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Borrower, FirsTier Bank, National` Association, Oman ( "Trustee "') and <br />Fir.-Tier Mortgage ("Lender "), covering <br />the following described property: <br />Fractional Lot Seven.(7), in Fractional Block Sixteen (16), in Baker's <br />Addition and its ccaplenent Fractional Lot Seven (7), in Fractional Block <br />One (1), in woodbine Addition to the City of Grand Island, Hall County, <br />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 23rd day of June <br />19��. <br />Borrower PATRICK J. MOORS <br />4 <br />Borrower TAM J. MOORE <br />State of Nebraska ) <br />ss. <br />County of Hall ) <br />The foregoing instrument was acknowledged before me <br />this 23rd day of June , 19 86 , by Patrick J. Moore <br />and Ta t' i . Moore <br />Witness my hand and notarial seal at Grand Island <br />in said County, the date aforesaid. <br />my commission expire August 10, 1988 <br />6EMePa MuI 3.t_„ tER <br />� y <br />Notary Public] ERLY J. BREWER <br />FORM /85 -08 <br />NLFA 5{85 <br />