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<br />ACKNOWLEDGMENT <br /> <br />88- 103670 <br /> <br />IlWe, Larry E. Royl.. and Cecil ia B. Royle ("Trustor") <br />under that certain Deed of Trust in the original principal amount of Eil!;hteen Thousand and not 100 ------- <br />-------------------------------------------,-------Do 11 ar s ($ 18.000 . 00 t and da ted <br />July 7, 1988 /Deed of Trust) to be entered into among Trustor, <br />Earl D. Ahlschwede ("Trustee") and THE EQUITABLE BUILDING AND <br />LOAN ASSOCIATION OF GRAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />Fractional Lot One (I), in Fractional Block One Hundred Twenty-One (121) in Koenig and <br />Wiebe's Addition to the City of Grand Island, Hall County, Nebraska and its complement, <br />Fractional Lot One (I), in Block One Hundred Twenty-One (121), in Railroad Addition to <br />the City of Grand Island, Hall County, Nebraska, <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trusi to be executed by Trustor is a trust deed and not <br />a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially diUerent rights and <br />obligations to 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 7th day. .19...Ba--- <br /> <br /> <br />STATE OF NEBRASKA} <br />SS <br />COUNTY OF Hall <br /> <br />The foregoing instrument was acknowledged before me this <br />19~. by Larr E. Ro Ie and Cecilia B. Ro I <br />Witness my hand and notarial seal at Gr and Is 1 nd, N <br /> <br /> <br />Julv <br /> <br />J:&UI.""""" ... <br />IOY II. .1AZL8't <br />1Irc.ar.,._1.18 <br />My Commi..lon expires: c; - / - j=Cf' <br />