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<br />, ~uaJIN <br /> <br />Loan #86728-69-1 106614 <br />88- <br /> <br />ACKNOWLEDGEMENT <br /> <br />I/We. Lawrence P. Leonard and Mavi s A. Leonard. husband and wi fe, as joi nt tenants <br />("Trustor"). under that certain Deed of Trust dated December 2. 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 ANP LOAN ASSOCIATION OF LINCOLN ("Beneficiary"). covering the <br />fOllowing described property: <br /> <br />LEGAL DESCRIPTION: <br />Lot One (1), Block One (1), West North Lawn Second Addition to the City of <br />Wood River, 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.~ day of December <br /> <br />,19~ <br /> <br />I1dJ..u.. J P ~. .' AJ) <br />Trustor Lawrence P. eonard <br /> <br />7/k~!~ ~uL <br />Trus r Mav, S . eon <br /> <br />'i/:.State of Nebraska <br /> <br />ss, <br /> <br />CoUnty of Hall <br /> <br />The foregoing instrument was. acknowledged before me this 2nd <br />day .of December , 19~. b.y' Lawrence P. Leonard ana Mavis A~d, <br /> <br />h~sb~d and wi fe <br /> <br />Witness my hand and notarial seal at Grand Is'land, Nebraska <br />in said County, the date aforesaid. <br /> <br />My commission expires: <br /> <br />February 1, 19B9 <br /> <br /> <br /><.1l1~ '9&/".h~UUt -' <br />Notary u c <br /> <br />845A <br />