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<br />ACKNOWLEDGMENT <br /> <br />88- 100957 <br /> <br />,0 <br /> <br />I/We, Walter L. Vargason and Linda J '_ Vargason, Husband and Wife --------- ("Trustor") <br /> <br />unJr that certain Deed of Trust in the original principal amount of T'oIpnty Fi\le Thou~~nB 5nS no/1oo <br />----- -------- ------------------------- -------- ----- ---- ($' 0 . 0 ) and dated <br />February 24, 1 988 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack ("Trustee") and HOME FEDERAL SA VINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />:' <br /> <br />Lot Five (5), Block Two (2), in Normandy Estates, An addition to the City of <br /> <br />Grand Island, Hall County, Nebraska. <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 obligati0ns to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that ,his Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 24 th day of F cbruory , 19~. <br /> <br /> <br />STATE OF NEBRASKA} <br />SS <br />COUNTY OF Hall " <br /> <br />The foregoing instrument was acknowledged before me this 24th day of February <br />19~,by Walter L. Vargason and Linda J. Varqason, Husband and Wife <br /> <br />Witness my hand and notarJal at Grand Island, Nebraska in said county, the date aforesaid. <br /> <br /> <br />MY'O:~~~~ ~<,19~i~ -Ih~ <br />f.J: .._.....It -I N"~,P,". , <br /> <br />r- <br />I <br /> <br />L <br /> <br />.~ <br />/ <br />t:.. <br />