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<br />ACKNOWLEDGMENT <br /> <br />88- 10385,1 <br /> <br />I/We, Richard G. Schwartz and Erna M. Schwartz ("Trustor") <br />under that certain Deed of Trust in the original principal amount of Fortv One Thousand and no/lOO ------ <br />------------------------------------------------- Dollars ($ 4 I .000.00 ) and dated <br />July 15" 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 />':"- <br /> <br />Parcel I: Lot Seven (7). in Block Fifteen (15), of Schimmer's Addition to the City of <br />Grand Island. Hall County, Nebraska, <br /> <br />Parcel 2: Lot Two (2), Cedar Lane Subdivision, in Merrick County, Nebraska. <br /> <br />hereby acknowledge that it is understood that (al the Deed of Trust to be executed by Trustor is a trust deed and nol <br />a mortgage and {bl the power of sale provided for in the Deed of Trust provides substantiaUy different rights and <br />obligatiClIlS to the Trulter 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 Ind delivered this 15th day of Julv 19~ <br /> <br />~ <br />-t/.,J. " ' <br /> <br />Trullor . lC ar . c wartz ' <br /> <br />S4t-no. ~fc ? ,(.l~~ <br />Tru.lor Ernu H. chwartz <br /> <br />STATE OF NEBRASKA} <br />88 <br />COUNTY OF Hall <br /> <br />TM foregoing iftJtrument wa. aclr.nowledged belore me this <br />19~ by Richard G. Schwartz and Ern. H. Schwartz <br />Wilne.1 my hand and notarial !leal al Grand Island Ne <br /> <br /> <br />15th <br /> <br />day of July <br /> <br />M, c.......... upIr-K: c;-/4 <br /> <br />j-.....".... <br />~ .."C.__~lIt" <br />