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<br />ACKNOWLEDGMENT <br /> <br />88- <br /> <br />102B10 <br /> <br />I/We, Kevin J. Willey and Cynthia A. Willey ("Trustor") <br />llnderthllt certain Deed of Trust in the original principal amount of F au r Thousand F ou r Hundr~d Twenty -One <br />and 75/100 _______________n_______________________________ (5 4,421. (';J ) and dated <br />May 25, 1988 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIA TlON <br />OF URAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />LOT EIGHTEEN (18), BLOCK TWO (2), UNIVERSITY PLACE, AN ADDITlor~ TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />hereby acknowledge that it is unde~tood 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 />Truslor acknowledges that Ihis Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 25th day of May . 19~. <br /> <br />~&~~TUv~ <br />1-rmIDl' Kevin J. Will <br />/ .~ <br />e""X;{4Jr:l (?J/~ <br /> <br />Tru.~ Cynthia A. Willey <br /> <br />STATE OF NEBRASKA } <br />SS <br />COUNTY OF Ha 11 <br /> <br />The foregoing instrument was acknowledged before me this 25th <br />19--88-. by Kevin J. Willey and Cynthia A. Willey, Husband <br />Witness my hand and notarial seai at Grand Island, Nebraska <br />Mycommissionexpircs: I 2- " 1--'7 - ,yJ' <br /> <br />day of <br />and Wife <br />in said county. the date aforesaid. <br /> <br />May <br /> <br />J:- ___II...1Ib <br />. c.L. UIlCI. <br />.,.... _ ... 2l . <br /> <br />c' ~ ~l'_ <br /> <br />....;\. <br /> <br />Notary Public <br />