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<br />I <br />, <br /> <br />ACKNOWLEDGMENT <br /> <br />88- 101464 <br /> <br />r <br /> <br />IIWe, Steven J. Usasz and Judith A. Usasz t Husband and Wife----n-------- ("Trustor") <br />under that certain Deed of Trust in the original principal amount of Twenty Five Thousand and no/100-------- <br />-------------------------------------------------------------- ($ 25,000.00 )anddated <br />March 23. 1 988 (Deed of Trust) to be entered into among Trustor, <br />Arend R. Baack ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIA nON <br />OF GRAND ISLAND ("Beneficiary"), covering the following described property: <br /> <br />Lot Seven (7) and the Southerly Seven (7) Feet of Lot Five (5), Block Four (4) <br />in University Place, an Addition to the City of Grand Island, Hall County, Nebraska. <br /> <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 23 day of March , 19~. <br /> <br /> <br />T:.!~/f?:~~ <br />#udA Q '7J~J;:! ~ <br /> <br />, 5 r Judith A. Usasz ~ <br /> <br />STATE OF NEBRASKA } <br />SS <br />COUNTY OF Hall <br /> <br />The foregoing instrument was acknowledged before me this <br />19~,by Steven J. Usasz and Judith A. Usasz. Husband <br />Witness my hand and notarial seal at Grand Island. Nebraska <br />My commission expires: 11- d ,-j-- Q I <br /> <br />23 <br /> <br />day of <br />and Wife <br />in said county, the date aforesaid. <br /> <br />March <br /> <br />. ,i <br />I <br /> <br />.J:1DEIIl1RM'f-M II..... <br />, DEBORAH L. Klfl&.E <br />.. CIIIIL bJ. .. Ill.l <br /> <br />~ ci Jt;J~ <br /> <br />Notary Public <br /> <br />; <br />, <br />" <br />, <br /> <br />~ <br />i <br /> <br />u <br />