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FOAL LWOW 89103448 <br />I /We, <br />r t at certain Deed ui OS 1 ("Trustor") u Z <br />( "Deed of Trust ") to be entered into anong Trustor, FIRST FEDERAL SAVINGS AND AND LOAN ASSOCIATION OF LINCOLN ( "Trustee "), and FIRST FEDERAL <br />s SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("'Beneficiary"), covering . the <br />following described property: <br />1 <br />f LEGAL DESCRIPTION: <br />? Lot 8 1,1ock 1 in Sotha&n•a Suhclivision in Grand Island,and Nall County Nebraska <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different ri&ts and obligations to the Trustor than a <br />i mortgage in the event of &.default or breach of obligation. <br />Truator acknowledges that thin. Acknowledgement was made prior to <br />the execution of ths: Deed of Trust. <br />i Executed and delivered:` this 5th day of July , 198. <br />- .A �y�0A <br />Triastor ancy Ann Favinger <br />' rus Car <br />Sts zt, of Nebraska ) <br />ss. . <br />County of NALL ) <br />The foregoing.instrnment was acknowledged before me this 5th <br />day Of July , 19 S9 , by Nancy Ann Fari tiger <br />r' <br />Witness my hand and notarial seal at Grand island, Nebraska <br />in said County, the date aforesaid. <br />My comission expires: `� � �•_. _ __ / /93t3 <br />KMAU <br />MARILYN J. s '� otary Publit <br />845A - <br />S <br />i <br />i <br />W� <br />1 <br />