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ACKNOWLEDGMENT 9o.-4 0 6 5 0 3 <br />1IWe. Allen D. Vargason and Laurie J. Vargason, Husband and Wife (44Tnustor") <br />under that �n Deed of Trust in the otWnal principal amount of r Y ousan ne un re an 00/ i 00 <br />aallars-------------------------------------------- - - - - -- (s 31F,900.09 and dated _.. - <br />n er , I (Deed of Trust) to be entered into among Trustor. <br />- - , A rERFM M71"r-c—fi '(-Trustee")and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION - -- <br />OF GRAND ISLAND ( "Beneficiary" ), covering the following described property. _= - <br />; <br />L-ot One (1), in Block Sixteen (16), H.G. Clark's Addition to the City of <br />;rand Island, Hall County, Nebraska. <br />41—M <br />• .;ti .�.S�ii <br />hereby acknowledge that it as =derstood that (a) the Dead of Trust to be en Ced by Tnutor is a trust d'rasi and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and oiNkgations to <br />the Tnutor than a mortgage in the event of a default or breach of obligation. <br />Tnutor acknowledges that this Ackno; led hh ent was made prior to the execution of the Deed of Trust. <br />Executed and delivered this day of November _ 1990 <br />s' <br />Tnutor <br />Allen D. Vargason <br />' <br />Tnuc <br />Lauri 4A. 11ar son <br />SrAl'E OF NEBRASKA <br />COUNTY OF Hall <br />13th November .`r`'.` << t ;,i•,�,. <br />The forego�ag instruao.�m was acknowledged before me this day of - <br />19�by Allen D. Vargason and Laurie J Vargason, Husband and Wife <br />Witness my hand and notarial at Grand Island, Nebraska in said co , the.date raferemid. <br />My co ices: <br />�R E14 Avg tZ l9Sg, Notary Public <br />b <br />+ <br />r <br />