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<br /> _-_ -� 91--108854 . �-
<br /> I, �qi''D L.Sce�l.atrrcP, President of 8C1►RBOROUt� CONSTRUCTION,
<br /> iNC., l► Nebraek�, corporstion, ("Trustor"), ur►der that certain Deed
<br /> ot Trust in the oriqinal principal aa►vunt of FOATY-SiX THOUSIIND
<br /> DOLLJIRS (#46,000.00), and dated December .�i, 1991, to be entered
<br /> - � into amonq Tru�tor, and DUANE A. HuRNS, ("T�o e'rinQ the
<br /> - TA�►NSPORTATION EQUIPMENT CO. , INC., ("Hena�ic£ary"1 •
<br /> �� �olla�rinq-desaribed propertys
<br /> Lot Two 12), Fairaares Dairy Third Subdivision,
<br /> an Addition to the City of arand Island, Hal]. _
<br /> = Couaty, Nebraska,
<br /> -�■
<br /> ,,,.�,�
<br /> hereby acknowledge that it is understood that la) the Deed of Trust
<br /> - to be executed by Trustor is a Trust Deed and not a mortqage, and
<br /> =- � (b) the power of sale provided for in the Deed of Trust provides
<br /> .%�;� substantialiy different riqhts and obligations to the Trustor than
<br /> -"' a mort9aqe in the event o� a default or breach of obliqation.
<br /> .__ � �, Trustor acknawledges that this Acknowled9ment was made prior
<br /> - . to ttte sxeautlQn Qf th� L�eed o� Trus�t.
<br /> _�:,;� .
<br /> � -'�=��' EXECUTED AND DELIVERED this � day of December, 1991.
<br /> I-_�
<br /> •u.�.;; _�
<br />_�.:_,� SCARHOROUGH CONSTRUCTION, INC., a
<br /> ,� Nebraska corporation, TRUSTOR
<br />_�'�
<br />- - �
<br /> __ T.��
<br /> r
<br /> Y.._.� HY
<br /> _.,s;. President
<br />-:;�'-, `,�
<br /> ��
<br /> ��s'" STATE OF NEBRASKA )
<br /> -- r.:
<br /> =--:�s. ) SB.
<br />'�„ COUNTY OF HP,LL 1
<br /> __y The foregoing instrument was acic�owledqed before me this �iJt
<br /> _-���� day of December, 1991, by ;' =• •� •�.��rs-/r�1.. -•� - , President of
<br />'�=�.�:' Scarborough Construction, Inc., a Nebraska rporation, for the
<br /> _ , purposes therein stated.
<br /> 1 . � . .
<br /> ;�'� WITNESS my hand and Notarial Seal. at r�• �..�E� �
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