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. � �-, - <br />T <br />ACKNOWLEDGEMENT <br />87--105004 <br />I/We, -S even <br />( "Trustor" , under t at certa n ed o rust ate Au ust 21, 1987 , <br />( "Deed of Trust ") to be entered into among Trustor,. �.RAdUL <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot Three (3), Colonial Estates Fourth Subdivision, in the City of Grand Island, <br />Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this 21st day of August , 19 37 <br />Trustdrr <br />R. Steven Grimes <br />Trustor <br />Nancy G. Grimes <br />State of Nebraska ) <br />ss. <br />County of Hail ) <br />The foregoing instrmuent was acknowledged before me this 21st <br />day of August 198_, by <br />R Steven GriMCs and Nancy G. GriMeg- htmhand and wife. <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: <br />gawk <br />-- (� <br />Notary u if <br />Ora 6r► ht 11. M <br />845A <br />In <br />OR <br />