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<br />88_10511B <br /> <br />ACKNOWLEDGEMENT <br /> <br />The undersigned, CHARLES E. BEYERSDORF and PATRICIA A. <br /> <br />BEYERSDORF, Husband and Wifer identified as "Trustors" under a <br /> <br />certain Deed of Trust dated September, ~, 1988, to be <br /> <br /> <br />entered into among Trustors, GALEN E. STEHLIK, Attorney at Law, <br /> <br />"Trustee", and DUANE E. DREIKOSEN and JOANN T. DREIKOSEN, Husband <br /> <br />and Wife, "Beneficiaries", hereby acknowledge that this <br /> <br />Acknowledgement is made prior to their execution of that Deed of <br /> <br />Trust in respect to that real estate described as follows, to wit: <br /> <br />Lot Ten (101, Block Five (5), Wal1ich's Addition to the <br />City of Grand Island, Hall County, Nebraska. <br /> <br />and that they know and understand that (a) the Deed of Trust to be <br /> <br />executed by Trustors is a Trust Deed and not a Mortgage and (bl <br /> <br />that the power of sale provided for in the Deed of Trust provides <br /> <br />essentially different rights and obligations to the Trustors than <br />a Mortgage in the event of default or breach of obligation. <br /> <br />IN WITNESS WHEREOF, the undersigned have executed this <br />Acknowledgement on this ~ day of September, 1988. <br /> <br />ckL r ~. _.J~ <br />CHARLES E. BEYE DORF <br /> <br />~;CiAq. ~ER~~ <br /> <br />"TrustorsU <br />