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87- 103303 <br />0917818 -4 <br />ACU40WLEDGEMENT <br />I /ie, Peter H. Claussen, III and Sarah F. Claussen, husband and wife <br />( "Truter ") under that certain Deed of Trust dated Hay 29j 1987 <br />("Deed of Trust ") to be entered into among Trustor, <br />Commercial Federal Savings and Loan Association ('Trustee-T and <br />CPS mortgage Corporation ( "Beneficiary "), covering the <br />following described property: <br />Lot One (1), in Spelts- Schultz Addition to the City of <br />Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be <br />executed by Trustor is a trust deed and not a mortgage and (b) the power of <br />sale provided for in the Deed of Trust provides substantially different <br />rights zad obligations to the Trustor than a mortgage in the event of a <br />default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to the <br />execution of the Deed of Trust. <br />Executed and delivered this 29th day of May p , 1987 <br />etc-- a^r <br />eter aussen, Trustor <br />` Saran F. Ciaussen Trustor <br />State of Nebraska <br />County of Hail <br />SS: <br />The foregoing instrument was acknowledged before me this 29th day of <br />May, 1987 , by Peter H_ Claussea, III and Sarah F. C I ssen, <br />Witness my hand and notarial seal at Grand Island in said <br />County, the date aforesaid. 4� <br />My Commission Expires: -la-2ft <br />Notary Public <br />GeuwaiHnMr -4L -N� <br />x�s�R r+OuNSreot <br />My Comm. Exc+. mac. t Z.147t9 <br />TMC -078 (qc) <br />Rev 7(11/84 <br />