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ACKNOWLEDGMENT +87-- 105187 <br />I /We, BETHPHAGE DEVELOPMENT CORPORATION---- ----- -- - - -- - -- ---- ------ ---- -- 'Trustor") <br />under that certain Deed of Trust in the original principal amount of HUNDRED FIFTEEN THOUSAND D <br />_ <br />-------- --- -- ---_ -__4 _4_- � $ ) and dated <br />NO 11O ------------ ----- -- 115 000.00 <br />A ND RACK (Deed of Trust) to be entered into among Trustor, <br />("Trustee") ) and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOT TWENTY FOUR (24) OF CHATEAU ORLEANS SUBDIVISION, CITY OF GRAND ISLAND, <br />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 obligations 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 exec tion of the Deed of Trust. <br />Executed and delivered this day of �i , 19 � ?7 <br />BE H. AGE PM CORPORATION <br />Trustor DAVID A.JACOX, PRESIDENT & CEO <br />Trustor B ENR DA SPRAGU , ASS TANT SECRETARY <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF <br />The foregoing instrument was acknowledged before me this day of <br />19 by DAVID A. 7ACOX , PRESITDEN & WO AND BRENDA PRAGUE, ASSISTANT SECRETARY <br />Witness my hand and notariaj seal at NEBRASKA in said county, the date aforesaid. <br />1. <br />My commission expires: <br />All <br />Nobly Public <br />1 fl -NMOO A-m <br />t1Mw iw <br />