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<br />~FBJiML INDIN <br /> <br />88-106457 <br /> <br />84802-1-18 <br /> <br />ACKNOWLEDGEMENT <br /> <br />I/We. Stephen L. Watts and Marianne Watts, husband and wife, <br />("Trustor"). under that certa:Lt1 Deed of Trust dated November 30. 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 Nine (9), Block Two (2), West Bel Air Addition to tbe City of Grand Island, <br />Hsll 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 ~ day of <br /> <br />November <br /> <br />,l9~. <br /> <br />Tr~~L ~ <br /> <br />Stephen L. Watts <br /> <br />YJ ?-u<.AA~ //0JJi- <br />Trustor <br />Marianne Watts <br /> <br />State of Nebraska <br /> <br />ss. <br /> <br />County of HALL <br /> <br />The foregoing instrument was acknowledged before me this ~ <br />day of November , 19~, by <br /> <br />Stenhen L. Watts and Marisnne Watts. husband and wif e, <br /> <br />Witness my hand and notarial seal at Grand Island. Nebraska <br />in said County, the date aforesaid. <br /> <br />My commission expires: <br /> <br />February 1. 1989 <br /> <br /> <br />~~.& ~h>?n / <br />Notar u c <br /> <br />845A -787 EOP <br />