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ACKNOWLEDGMENT 87- 406990 <br />]/We, William J. Gordon and Deborah A. Gordon, Husband and Wife ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of Eighteen Thousand One Hundred <br />Seventy Five and no/ 100------------------------------- - -- - -- ($ 18,175,00 ) and dated <br />December 3 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 />The North Seventy Two (72) Feet of Fractional Lot One (1) in Fractional Block Eleven <br />(11), Arnold and Abbott's addition to the City of Grand Island, Hall County, Nebraska <br />and its complement, to -wit: FractionalLot One (1), in Fractional Block One Hundred <br />Nineteen (111, in Railroad Addition to the City 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 ;S.rpl day of December 19 87 <br />11' J <br />Tru,tor Wilnliam J. rdon Z <br />Trustor Deborah A. Gordon <br />STATE OF NEBRASKA I <br />5S <br />COUNTY OF Hall <br />The foregoing instrument was acknowledged before me this 3rd day of December <br />I9 87 by William J Gordon and Deborah A Gordon Husband and Wife <br />Witness my hand and notarial seal at Grand Island Nebraska in said county, the date aforesaid. <br />My commission expires: <br />� �TiUll'�1t � Ntit�sw �Q,C� 1 <br />DEBORItH L KIMBLE ; Notary Public <br />Ml I Fx0. N-- 23, 1991 <br />L <br />