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ACKNOWLEDGMENT 101773 <br />Uwe, PHILIP M. MARTIN, SR. AND JEA_NNINE M. MARTIN, Husband and wife r'_) <br />-- under that certain Deed of Trust in the original principal amount of - -- --- k6j 6o <br />--------------- - - - - -- -- - - - - ---------------- (S 11 ,000.00 ) and dated <br />April 11 1986 (Deed of Trust) to be entered into among Trustor, <br />AREND R. BAACK. Attorney at Law ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary"), covering the following described property: <br />LOTS FIVE (5) AND SIX (6) AND THE WEST SIX FEET (W6') OF LOT SEVEN (7) BLOCK TWELVE <br />(12), ARNOLD AND ABBOTT'S 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 11th day of Apri 19 86 <br />Tnmor PHLEIP M. MARTIN, SR. <br />Tr .lor JEANNINE M. MARTIN <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />The <br />, foy regoin I instrument w ackn wledA" 11th A ri 1 <br />19 86 F us a4a a o wife <br />Witness my hand and notarial seal at Grand Island. Nebraska in said county, the date aforesaid. <br />My commission expires: <br />VM M illb gf gii <br />1(w IL o Notary Public <br />—i <br />