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<br /> (� 90-- 102413
<br /> ,ACFtNOWLEDGIrIENT OF` L7NI3ERSTANDING
<br /> OF
<br /> " DEED OF TRUST WITN POWER OF SALE
<br /> Z'he unders igned Borrower� Bryar� J. Graves, ur�derstands that
<br /> tlie undersigned is being as)ced to act as Truator in a propnsed
<br /> Trust Deed With Power Of Sale of the follow3ng described renl
<br /> � estata ai�uated in Hall County, Nebraska: Lots One (1) , Two
<br /> ! (2) , Three (3) and Four (4) in Black Four (4) , in 7�akeview, an
<br /> � addition to the City of Grand Island, Hall County, Nebraska,
<br /> except a tract of land deeded to the City of Grand �sland, more
<br /> particularlX described in Warranty Deed recoxded in Book 164,
<br /> Paqe 661, wherein Sill Peterson is Seneficiary, which Trust �eed
<br /> will secure pa�ment of a loan to be made by Bill Peterson to the
<br /> � unders igned in the amcunt of One Hundred Twenty-six Thousand Two
<br /> ; Hundred and No/300 Dollars ($126,200.00) , and hereby acknowledges
<br /> � and understands:
<br /> 1. That the document to be executed is a Trust Deed and
<br /> not a mortgage.
<br /> 2 . That the POWER OF SALE provided for in the Trust Deed �
<br /> provides me with substantialiy different rights and
<br /> . obliqatioris in the event of a default or breach of �-
<br /> , obligation than the rights and obli ations ���--a
<br /> g provided me �,__
<br /> - in a mortgaqe. - �:-
<br /> - -_ =- H° :3�� r�: �;, a�,rr�tiii�i�y �� teda zhe propvsed DeeC1 Of
<br /> Trust With Power Of Sale, but he is signing this _
<br /> acknowledgment first, before he is asked to sign the ,. -
<br /> Deed Of Trust.
<br /> � Dat�d this ist day of May, 199.�, at •� o�clock �.M.
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<br /> Bry� J, Gr ves, Borrower
<br /> ' STATE OF NEBRASKA ) �/ r :�
<br /> (ss: ;:��
<br /> � COUNTY OF HALL )
<br /> The foregoing instrument was knowledged before me this �
<br /> lst day of May, 1990, by Bryan J aves. 7 � '
<br /> C�7�G=.czC.. ! .
<br /> � ��,��� N,tary Publ i�
<br /> � IMrNSl�Arii�N�I
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