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<br />I <br /> <br />ACKNOWLEDGMENT <br /> <br />88-101560 <br /> <br />r: <br /> <br />I1We, Rollie Newman and Jolene Newman, Husband and Wife ("Trustor") <br />under that certain D~d of Trust In the original principal amount of M Thirty Five Thousand Three Hundred Thirtv <br />Three and 96/100 -----------------------------~------------- ($ 35,333.96 ) and dated <br />March 24, 1988 (Deed of Trust) to be entered into among Trustor I <br />Arend R. Baack _ (' 'Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIA nON <br />OF ORAND ISLAND (' 'Beneficiary"), covering the following described property: <br /> <br />LOT TWENTY FOUR (24) AND THE EASTERLY FIFTEEN (15) FEETOF LOT TWENTY THREE (23), IN <br />BLOCK TWO (2), IN MORRIS ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />i' <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 24 th day of March , 19~. <br /> <br />?'~.u ,,-111) u ~~_ <br />Trustor Rallie Newman <br /> <br />\J A 1.."", ~ D.uJnn.r."" J <br />~~ene Newman <br /> <br />STATE OF NEBRASKA } <br />SS <br />COUNTY OF Hall <br /> <br />.The foregQi.ng instrument was acknmvledged before me this 24 th <br />19~,by Ho~lie Newman and Jolene Newman, Husband and Wife <br />Witness my hand and notarial seal at Grand Is land. Nebraskn <br />My commission expires: <br /> <br />day of <br /> <br />March <br /> <br />in said county, the date aforesaid. <br /> <br />J:--IRMY oSIIIIlI "lib <br />CJ.. ICAaklI <br />......,.ka 1. <br /> <br />c , ;2. t:~ <br /> <br />Notary Public <br /> <br />""1 <br /> <br />t <br /> <br />l.. <br />