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I <br />(ONOE!�M4 <br />FMSF FEDHML 85--- 002095 <br />N 63334 -1 -18 <br />ACKNOWLEDGEMENT <br />I /We, Kelvin L. Shearer and Yvonne D. Shearer, husband and wife, <br />( " Trustor ") , under that certain Dee o Trust dated April 30,_1985 , <br />( "Deed of Trust ") to be entered into among Trustor, JoseRh H Bad mi <br />("Trustee") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the t011owing escri e property: <br />LEGAL DESCRIPTION: <br />Lot One (1), in Block Four (4), in Normandy Estates, an addition <br />to the City of 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 different rights and obligations to the Trustor than 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 30th day of April 19 85 <br />l % <br />Trustor <br />Kelvin L. Shearer <br />Tr: for <br />State of Nebraska ) Y nne D. Shearer <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 30th <br />day of --- -�il?x i1. 19 , by -- <br />Kelvin L. Shearer and Yvonne D. Shearer, husband and wife. <br />S45A <br />7 <br />