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ACKNOWLEDGMENT BS--- 004412 <br />I/We, DAVID L. PIEPER AND KATHLEEN R. PIEPER husband and wife ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of FORTY ONE THOUSAND AND NO/100--- - - - - -- <br />-- -- --------- -------------- -- ---- -- (S_411000.00 ) and dated <br />September 11. 1985 (Deed of Trust) to be entered into among Trustor, <br />AREND R. BAACK. attorney ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary"), covering the following described property: <br />LOT SIXTEEN (16), IN BLOCK FIVE (5) IN CLAUSSEN COUNTRY VIEW ADDITION, AN ADDITION TO <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 11th day of September 11905— <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />The fort", instrument was acknowW <br />19 85 by DAVID L. PIEPER AND K <br />1lYitness my hand and notarial seal at <br />My commission expires:' - _(('_21 - if , <br />mum -L ta*"t. <br />WOMftNw." Ism <br />t� CA o. =o 2 <br />Trustor David L. Pieper <br />Trust Kathleen R. Pieper <br />this 11th day o f September <br />PIEPER, husband and wife <br />d, Nebraska in said county, the date aforesaid. <br />/'-) , tIZ/ . <br />Notary Public <br />I <br />M <br />1 <br />