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<br />I <br /> <br />ACKNO\VLEDGMENT <br /> <br />88-101994 <br /> <br />- <br /> <br />I1We, Edwin J. Bills and Carolyn L. Ri ll~, Husband and WifR ("Trustor") <br />under that certain Deed of Trust in the original principal amount of Five ThOU~;'lnr1 Flnri nnl1 nn ----------------- <br /> <br />_________"____________________________________________________ ($ l:i nnn nn ) and dated <br /> <br />Apr il 1 5, 1 988 (Deed of Trust) t~ be entered into among Trustor, <br />Arend H. Baack ("Trustee") and HOME FEDERAL SA VINGS AND LOAN ASSOCIA nON <br />OF GRAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />LOT THREE (3) IN LAKE,DAVIS ACRES THIRD 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 15th day of April , 19~. <br /> <br />)( LcbJ;~ <br />T;us!or Edwin J. ills ,- <br /> <br />Ie ~ "If{' <br />(J /L (,- ; . I <.. -. ., jj!-~ <br />Trustor Carolyn L. Bills <br /> <br />STATE OF NEBRAS,KA } <br />SS <br />COUNTY OF Hall <br /> <br />,~ The foregoing instrument was acknowledged before me this <br />19~,by Edwin J. Bills and Carolyn L. Bills, Husband <br />Witness my hand and notarial seal at Grand Islana, Nebraska <br />My commission expires: 1/- d '1-1' J <br /> <br />15th <br /> <br />J:GEIEML ImAIY.StaIl 01...... <br />DEBORAH L KIMBLE <br />,., 0... bJl Now. 23. ..1 <br /> <br />n fA I J /' /.. <br />f- /~U:I!e:::L.I&4J~ <br /> <br />Notary Public <br /> <br /> <br />""""J <br />