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Nr .;;y szl~ ACKNOWLEDGMENT 103642 .90 Ifwe Bandy G. Schurer. an unmarried erson,snd Joyce A lrhatstone an urnnarried " under that certain Deed of Trust in the original principal amount of _Ei9l1&IMn. Thousand' Four tMared and no 100 Dollars . --(s 78,400.00 )and dated June 22 1590 (Deed of Trust) to be entered into among Trustor, ar Ahlschwede. Attorney _ ("Trustee") and THE EQUITABLE BUILDING AND LOAN ASSOCIATION OF GRAND ISLAND ("Beneficiary"), covering the following described property: Part of Lot Fifteen (15) of the County Subdivision of the South Half (S36) of the Southeast Quarter (SE!) of Section Sixteen (16), in Township Eleven (11), North, Range Nine (9), West of the 6th P.M. more particularly described as follows to-wit: Commencing at a point Sixteen (16) Feet Southerly from the Southwesterly Corner of Lot Four (4), in Block Four (4), in Wiebe's Addition to the City of Grand Island, Nebraska, and on a line with the Westerly boundary line of said lot, thence running Southerly along the Easterly boun- dary line of Eddy Street, in said city, for a distance of Sixty-Four Feet (64') thence in an Easterly direction, parallel with the Northerly boundary line of John Street, in said City, for a distance of Sixty-Six Feet (66'), running thence in a Northerly direction, parallel with the Easterly boundary line of Eddy Street, for a distance of Sixty Four (64) Feet, running thence Westerly, parallel with the Northerly line of John Street, for a distance of Sixty-Six Feet (66') to the place of beginning, Hall County, Nebraska, 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 a 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 22nd day of June , 1g~Q Trustor i~a dy G. Schurer - Trustor ` Joyce A. Whetstone STATE OF NEBRASKA SS COUNTY OF Hal.". The foregoing instrument was acknowledged before me this 22nd day of --&n& 19 90 , by a G • Schurer, an_ unmarried erson and Joyce A. Whetstone an unmarried erson. Witness my hand and notarial seal at Grand Island Nebraska in said county, the date aforesaid. Notary Public My Commission expirhs: 6lrlOAl NOt~~A a (6019 SHER.A J. ALDEA My eater, 1* Nw. !a 19 1 i