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ACKNOWLEDGMENT <br />8s -10700 <br />I/We, REAL ESTATE INVESTORS ( "Trustor ") <br />under that certain Deed of Trust in the on rind amount of FIFTY THOUSAND AND NO/100 --------------- <br />($ It] <br />------ - - - -- D - -- -------- ---------- - - -_ )and dated <br />tPrmnhcr A- I qR6 (Deed of Trust) to be entered into among Trustor, <br />A00Nn R RAArK a - _o py ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOT TWO (2) IN 7ANISCH SUBDIVISION, AN ADDITION TO THE CITY OF GRAD ISLAM, COMPRISING <br />ALL OF LOT TWO (2), FONNER SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, EXCEPTING <br />THEREFROM THE WEST FOUR AND FIVE TENTHS (4.5) FEET OF THE SOUTH SIX (6.0) FEET, LOCATED <br />IN PART OF THE WEST HALF OF THE SOUTHWEST QUARTER (W1 /2 SW1 /4) OF SECTION TWENTY TWO (22), <br />TMINSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., IN 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 executi n of the Deed of Trust. <br />Executed and delivered this 4th day of �ecember 19 86 <br />REAL ESTATE INVESTORS, INC. <br />- <br />T—tor By: Niels C. McDermott, President <br />Trustor Vickie McDermott, Secretary <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF HALL <br />The foreloi instrument was ackno, <br />19 86 ,by NIELS- -C. MCDERMOTT A <br />Witness my hand and notarial seal at <br />My commission <br />Notary <br />4th day of December <br />in said county, the date aforesaid. <br />