MQ(1/B7) Pags 1 of 5 ,( ]/ //l /��jyJ �-�C!� '^��'",j_