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ACKNOWLEMMENT <br />86-- 104377 <br />[ /We, _EDWIN J ELLS AND CAROLYN HILLS. hiashand and wife —_ ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of --S I XTEEN THOUSAND NINE HUNDRED FIFTY <br />_ Q*LLARS AND--W100 --------------------------- -------- — (I 31.6.,.950 -.00 __ —) and dated <br />July 28 -1986 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack, attorney ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOT THREE (3) IN LAKE DAVIS ACRES THIRD SUBDIVISION, IN HALL COUNTY, NEBRASKA. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of safe provided for in the Deed of Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 2Rth dap of .1111y <br />rt <br />Trustor EDWIN JL;BILLS <br />5 <br />Trustor CAROLYN L. BILLS <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />The foregoing instrument was acknowledged before me this_ 28th _ day of Jul y <br />19 86 , by Fdwin J Bills and Garel� n 6 � 1s <br />Witness my hand and notarial seal at Grand Island Nebraska in said county, the date aforesaid. <br />My commission expires: — 9- -J .3 <br />titt�tt M6Mf— / d � ' <br />w Outtttt 10L a.. is Nozar9 Pohl: <br />R <br />