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I <br />I <br />ACKNOWLEDGMENT 90 105935 <br />I /We, Brian A. Gray and Deborah A. Gray, Husband and Wife ( "Truster ") <br />wader that certain Deed of Trust in the oriinsl principal amount of -----o- r - - t Seven Tho n <br />--------------------- <br />(f_., )anddated <br />October 1 , (Deed of Trwt) to be enteral Into among Trustor, <br />ren aac ( "Trtsstee� �) and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beaefidary"), oovering the following described property: <br />Lot Onq (1), Block One 0 ), in Le Heights Subdivision, in the City of Grand Island, <br />dell Cconty, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed o. ''rust to be executers by Truster is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Dad of Trust provi4es substantially differew rights and obligations to <br />the Truster than a mortpage in the event of a defauk or breach of obligation,. <br />j Truster acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered 16th day of October 19 90 <br />Tnum Brian A. Gr <br />i. <br />' Trulm Deborah A. Gray/ <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF Hal l <br />The fonoing instrument was acknowledged before me this 1 5th day o f — October <br />I9 90 by Brian A. Gray and Deborah A. Gray, Husband and Wife <br />Witness m hand and notarial seal at Grand Island. Nebraska <br />y _. in said county, the date aforesaid. <br />My comn"ou expires: 3--1 � <br />P <br />' l'--ZwiC' of tPwM, Cyr MM fit Ewa n iinu j fYVtlt <br />I <br />L <br />sst. <br />I <br />