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f <br />ACKNOWLEDGMENT, "7345 <br />Michael R Nichols and LaJean M. Nichols, Husband & Wife ( "Trustor ") <br />Deed of Trust in the original principal amount of Forty six Thousand, Five <br />d no./lOO — --------------------------------------- ($ 46,500-00 ) and dated <br />7 1986 (Deed of Trust) to be entered into among Trustor, <br />Haack ( "Trustee ") and HOME FEDERAL SAYINGS AND LOAN ASSOCIATION <br />LND ( "Beneficiary"), covering the following described property: <br />LOT NINETEEN (19), IN BLOCK THREE (3), in OI.DE MILL SUBDIVISION, CITY OF GRAND ISLAND, <br />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 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 ! &TH __day of December 19 86 <br />- ,.,(,,Michael R. Nichols <br />Trustor i c o s <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF Hall <br />17th December <br />'� foregoing instrument was acknowledged before me this day of <br />19 86 by Michael R. Nichols and LaJean M. iichols, Husband and Wide-- ' <br />Grand Island, Nebraska Witness my hand and notarial al at in :aid county, the dale aforesaid. <br />My commission expires: "_nL _ _fit! ` 3- <br />� I <br />Notary Public — - -- _ <br />14 Ora 6F Ur 7L 1� <br />