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ACKNOWLEDGMENT 8"06792 <br />I/We. PARK GARDENS DEVELOPPENT INC. • T " <br />der that certain Deed of Trust in the original'Pnncipal amount of F U A� I" <br />---- ---- -- ---- (S-42,500.00 ) and dated <br />------ vember 24, 1986 (Deed of Trust) to be entered into among Trustor, <br />AREND R. BAACK, ,attorney (`Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />"GRAND ISLAND ( "Beneficiary "). covering the following described property. <br />.OT SEVEN (7 ), OF PARK GARDENS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />CIXtNTY, 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 sale 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 24th day of November '19 66 . <br />PARK GARDENS DEVELO iNfj� <br />Truss James O. Roth, P/r�esident <br />Dom 1, t6 -4J <br />Trustor Donna F. Roth, Secretary <br />