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Is— <br />ACKNOWLEDGMENT $9-- 102481 <br />Frank E. Lofgreen and Patricia A. Lofgreen, husband and wife, <br />I /We, Voln_ey 0. Lofgreen and Mary E. Lofgreen . husband and wife ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of F ort yt Thousand E i�ht H u n dre d <br />and poll --------------------------- - - - - -- Dollars- - ($40.800.00 and dated <br />may u, luau (Deed of Trust) to be entered into among Truster. <br />Ear ^ A lschwede , Attorney ( "Trustee "I and THE EQUITABLE BUILDING AND <br />LOAN ASSOCIATION OF GRAND ISLAND ( "Beneficiary "). covering the following described property! <br />The Wiest Forty Eight, (48) feet ef. Lot Six (6 )-s and -the East Thirteen (13) "feet feet <br />of Lot Five (5) , jn, 81ock Three (3) , in Westerhaff f s First Subdivision to the <br />City of Grand Island, Ha11..Caunty, Nebraska, <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Truster is a trust deed and not <br />a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and <br />obligations to the Truster than a mortgage in the event of a default or breach of obligation. <br />Truster acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust, <br />Executed and delivered this 12th . day of May 9 7�;r ,19 <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF H a 11 <br />The foregoing instrument was <br />19 89 , by Frank E LofgreE <br />its Ipw-bb N its <br />sHEILA A ALOEN <br />rrc«�t*Nw.aIn <br />My Commission expires: /� y <br />Trustor <br />before me this <br />Notary Public <br />rgreen <br />day of _ <br />3M gate aforesaid. <br />011 <br />r <br />M <br />1 <br />7 <br />