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<br />WHEN RECORDED MAIL TO: <br />Sherman County lank <br />734 "0" S1rIMt <br />P.O. Ikm 543 <br />Loup CIty, HE IIIS3 <br /> <br />88- <br /> <br />102e~! 1. <br /> <br />") <br /> <br />SEND TAX NOTICES TO: <br /> <br />SPACE ABOVE THIS UHf-IS FOR RECORDER'S USE OILY <br /> <br />ACKNOWLEDGMENT <br /> <br />. !- <br /> <br />I, Gary smith Construction Co., Inc. ("Grantor"), under.*hat <br />certain Deed of Trust dated June 1, 1988 ("Deed of Trust") to <br />Sherman County Bank ("Beneficiary") covering the following <br />described property: <br /> <br />Lot 1 Cleveland Subdivision and Lot 8 Hayman's Subdivision to <br />Grand Island, Hall County, Nebraska. <br /> <br />hereby acknowledge that it is understood that (a) the Deed of <br />Trust to be executed by Grantor is a trust deed and not a <br />mortgage and (b) the power of sale pr.ovided for in the Deed of <br />Trust provides substantially difterent rights and obligations to <br />the Grantor than a mortgage in the event of a default or breach <br />of obligation. <br /> <br />Grantor acknowledges that this Acknowledgment was made prior <br />to the execution of the Deed of Trust. <br /> <br />Executed and delivered this 1st <br /> <br />d~f June, 1988. <br /> <br />~ ~ ~f~ /~ # <br />P <br /> <br />. <br />STATE OF NEBRASKA ) <br />) <br />COUNTY OF ) <br /> <br />The foregoing instrument was acknowledged before .. this <br />loSt day of :.;;{""'......./ , 19ft, by (;?r;'l 5 ",i b.-. ~.'. <br /> <br />witness my hand and notarial seal at J... Q vf' '-I t t. <br />s &,,,,,,, ~"&'1 County, Nebraska, the date aforesa1.d. <br />~) <br /> <br />, <br /> <br />J;1l1ll."ln. StlC........ <br />NORMAN L. ~J11~ ~ <br />MyCcmm. bp <br /> <br />~ ~ <br />t/'. ~ c>I. ~ <br />No ary Publ ic <br /> <br />My commission expires: <br />/0-2.2-" <br /> <br />L <br /> <br />L <br /> <br />..J <br />