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<br />~1NDlN <br /> <br />85726-60-01 <br /> <br />88-105407 <br /> <br />ACKNOWLEDGEMENT <br /> <br />I/We, Verne L. Hill and Emma N. Hill, husband anJ wife <br />("Trustor"), under that certain Deed of Trust dated October 4. 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 />The westerly 69 feet of Lot 8. Block I, Westerhoff's first subdivision in the <br />city of Grand Island, Hall County, Nebraska, except a tra~t of land conveyed <br />to the city of Grand Island, Nebraska, as shown in warranty deed recorded in <br />docket 83-003895 in the Register of Deeds office, 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 Deec 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 />4th <br /> <br />day of <br /> <br />October <br /> <br />.19~ <br /> <br />d--e/~/b <br /> <br />Trustor <br />Verne L. Hill <br /> <br />~~A 'V], 'TL-P',v <br />Trustor <br />Emma N. Hill <br /> <br />State of Nebraska <br /> <br />ss. <br /> <br />County of Hall <br /> <br />The foregoing instrument was acknowledged before me this 4th <br />day of October . 19---!!.!L-. by <br /> <br />Verne L. Hill and Emma N. Hill, husband and wife <br /> <br />Witness my hand and notarial seal at <br />in said County. the date aforesaid. <br /> <br />My commission expires: <br /> <br />Grand Island, Nebraska <br /> <br /> <br />C;;>-,~ oJ ryj' ,,><p./ ~ ~ <br />Notary Public <br /> <br />845A <br />