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72908 -69 -1 <br />fISON . MCMN 106111 <br />ACKNOWLEDGEMENT <br />I /We, Kenneth W. Ross and Patricia A. Ross, husband and wife, <br />( "Trustor "), under that certain Deed of Trust datedOctober , <br />( "Deed of Trust") to be entered into among Trustor, 3ose2h 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 16, Bishop Heights Second Addition to Grand Island, Hall County, Nebraska. <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 22nd day of October 19 86 <br />Trustor Kenneth W. Ross <br />Trustor Patricia A. Koss <br />State of Nebraska ) <br />ss. <br />County of Hail ) <br />The foregoing instrument was acknowledged before me this 22nd <br />day of October , 19 86 , by <br />Kenneth W. Ross and Patricia A. Ross, husband and wife, <br />Witness my hand and notarial seal at <br />in said County, the date aforesaid. <br />My commission expires: _ <br />Notary Public <br />845A <br />iltivaswe at E <br />146cow" LS <br />NI &M E* bt1 D1 <br />Grand Island <br />