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86- 106235 <br />ACKNOWLEDGEMENT <br />W. J. Bryan Lacy, Jr. and Wanda 3. Lac husband " <br />I /We, and wife, As Joint tenants with R.i ht y o S N, - ('Trustor). <br />snip and Not As Tenants in Common <br />under that certain Deed of Trust dated October 30, 1986 ( "Deed of Trust ") <br />to be entered into among Trustor, FirsTier Bank, National Association, Omaha, NE <br />( "Trustee ") and FirsTier Bank, National Association, Omaha ( "Beneficiary~) <br />covering the following described property: <br />LEGAL DESCRIPTION: <br />Lot Five (5), in Block Two (2), in Knickrehm Second Addition <br />to the City of Grand Island, Hall County, Nebraska <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed <br />by Trustor is a trust deed and not a mortgage and (b) the power of sale provided <br />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 Acknowledgement was made prior to the ex- <br />ecution of the Deed of Trust. <br />Executed and delivered this 3oth day of October . 19 86 <br />rU or 7 W_ J. Bryan Laoylvjr. <br />l � <br />rostor Wands J. Lac <br />i <br />j <br />State of Nebraska ) <br />) ss. <br />County of Nall - ) <br />The foregoing instrument was acknowledged before me this day <br />' 19)9/,_, by <br />Witness my hand and <br />in said County, the date aforesaid. <br />My comeission expires: 7 / /S1Rd <br />�INNAL /OMB- �IM��f blw�Y ���i; � • <br />MARIIYN I LUEM o ry Pu ce, <br />Mr c . E* ho it me <br />