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003384 <br />MGM <br />r <br />I/ met Craig i._ !ahaon & Kis A ibson ( "Borrower ") , <br />under that certain Deed of Trust dated .July 16 If <br />1985 , ( "Deed of Trust ") to be entered into among <br />Borrower, Five Points Bank " <br />( Trustee " ) and <br />_Points Bank <br />the following deacribed propert ( "Lender "), covering <br />y: <br />Lot 11, Saddle Club Subdivision Addition to the City of Grand Island, <br />Hall County Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed <br />r 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 <br />l <br />19�_. fith day of jLlv <br />rr r <br />Craig L. Gibson <br />Bor�r-16 wer <br />State of Nebraska ) Kim A. Gibson <br />) ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this _lbfh_ day of July <br />and K A. Gibson 19 85 , by Craig L. Gibson <br />Witness my hand and notarial seal at <br />in said Count <br />Y. the date aforesaid. <br />My Commission expires: <br />r <br />owl <br />4*„� Notar Pub c <br />FORM #85 -08 <br />NIFA 5/85 <br />