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ACKNOWLEDGMENT 90- 407096 <br />�4t.•ra I/We, John Js Gillespie III and Cynthia M. Gillespie, Husband and Wife <br />_("Trustor") <br />�` ' wader that certain Deed of Trust in the original principal amount of Forty -Seven Thousand Six Hundred <br />"�N + Fifty _ -- -_ -_ - -- (s 47,650.00 ) and dated <br />_ _y Dollars and 00/100 - -- "' <br />December 5, 1990 _ (Deed of Trust) to be entered into among Trustor, <br />yt rr+rmorrtat Fara�al Bwk. A Federal Savirxrs Bait ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF ()RAND ISLAND ( "Beneficiary'•). covering the following described property: <br />Lot Twenty -four (24), in "Buenavista Subdivision ", an Addition to the City of <br />Grand Island, Hall County. Nebraska... -- <br />hereby acknowledge that it is understood that ta) the Deed of Truss to oe excsute�l by Tru3t.,r is a trust dt�d and not s <br />- -- —' <br />mortgage and (b) the power o5 We provided for in the Deed of Trust provides substantially daffo =mot rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the [Iced of Trust. <br />Executed and delivered this 5th day of December l9 90 <br />r <br />4-- <br />R. <br />Ad c 7; <br />rr,,,,c John V. Gillespie-III <br />Trusty* nthia M. Gillespie <br />• <br />art <br />STATE OF NEBRASKA <br />SS <br />1 �' <br />COUNTY OF HALL <br />i <br />5th December <br />The foregoing instrument was acknowledged before me this day of <br />J. Gilles.-•ie III and Cynthia M. illespiie, K. -scan] an W fe <br />19 90 _by John <br />Witness my hand and notarial seal at rand sland, ebraska in said county, the date aforesaid. <br />My commission expires: <br />�• L "ClUL4 Barr NNW <br />L. <br />&A gyp t� 1991 <br />