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85- 003343 <br />I /we, Jeffrey S. Rice and Vianna D Rice, H3�b p$ ( "BOrrOfier ") <br />under that ce rtain Deed of Trust dated <br />( "Deed of Trust ") to be ente Jred into 9amo <br />Bor wer ng <br />ro,NORWEST BANK OMAHA NATIONAL ASSOCIATION ( "Trustee ") and <br />NORWEST BANK OMAHA, NATIONAL ASSOCIATION ( "Lender "), covering <br />L-1110 following described property: <br />Lot Three (3), in Block Three (3), in Claussen Country View Addition <br />to the City of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood 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 day of July <br />19 85. <br />Borrower f y Rice <br />Borrower Vianna D. Rice <br />State of Nebraska ) <br />County of Hall j as. <br />The foregoing instrument was acknowledged before me <br />this 15th day of July <br />and Vianna D. Rice, Hus an an a 19 85 , by Jeffrey S. Rice <br />Witness my hand and notarial seal at Grand Island <br />in said County, date aforesaid. <br />my commis <br />FORM !#85 -08 <br />NIFA 5/85 <br />I <br />