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ACKNOWLEDGEMENT fig._ 104484 �. RE- RECORDEV 105062 me, Lyman J. Cass and Helen E. Cass, husband and wife ( "Trustor "). under that certain peed of Trust dated August 15, 1988 Deed of Trust ") to be entered into among Trustor, FirsTier Bank, National Association, Omaha, Nebraska ( "Trustee ") and FirsTier. Bank, National :Association, Omaha, Nebraska ( "Beneficiary") covering the following described property: LEGAL DESCRIPTION: Lot Twelve (12), Brach's Second Subdivision, to the City of Grand island, Hall County, Nebraska and Lake Front Tract #12 A, in Hall County, Nebraska ACID Lake Front Tract "'12A, more particularly described as Lake Front. Tract abutting Brach's bake, shown on the City of Grand Island Engineering Department Plat, identified as "Brach's Lake" dated 9 -29 -72 and which plat has been filed of record as a part of deed recorded in Book 106 B at Page 23 of the(continued below lst Mtg clause) Subject to Mortgage of Record to The Equitable Building and Loan A3sociation of Grand Island, Nebraska in the amount of ;48,500.00 filed as Document #76- 001735 on April 2, 1976, Mall County, Nebraska official deed records of Hall County, Nebraska, in the Northwest Quarter of the Southwest Quarter of Section 21, Township 11 North, Range 9 West of the 6th P.M., Hall County, Nebraska, excepting a certain tract deeded to the City of Grand Island, Nebraska as shown-as Quitclaim Deed recorded as Document No. 76- 001807. hereby acknowledge that it is understood that (a) the Dead of Trust to be excuted by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially dif- ferent rights and obligations to the Trustor than a mortgage in this event of a default or breach of obligation. Trustor acknowledges that this Acknowledgement was made prior to the execution of the Deed of Trust. Executed and delivered this 15th day of AucTust , 19��__ �U�, 0 'Q c Trustor man J. Cass Trus or Helen E. Cass State of Nebraska ) ) ss. County of [Tall ) The foregoing instrument was acknowledged before me this 15th — day of LU -3ust _.___.____ , 19. 88 _ by Lyman J. Cass and Helen E. Cara S,— husband and wife Wintess my hand and notarial seal at Grant] Island_ Nebraska in said County, the date aforesai My commission expires: �` `� 1\ f � n p�CftX>�llt !� �f., .� u Notary't -ubliC ry 1';' 9'n'r tru" hnu • oh nn- w.