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<br />88- 100023 <br /> <br />(Grand Island <br />Oklahoma and Eddy) <br /> <br />r <br /> <br />THIS FORM MUST BE SIGNED PRIOR TO SIGNING THE DEED OF TRUST <br /> <br /> <br />ACKNOWLEDGEMENT <br /> <br />Pursuant to ~76-l005(2) R.R.S., 1943, as Amended. <br /> <br />The undersigned proposed Mortgagor under that certain <br />Revolving Loan Leasehold Deed of Trust, Assignment of Rents and <br />Security Agreement (the "Deed of Trust") dated, or to be dated, <br />the ~ day of December, 1987, in which: <br /> <br />1. The Trustee under the Deed of Trust is: <br /> <br />Leroy Scott Owens; <br /> <br />2. The Beneficiary under the Deed of Trust is: <br /> <br />Washington Square Capital, Inc.; <br /> <br />3. <br />Df?ed of Trust <br /> <br />The principal amount of the Note secured by the <br />is: $7,000,000.00; <br /> <br />4. The real estate described in the Deed of Trust is <br />the following property located in Hall County, Nebraska: <br /> <br />See Exhibit A attached hereto and <br />incorporated herein by reference. <br /> <br />The undersigned hereby acknowledges and understands that: <br /> <br />(a) The document to be executed is a trust deed and <br />not a mortgage; <br /> <br />(b) The power of sale provided for in the trust deed <br />provides substantially different rights and obligations to <br />the undersigned than a mortgagf? in the event of default or <br />breach of obligation; and <br /> <br />(c) This form was signed prior to the signing of the <br />Deed of Trust. <br /> <br />Attest: <br /> <br />ELLIOT SUPPLY, INC. <br /> <br />By: <br />Its; <br /> <br />:r~ t (L- <br />~afI2-gt~ <br />~~ <br /> <br />By: <br />Its: <br /> <br />/'f/l;:~f;M r. (b-- <br /> <br />[Corporate Seal] <br /> <br />STATE OF/2~ <br />COUNTY OF ;Juc. A}r~~ <br /> <br />ss. <br /> <br />L <br /> <br />The foregoing instrument w~~ acknowledged before me, a <br />~ta~'iC' this #~(l of ~^=-_ . 1922 by <br />~ '~ and)/. ~L ~the ~~;;z:;:-<-- . and <br />_ ___ ______~ 0 fEll i 0 t Sup ply, I n c . . a Neb r ask a <br />corporation, on behalf of the corporation. <br /> <br />r- <br />I <br />i <br /> <br />/fJ/' . L/ ,,' <br />l~ ~~C{(~(! //i1 <-- <br />Notary Public 7 ? <br />:'~\V'N''v;'''/\/'IIWNVvvvvv,.. \\ ,. " VvV" r <br />. ;;~ CHRISTINE J wwm' ",~ <br />\1ft' N01ARY PUBLIC MINNESOTA ~ <br />it ... 'ifNNEPIN COUNTY :: <br />~IV CommissIon Explrel Jar! )0 : 991 ~ <br />. '. ~ '. '.. .., '\.'\1\. ...."'....M,,"^;,^^^'V\,..\i"v\.. : <br /> <br />/<<' <br />h., <br />