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88- 100019 (Grand Island) r "".JIS FORM MUST BE SIGNE'" '''U0R TO SIGNING 'l'HE DEED OF TRUST .---'-- ACKNOWLEDGEMENT Pursuant to ~76-1005(2) R.R.S., 1943, as Amended. The undersign~d proposed Mortgagor under that certain RevGlving Loan Deed of Trust, Assignment of Rents and securitA Agreement (the "Deed of Trust") dated, or to be dated, the 30 day of December, 1987, in which: 1. The Trustee under the Deed of Trust is: Leroy Scott Owens; 2. The Beneficiary under the Deed of Trust is: Washington Square Capital, Inc.; 3. Deed of Trust The principal amount of the Note secured by the is: $7,000,000.00; 4. The real estate described in the Deed of Trust is the following property located in Hall County, Nebraska: See Exhibit A attached hereto and incorporated herein by reference. The undersigned hereby acknowledges and understands that: (a) The document to be executed is a trust deed and not a mortgage; (b) The power of sale provided for in the trust deed provides substantially different rights and obligations to the undersigned than a mortgage in the event of default or breach of obligation; and (c) This form was signed prior to the signing of the Deed of Trust. By: Its: ELLIOT SUPPLY, INC. ~i~dvd'[.J cL- [Corporate Seal] Attest: .J ss. COUNTY The foregoing~trument was acknowledged before me, a UQVid., ~t~rY/1P bl.iC, this34 z.....- drY of L.}L--i>L'f1!!if;-<-' . .,' 19f?, by K}'!C/e'1/;--=~'-----" and////?It'-<: (?.2'L'-<'J!-'<'" . th~l" ':--...".7i:.7J/ and " . ~ ~Z:::.______ 0 fEll i 0 t Sup ply, In c ., /a Neb r ask a corporation, on behalf of the corporation. ////-/-:^ ( / / / / - / ./....----... /.//{ .. .~;t~;;~~blic' /- ./<;< ~> ~- r~ . L j .1 .....'Vl.t\..vv""""v~. 'il CHftlSnNE J.lOEffiEfI I \ NOTAIlV PU8L1C . MlHl6UTA ; .. HENNEPIN COUNty . Mv ComllllSSlOn EXPIlQS Jan 30, 1991 '.'...."./V'''^"~/VVV't/V\''I\tY.,lVVVV~'^^/v'' ~ , . t ~ (,