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ACKNOWLEDGMENT <br />86-- 102576 <br />I /We', DAVID E. ABBOUD INC. <br />( "Trustor "), un er that certain Dee or Trust ate may Y, 19bb <br />( "Deed of Trust ") to be entered into among Trustor, JoseRh H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot 7, Block 152, Union Pacific Railway Company's Second Addition to <br />the City of Grand Island, Hall County, Nebraska and part of vacated <br />Sutherland Street. <br />hereby acknowledge that at 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 9th d o May 19 86 <br />DAVID E� IN <br />BO f <br />Tr sto <br />David E. Abboud, President <br />Trustor <br />State of Nebraska ) <br />ss. <br />County of ) <br />The foregoing instrument was acknowledged before me this _ <br />day of 191 by David R. dhhry�, Proaidont <br />of nnum F 6PROUi1, INC <br />Witness my hand and notarial seal at <br />in said County, the date aforesaid. <br />My commission expires: <br />845A <br />.' Notary Public - — <br />L <br />1 <br />