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A <br />63319 -1 -18 <br />ACKNOWLEDGEMENT <br />85®. 002266 <br />I /We, Larry Lee Coats and Wanda Marlene Coats, husband and wife, <br />( "Trustor "), under that certain Deed or Trust dated May 9, 1985 <br />( "Deed of Trust ") to be entered into among Trustor, Isenh H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the followi—n—g---described property: <br />LEGAL DESCRIPTION: <br />Lot Eight (8), in Block Eighty Four (84), in Wheeler and Bennett's <br />Fourth Addition to the City of Gran: 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 cite Deed of Trust. <br />Executed and delivered this 9th day of May , 19 85 <br />Trustor- <br />4arry Lee Coats <br />Trustor <br />Janda Aarlene t-oats <br />State of Nebraska ) <br />Ss. <br />County of EtilI ) <br />The foregoing instr---nt was acknowledged before me this 9th <br />day of ny_ 19 35__' by __.._.__._. <br />E xrry e Coat ar�d a a_14r1ene Qog .. husband and wife. <br />'fitness my hand and notarial. seal at Grand Islaml, i,,�abraska <br />in said County, the date aforesaid. <br />My commission expires: m _� <br />