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g1"" 102 61 74700 -1 -18 <br />ACKNOWLEDGEMENT <br />I /We, John S. Morris and Derma J. Morris, husband and wife, <br />C'Trustor" under t at certain Deed of Trust dated ;�rii 24, 1 7 <br />("Deed of Trust ") to be entered into among Trustor, Joseph H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the o ow ng escr a property: <br />LEGAL DESCRIPTION: <br />Lot Eight (8), Block One (1), Imperial Village Subdivision, City of Grand Island, <br />Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this 24th day of April , 19 87 <br />� ir ror <br />Jzoh'n� S. Morris <br />Trustor <br />State of Nebraska ) Donna J. Morris <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 24th <br />day of April , 19 87 , by <br />John S. Morris and Donna J Morris husband and wife , <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: <br />Sri ■-AP -90 d MUM <br />A <br />MY� 'Notary <br />c> <br />845A <br />11 <br />