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134 <br />ITT LNt�OLN <br />ACKNOWLEDGEMENT 74697 -1 -18 <br />87- 102478 <br />I /We, <br />( "Trustor" , un er t a cer a n o rus ate <br />( "Deed of Trust").to be entered into among Trustor, April fir►, 1987! <br />("Trustee) and FIRST FEDERAL SAVINGS AND IRAN ASSOCIATIONJOFeLINCOLNa <br />("Beneficiary") <br />y ), cover ng the o ow ng escr a property: <br />LEGAL DESCRIPTION: <br />The Easterly Forty (40) Feet of Lot Eighty (80) and the Westerly Thirty (30) Feet <br />Of Lot Eighty One (81), in Wolfe's Subdivision, in the City of Grand Island, Hall <br />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 30th day, of April 87 <br />, 19 <br />4D <br />rus t.0 Lo <br />Steven N. Schmidt <br />rustor <br />State of Nebraska ) Cheryl M. Schmidt <br />County of ss. <br />Hall ) _ <br />The fore oing instrument was acknowledged before me this 30th � <br />day of Apr 19 87 by <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: <br />i£NiRAI N4fA11Y -St:t a1 NMa:Y � <br />MARILYN J. BE .CKtAAS ota uD11c <br />6&Uy Cma E <br />845A <br />L <br />J <br />w <br />