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L <br />85_ Maus- <br />I%fie, JERRY L. BEER AND PEGGY L. BEER <br />under that certain peed of Trust dated July 31, 1985orrower "), <br />"Deed of Trust ") to be entered into among • <br />Borrower, ARPO R 8AACK attorney ("Trustee ") and <br />HOME FEDERAL SAVINGS & LOAN ASSN. OF GRAND ISLAfftender ") , covering <br />the following described property: <br />LOT THREE (3) IN BLOCK TWO (2) IN WEST BEL AIR FOURTH ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRSKA <br />hereby acknowledge that it is understood that (a) the peed <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 31st day of July <br />1985 <br />aorrower Jer Beer <br />Borro eggy L. Beer <br />State of Nebraska ) <br />) as. <br />County of HALL ) <br />The foregoing instrument was acknowledged f re m� <br />this 31st day of July 19 35 , by 'OMP L. BEER <br />AND PEGGY L BEER <br />Witness MY hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />MY commission expires: <br />KWMW -lbbd <br />MMOLE <br />Amla bR Mw. 21,19q <br />Notary Public J <br />FORM #85 -08 <br />NIFA 5/85 <br />MJ <br />