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ACKNOWLEDGMENT 87-- 143994 I /We, TERRY J. ENCK AND JANET K. ENCK HUSBAND AND WIFE ( "Trualm") tinder that certain Decd of Trust in the original principal amount of TEN THOUSAND AND QQ11QQ ---------------- ------ - - - - --- -- ------------------------------------------ - - - -(S 1D )arhddated J ONE 22 1987 (Deed of Trust) to be entered into among Trustor, AREND R. BAACK ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ( "Beneficiary"), covering the following described property: LOT SEVEN (7), IN IMPERIAL VILLAGE SEVENTH SUBDIVISION, EXCEPT A TRACT OF LANG, PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF SAID -LOT SEVEN (7); THENCE RUNNING NORTHWESTERLY ALONG THE "ElSTERLY LINE OF SAID LOT SEVEN (7) A DISTANCE OF ONE HUNDRED TWENTY FIVE AND SIXTY EIGHT HUNDREDTHS (125.68) FEET TO THE NORTHEASTERLY CORNER OF SAID LOT SEVEN (7); THENCE RUNNING SOUTHWESTERLY ALONG THE NORTHERLY LINE OF SAID LOT SEVEN (7), A DISTANCE OF FIVE (5.0) FEET; THENCE SOUTHEASTERLY TO THE POINT OF BEGINNING, HALL COUNTY, NEBRASKA. 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. Truster acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 22ND day of JUNE 19 67 Trustor TERRY E Trustor ET K. ENCK STATE OF NEBRASKA SS COUNTY OF HALL )) The foregoing instrument was acknowledged before me this 22NO day of JUNE 19 87 ,by TERRY J. ENCK AND JANET K. ENCK HUSBAND AND WIFE Witness my hand and notarial seal at GRAND ISLAND NEBRASKA _ i a' ty, the date aforesaid. My commission expires: mob—t11Rd�1 �� on Notary Pubt'