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IN <br />`SST FENNAL LOYC'lOLN 69276 -1-18 <br />ACKNOWLEDGEMENT <br />86- 142578 <br />I /We, <br />( "Trustor "), un er t at certain Deed of Trust dated May 9, <br />( "Deed of Trust ") to be entered into among Trustor, ,osevh H. Badami <br />( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />( "Beneficiary "), covering the o owing e-scri a property: <br />LEGAL DESCRIPTION: <br />Lot 8, Block 152, Union Pacific Railway Company's Second Addition to <br />the City of Grand Island, Hail County, Nebraska and part of vacated <br />Sutherland Street. <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 9th day of May 19 86 <br />DAVID E fBJOUXD, Z 1C . <br />Tru <br />David E. �bb d, Prelident <br />Trustor <br />State of Nebraska ) <br />ss. <br />County of ) <br />The foregoing instrument was acknowledged before me this <br />day of 19 , by <br />of DAVID T ABBOUND, ZNG <br />Witness my hand and notarial seal at <br />in said County, the date aforesaid. <br />My commission expires: <br />Votary Public � <br />845A <br />