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ACKNOWLEDGMENT R7- 103450 V i 1 /We, Lloyd C. Zigl.er and Karen L.Zigler, Husband ano Wife ("Trustor") 1 under that certain Deed of Trust in the original principal amount of M a4G„ Thousand, Eight "WRcired Thee - I —aorl 7n .11nn------------- -------- --- -��____-- ° - - - -- ( $44,9W-2-4 - } and dated .R mp R, 19x7 (Deed of Trust) to be entered into among Trustor, Arend R- Raark ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ( "Beneficiary "), covering the following described property: Lot Two (2),John & Marie's Subdivision, an addition to the City of Grand Island, Hall County, Nebraska; and Part of the Northwest Quarter ofthe Southwest quarter (NWkSW}) of Section Twenty One (21), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska, more particularly described as Lake Front Tract 2C, a Lake Front Tract Abutting Brach's Lake, and identified on a plat of John and Marie's Subdivision, dated January 7, 1976 and filed of record February 20, 1976 as document Number 76- 000824 in the official records of the Hall County Register of Deeds. hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 8th day of 71 Inp , 19A7 STATE OF NEBRASKA SS COUNTY OF Hall The foregoing instrument was acknowledged before me this 8th day of June 19_ 8l, by Lloyd C. 7iQ)er anri Karen I 7igtpr, H nhnnd and Wife ------ - - - - -- Witness my hand and notarial seal at in said county, the date aforesaid. My commission expires: Dec . 29 , 19 88 e'i' Notary Public