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7$A37-b9-1. <br />r87"' 105999 ACKNOWLEDGEMENT <br />I /We, William C, Rockford and Jeanine J. Rockford, huaband and wife, <br />( "Trustor" ) unc i til t certs n Deed of rust ate 0c nber 7, 1 7 , <br />( "Deed of Trust ") to be entered into among Trustor, ("Trustee") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), cover h t e following 'des cr a property: <br />LEGAL DESCRIPTION: <br />Fractional Lot Four (4) in Fractional Block Three (3) Bonnie Brae Addition to the <br />City of Grand Island. Nebraska, and its compliment towit: Fractional Lot Four (4) <br />in Fractional Block Twenty One (21) of Wallich's Addition to the City of Grand <br />Island, 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 7th day of October 19 87 <br />Trustor William C. Rocktofd <br />State of Nebraska ) <br />ss. <br />Tru or Jeanin Roc or <br />J <br />1 <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this <br />day of October , 19 87 , by <br />William C. Rockford and Jeanine J. Rockford, husband and wife, <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: <br />_ l <br />pR4S&L It Notary - Public <br />845A <br />7th <br />U <br />