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ACKNOWLEDGMENT 87--1 01512 <br />I /We, James P. Masat and Carolyn A. Masat, ( "Trustor ") <br />under that certain Deed of Trust in the original principal <br />amount of Sixty -seven Thousand and No /100 Dollars ($67,000.00), <br />and dated /-Mzew a0 1987, to be entered into among <br />Trustor, C R T ee ( "Trustee ") and <br />Richard S. avenee an o n 7 E avenee t eneficiary "), cover- <br />ing the following described property: <br />Lot One (1), Ryder Park Subdivision, in the City of <br />Grand Island, Hall County, Nebraska <br />hereby acknowledge that it is understood that (a) the Deed of <br />Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of <br />Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach <br />of obligation. <br />Trustor acknowledges that this Acknowledgment was made <br />prior to the execution of the Deed of Trust. <br />EXECUTED and delivered this day of %�, 4u , <br />�C �, <br />1987. <br />Trustor <br />- - Trustor <br />4 v <br />4 <br />STATE OF NEBRASKA, ) <br />ss. <br />County of Hall. ) <br />Tlie foregoing instruTnt was acknowledged before me <br />this a 7 day of 1987, by James P. <br />Masat an7a7arolyn A. Masat. <br />WITNESS my hand and nctarial seal at Grand rlsland in <br />said county, the date aforesaid. <br />�� a ft Notary Public <br />iJ <br />I <br />