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I <br />OeN�4- <br />rFesr FEDMAL LINCOLN <br />87-- 106923 <br />78902 -1 -30 <br />ACKNOWLEDGEMENT <br />I /We, + * v v + o and C� gne Pickering husband and wife <br />( "Trustor "), under that certain Deed of Trust dated November 30 1987 r <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 Nine (9), Block Three (3), in LeHeights Second Subdivision, being a part of the <br />Northwest Quarter of the Northwest Quarter(NW1 /4 NW1 /4) of Section Eleven (11), <br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M., 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 30th day of November , 19 87 <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />Trustdr <br />James L. Pickering <br />Truiltofiza <br />Gerianne Pickering <br />The foregoing instrument was acknowledged before me this 30th <br />day of November , 19 97 , by <br />James L Pickering and Gerianne Pickering 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 />845A <br />X==TmaE8f b <br />of bw <br />Notary Public <br />c <br />01 <br />