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<br />~, <br />~ <br /> <br />:n <br />~.' i <br /> <br />~ . <br /> <br />~." <br />~. <br /> <br />t <br /> <br />[ <br /> <br />,. <br /> <br />~. <br /> <br />I;;. <br />l~- <br />~ <br />~j <br />~ <br /> <br />1". <br />t- <br /> <br />~ <br />r <br />i <br /> <br />i <br />( <br />~ <br />[, <br />f <br />t <br />t <br /> <br /> <br />u <br /> <br />f <br />r <br />, <br />\, <br />l- <br />i <br /> <br />ACKNOWLEDGMENT OF UNDERSTANDING <br />OF <br />DEED OF TRUST WITH POWER OF SALE <br /> <br />100110 <br />sa- <br /> <br />Bradley J. and Kristen L. <br />The undersigned Borrower (5), Enge 1. Husband and Wi fe , understand (s) that the <br />underslgnedlsJarebelng aSKed to act as Trustor (s) In a proposed Trust Deed with Power of Sale wherein the <br />Bank of Donlphan Is Beneficiary, which Trust Deed will secure payment of a loan to be made by the Bank of <br /> <br /> <br />2. Well understand that the POWER OF SALE provided for In the Trust Deert Drovides me with sub- <br />stantially different rights and obligations in the event of a default or breach of obligation than the <br />rights and obligations provided me in a mortgage. <br /> <br />3. Well have had an opportunity to read the proposed Deed of Trust with Power of Sale, but we are <br />signing this acknowledgment first, before we are asked to sign the Deed of Trust. <br /> <br />Datedthls----2Lst....-dayof November ,19 87 ,at o'clock_.M. <br /> <br /> <br />Trustor (Borrower) <br /> <br />Engel <br /> <br />Trustor (Borrower) <br /> <br />STATE OF Nebraska ) <br />) 55: <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged before me this 21 st day of November <br /> <br />by llr::lill~y .r. ~nd Kri!';ten L. Engel, Husband and Wife <br /> <br />R7 <br />,19_, <br /> <br />Notary Public <br /> <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATE OF ) <br />) ss. <br />COUNTY OF ) <br />The foregoing acknowledgement was acknowledged before me on <br />by <br /> <br />, 19 <br /> <br />a <br /> <br />(TIlle) <br />Corporation, on behalf of the corporation. <br /> <br />Notary Public <br /> <br />My commission expires <br /> <br />.'STATEOF <br />COUNTY OF <br /> <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />) <br />)ss. <br />) <br /> <br />I <br />I <br />i <br />I <br /> <br />The foregoing acknowledgement was acknowledged before me on <br />, Partner(s), on behalf of <br /> <br />,19 <br /> <br />, by <br /> <br />a partnership. <br /> <br />Notary Public <br /> <br />My commission expires <br /> <br />l. <br /> <br />Oonlphan ti6rald. Oonlphan, NE 68832 <br />