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64890 -69 -1 <br />cemff%M2�4mim uraMN <br />85—• 61*964 <br />ACKNOWLEDGEMENT <br />F <br />I /We, Calvin E. Smith and Jeanette L. Smith husband and wife <br />( "Trustor "), under that certain Deed ot Trust dated August 16, 1985 <br />( "Deed of Trust ") to be entered into among Trustor, Joseph H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following described property: <br />L <br />LEGAL DESCRIPTION: <br />Lot 8 in Block 14, in Packer and Barr's Addition to the City <br />of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this 16th day of August , 19 85 <br />Trustor Calvin E. Smith <br />us tor Jeanette L. Smith <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 16th <br />day of August , 19 85 , by Calvin E. Smith and Jeanette L. Smith, <br />husband and wife <br />Witness my hand and notarial seal at Grand Island, Nebraska <br />in said County, the date aforesaid. <br />My commission expires: <br />MMIwFor Nft dMw'b Natary u is <br />ft & D. NbV <br />M1 0am►1* Yp 27.1M `J <br />845A <br />IN <br />U <br />J <br />