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63261 -1 -18 <br />ACKNOWLEDGEMENT <br />f 85= 001756 <br />I /We, Bernard W. Ulrich and Ardell M. Ulrich hush <br />( "Trustor" un er t at certain Dee o Trust dated lanril 10. 1985 <br />( "Deed of Trust ") to be entered into among Trustor, Joseph H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "),covering t e o owing descriBeJ property: <br />LEGAL DESCRIPTION: <br />Lot Sixty Four (64), in Wolfe's Subdivision, in the City of <br />Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially aiffereiit rights and obligations to the Trustor ,:han a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this loth day of ADril ,19 85• <br />Trustor <br />Be nard W. Ulrich <br />Trustor <br />Ardell M. Ulrich <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this loth <br />day of April 19 85 by <br />Bernard W. Ulrich and Ardell M. Ulrich, husband and wife, <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />S45A <br />riy commission expires: <br />atUCft Korapy • see ®r N46•0ru <br />MP E'® � ]. Igo <br />Notary Public <br />in <br />0 <br />0 <br />7 ! <br />q. <br />