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IN <br />$�...a. 101529 0000219 -5 <br />ACKNOWLEDGMENT <br />I /We, Jimmy�E. Michel and Lawanna L. Michel, ("Borrower*), <br />y <br />under that certalnneed o rust dated rc �h lg <br />("Deed of Trust") to be entered into among Borrower, <br />Custer Federal Savings and Loan Association ( "Trustee ") <br />and raska Investment Finance ut or ty <br />( "Lender covering the following described property: ' <br />(Legal Description) <br />Lots Eight (8) and Ten (10), Block Ten (10) in College <br />Addition to West Lawn in the City of Grand island, Hall <br />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 Y <br />19 87. <br />X:; <br />i�llif3.y.s✓A/► <br />Borrower LaVAnUs % <br />State of Nebraska ) <br />County of Hall ) <br />The foregoing instrument was acknowledged before we <br />this tsth day of March , 19 87 , by <br />-Ilan _F.- MI -chef and Lawanna L. - Michel, <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />W commission expires: <br />rotary Public <br />NZFA 12/84 <br />Some Improvement <br />J <br />