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86- 143331 <br />ACUIOWLEDGEMENT <br />Husband and Wife <br />I /We, Clyde W. Mottin and Virginia L. Mottin, ( "Borrower <br />under that certain Deed of Trust dated June 20 , <br />1986 , ( "Deed of Trust ") to be entered into among <br />Borrower, FirsTier Bank, National Association, Oman ( "Trustee ") and <br />FirsTier Mortgage Co. ( "Lender "), covering <br />the following described property: <br />Lot Two (2), in Block Fifty-One (51), in Charles Wasmer's Third <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed <br />of Trust to be executed by Borrower is a trust deed and not <br />a mortgage and (b) the power of sale provided for in the <br />Deed of Trust provides substantially different rights and <br />obligations to the Borrower than a mortgage in the event of <br />a default or breach of obligation. <br />Borrower acknowledges that this Acknowledgement was <br />made prior to the execution of the Deed of Trust. <br />Executed and delivered this 20th day of June <br />19 86 . <br />BorroWerCLYDE W. Mo'ITIN <br />BorrdiderVIR GINIA L. MOTTIN <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 20th day of June , 19 86 , by Clyde W. Mottin and <br />Virginia L. Mottin <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: August 10,1988 <br />MERAL RGIARI -ate c! N u .IS is ; <br />my comm. <br />My Comm. . Fxo <br />Notary Pubkc _ �MTRLY J. BREWER <br />R)RM 985 -08 <br />NIFA 5/85 <br />I <br />