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"� . _(�� 3'��, c.� c� trr �� L' � � � n m � Cp o --1 � '`� � ` • i� D � ?'C 7 � 'O —i .rn W D ' v\ � i"� � `t �� --t � �� 0, � � ' oD � �\ O � •�. � �, ? '\ '� ', �• M-� y 'Y i � �t7 `/� �(e'I .t �<��'� � A �� �` � j��,� � r S� �n7 � � 1�\ _'� `�\ � U� � � � .. �•.� o n � 3 �c, � � � "� � � � � o � , o 0 � � ACKNOWLEDGMENT OF DEED OF TRUST AS SECURITY INSTRUMENT � � We, DONALD R. DEITEMEYER and MARILYN L. DEITEMEYER . Husband and Wife � ,("Trustor") \� under the following Deed of Trust to be entered into among Trustors, FARMERS STATE BANK AND TRUST COMPANY OF SUPE_RIOR BOX 268 SUPERIOR. NE 68978-0268 ,("Trustee"), and BANK OF DONIPHAN ("Beneficiary") covering the property described below hereby acknowledge that it 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 3rd day of Apl'll , 1998 � � Trustor Trustor D ALD R. D EMEYER Trustor Trustor AR EI DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on April 3rd , 1998 The trustor is DONALD R. DEITEMEYER and MARILYN L. DEITEMEYER Husband and Wife as Joint Tenants with Riqht of Surivorshiq ("Borrower"). The trustee is FARMERS STATE BANK AND TRUST COMPANY OF SUPERIOR BOX 268 SUPERIOR NE 68978-0268 ("Trustee"). The beneficiary is BANK OF DONIPHAN which is organized and existing under the laws of the State of Nebraska , and whose address is BOX 270 DONIPHAN. NE 68832 ("Lender"). Borrower owes Lender the principal sum of Sevent Five Thousand and 00 100 Dollars (U.S.$ 75,000.00 ). 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, if not paid earlier, due and payable on MaV 1, 2013 This Security Instrument secures to Lender: (a) repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications 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 foliowing described property located in HALL County, Nebraska: THE SOUTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 3, TOWNSHIP 9 NORTH, RANGE 10 WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA which has the address of 10750 SOUTH BUFFALO ROAD , DONIPHAN Nebraska 68832 ("Property Address"); street aty ip Code Form 3028 9/90 NEBRASKA Single Famlly FNMA/FHLMC UNIFORM INSTRUMENT F13i6.1MG (1/97) Page 1 of 5 i00000es