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<br />ACKNOWLEDGMENT <br /> <br />88-100847 <br /> <br />r <br /> <br />l/We, ORE ISBACH' S STEAK HOUSE. INC. ("Trustor") <br />under that certain Deed of Trust in the original principal amount of ONE HUNDRED SIXTY ONE THOUSAND AND NO/100 <br /> <br />_____________,________________________________________------ ($ 161.000.00 ) and dated <br /> <br />February 16th. 1988 (Deed of Trust) to be entered into among Trustor, <br />AREND R. BAACK. attorney ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />ALL THAT PART OF LOT THIRTEEN (13), LYING WEST OF THE WESTERLY LINE OF PINE STREET OF <br />VANTINE'S SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, <br />EXCEPT TRACT CONDEMNED BY THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND EXCEPT <br />TRACT DEEDED TO THE CITY OF GRAND ISLAND, NEBRASKA BY WARRANTY DEED RECORDED AS DOCUMENT <br />NO. 82-001403. <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different 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 Deed of Trust. <br />Executed and delivered this 1 Rth da~f/' n------.... FRhrlli'lry ,~ <br /> <br />QR~I~~;~~~;7~"7 <br /> <br />Trustor Patrick F. Dowd, President <br /> <br />#dzd(JAJ~ <br /> <br />~~ary Jo Dowd, Secretary <br /> <br />, 19..Ba-. <br /> <br />// <br /> <br />STATE OF NEBRASKA } <br />SS <br />COUNTY OF HALL <br /> <br />The foregoing instrument was acknowledged before me this 16th <br />19~,by PATRICK F. DOWD. President and MARY JO DOWD. <br />Witness my hand and notarial seal at Grand IS1an~ Nebraska <br />My commission expires: '\! u '^ Q.. (}... C(, ('1 I . <br /> <br />(;1:" n,- ~-~....... I <br />-,... <br />If...... JIll.. - <br /> <br />day of February , <br />Secretary of Dreisbach's Steak House, <br />in said county, the date aforesaid. Inc. <br /> <br /> <br />-I L~L.~ <br /> <br /> <br /> <br />j <br />'u.:1j <br />,~" <br />.-';';' <br />, ,~ <br />J::~~I~~ <br /> <br />;~~ - <br /> <br />:"~~~CI~' . <br />i\ <br />~~ <br /> <br /> <br /> <br /> <br />t~1 <br />''3, <br />m <br /> <br />I <br /> <br /> <br />-:~ <br /> <br />~ <br />1 <br /> <br />r-- <br />I <br />I <br />I <br />\ <br />I <br /> <br />~,- <br />