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.. . � � �� , _ _ _� gg� 106555 TRUSTaIi A�I.'NOWLFD�BFIEATT r I/we, Hl�RRY C. STALI�R and PATRZC2� P. STl�►LI�R, husbanrl and wife with rights of eurvivorship, ��Trustor�� under that certain Deed of Trust datRd Dece�aber 1, 1989 (��Deed of Truat�') to be entered fnto among Trustor, FIRST FEDERAL SAVINGS PiND I�OAN ASSOCIATTON OF LINGOLN ("Trustee") and FII�ST FED�RAL 5A�IINGS AND LOAN ASSOCIATION OF LINCOLN (��Beneficiary'�) , covering the following described property: A tract of lanci oot�rising a paxt of the Norttieast Quarte�.r of the ' Ncrtheast Quarter (I� 1/4 NE 1/4) of Sectiarl 24, 'ibwnship 11 No�th, I��ge iQ West of tl�e 6th P.M., Hall Oa�nty, Nebraska, m�re particularly cl�►.'�ibed as follvws: Beginning at a poi.nt on the East Line of said Sectioa�► 24 said point being 297.5 feet North of the Sautl�east cornar of � said North�east QuaYter of the Northea.nt Quarter (NE 1/4 NE 1/4); thenoe We�^terly paxallel to the North line of sai.d Northeast Q�uter (I� 1/4), a distar�oe of 660.0 feet; therx�e Northerly parallel to the Eas�� line of said Northeast Quartex (NE 1/4), a distanoe of 109.16 feet, to a poirit cn the Scutheasterly ric�t-of-�ray line of U.S. Hic,�way 30; th�oe d�eflectirg Ric�t 5s degr�ees 47 minutes and nu�t�it�g Northeasterly along - said right-of�way li,ne, a di.�tanae of 151.83 feet; thenoe Eastc�sly � pata].lel to the North line of said Northeast Quaxter (I� 1/4) a a;�.�-a„rp % of 530.14 feet, to the Fast line of said Northeai.st Quartex (NE 1/4) ; . � r . .�- -�`_ = 1_hot�fr� Cn'1-�rl j �7� �.1''w �„�t lir.a af �d 2wi�3ou.�i. '�Iu�.'�t =i� 3�4j i . f. a distar�oe of 190.0 feet to the place of beqirming; �CEPT a tract of ''." latyd located i.n the Northeast Quarter of th�e Northea.,ct Quarter of ,i�` Sectian 24, �cwnship 11 North, Range 10 West of the 6th P.M., Hall Oo�tY. Nebraska, d�cribed as folla�rs: Referrir�g to the Southeast ' wrnex of safd Qu�ter Quarter Sectio�n; th�enoe Norrherly a distanoe of � 297.50 feet along the East line of said Qua�r QuarGer Section to the �; peint of begir�nit�g: t2'ie.t�oe Northerly deflecting 000 degrp,es 00 minutes -= 00 seoonds a distanae of 190.00 feet alcng the East line of said Qua�xtex :� � Quarter Section: thenoe W�sterly deflecting 088 degraes 48 m�nutes 30 ' seoonds Left, a distanee of 45.30 feet; tllenve Southerly deflectirig 092 � 32 minutes 26 se�onds Left, a distanoe of 190.15 feet: th�noe . ly deflecting o87 dec,�rees 27 minutes 34 secor�ds Left, a distanoe : of 40.82 feet to the point of beginning. which has a '� propexty addr+e�s 410 South W�3ab Ro3d, Grarid Islaz�d, NE � 68803. '. � � hereby acknowledge that it is understood that: � , a) the Deed of Trust to be executed by Tri�stor is a trust deed and not a mortgage, and; b) the power of sale provided for in the Deed of Trust . provides substantially different rights . and . obliqations to the Trustor than a mortgage in the •. event of a default or breach of obligation. Trustor acknowledges that this Acknowledgement was made prior to the execution of the Deed of Trust. r=_---_"` : Executed and deli.vered this ist day of December, 1989. � � I � � TRUSTORS: j � , , ` f ,.c/� t- .¢ + ..�� l - � � � . ,� .� � _ Harry C. Stalker �/ � �1� e � ,c�� ;_i��(-� ," , �p �f�,f . I!! Patricia P. Stalker �� r' r. • �