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r 86- 101576 <br />ACKNOWLEDGEMENT <br />I /We, Michael L. Redman and Jennifer M. Redman,h l °tso�raRer'"�, <br />under that certain Deed of Trust dated March 28 <br />1986 . ( "Deed of Trust ") to be entered into among <br />Borrower, Norwest Bank Nebraska, National Associati4ftTrustee ") and <br />Norwest Bank Nebraska, National Association ( "Lender "), covering <br />the following described property: <br />The Easterly One Hundred Eleven (111) feet of Lots Sixteen (16), and Eight <br />(8) in Block Thirteen (13), in Scarff's Addition to West Lawn, in the City <br />of Grand Island, Hall County, Nebraska. <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 28th day of March <br />19 86, <br />Borrower Michael L. Redman <br />Bower G Jennifer M. Redman <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 28th day of March , 19 86 , by Michael L. Redman <br />and Jennifer M. Redman, husband wife <br />Witness my hand notarial seal at Grand Island, Nebraska <br />in said County, th aforesaid. <br />My commission e <br />v' tary Public ` <br />L <br />FORM 1185 -08 <br />NIFA 5/85 <br />