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ACKNOWLEDGMENT <br />0A Uormc-.rly Mary M. Schultz) <br />,/We i Scott O. Sahling & Mary W '84h1ing, fw.--,Pand And wife <br />( "Borrower "),� under that certain Deed of Trust dated <br />( "Deed of Trust ") to be antered': into among Borrower, <br />Bank of Wood River ("Trustee") <br />Bank of Wood River w <br />"Lender ") , covering the fallowing, describes) property: <br />Lot Six (6) in Block Two (2) in Normandy Estates am addition to the City <br />of Grand Island, Ne. <br />7 <br />hereby acknowledgd that it is understood that (a) the Deed <br />of Trust to be executed by Borrower is a tryst deed and not <br />a mortgage and (bathe power of sale provided for in the <br />Deed of Trust pioivides substantially different . rights and <br />- <br />obligations to the,'Bhrrower than a mortgage in the event of <br />'= <br />a default or breach, of obligation. <br />f. <br />Borrower acknowledges that this Acknowledgement was <br />made prior to the execution of the Deed of Trust. <br />Executed and delivered this 28 1day of Dec <br />19 88 , <br />yew, <br />Borrower Scott 0 S ling ' <br />, <br />Borro s- ary a n 3_W9 <br />State of Nebraska .) <br />Y <br />ss . <br />County of HALL <br />The foregoing instrument Vats acknowledged before me <br />this z$th day of December , lg 88 , 'by Scott 0. Sahling <br />and Mary M. Sahling, husband and wife <br />Witness my 4"d and notarial seal at woad River, NE <br />in said County, :, :€die date afores a <br />14y commissiioh, expirep:. RA�� <br />Notary P n u,,,. t. is <br />