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a <br />� �N 69262 -1 -18 <br />FMff � <br />ACKNOWLEDGEMENT <br />r 86- 102389 <br />I /We, James C., Gardner, a single person <br />( "Trustor "), under that certain Deed of Trust dated may 90 198E <br />( "Deed of Trust ") to be entered into among Trustor, jos ph H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering t e o owing described property: <br />LEGAL DESCRIPTION: <br />lot 6, 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 May 19_x. <br />T or <br />ames C. Gardner <br />rustor <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 86 , by <br />James C. Gardner, a single person <br />Witness my hand and notarial seal at Omaha, Nebraska <br />in said County, the date aforesaid. <br />My commission expires: <br />845A <br />Notary Public <br />