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0000219 -3 <br />87- 101509 <br />ACKNOWLEDGEMENT <br />I /We, Kevin M. Russell and Shanell S. Russell, ("Borrower"), <br />under that certain Deed of rust 3ated March t , 1987 , <br />( "Deed of Trust"-) to be entered into among Borrower, <br />Custer Federal Savings and Loan Association ("Trustee") <br />Mender"), covering the following described property: <br />(Legal Description) <br />Lot Eight (8), in Block Twenty One (2I) in Schimmer s <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of <br />Trust to be executed by Borrower is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed <br />of Trust provides substantially different rights and obliga- <br />tions to the Borrower than a mortgage in the event of a <br />default or breach of obligation. <br />Borrower acknowledges that this Acknowledgement was made <br />prior to the execution of the Deed of Trust. <br />Executed and delivered this 16th day of March <br />1987. <br />!rower Kevin M. Russeir -- <br />�1 Y�c7- <br />Borrower Shaneli S. Russell <br />State of Nebraska ) <br />sa. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this IhLIL. day of March , 1987 by <br />Ynvin H_ Rncsei] and Shaneli S.-Russell, <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />7 /987 <br />My commission expires. -? <br />, <br />jz <br />�lNfMr- itna.d� <br />Jk�FA�fF 1 CJeR617iTf I ��tfta�Ft; _ lhl in _ _ <br />NIPA 12/84 <br />Rome Improvement <br />ate'. <br />