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87- 107186 r- ACKNOWLEDGMENT Ronald D. Laub, and Evelyn O. Laub, husband and wiff"'l'rustor" ) . ("Deed of I/We, under that certain Deed of Trust dated be entered into among Trustor, Bank of Wood River Bank of Wood River Trust") to (" Trustee") and covering the fo1~owing described property: LEGAL DESCRIPTION: Plat of a tract of land comprising a part of the Southeast Quarter of the Southwest Quarter (SE!SW!), of Section Twenty-Seven (27), Township Eleven (IL) North, Range Nine (9) West of the 6th P.M., in Hall County, NEbraska, more particularly described as follows: Beginning at a point on the East line of said Southwest Quarter (SW!), said point being Forty Five (45.0) feet north of the southeast corner of said southwest quarter (SW!); thence north along the east line of said southwest quarter (SW!); a distance of One THousand Two Hundred Seventy Six and Five Tenths (1,276.5) feet, to the northeast corner of the south- east quarter of tbe southwest quarter (SE!SW!); thence westerly along the north line of said southeast quarter of the southwest quarter (SE!SW!), a distance of Seven Hundred ~Nenty Five and Sixth Three Hundredths (725.63) feet; thence deflecting left 90017'35" and running southerly, a distance of Three Hundred Twenty Seven and Sixty Five'Hundredths (327.65) feet; thence deflecting right 59034' and running southwesterly a distance of Six Hundred Fifty Four and Three Tenths (654.3) feet, to the Southwest corner of the NW!SE!SW!; thence easterly parallel to the south line of said Section Twenty seven (27), a distance of Six Hundred Forty Seven (647.0) feet; thence deflecting right 89053' and running southerly, a distance of two hundred eighty one and seventy five hundredths (281.75) feet, to a point Three Hundred Seventy Five (375.0) feet north of said south line of section Twenty Seven (27); thence easterly parallel to said south line of section twenty seven (27), a distance of Nineteen and Ninety Two Hundredths (19.92) feet; thence deflecting right 88029' and running southerly, a distance of Three Hundred Thirty (330.0) feet to the North R.O.W. line of Highway; thence easterly parallel to said south line of section Twenty Seven (27), a distance of Six Hundred Thirty Seven and Nineteen Hundredths (637.19) feet to the place of beginning and containing 22.378 acres, more or less, except tract in the southeast corner, more particularly described in survey recorded in miscellaneous Book 15, at Page 669. ("Beneficiary") , hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage a~d (b) ~he power of sale provided for in the Deed of Trust provides subs~antl.ally dl.fferent rights and obligations to the Trustor than a mortgage 1n the event of a default or breach of obligation. that thl.'s Acknowledgment was made prior to the Trustor acknowledges execution of the Deed of Trust. Executed and delivered this ~~ay of 1,1t-7~ ,19it. ~ ~) V x. ~ k/"?<1<-.~ Rona d D. Laub x {;,(fl'(T'l () :J)~t'_<-~0 Evelyn O. Laub STATE OF NEBRSKA ) (ss. COUNTY OF HALL ) The foregoing instrument was acknowledged before me this 17th day November 19E, by Ronald D. Laub and Evelyn O. Laub. husband and of wife L witness my hand and notarial seal at County, the date aforesaid. Wood River in said October 21. 1989 My commission expires: ... ..,....."..... TIll,,' Ie. "AlMIlAN ., llI-.lJJ ,... 21. 1. - ~d4gf' j:M~a/ Notary blie r-......----- ( ..:..