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F ss - 100050 <br />ACKNOWLEDGEMENT <br />Husband and Wife <br />I /We, William J Bauer and Rita L. Bauer, ( "Borrower "), <br />under that certain Deed of Trust dated January 3, 1986 , <br />' ("Deed of Trust ") to be entered into among <br />Borrower, Norwest Bank Nebraska, National Association "Trustee ") and <br />Norwest Rank Nebraska, National Association ( "Lender ") , covering <br />the following described property: Part of Lot Five (5), Block Two (2), <br />Westerhoff's First Subdivision in the City of Grand Island, Hall County, Nebraska; more particularly <br />described as Follows: Beginning at the Southwest corner of said Lot Five (5) running Easterly along <br />and upon the Southerly lot line of said Lot Five (5) a distance of Eight (8) feet to the actual <br />point of beginning, thence running Northerly parallel to the Westerly boundary line of said Lot Five <br />(5), to a point on the Southerly boundary line of Westside Street, thence running Easterly along <br />and upon the Southerly boundary line of Westside Street a distance Fifty Seven (57) feet; thenco <br />running southerly parallel to the West boundary line of said Lot Five (5) to a point on the Southerly <br />boundary line of said Lot Five (5); thence running Westerly along and upon the Southerly bound °ry <br />line of said Lot Five (5) a distance of Fifty Seven (57) feet to the point of beginning. <br />hereby acknowledge that it is understood that (a) the Deed <br />of Trust to be executed by Borrower is a trust deed and not <br />a mortgage and (b) the power of sale provided for in the <br />Deed of Trust provides substantially different rights and <br />obligations to the Borrower than a mortgage in the event of <br />a default or breach of obligation. <br />Borrower acknowledges that this Acknowledgement was <br />made prior to the execution of the Deed of Trust. <br />Executed and delivered this 3rd day cf January , <br />19_ f <br />Borrower William J. Bauer <br />Borrower Rita L. Bauer <br />State of Nebraska ) <br />) ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 3rd day of January 19 86 by William J. Bauer <br />and Rita L. Bauer, Husband and Me. <br />Witness my hand and notarial seal at Grand Island <br />in said Cou y,, the date aforesaid. <br />q sf <br />11 y co mlitt" �' <br />�sio es: R_ 12_88 <br />-- <br />!y <br />Notary Public MIT <br />L <br />FO PM 085-OR <br />.--i <br />