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L <br />ACKNOWLEDGEMENT <br />I/ We, J. Lliteras S Associates, inc. <br />86-•• 101870 <br />( "Trustor "), <br />under that certain Deed of Trust dated April 15. 1966 ( "Deed of Trust ") <br />to be entered into among Trustor, Omana National Bank <br />("Trustee") and Omana National Bank <br />covering the following described property: <br />LEGAL DESCRIPTION: <br />( "Beneficiary ") <br />Lots fifteen (15) and Sixteen (16), Garland Place Subdivision, Hail County, <br />Ne Vf sl'a',- 1'aoated in thr.•North Half of the Southeast Ouarter (NYSlt of <br />Sectign 23, fownsnip 11 Nortn, Range 10 west of the 6tn P.M., in Hail <br />C.i hty, Nebraska, excepting for property conveyed to Frank Strauss, Jr.. <br />described in the Deed :recorded at Book 160 of Deeds at Page 696 in the <br />tegister of Deeds office, Hall County, Nebraska, said Deed recorded cn <br />February 4, 1910 and except for 1.26 acres condemned by the State of <br />Nebraska, said condemnation proceedings recorded at page 649 in Book 9 of <br />Miscellaneous Records in the Hall County Register of Deeds Office and <br />recorded on October 3, 1961. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed <br />by Trustor is a trust deed and not a mortgage and (b) the power of <br />sale provided <br />for in the Deed of Trust provides substantially different rights <br />and obligations to <br />the Trustor than a mortgage in the event of a default or breach <br />of obligation. <br />Trustor acknowledges that this Acknowledgement was made <br />prior to the ex- <br />ecution of the Deed of Trust. <br />Executed and delivered this day of <br />19 , <br />J ..L 1tetas As1.� ates. Inc. <br />Trustor <br />State of Nebraska ) <br />ss. <br />County of OMIJ& ) <br />Ha 11. <br />The foregoing in3trument was acknowledged before me this ___C� day <br />in said County, the date aforesaid. A aEwtwuneruir- s+.0.r14WOOM <br />DENNIS BARKLEY <br />fly coission expires: MlrOwi+iOa2l,1l1� <br />ron <br />otary Public <br />