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<br />ACKNOWLEDGMENT <br /> <br />88- 105377 <br /> <br />IIWe. Jamas B. McElroy and Oavra A. McElrov 1"'I'rustor'" <br />under th,t I:.t:rtlin Deed of Trust in the original principal amount 01 Twenty Two Thousand Four Hundred and <br />no luu Dollars -------------------------------------------:15 22,400.00 land dated <br />Se~tember 3D, 19B8 !Deed of Trustl to be entered into among 'I'rustor, <br />Earl D. A lschwede i"Trustee'" and THE EQUITA8LE BUILDING AND <br />LOAN ASSOCIATION OF GRAND ISLAND '''Benefieisry''l. covering the following described property: <br /> <br />Part of Lot Seven (7) of the County Subdivision of part of the South Half (S%) of Section <br />Five (5), in Township Nine (9) North, Range Nine (9) West of the Sixth (6th) P.M., in <br />Hall County, Nebraska, more particularly described as follows, to-wit: Beginning at a <br />point 2B.l feet West of the Northeast corner of said Lot 7; thence running Southerly <br />elong and upon a line 28. 1 feet West of and parallel to the East line of said Lot 7, a <br />distance of 181.0 feet; thence running Westerly parallel to the North line of said Lot <br />7, a distance of 327.0 feet; thence running Northerly parallel to the East line of <br />said Lot 7, a distance of 181. 0 feet; thence running Easterly along and upon the North <br />line of said Lot 7, a distance of 327.0 feet to the place of beginning, <br /> <br />hereby acknowledge that it is understood thst lal the Deed of Trust to be executed by Trustor is a trust deed and not <br />a mortgage and (bl the power of sale provided lor in the Deed or Trust provides substantially different rights and <br />obligations to the Trustor than a mortgage in the event or a default or breach of obligation, <br />Trustor acknowledges that thi5 Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed sod delivered thi5 30th _ day of Seotember 19.1lB-. <br /> <br />~. <br /> <br />c oy <br /> <br /> <br />STATE OF NEBRASKA} <br />SS <br />COUNTY OF Hall <br /> <br />Jife foregoing instrument was acknowledged berore me thi5 <br />19_ by James B, McElrov and Oevra A. McElrov <br />WitDe.. my hud aDd notarial seal at Grand Island Nebraska <br /> <br /> <br />(277'L" <br /> <br />Notar{ Publir <br /> <br />30th <br /> <br />day of Seotember <br /> <br />in said county. the date aforesaid. <br /> <br />(: <br /> <br />'j <br />L;"'/.{7( <br /> <br />My C01II1lI_ olJiro" <br /> <br />//~-d..f <br /> <br />.....---...... <br />JOoVIN[G.1IlII8t <br />., c.. r.. "'11._ <br />