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ACKNOWLEDGMENT 88- 101034 I" I/We Josiah E. Hutchison and Patricia J. Hutchison, Husband and Wife ("Trustor") under that c:rtain Deed of Trust in the original principal amount of Thirty Thousand and no/1oo--------- -------------------------------------------------------------($ 30,000.00 ) and dated r ebruary 26 1 !;:l8B (Deed of Trust) to be entered into among Trustor, Arend H. daack (' 'Trustee' ') and HorvlE FEDERAL SA VINGS AND LOAN ASSOCIA nON OF GRAND ISLAND ("Beneficiary"), covering the following described property: Lot Twenty-Two (22), Block Two (2), in Southern Acres Addition to the City of Grand Island, Hall County, Nebraska. hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges tha. this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 25th day of /' February , I 9 ~. /1 ~ r/ I ',ArU,.c(cU Q. .Jhr:/.z;0/;ft7"'/ v Trustor Patricia J. Hutchison STATE OF NEBRASKA } SS COUNTY OF Hall The foregoing instrument was acknowledged before me this 19-8.8_, by Tnc:i;:,h F Hlltrhic:nn ;:,nrl Patricia J WitneSSmYhandandnotar~at r::rand Island, My commission expires: ............:T /,.;.2 / (11 ;1 ~ElAlllDTAIY- Sl"'"" ........1 .., ~'._. WILLIAM L Me lELLAN '.;:\>==. MvComm EXD Al'~ 12 ! Or Q : 25th day of February Hutchison, HU5band and Wife Nebraaka in said county, the date aforesaid. /-1//'1'" i / ~t-v~"T\ , /;/ ~ , /i/)V~ Notary Public L l