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<br />~....... u.DIN <br /> <br />88- <br />103953 <br /> <br />811238-1-18 <br /> <br />ACKNOWLEDGEMENT <br /> <br />1 <br /> <br />IIWe, Jay W. Seiboldt and ilnn L. Seiboldt, husband and wife, <br />("Trustor"), under that certain Deed of Trust dated July 20. 1988 <br />("Deed of Trust") to be entered into among Trustor, FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("Trustee"), and FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("Beneficiary"), covering the <br />following described'property: <br /> <br />LEGAL DESCRIPTION: <br /> <br />Lot Fourteen (14), in Block Three (3), Normandy Estates, an Addition to the City of <br />Grand Island,Hall County, Nebraska. <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br /> <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br /> <br />Executed and delivered this <br /> <br />20th <br /> <br />day of <br /> <br />July <br /> <br />,19~ <br /> <br />~M1I- <br /> <br />rust r <br />. Seiboldt <br /> <br />,~-n f 5p~f~ <br />Trustor <br />ilnn L. Seiboldt <br /> <br />State of Nebraska <br /> <br />ss. <br /> <br />County of <br /> <br /><\ <br /> <br />The foregoing instrument was acknowledged before me this !f')', 20th <br />day of July , 19~, by <br /> <br />Hall <br /> <br />Jay W. Seiboldt and Ann L. Seiboldt, husband and wife, <br /> <br />Witness my hand and notarial seal at <br />in said County, the date aforesaid. <br /> <br />Grand Island <br /> <br />My commission expires: <br /> <br />,J, <br /> <br /> <br />'0~ <br /> <br />B45A <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />--.J <br />