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85- 003652 <br />ACHCME NT <br />I/ e. Tarry D. & Janet K rook. d /h /a T^rry's Automntiva ( "Trustor ") <br />under that certain Trust Deed dated July 30. 1985 , (Trust Deed ") <br />to be entered into among Trustor, Norvest Bank Grand Haland Nat tonal "ccp iation <br />('Trustee") and Norwest Bank Grand Island National Association ( "Beneficiary "), <br />covering the following described property: <br />LEGAL DESCRIPTION: <br />LOT ONE (1) AND THE NORTHERLY TWELVE (12) FEET OF LOT <br />THREE (3) IN BLOCK TWENTY -FOUR (24) UNIVERSITY PLACE, <br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />Hereby acknowledge that it is understood that (a) the Trust Deed to be executed by Trustor <br />is a trust deed and not a mortgage and (b) the power of sale provided for in the Trust <br />Deed provides substantially different rights and obligations to the Trustor than a mortgage <br />in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of <br />the Taut Deed. <br />Executed and delivered this 30 day of July , 19 85 . <br />rustor / Larry D. Cook <br />T!Pustor Janet K. Cook <br />State of Nebraska ) <br />County of Hall <br />) ss. <br />The foregoing instrument was acknowledged before = this 30th day of <br />JUIY + 19 -M_, by Larry D. Conk and Janet K Conk <br />Witness am hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />Hb comission expires May 3, 1986 <br />9/7/84 <br />el. - <br />R <br />