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<br />I" <br /> <br />~-auUNCOlN <br /> <br />82036-60-1 <br /> <br />r <br /> <br />88- 102014 <br /> <br />ACKNO\vLEDGEMENT <br /> <br /> <br />i/We, Emil E. Racek and Peggy J. Racek, husband and wife. <br />("Trustor"), under that certain Deed of Trust dated April 21. 1988 <br />("Deed of Trust") to be entered into among Trustor, FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("Trustee"), and FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("Beneficiary"), covering,the <br />following described property:' <br /> <br />LEGAL DESCRIPTION: <br /> <br />Lot One (1) and the East 39' of Lot Two (2). Block Seventeen (17). <br />Town of Wood River, Hall County. Nebraska. <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br /> <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br /> <br />Executed and delivered this 21st <br /> <br />day of <br /> <br />April <br /> <br />. 19 88 <br /> <br />~e~ <br /> <br />Trustor Em 1 E. Racek <br /> <br />~R~ <br /> <br />Trus to J. Racek <br /> <br />County of Hall <br /> <br />) <br />) <br />) <br /> <br />ss. <br /> <br />State of Nebraska <br /> <br />The foregoing instrument was acknowledged before me this 21st <br />day of April . 19 88 . by <br /> <br />Emil E. Racek and Peggy J. Racek. husband and wife. <br /> <br /> <br />Witness my hand and notarial seal at <br />in said County. the date aforesai~. . <br /> <br />My commission expires: /~07 /, /981 <br /> <br /> <br />c~.(9 Xk~*" <br />Nota u 1. <br /> <br />Grand Island <br /> <br /> <br /> <br />G~MRAt tiOlf1RV . SUit t1l1ebTUU <br />MARILYN J. '~~lfJ1 <br />Ny tamm. Exp. <br /> <br />.L <br /> <br />. <br /> <br />L <br /> <br />-1 <br /> <br />L_ <br />