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88- 104713 ACKNOWLEDGEMENT The undersigned, ROBERT D. HOLLY and DELORES M. HOLLY, "! identified as "Trustor" under a certain Deed of Trust dated ~~~ , 1988, to be entered into among Trustor; BRUCE I. SMITH, Attorney at Law, "Trustee"; and ETHELYN ELLIS WILCOX, "Beneficiary", hereby acknowledge that this Acknowledgement is made prior to their execution of that Deed of Trust and that they know and understand that (al the Deed of Trust to be executed by Trustor is a Trust Deed and not a Mortgage, and (bl that the power of sale provided for in the Deed of Trust provides essentially different rights and obligations to the Trustor than a Mortgage in the event of default or breach of obligation. IN WITNESS WHEREOF, the undersigned has executed this Acknowledgement on this ~~~ay of ~ . 1988. Rod~f',~ .7 ~1~.~2Lu1-. "Trustor" STATE OF NEBRASKA ss: COUNTY OF HALL On this ~ day of ~4?~ , 1988, before me, the undersigned, a Notary Publ~c y comml.ss~oned and qualified for said County, personally came obert D. Holly and Delores M. Holly, husband and wife, to me known to be the identical persons whose names are subscribed to the foregoing Acknowledgement and they acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and Notarial Seal at Grand Island in said County, the date aforesaid. ~//M NDt~ Publ~c' Recorder's Memo: A tract located in the SE~SE~ of 20-11-9 West of the 6th P.M., Hall.County, NE described as beginning at the southeast corner of Sect~on 20, thence northerly along and upon the East line of said Sec~io~ 20 a distance of SlB.O feet to the actual place of beg1nn1.ng, thence continuing nClrtherly along the and upon the east l~ne of said Section 20 a distan=e of 110.0 feet, thence running westerly along and upon the south line of Bel Aire Addition to the City of Grand Island, Nebraska a distance of l~S.O feet, thence running southerly and parallel to tile east l~ne of said Section 20 a distance of 107.69 feet, ~Ilence running easterly along and upon a line 51a feet northerly and parallel to the south line of said Section 20 a distance of 115.0 feet to the actual place of beginning.