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L <br />87- 101495 <br />ACKNOWLEDGEMENT <br />David L. Schaffer & Frances F_ Schaffer, husband & wife, <br />1 /Me, as Joint Tenants with Right of Survivorship and ("TrUStor "), <br />No, 25 Ten=rO in <br />C under that certain Deed of Trust dated March 19, 1987 , ( "Deed of Trust ") <br />to be entered into among Trustor, FirsTier Bank, National Association, Omaha, NE <br />( "Trustee ") and FirsTier Bank, National Association, Omaha, NE ( "Beneficiary ") <br />covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot Five (5), in Block One Hundred Fourteen (114), in Railroad <br />Addition to the City of Grand Island, full County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed <br />by Trustor is a trust deed and not a mortgage and (b) the power of sale provided <br />for in the Deed of Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. _ <br />Trustor acknowledges that this Acknowledgement was made prior to the ex- <br />ecution of the Deed of Trust. <br />Executed and delivered this 1�1� day of A, ; <br />i R:- <br />'rUStor David L. Scha £ <br />r <br />A- <br />Trustor ' <br />Frances F. Schaffer -, <br />State of Nebraska 1 <br />ss. <br />County of Ralf.- ) <br />The foregoing instrument was acknowledged before lea this j 7 day <br />of elf <br />Witness my hand and notarial seal at�s�`����� <br />In said County, the date aforesaid. <br />liy commission expires:_ /I {� , <br />amartarrTM,,s, wCLfaiir y <br />W&W!Karr 2L uw <br />_I <br />