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ACKNOWLEDGMENT 85--- 005931 <br />I /We, KOBAY CHANTHAVONG AND SOMPONG CHANTHAVONG, HUSBAND AND WIFE ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of FDRTY -SFyr 1. THOUSAND SFVFN Nl LNDREn <br />no, I Age , ANn Nn /1nn ------------------- - - -- -- ($ 47,7nn nn _)anddated <br />narnmhar 9- 1985 (Deed of Trust) to be entered into among Trustor, <br />rand R RaaC k, h++nrnay at. law ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary"), covering the following described property: <br />FRACTIONAL LOTS SEVEN (7) AND EIGHT (8), IN FRACTIONAL BLOCK EIGHT (8) IN GILBERT'S <br />SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />4 <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 2nd day of December 19 _85 <br />Trustor KOBAY CHANTHAVO /NEG- <br />— zz ` ,C-G <br />Trustor SOt ONG CHANTHAVONG -_ <br />STATE OF NEBRASKA <br />5S <br />COUNTY OF Hal l <br />The foregoing instrument was acknowledged before me this 2nd da of December <br />I986 by KOBAY CHANTHAVONG AND SOMPONG CHANTHAVONG, HUSBAND ANg WIFE <br />Witness my hand and notarial seal at Grand Island in said county, the date aforesaid. <br />My commission expires: 11--d j- P7 <br />0 t>Ma ft Nm �I1q I Notary Public <br />