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A <br />L <br />ACKNOWLEDGEMENT <br />101512 <br />Gary Gary E. Gannon-. &' Constance L. Gannon, husband & wife, as joint <br />U ft tenants with r 4ht of survivorship and not as tenants in common (" Trustor'').;. <br />under that certain Deed of'fiiist dated March 23, 1989 A" Deed of Trust ") <br />to be entered into • aman+g:Tivstor, FirsTier Bank, National Association, Omaha, Nebraska j" Trustee') and <br />FirsTier Bank, National. Association, Omaha, Nebraska ( "Beneficiary") covering the following described <br />property: <br />LEGAL DESCRIPTION: <br />Lot Rine (31), in Block Six (6) of S.^.h mmer's Addition <br />to the City-!.--6f Grand Island, Hall County, Nebraska. <br />(subject to-mortgage of record to First Federal Savings <br />and Loan.Asrsociation of Lincoln, Nebraska in the amount <br />of $20,00C`00 dated February 13, 1875, filed in Book 168, <br />Page 72, ffa l County, Nebraska.) <br />hereby acknowledge that it is unders=d that fa) the Deed of Trust to be excuted by Trustor is a trust deed <br />and not a mortgage and (b) the power of We provided for in the Deed of Trust provides suhstantialIV dif- <br />tetent rights and obligations to the Trustor than a mortgage in the event of a default or breach os abligation. <br />Trustor acknowledges• that this Acknowledgement was made prior to the execution of the Deed of Trur. <br />Executed•and delivered this 23rd day of March ..19S9 <br />Trustor Gary E. Gannon <br />- Trustor <br />Constance L. Gannon <br />Mate of Nebraska ) <br />) ss. <br />County of Hail ) <br />The foregoing instrument was acknowledged before me this <br />Of 1, _. ti , 19_ Y -'! , by <br />_7 <br />Winters my he and notarial seal at ra 2 J ZL.. -, <br />in said County, the date aforesaid. <br />My commission expires: <br />LXEM1 tt0(AAl S3taU N Mraii <br />OMiEEN E LANE <br />t(fy &WIL ¢r,A hty t8 I <br />Noiary Public <br />day <br />0 <br />r, <br />