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r <br />1 <br />89- '100515 <br />TRUSTOR AC1QKoMDGZgENT <br />I /we, GROWTH MANAGEMENT CORPORATION - GRAND ISLAND, a Nebraska <br />corporation, " Trustor" under that certain Deed of Trust dated <br />January 31, 1989 ( "Deed -of Trust ") to be entered into among <br />Trustor, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOW <br />( "Beneficiary "), covering the following described property: <br />Amended Lot Four (4), Block Nine (9), Continental Gardens of <br />Lot Four (4), Block Nine (9) Continental Gardens, an <br />Additicrc to the City of Grand Island, Hall. County, Nebraska <br />togethek with all right, title and interest i n , inknd to 4-,e <br />non- exciueive easements recorded in. the Register of Deeds <br />Office; Hall County; Nebraska as Declaration of Restrictive <br />Covenants filed JuIY'.3, 1977 as Document No. 77- 000046, <br />Cross Easement Agreement between Mid - Continent Enterprises, <br />Inc. and R -Lynn Realty, Inc. pertaining to parking and <br />driveway privileges for all owners of Lots in Block 9 filed <br />January 3, 1977 as Document No. 77- 400047, Declaration of <br />Restrictive Covenants-..filed December'11, 1978 as Document <br />No. 78- 008105, and Cross Easement Agreement executed by <br />Mid - Continent Enterprises, Inc. and.. Americana Investment <br />Group. Inc.. fijgA xay 1Y" "'a' as Document No. 81- 002490, <br />Which has a property address Of .2325 North Webb Road, Grand Island, <br />Nebraska 66802 <br />hereby acknowledge that it is understood that: <br />a) the Deed of Trust to be executed by Trustor is a trust <br />deed and not a mortgage, and; <br />b) the . .power of sale provided for in the Deed � a�f Trust <br />provides substantially different rights and <br />obligations to the Trustor .than a mortgage in the <br />event of a default or breach of ".obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to the <br />execution of the Deed of Trust. <br />Executed and delivered this 31st day of January, .l9Sg. <br />TRUSTOR: <br />GROWTH AG T CORPORATION - <br />GRAND D, Nebraska <br />Corp a <br />By: <br />Roge D. Moore resident <br />Jan a M. Moore, Sec etary <br />7 <br />E <br />