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rn I og -ri m C n = = 11 F ACKNOWLEDGMENT AND UNDERSTANDING AND WAIVER & DISCLAIMER OF HOMESTEAD RIGHTS acknowledges, waives and disclaims as follows: (Attachment to Trust Deed with Power of Sale) The undersigned, as Trustor (Borrower) in a certain Trust Deed with Power of Sale (herein called Trust Deed) to be executed immediately following the execution hereof, which Trust Deed is identified as follows: -4 Date: 10/14/2016 Trustor: Osni Ponca, LLC Trustee: Daniel A. Smith, Attorney At Law, P.O. Box 250, Lyons, NE 68038 - 0250. Beneficiary: Rural Investment Corporation, P.O. Box 136, Lyons, NE 68038(Lender) Consideration: Deed of Trust dated, 10 /14/2016 securing the following real estate: A portion of the Northeast quarter of the Northeast quarter of Section 21, Township 11 North, Range 9 West of the 6th P.M., Hall County, Nebraska, described as follows: Commencing at the Southwest corner of the intersection of Anna and Eddy Streets, which streets are now established and in use; thence Southwesterly along the South boundary of Anna Street, a distance of 164.4 feet; thence Southeasterly at right angles, a distance of 140.0 feet; thence Northeasterly at right angles, a distance of 164.4 feet; thence Northwesterly along the Westerly boundary of Eddy Street, a distance of 140.0 feet, to the place of beginning; said tract being a rectangular tract, having a frontage of 140.0 feet on Eddy Street, and a frontage of 164.4 feet on Anna Street, all in the City of Grand Island, Hall County, Nebraska. 1. The undersigned understands that the document to be executed is a Trust Deed with Power of Sale, and is not a mortgage. 2. The undersigned understands that the power of sale contained in the Trust Deed provides the undersigned with substantially different rights and obligations in the event of a default or breach of obligation that the right and obligations provided it in a mortgage. 06