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I <br />(Mm s I.w1�LN 69260 -1 -1.8 <br />ACKNOWLEDGEMENT <br />86-- 102385 <br />I /We, James C. Gardner a single Person <br />( "Trustor "), un er that certain Deed of Trust dated ��. � <br />( "Deed of Trust ") to be entered into among Trustor, Joseph H Badami <br />("Trustee") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the--ToTlowing described property: <br />LEGAL DESCRIPTION: <br />Lot 3, Block 152, Union Pacific Railway Company, Second Addition to the City <br />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 9th day of 19 R6 <br />for <br />James C. Gardner <br />Trustor <br />State of Nebraska ) <br />ss. <br />County of Douglas ) <br />The foregoing instrument was acknowledged before me this 9th <br />day of May , 19 S6 , by <br />James C. Gardner, a single person <br />Witness my hand and notarial seal at c ah?,- mehraska _ <br />in said County, the date aforesaid. <br />My commission expires: <br />iG <br />m No ary Pu is <br />845A <br />` a <br />n <br />