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Sq_,.101055 ACKNOWLEDGMENT I /We. ( "Trustoel) I under that certain Deed of Trust in the original principal amount of wen ou_sand and no/1 - - - - - -- ------------ - - - - -- - - - - - - -- - - -•-- - - - - -- - - - -Y -- is 20,000.00 ) and dated February '28 1989 (Deed of Trust) to be entered into amon= Trustor, _ arena as ('Trustee ' ) and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OFGRAND ISLAND (118taeficiary"), covering the followinj described property: Parcel 1: Tiie�Westerly Ten (10) Feet of the Wrtherly Seventy -Five (75) feet, and the Westerly' Four (4) Feet of the Southerly 'Fifty -Seven (57) feet of Lot One (1), also the Easterly Twenty -Seven (27) feet of Lot Two (2), all in Block Fifteen (15), in the Original Town, now City of Gad Island, Hall County, Nebraska. Parcel 2: Lot Six (5), in Block- Forty- -Three (43), of Russel Whe' :er's Addition to the City of Grand Island, Hall County,:'Nabraska hereby acknowledge that it understood that (a) tke Deed of Trust to be..e tecuted by Trustor is a trust deed and not M . . 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 deb=ated this 28 day of February 19 89 EY PROPERTIES, J . Tnutor GLAND E. REYNOLDS, IDENT '- rustor ROLAND E. REYNOLDS, DIVIDUALLY Trustdr LUE►LA M. REYNOLgS, INDIVIDUALLY STATE OF NEBRASKA COUNTY OF Hall SS 28 February foregoing instmTnt was �owlr day of �pe s, 4e this 19 by ooney nc. ' Witttet+€ ttty hard and notari cal at ran Island,. ,c raa a in said ccunty, the date aforesaid. My commission expires: a /,9:v2- f odrib :i.. . �N Notary Public Y "1 M �s � a 1. . � S •Y {t, M �s � a