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gyp, <br />SST SAL LNCOLN <br />r <br />ACKNOWLEDGEMENT <br />as_ 102105 <br />I /We, James M. Jepson and Jean L. Jepson, husband and wife <br />( "Trustor "), un erg that certain Deed of Trust dated April 28, 1986 , <br />( "Deed of Trust ") to be entered into among Trustor, Joser)h H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following escri e property: <br />LEGAL DESCRIPTION: <br />Lot 40 in LeHeights Fourth Subdivision, part of the East Half of the Northwest <br />Quarter of Section 11, Township 11 North, Range 10 West of the Sixth P.M. in <br />Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed of Trust <br />to be executed by Trustor is a trust deed and not a mortgage and <br />(b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a <br />mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgement was made prior to <br />the execution of the Deed of Trust. <br />Executed and delivered this <br />State of Nebraska ) <br />i ss, <br />County of ball ) <br />?8th day of April 19 86 <br />0, <br />Trus —to r J Limes M. Jepson <br />Trust.&r Je L" <br />Tho- foregoing inst- rument was acknowledged before me this 28th <br />clay of April _ 19 a6 bV JEPSON A0 JEAN L. ,JEPSON <br />husband and wife <br />Witness my hand and notarial seal at <br />in said County, the date. aforesaid. <br />845A <br />M <br />My commission expires: <br />Crand 1s1. nd <br />CONMIL <br />S. BALES Notary �P u i c <br />M pra Fi/. Oet li, t9lB <br />