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ACKNOWLEDGMENT 86 07049 <br />I/We, TFESY_i - 4#"HU TZ- AND LINELL S. SCHULTZ, hus and and Igife (64 rustor ") <br />under that certain Deed of Trust in the original principal amount of TWENTY FOUR THOUSAND AND NO 100---------- - <br />----------=- - -- - -- --------------- - - - - -- _- _------ - - - --( s . ) and dated <br />December ber 8. 1986 (Deed of Trust) to be entered into among Trustor, <br />'.BAACK , attorney ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />THE EASTERLY SIXTY SIX _(66) FEET OF THE NORTHERLY ONE HALF (N 112) OF LOT TEN (10). OF THE <br />COUNTY SL93OIVISION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER (S 112 SE 1/4) OF SECTION <br />SIXTEEN (16), IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL <br />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 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 8th day of December '19 86 <br />a- <br />Tn stor Je ia L. Schultz <br />Trust& L inell S. Schultz <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />