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I <br />0 ( 87-- 106681 <br />�T � �N 78070 -1 -30 <br />r <br />ACKNOWLEDGEMENT <br />I /We, Robert E. Smith and April L. Smith, husband and wife, <br />( "Trustor "), under that certain Deed of Trust dated November 13, 1987 , <br />( "Deed of Trust ") to be entered into among Trustor, FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ( "Trustee "), and FIRST FEDERAL <br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN ( "Beneficiary "), covering the <br />following described property: <br />LEGAL DESCRIPTION: <br />Lot Five (5), Block Two (2), Gosda Subdivision, Grand Island, 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 <br />State of Nebraska ) <br />ss. <br />13th day of November , 19 87 <br />c <br />Trustor <br />5Rqbler,t E. Smith <br />Trfistor — <br />April L. Smith <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this <br />day of November , 19 87 , by <br />Robert E. Smith and April L. Smith, husband and wife, <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date afore7-1, 'd. <br />My commission ex¢ires: 4 IMF <br />---- <br />6 KOiRKY —Stale ,e K,Ooske aaRetvN 1• eEC Notary u c <br />Caam. E,* <br />845A <br />L <br />a <br />13th <br />OR <br />