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ACKNOWLEDGEMENT <br />85--- 002192 <br />I/We, Rolland L. Riese and p-lda M. Riese, husband and wife <br />("Trustor"), undWr- that certain -T)eed ot Trust dated May 7, 1985 <br />("Deed of Trust") to be entered into among Trustor, . Badazi-- <br />("Trustee") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />("Beneficiary"), covering the o owing describe-d--property: <br />LEGAL DESCRIPTION: <br />Lot Forty three (43) and the Southerly Nine (9) feet of Lot <br />Forty two (42) Writ Heights Second Addition to 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 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 7th day of May 19 85 - <br />rustor <br />'.rrustor <br />State of Nebraska <br />County of iiali <br />The foregoing instrument was acknowledged before me this 7 <br />day of W —0 1 , by <br />Rolland L. Riese, vid Elda <br />M. Riese,--busband wyl wife <br />Witness my hand and notarial seal at --Girand island, Nebraska <br />in said County, the date aforesaid. d <br />My commission expires; <br />M 111111 0 <br />otary Public <br />of *mw <br />J <br />a <br />-i <br />U <br />