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<br />ACKNOWLEDGEMENT <br /> <br />f <br />tr <br />~ . <br />I' <br />~ <br />i <br />!; <br />~ <br />f <br />f <br />f <br />~ <br />~, <br />f <br />t <br /> <br />87- 107243 <br /> <br />Ronald L. Smith and Sharon K. Smith, husband and wife and <br />l/We, Richard A. Rosno and Loyola M. Rosno, husband and wife ("Trustor"). <br /> <br />under that certain Deed of Trust dated December 18, 1987 ,(" Deed of Trust") <br /> <br />to be entered into among Trustor, Firslier Bank, National Association, Omaha, Nebraska ("Trustee") and <br /> <br />FirslierBank, National Association, Omaha, Nebraska ("Beneficiary") covering the following described <br /> <br />property: <br /> <br />LEGAL DESCRIPTION: <br />Lot One (1) and the West Thirty (30) feet of Lot Two (2), Lush Subdivision, <br />in the City of Grand Island, Hall County, Nebraska, comprising all of Lot One <br />(1), Island Acres Number Seven (7), in the City of Grand Island, Hall County, <br />Nebraska, situated in part of the South Half (S~) of Fractional Section <br />Seven (7) and part of the Northwest Quarter of the Southwest Quarter (NW\SW\) <br />of Section Eight (8), Township Eleven (11) North, Range Nine (9) West of the <br />6th P.M., Hall County, Nebraska, EXCEPT a certain tract conveyed to the City <br />of Grand Island, Nebraska in Warranty Deed recorded as Document Number <br />83-004241. <br /> <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be excuted by Trustor is a trust deed <br />and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially dif- <br />ferent rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. <br /> <br />Trustor acknowledges that this Acknowledgement was made prior to the execution of the Deed of Trust. <br /> <br />Executed and delivered this 18th <br /> <br />,19 87 <br /> <br />December <br /> <br />day of <br /> <br /> <br />M/P <br /> <br />Trustor <br />Ronald L. Smith <br /> <br />A/Y/h~ JJul/u <br /> <br />Sharon K. Smith <br /> <br />~,,~~ ~ ~~ otc.r1l1.f52....~1'-'CJ" <br />Trustor <br />Richard A. Rosno Loyola M. Rosno <br /> <br />State of Nebraska ) <br />) ss. <br />County of Hall ) <br /> <br />The foregoing instrument was acknowledged before me this / f? r--L. <br /> <br />of lJecemhey-. ,19 R7 ,by 1'fi:r>dtl C::/n.'fL <br /> <br />Sb.l'"OY> 'Sh7:~ .,f,'a-IutJ Je.sno. 4vo/a. ~ShO <br />- '; -, I <br />Wintess my hand and notarial seal at G I~a ....~ h fa, /1"/ <br /> <br />in said County, the date aforesaid. <br /> <br />My commission expires: //122-/9/ <br />I / <br /> <br />day <br /> <br />.fl,~~V?~~ <br />Notary Pub ic <br /> <br />r <br />i <br />,. <br /> <br />t.J::=-ra:, <br /> <br />t. c we iJUw 'l'a81 'II. <br /> <br />f <br /> <br /> <br /> <br />,-:--- <br /> <br />f <br /> <br /> <br />~J~ <br />