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r <br />Ln <br />86-- 103943 <br />ACKNOWLEDGEMENT <br />Schmidt, Husband and ,life <br />I/We, Fteven I,eRov Schmidt and Cindy Jean Canr',ack. ( "Borrower ") , <br />under that certain Deed of Trust dated July 11, , <br />1986 , ( "Deed of Trust ") to be entered into among <br />Borrower, FirsTier Bank, National Association, Omaha "Trustee ") and <br />FirsTier Mc:rtgage Co. , ( "Lender ") , covering <br />the following described property: <br />Lot Twenty-One (21) , in R & B Subftvi.si.on, Nall c_ntu:ty, 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 ']th day of _ MlY <br />19 !36 <br />Borrowef S'Pt: i LF120Y SC�?t1It7?' <br />I II ii l: <br />Borrower TIDY <br />i` <br />State of Nebraska ) <br />} ss. <br />County of ; +a1 i ) <br />The foregoing instrument was acknowledged before me <br />this 11th day of July 19 86 , by Stev�'n —Rov Schrilidt <br />and Cindv Jean Camiack. ScNridt <br />Witness my hand and notarial seal at -:nci Island <br />in said County, the date aforesaid. <br />My commission <br />-- expires: <br />M MI IEetlltl' State f tepr�s�y <br />BEVEL Y J I3r:e4 Ett [ <br />ist <br />Notary Pub1_ic Rr,l -H; i . i {;'l H <br />