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VNEff M I NNE OM `q261-1-18 <br />1 <br />ACKNOWLEDGEMENT <br />86-- 102387 <br />I /We, James C. Gardner, a single person <br />( "Trustor "), under that certain Deed or Trust date g teR; , <br />( "Deed of Trust ") to be entered into among Trustor, Joseph Ti. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot 5, Block 152, Union Pacific Railway Compauy, Second Addition to the <br />City of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that 2t 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 May 19 gg <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 o f M;,,, , 19_g_ , by <br />James C. Gardner, a single person <br />Witness my hand and notarial seal at pm}ja. Nebraska <br />in said County, the date aforesaid. <br />My commission expires: <br />§Votary PuOii c <br />,>45A <br />