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85- 005049 <br />r <br />ACKNOWLEDGEMENT <br />I /We, Steven S. & Catherine M. Allen, Husbane & Wi(ftorrower ") , <br />under that certain Deed of Trust dated October 11, 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 Two (2), J.S.C. Subdivision in the City of 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 11th day of October , <br />19 85. <br />Borrower STEVEN S. ALLEN <br />Borrower CATHERINE M. ALLEN <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 11th day of October , 19 85 , by Steven S. Allen and <br />Catherine M. Allen <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: october 10, 1488 <br />lrF 104 1M1 <br />Notary public SPARON 1 ?BAKER <br />In <br />Y <br />M <br />