The purpose of this article is to provide an overview of the Nebraska Trust Deeds Act so as to familiarize the practitioner with the trust deed as an alternative security device. This article first examines the general characteristics of a trust deed, distinguishing such an arrangement from a mortgage. The Nebraska Act is then analyzed with a view toward raising several of the procedural and substantive issues left unanswered by the drafters of the Act. It is hoped that this article will enable the practitioner to become familiar with trust deeds and thus stimulate the use of trust deeds as a security device in Nebraska.
Richard P. Garden Jr.,
In Deed an Alternative Security Device: The Nebraska Trust Deeds Act,
64 Neb. L. Rev.
Available at: http://digitalcommons.unl.edu/nlr/vol64/iss1/5