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ACKNOWLEDGMENT $s' iQ3003 I/We, EDWARD I JOHNSON AND MARY S. JOHNSON HUSBAND AND WIFE ( "Trustor ") under that certain Deed of Trust in the original principal amount of THIRTY THUUSAND FOUR HUNDRED DOLLAR5 _ AND N01100 -- -------------------------------------- - - - - -- ($_ 30,400.00 _)and dated June 6. -1986 (Deed of Trust) to be entered into among Trustor, Arend R Baack, Attorney at Lax ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ( "Bateficiary " }. covering the following described property: THE 'SOUTHERLY TWO AND FIFTY HUNDREDTHS (S Z.50') FEET OF LOT THIRTEEN (13), AND ALL OF LOT FIFTEEN (15), IN BLOCK TEN (10), IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THE 'NORTH HALF (31) OF THE EAST ONE HUNDRED THIRTY -TWO FEET (E 132') OF VACATED PROSPECT STREET BETWEEN BLOCKS TEN (10) AND FIFTEEN (15) MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMIENCING AT THE SOUTHWEST CORNER OF LOT FIFTEEN (15), BLOCK TEN (10), UNIVERSITY PLACE AN ADDITION TO THE CITY OF GRAND ISLAND, THENCE EASTERLY ALONG AND UPON THE SOUTHERLY BOUNDARY LINE OF LOT FIFTEEN (15), BLOCK TEN (10) UNIVERSITY PLACE, A DISTANCE OF ONE HUNDRED THIRTY TWO FEET (132') THENCE SOUTHERLY THIRTY -FIVE FEET (35'), THENCE WESTERLY PARALLEL TO THE SOUTHERLY BOUNDARY LINE OF LOT FIFTEEN (15), BLOCK TEN (10) UNIVERSITY PLACE, A DISTANCE OF ONE HUNDRED THIRTY -T14O FEET (132'), THENCE NORTHERLY THIRTY -FIVE FEET (35') TO THE POINT OF BEGINNING, IN HALL COUNTY, NEBRASKA. hereby acknowledge that it is understood that (a) the Deed of Trust to he executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation_ Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 6th _day of June I9 86 '7'russor EDWARD 1. MiNSON n for �MRY S.- JOHNSON STATE OF NEBRASKA COUNTY OF HALL I SS The foregoing instrument was acknowledged before me this-- 6th day of .lunP 19 F16 by F ARD I. ,ld(}NSQN ARID MARY S JOHNSON. HUSBAND AND 'WIFE _ Witness my hand and notar' seal t t 1 in said county, the date afvrc,atd. My commission expires: _ M KmM iNra�r —s,,,, AIWKW tMeC.t Kft _ � %%� . -- 17 NDISry Public - 7-'