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ACKNOWLEDGMENT 86-- 103471 <br />]/We, CAROLE E. CARPENTER AND RICHARD L. CARPENTER wife and husband ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of FIFTY THOUSAND AND NO/100 --------- <br />-------------------------------------- ------- ------- ------- - - - - {S 50,QOO.00 )anddated <br />June 19, 1986 (Deed of Trust) to be entered into among Trustor, <br />AREND R. SAACK, attorney ( "Trusted') and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND (`Beneficiary"), covering the following described property: <br />LOT THIRTY -FOUR (34), IN HIDDEN LAKES SUBDIVISION NUMBER FOUR (4) HALL COUNTY, NEBRASKA. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 19th day of June 19 86 . <br />/ G <br />T Carole E. Carpent r <br />Trustor Ric rd L. Carpenter <br />STATE OF NEBRASKA l <br />j} SS <br />COUNTY OF HALL <br />The foregoing instrument was acknowledged before me this 19th day of June <br />19 86 by CAROLE E. CARPENTER AND RICHARD L. CARPENTER, wife and husband <br />Witness my hand and notarial seal at Grand Island Nebr ka in said county, the date aforesaid. <br />My commission expires: <br />Notary <br />I <br />L <br />I <br />