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L <br />86-- 102195 <br />ACKNOWLEDGMUNT <br />husband and wife <br />I /We, Richard V. Dillman and Karen J. Dill-man. ( "Borrower "), <br />under that certain Deed of Trust dated May 2, 1986 , <br />( "Deed of Trust ") to be entered into among <br />Borrower, Norwest Bank Nebraska, National. Assoc iati`pplvTrustee ") and <br />Norwest Bank Nebraska, National Association ( "Lender "), covering <br />the following described property: <br />Lot Seven (7), in Block Fifteen (15), in Scarff's Addition to West Lawn in <br />the City of Grand Island, Hall County, Nebraska. <br />hereby acknowledge that it is understood that (a) the Deed <br />Of Trust to be executed by Borrower is a trust deed and not <br />a mortgage and (b) the power of sale provided for in the <br />Deed of Trust provides substantially different rights and <br />obligations to the Borrower than a mortgage in the event of <br />a default or breach of obligation. <br />Borrower acknowledges that this Acknowledgement was <br />made prior to the execution of the Deed of Trust. <br />Executed and delivered this 2nd-----,,day of May <br />19 86 <br />� r <br />Borro r Richard V. Dillman <br />State of Nebraska <br />ss. <br />County of Hall <br />BOr r6wer Karen,, Diliman <br />The foregoing instrument was acknowledged before me <br />this 2nd day of May , 19 86 , by Richard V. Dillman <br />and Karen J. Dillman, husband and wife <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />My commission expires: <br />NUMN A. X11111 TT <br />Notary Public <br />F0KN <br />NIFA ij ) <br />C� <br />1� <br />