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<br />ACKNOWLEDGMENT <br /> <br />88-105132 <br /> <br />It We. Stanley L. Peterson and Jeanette E. Peterson. husband and wife ("Truslor") <br />under lhal certain Deed of Truslin lhe original principal amounl of Five Thousand Seventy and 75/00 <br />__n______nn___n___n______n__nn__n_n_n_n_n___nn (S 5,070.75 ) and daled <br />September 16. 1988 (Deed of Trust) 10 be entered jnlo among Trustor, <br />Arend R. 8aack ("Truslee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF ORAND ISLAND ("Beneficiary' '), covering lhe foDowing described property: <br /> <br />PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (5E! NE!) OF SECTION TWENTY-THREE <br />(23), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10). WEST OF THE 6TH P.M.. MORE PARTICULARLY <br />DESCRI8ED AS FOLLOWS: 8EGINNING AT THE SOUTHEAST CORNER OF THE SOUTHEAST QUARTER OF <br />THE NORTHEAST QUARTER (SH N[!) OF SECTION TWENTY-THREE (23), TOWNSHIP ELEVEN (11) NORTH. <br />RANGE TEN (10) WEST OF THE 6TH P.M.. THENCE RUNNING NORTHERLY ON THE EASTERLY LINE OF <br />THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE! NE!) A DISTANCE OF FIVE HUNDRED TWENTY <br />EIGHT FEET (528') THENCE RUNNING WESTERLY AND PARALLEL TO THE SOUTHERLY LINE OF SAID <br />SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE! NE!) A DISTANCE OF ONE THOUSAND THREE <br />HUNDRED SEVENTEEN AND FIVE HUNDREDTHS (1317.05) FEET TO A PDINT ON THE WESTERLY LINE <br />OF SAID SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE! NE!) THENCE RUNNING SOUTHERLY <br />ALONG AND UPON THE WESTERLY LINE OF SAID SOUTHEAST QUARTER OF NORTHEAST QUARTER (SE! <br />NE!) A DISTANCE OF FIVE HUNDRED TWENTY EIGHT (528') FEET; THENCE RUNNING EASTERLY ALONG <br />AND UPON THE SOUTHERLY LINE OF SAID SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE! NE!) <br />A DISTANCE OF ONE THOUSAND THREE HUNDRED SEVENTEEN AND TWO TENTHS (1317.2) FEET TO THE <br />POINT OF BEGINNING. <br /> <br />hereby acknowledge lhal il is underslood that (a) the Deed of Trust to be execuled by TrUSlor is a trusl deed and nnl a <br />morlsase and (b) Ihe power of sale provided for in the Deed of Trust provides substantially differenl rlgh15 and obligations to <br />lhe Trustor lhan a mortgage in the event of a defaull or breach of obligation. <br />Trustor acknowledges that lhis Acknowledgment was made prior to lhe execution of the Deed of TruSI. <br />Executed and delivered this 16th day of Seotember . 19~, <br /> <br />Tnu~Pet~(J~ <br />(f/l~,y1t- ~ ~~ <br /> <br />Trus'or Jeanette E. Peterson <br /> <br />STATE OF NEBRASKA } <br />SS <br />COUNTY OF Hall <br /> <br />The forqoing instrument was acknowledged before melhls 16th <br />19~ by Stanely L. Peterson and Jeanette E. Peterson. <br />Witness my hand and notarial seal al Grand Island. Nebraska <br />My commission expires, D K. 2,1 I "1 J'r <br /> <br />day of September <br />husband adn wife <br />in said county, the date aforesaid. <br /> <br />'la--_II- <br />~ 1Irr::t~:I!lI <br /> <br />r:. ;L. W~ <br /> <br />NowY Public <br />