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85_. 003388 <br />ACKNOWLEDGEMENT <br />I i ____ Patrick J- W Bri n _ ( "Borrower"), <br />under that certain Deed of Trust dated July 16, 1985 <br />, ( "Deed of Trust ") to be entered into among <br />Borrower, Norwest Bank Omaha National Association( "Trustee ") and <br />N °rwPSt Bank Omaha Na Tonal Association ( "Lender "), covering <br />the following described property: <br />Lot Five (5) and the Southerly Twenty Three and <br />Twenty Five Hundredths (23.25) Feet of Lot Three <br />(a), all in Block Twenty (20), University Place, <br />an Addition to the City of Grand Island, Hall <br />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 16th day of J�lv <br />19 R5 <br />Borrower Patrick O'Brien <br />Borrower <br />State of Nebraska ) <br />) as. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 16th day of July 19 85 <br />0Brien by _Patrick J <br />Witness my notarial seal at Grand Island <br />in said County l- oresaid. <br />Hy co <br />r� t'r'NEA'��YQ <br />* * Jul 2 1988 <br />Comm � <br />4� <br />or Notary Public <br />R)RM 085 -08 <br />NIrA 5/85 <br />t. <br />N <br />