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87- 103096 <br />ACKNOWLE2GEMENT <br />The undersigned, Gerald R. & Andrea E. Spencer identified <br />„ Husbanda d ✓Wife <br />as Trustor' under a certain Dtn , f Trust dated May 21, 1987 <br />to be entered into among Trustor, Arend Fuck , <br />r <br />"Trustee ", and The Cverlsnd National San!: of Grand Island, Benefici- <br />ary, hereby ac•r.nowledges that this Acknowledcement is made prior <br />to his execution of that Dead of Trust and that he knows and under- <br />stands that (a) the Deed of Trust to be csn_uted by Trustor is a <br />Trust Deed and not a Mortgage and (b) that the power of sale pro- <br />vided for in the Deed of 2•rust n•c : +ic'e� essentially different <br />rights and obligations to the Trust.7r than a Mortgage in the event, <br />of default or breach of obligation. <br />* *See legal description below. <br />IN WITNESS WHEREOF, the undersigned has executed this Acknow- <br />ledgement on this 21st eay of _ May 19 87 <br />sera l V-7 . pencer <br />F► /FJ.S , /l <br />j �" <br />pencer <br />"Trustor' <br />STATE of NEBRASKA ) <br />) SS <br />COU14TY OF Hall ) <br />The undersigned a iaotary Public, duly commissioned and qualified <br />for in said County, personally carne Gerald R. Spencer and Andrea E. Spencer, <br />Trustor, to me kno,.n to be the identical person whose name is affixed <br />to the foregoing instrument and achnowledced the execution thereof <br />to be his voluntary act and deed. <br />Witness my hand and Notarial Seal this 21st clay of May <br />19 87 <br />g aat2429l7 Notary Public <br />* *E. 62' of Lot 1, Block 2, Knickrelm 3rd Addition, Grand Island, Hall County, Nebraska. <br />a <br />J <br />