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I ACKNOWLEDGEMENT 88-102091 IlWe, Ronald L. Schierling and Darh. A R~h i Arl i ng, hllc:h;,nil ,:;, wi re ("Trustor"), under that certain Deed of Trust dated April 15. 1988 ,(" Deed of Trust") to be entered into among Trustor, Firslier Bank, National Association, Omaha, Nebraska ("Trustee") and Firslier Bank, National' Association, Omaha, Nebraska ("Beneficiary") covering the following described property: ~ ~ - LEGAL DESCRIPTION: Fractional Lot Four (4), in Fractional Block Five (5), in the Bonnie Brae Addition and its complements to-wit: Fractional- Lot Four (4), in Fractional Block Twenty-two (22), in Wallich's Addition, both being Additions to the City of Grand Island, Hall County, Nebraska. Subject to Mortgage of Record to Associates National Mortgage Corporation in the amount of $35,000.00 recorded as document #84-00915, Hall County, Nebraska. hereby acknowledge that it is understood that (a) the Deed of Trust to be excuted 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 dif- ferent rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgement was made prior to the execution of the Deed of Trust. Executed and deli~ered this i 5+!l day of 4 PI! I L- . 19 r t State of Nebraska ) ) ss. ) \' , County of Hall ~) . The f~ng instrument was acknowledged before me this of:JJ~i!~ ,19 rf ,by nAJ 0 L ,;; 00rl5 A-. Sc...-hlir J, ", (7 WJntess my hand and notarial seal at Gt "€A t1 & .L s. I Cr ,,1 J .A.) t- in said County, the date aforesaid. My commission expires: I 6t!J day ---- .J:- .............. DMLDN .. a...v. .......r.a-....... _ ~r \ f- (---, ! " j / " - -~r ~A_A./\.. \-' ~ Notary Public If' y~C/ ... r' '. L/\ c~, c C ICl14 (fWo :wM1 ~,