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<br />~fBJEiLu lNDlN <br /> <br />86090-60-1 <br /> <br />ACKNOWLEDGEMENT <br /> <br />88- 105631 <br /> <br />I/We, Terry M. Carlson and Kristine K. Carlson, husband and wife, as joint tenants <br />("Trustor"), under that certain Deed of Trust dated October 19. 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 />Lot 3, Block 2, in Pleasant View 4th Addition to the City of Grand Island, <br />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 Deed 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 />19th <br /> <br />October <br /> <br />19~. <br /> <br /> <br />T <br /> <br />State of Nebraska <br /> <br />ss. <br /> <br />County of Hall <br /> <br />The foregoing instrument was acknowledged before me this 19th <br />day of October . 19l!!!.-. by Terry M. Carlson and Kristine K. (;ar.Lson <br /> <br />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 />~~tt -wi ~L.. P..-' <br />Notary Pu ic <br /> <br />B45A <br /> <br />..J <br />