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<br /> ACKNOWLED6MENT OF UNDERSTANDING '
<br /> 7HE UNDEOtSIaNHD AS TRUSTORS (BORROWERS) IN A PROPOSED TRU5T DEED
<br /> W1TH POWER OF SALE WHEREIN CiTIZENS BANK & TRUST COMPAkY iN ST.
<br /> PAUL, ST� PAUL, NEBRASKA IS THE BENEPICIARY, WH1CH TRUST DEED W1L4
<br /> THAYER�PWIFENANDFHUSSAND IN THEMAMOUNt OFNS100•O OHOO�ACKNOWLEDGHf J,
<br /> 1� WE UNDERSTAND THAT THE DOCUMENT TO BE EXE�UTED IS A TRUST
<br /> DEED AND NOT A MOitTGAGE, IN WHICH THE FQL�OMING DESCRIBED
<br /> REAL ESTATE 1S INI�OLVED, TO—MI7:
<br /> SEE EXM181�' 'A" ATTACHED
<br /> ;;.:, 2� WE UNDERSTAND TNAT THE Pe�ER AF SA9=E PR0171DEp FOR IN THE
<br /> �:•� TRllST DEEU PROVIDES US WITH SUBSTAAITIALLY AIFFERENT RI(iHTS
<br /> ' K,_ ,.;�:� : AND 08�IGATIONS I N THE EVENT OF A DE�AUtT OR SREACH OF
<br /> ^: .;•:�t, �;,.. OBLI6ATION THAN THE RIGHTS AKD OBLIGATIONS PROVIDED US IN A
<br /> ,..�:s.��s.,:,,.:..�•, MORT6AGE�
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<br /> ` � tY � 3. I�E FURTHER ACKNOWLEDGE THAT WE HAVE READ THE FOREGOING AND
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<br /> �:ry::,v� i9b1VE SIGNED THIS AOCUMENT PRIOR 70 7HE EXECUTION OF ANY
<br /> `�;'=�•���:�'` .k. TRUST DEED WHICH CONFERS THE POWER OF SAI.E TO THff TRUST�E
<br /> '�f���•� ��"��"' FOR THE SENEFIT OF CITIZENS HANK 8 TRUST COMPANY IN ST� PAUL,
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<br /> •�`;�pY`�}�'�' ST� PAUL� NEBRASKA
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<br /> 4... . �, ,;% � � 1993�
<br /> ' ' ��+=�:�`•'��:��.i��: DATED THI S IOTH DAY OF SEPTEMBER,
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<br /> '�'` �" � � S7AT� llF NEBRASKA )
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<br /> , � . f.OUNTY OF HALL )
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<br /> �:�"•. ���'•'; ;;;�, ° ON TH1S lOTH DAY OF SEPTEMBEft. 1993, BEFORE ME, A NOTARY PUBLIC
<br /> r' �•�•��:1:;".;" IN AND FOR SAID COUNTY AND STATE. PERSONALLY APPEARED JANICE M�
<br /> ?y'' ' ' ' '' � 1HAYER TkUSTOR KNOWN TO ME TO BE THE IDENTICAL PERSON WNO SIGNED THE '
<br /> ��� �' . _ FOREGOING ACKNOWLEDGMENT AND ACKNOWLEDGED TM� EXELUTION ���EREOF TO BE R,�.
<br /> r' � MER VOI.UNTARY AGT AND DEED� �'
<br /> ',� , • WITNESS MY HAND AND �107ARIAL SEAL THE DAY AND YEAR LAST ABOVE ;�,
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<br /> �;�'' � . , . WRITTEN� �� -
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<br /> S � '/.4�'�r;''.�•:: ��'�� NOTARY F'UBL 1
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<br /> , c , � MY COMMISSION EXPIRES:
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<br /> �^�, , C�lUtvi'Y i►F HALL > ' �
<br /> �.S . �� # C1:� T�IS LO1H DAY OF SEPTEM$Er�, 1y53, EEFORE ME , A NOTARY PUbL1C '
<br /> �._
<br /> ;��±°• � ?} ' Lk AN� FOR SAID COUNTY AND STATE , PER50NaL�v APPEARED ERNEST J � �
<br /> �'' � � 7��'�,...:c`.�;' �':•.`' 7 riA b�R if7WSTOR KNOWN TO ME TO 8E THE IDE�+'�]CAL F£RSON WHO SIGNED THE
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<br /> : r� ; •��'. . ' Fi'�EGCIN� ACKNOMfI�ED6MENT AND ACK.NOWLED6ED TNE EX.ECUTION THEREOP TO $E
<br /> �.:�:'- � ' �= tii15 V4WP�TARY ACT AND DEEU� �
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<br /> � I � WITMESS MY HAND AND NOTARIAL SEAi. 3i�� DAY AND YEAR �AST ABOVE
<br /> ���� 1 WRITTEN� ,
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<br /> , ; MY COMMISSION EXPIRESt ���� �
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