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85- 003322 <br />AC <br />Jr/We, Robert G. Williams & R. Louise. Williams ("Borrower*), <br />under that certain Deed of Trust dated July 15, 1985 <br />1 — I <br />— ("Deed of Trust") to be entered into among <br />Borrower, Omaha National Bank ("Trustee") and <br />FirsTier Mortgage Co. ("I-ender"), covering <br />the following described prope—rty: <br />Lot Three (3), in Block Fourteen (14), in <br />Wallich's addition to the City of Grand <br />Island, Hall County, Nebraska. <br />hereby acknowledge that it is understooa 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 15th Clay Of July <br />19 85 <br />borrower ROBERT G. WILL17t---� <br />Borrower R. LOUISE WTL'Ll- <br />AMS <br />State Of Nebraska <br />ss. <br />County Of Hall <br />this The foregoing instrument was acknowledged before me <br />15th day of ,.lulu <br />d R. Louise Williams 19 85 by Robert G. Williams <br />an <br />Witness my hand and notarial seal at Grand <br />in said County, the date aforesaid. <br />MY COMMission expires: October 10, 1988 <br />'Notary Public ARON L. BAK <br />A <br />M <br />U <br />