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Q�s <br />rC MCOLN <br />ACKNOWLEDGEMENT <br />85-- 005792 <br />I /We, Arnold Placke and Dara J. Placke, husband and wife <br />( "Trustor ") , under that certain Deed of Trust dated November 21, 1985_, <br />( "Deed of Trust ") to be entered into among Trustor, Josenh H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering tE-e-7ollowing described property: <br />LEGAL DESCRIPTION: <br />Lot 4, Valley_ View 3rd Subdivision, Grand Island, Hall. County, <br />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 21st day of November 19 85 <br />et <br />Trustor Arnold Placke <br />j 4L- <br />Trustor Dara .1. q'lacke <br />State of Nebraska <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me this 21st <br />day of November , 19 85 , by <br />Arnold Placke and Dara J. Placke 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 />Notary Public <br />c �. <br />845A <br />LJ <br />ti <br />L_ .�J <br />