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0 <br />86-- 100750 <br />N 67118 -1 -18 <br />ACKNOWLEDGEMENT <br />I /We <br />( "Trustor "), er t crtain or ru ate fa <br />February 14. 1986 , <br />( "Deed of Trust ") to be entered into among Trustor, Jose2h H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the tollowing described property: <br />LEGAL DESCRIPTION: <br />Lot Five (5), in Block Four (4), in Claussen Country View Addition <br />to the City of 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 14th day of February , 19 86 <br />Trustat <br />Ricky L. Papineau a <br />Trustor <br />Vicki C. Papineau <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 14th <br />day of February l9$(i_. by <br />Riekyr L_ Papineau and Vicki C. Papineau. husband and wife, <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />My commission expires: <br />-------------- <br />i. M WOLF <br />IIIrOrt bM Y�r A,1fR No t�� u - ' <br />845A — <br />u <br />