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r <br />ACKNOWLEDGEMENT <br />85, 004200 <br />I/We* __Timothy J. & Susan W. O'Connor ( "Borrower "), <br />under that certain Deed of Trust dated August 27, 1985 , <br />' ("Deed of Trust ") to be entered into among <br />Borrower, Omaha National Bank ( "Trustee ") and <br />FirsTier 'Mortgage Co. ( "Lender ") , covering <br />the following described property: <br />Lot Seven (7), Island Acres No. Nine (9), in Grand Island, <br />Hall 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 27th day of August <br />19 85 . <br />Borrowd)r , �eOTHY J. O' CONNOR <br />Borrower SUSAN W. O'CONNOR <br />State of Nebraska ) <br />) ss. <br />County of Hall j <br />The foregoing instrument was acknowledged before me <br />this 27th day of August 19 85 , by Timothy J. <br />& Susan W. O" Connor <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: August 10, 1988 <br />a�kfRetK.�.d7 na <br />FlCVi �2.'f <br />J. l3Ru��EE <br />Notary Publrc BEVERLY J. BREWER <br />X <br />