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ACKNOWLEDGEMENT <br />Husband and Wife <br />I /We, Dennis M Grundman and Linda L. Grundman ( "Borrower "), <br />under that certain Deed of Trust dated November 29 , <br />1985 , ( "Deed of Trust ") to be entered into among <br />Borrower, umaha National Bank ( "Trustee" ) and <br />FirsTier Mortgage Co. ( "Lender "), covering <br />the following described property: <br />The Northerly 25' of Lot 9 and all of Lots 10 & 11, Block 3 Pleasant <br />Hill Addition to the City of Grand Island, 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 29th day of November , <br />19 85 . <br />Borrower DENNIS M. GRUNDMAN <br />State of Nebraska <br />ss. <br />County of Hall <br />Borrower LINDA L. GRUNDMAIN <br />The foregoing instrument was acknowledged before me <br />this 29th day of November 19 85 , by Dennis M. Grundman <br />and Linda L. Grundman <br />Witness my hand and notarial seal at <br />in said County, the date aforesaid. <br />My commission expires: <br />�ii�RHixN !.. 8Ati c7 <br />FORM #851 -08 <br />NIF'A 5/M5 <br />ober 10. 1988 <br />Grand Island <br />Notary Public SHARON L. BAKER <br />01 <br />