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ACKNOWLEDGMENT 87- 101875 <br />I✓We, Harry T. Bulow and Ila Mae Bulow, Husband and Wife------------ ------ (+�Trustor ") <br />I under that certain Deed of Trust in the original principal amount of ONE HUNDRED EIGHT THOUSAND AND NO /100 <br />- - - - -- - - - -- --------------------------------- ------ -- - - - - -- (g 108,000.00 and dated <br />April 3, 1987 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Saack ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOTS FIVE (5) AND SIX (6) AND THE WEST SIX (6) FEET OF LOT SEVEN (7), BLOCK TWELVE <br />(12), ARNOLD AND ABBOTT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />i <br />hereby acknowledge that it is understood that (a) the Deed of 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 Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage is the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 3RD day of APRIL -19 87 <br />T,asm H Y T. BULOW <br />Trustor ILA MAE SOW <br />STATE OF NEBRASKA l <br />j} SS <br />COUNTY OF HALL <br />The f instrument was acknowledged before me this 3RD day of APRIL <br />_ 19 87. by TiARRY T. BULOW AND ILA MAE BROW, HUSBAND AND WIFE ------------------------ <br />Witness my hand and notarial seal at GRAND ISLAND, NEBRASKA in said county, the date aforesaid_ <br />My commission expires: a . (`i $! <br />� =dam <br />_Notary Public <br />