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ACKNOWLEDGMENT 87- 104221 <br />I /We, JAPIES R, _FAfAN AND COLEEN R. FAGAN, husband and wife ( "Trustor ") <br />(" wmer that certain Deed of Trust in the original principal amount of FORTY THOUSAND AND 10 ----------------- <br />--------------------------- ------------- - - - - -- - --- - - - - -- ($ 40 000.00 )and dated <br />,�Uly 15. 1987 T (Decd of Trust) to be entered into among Trustor, <br />ARENQ 8. BALK., attorney ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOT ONE (1), ROSS HEIGHTS SECOND SUBDIVISION, HALL COUNTY, NEBRASKA. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and oblige. "Ons to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this —._ _ 1 Sth day of _ _ Jules , 19 87 <br />Trwstar Jaynes R. Fagan <br />G <br />Trustor Coleen R. Fagan <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />The foregoing instrument was acknowledged before me this 15th day of July <br />19 e7 , by JAPES R. FAGAN AND COLEEN R. FAGAN, husband and wife <br />Witness my hand and notarial seal at Grand Islands Nebraska in said county, the date aforesaid. <br />My commission expires: e, a R <br />-- <br />_' Notary Public <br />4w <br />