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I <br />ACKNOWLEDGMENT 37-- 148834 <br />I /We, Steven W Ryan and Kimberly S Ryan Husband and Wife ----------- mw- -- ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of -- Eight- Thousand One Hunter Twenty <br />and 35/100 ($8,120,35 ) and dated <br />November 17 1987 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ('Beneficiary "), covering the following described property: <br />Lot Eight (6) Block Fifteen (15) in Scarff's Addition to West Lawn, in the city <br />of Grand Island, Hall county, Nebraska. <br />Lot Six (6) in Block Fifteen (15), in Scarff's Addition to West Lawn in the city <br />of Grand Island, 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 execution of the Deed of Trust. <br />Executed and delivered this 17 day of November 19 87 <br />Trustor Steven W. Ryan <br />Trustor I<imberl S. Ryan <br />z <br />STATE OF NEBRASKA l <br />}} <br />COUNTY OF Hall SS <br />The foregoing instrument was acknowledged before me this 17th day of November <br />19 87 , by <br />Witness my hand and notari in said county, the date aforesaid. <br />My commission expires: <br />MUWAYTHOWWN <br />Mr dtra 6y IPL 2% 1W <br />Notary P lic <br />L <br />