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88-100021 (Grand Island Bremer's) r THIS FORM MUST BE SIGN::!) PRIOR TO SIGNING THE DEED OF TRUST ACKNOWLEDGEMENT Pursuant to ~76-1005(2) R.R.S., 1943, as Amended. The undersigned proposed Mortgagor under that certain Revolving Loan Leasehold Deed of Trust, Assignment of Rents and Security Agreement (the "Deed of Trust"). dated, or to be dated, the ~ 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. The principal amount of the Note secured by the Deed of Trust 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. Attest: ELLIOT SUPPLY, INC. By: Its: /f(ltt~l [ (JL~ Sn 0 fa r-y ~~ ~w//-c61 . ~ /' /J7LuL r CL Pres; ~~n r [Corporate Seal] By: Its: STATE OF ;JZ<-4'~1/L'[~ / O~~( i~ /1:/ (' ,,~~ ss. COUNTY L F1 ' / kLlt'/e) ;(lf0121 " The foregoing instrument was acknowledged before me, a Nt I" h" ~Z-r-. /1' -.,/) a~'{.__ __,:c1 t ~s .. ~ <}p.y- of l,L"l"t'JLLi::LL _, 19..~~, by _. _ Land,.0 .-...,( (l/<Ld//'L- . the~~~/,- ~ /- //--;':/', and ~-,U-t....!.L~h!' ./:::..______ _ 0 f E 11 i 0 t Sup ply, I n c ., / a Neb r ask a corporation, on behalf of the corporation. /- //( ~/': ,:..--/ 'Notary /;' /~.( Public L.( A / , /i l. ~' . ' . \ .". \ v".,.\I'\IV'\. .... CHRiSTINE J LOEffUfI i ~ NOTARY PIJBlIC MIHHESOTA , ' tiHlt<<PlN C()UNn' ~ My Com_ blllM JenlO lOOt ''''NNVV'M^^^'~'' "i~. r--- ." ~.. .-J