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!,ll11�OLN <br />r <br />ACKNOWLEDGEMENT <br />86-- 10242668562 -1-18 <br />I /We, Todd W Swartzbaugh and Cheryl L. Swartzbaugh, husband and wife, <br />( "Trustor "), under that certain Deed of Trust dated may 1*1_ 1986 <br />( "Deed of Trust ") to be entered into among Trustor, Joseph H. Badami — <br />( "Tr ustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot One Hundred Thirty Two (132), in Buenavista Subdivision, <br />in the City or 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 13th day of _ iay , 1986 <br />Trustor <br />Todd W. Swartzbaugh <br />Trustor <br />Cheryl L. Swartzbaugh <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 13th <br />day of May , 19 86 , by <br />Todd W. Swartzbaugh and Cheryl L. Swartzbaugh, husband and wife, <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />My commission expires: <br />--------------- <br />Notary Pubiic <br />845A <br />a <br />