Escrow & Title
In Nebraska, which instrument is typically used as the security document pledging real property as collateral for a mortgage loan?
ADeed of trust (trust deed) with a trustee
BA mortgage or deed of trust — Nebraska allows both instruments✓ Correct
CA land contract only
DA promissory note alone
Explanation
Nebraska allows both the traditional mortgage (two-party instrument) and the deed of trust (three-party instrument involving a trustee) as security instruments for real estate loans.
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