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<br />I <br /> <br />ACKNOWLEDGMENT <br /> <br />88-101542 <br /> <br />IIWe, Vern L. Stumpenhorst and Penelope R. Stumpenhorst. Husband and Wi fe ("Trustor") <br /> <br />under that certain Deed of Trust in the original principal amount of F i VB Thnllc;::lnrl '::;P\lpnty Three Elnd <br />75/100----------------------------------~--------------- ($ ~1n?~_75 ) and dated <br />March ~ 1988 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack (' 'Trustee' ') and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND (..Benefici~ry"), covering the following described property: <br /> <br />Lot Three (3), Block Three (3). LeHeights Second Subdivision. in 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 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 23 day of Pi3rch . 19~. <br /> <br /> <br />T<m'.' ~L.~~ <br />@~1", 'R ~1 <br />Tmslor Pen ope R. Stumpenh rst <br /> <br />STATE OF NEBRASKA} <br />S5 <br />COUNTY OF Hall <br /> <br />The foregoing instrument was acknowledged before me this 23 <br />19~.by Vern L. Stumpenhorst and Penelope R. Stumpenhorst. <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />My commission expires: Apr; 1 5, 1988 <br /> <br />day of March <br />Husband and WifR <br />in said county, the date aforesaid. <br /> <br />t{nt&U4 <br /> <br />Notary Public <br /> <br />W, (!JC{~V <br /> <br />6,t' . IIIflW.lIOTART-I'ttull".b <br />ANDREW McCUMBER <br />IIJ CotIII. f41fr1 , l1li <br /> <br />L <br />