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7.284122H <br />ACKNOWLEDGEMENT 86— i01431 <br />Pursuant to §76- 1005(2) R.R.S.. 1943, as Amended. <br />The undersigned Trustor under that certain Deed of Trust dated the 18th , day of <br />March , 19_ 86 in which Deed of Trust the Trustee is: <br />Norwest Bank Nebraska, National Association <br />and the Beneficiary is: <br />Norwest Bank Nebraska, National Association <br />which secures indebtedness in the original principal sum of $ 33, 000.00 together with <br />interest, covering the following described real estate located in Hall County, <br />Nebraska: <br />The North Seven Feet (7') of Lot Five (5), and the South Fifty One (51) Feet <br />of Lot Three (3), in Block Twenty -Two (22), in Scarff's Addition to West Lawn, <br />an Addition to the City of Grand Island, Hall County, Nebraska. <br />hereby acknowledges that the undersigned Trustor understands that: <br />(a) The document to be executed is a trust deed and not a mortgage, and <br />(b) The power of sale provided for in the trust deed provides substantially different rights and <br />obligations to the Trustor than a mortgage in the event of default or breach of obligation. <br />„ __, h _ <br />- iiillip %J. Scirao <br />Terf S. Schimonitz <br />STATE OF NEBRASKA ) <br />ss. <br />COUNTY OF Hall <br />The forgoing instrument was acknowledged before me, a Notary Public, this 18th day of <br />March _ 1_9 86 _ b Phillip J. _Schimonitz and Teri S. Schimonitz, <br />y husband and wife <br />Notary Public <br />8421 9!85 <br />to <br />a <br />