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r <br />L <br />85--- 001471 <br />ACKNOW1,EDGEi4ENT <br />I /We, TeT2'V H_ Ra an and CAirl husband and wife <br />rrower "), <br />under that certain Deed of Trust dated gMarch 29, 1985 AP <br />( "Deed of Trust ") to be ente ;ed nto among <br />Borrower, Norwest Bank Grand Island, National asoc4igtnistee ") and <br />Norwest Bank Grand Island, National AssociatMender ") , covering <br />the following described property: <br />(Legal Description) <br />The Easterly Fifty -five (55) feet of Lot One Cl), and the Westerly Two (2) <br />feet of Lot Two (2), in Block Two (2), in tdesterhoff's First Subdivision in <br />the City of Grand Island, Hall County, Nebraska, excepting therefrom the <br />North Thirty feet (30') hezetofore conveyed to the City of Grand Island, <br />for street purposes. <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 29th day of March <br />19 85 <br />Borrower <br />Borrower <br />State of Nebraska ) <br />) ss. <br />County of HALL ) <br />The foregoing instrument was acknowledged before me <br />this 29th day of March 19 85, by Terry H. Regan and <br />Shirley J. Regan, husband and wi e P <br />Witness <br />in said Coun <br />toy <br />notarial seal at Grand Island NF. <br />aforesaid. <br />NIFA 8/84 <br />1984 Series A <br />/7 <br />.,i <br />Nota� <br />lic <br />9 <br />R <br />