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85-- 003863 <br />M 1io <br />I/We, DUANE D. PARR AND GLORIA J. PARR ( "Borrower "), <br />under that certain Deed of Trust dated August 9, 1985 <br />, ( "Deed of Trust ") to be entered into among <br />Borrower, AREND R. BAACK, attorney ("Trustee") and <br />Hr FFDFRAL SAVINGS & LOAN ASSN. ( "Lender "), covering <br />the following described property: <br />Lot Four (4), in Block Two (2), Westroads Estates Second Subdivision, Hail vounty, <br />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 qth day of August , <br />19. <br />Borrower Duane D. Parr <br />State of Nebraska <br />SS. <br />County of HALL <br />Borrower Gloa J Parr <br />The foregoing instrument was acknowledged before me <br />this qtr, day of August , 19 85 , by n11ANF 11. PARR <br />AND GLORIA J. PARR <br />Witness my hand and notarial seal at Grand Nebraska <br />in said County, the date aforesaid. <br />My commission expires: t'o -0207 - <br />Notary Public <br />LFORM 9/85 -08 <br />N FA 5/85 <br />M <br />