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<br />~, <br />r <br />~ <br /> <br />!':' <br /> <br /> <br />, R~.RECORDEI) <br />88- 100171 <br /> <br />ACKNOWLEDGMENT OF UNDERSTANDING <br />OF <br />DEED OF TRUST WITH POWER OF SALE <br /> <br />1001\0 <br />8S- ' <br /> <br />" <br />~" <br /> <br />! n <br />~. <br /> <br />Bradley J. and Kristen L. <br />The undersigned Borrower (s), Engel. Husband and \'life, understand (s) thaUhe <br />undersigned Is/ant bemg 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 ota loan to be made by the Bank of <br /> <br />!- <br /> <br />~, <br /> <br />'" <br />i; <br /> <br />2. Well understand that the POWER OF SALE provided for in the Trust Deeet Drovldes 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---2L~~dayof November ,19 87 ,at o'clock_.M. <br /> <br />t? <br />~, <br />it <br /> <br />[ <br />I, <br />I, <br />I, <br /> <br />Trustor (Borrower) <br /> <br /> <br />. Engel <br /> <br />Trustor (Borrower) <br /> <br />ngel <br /> <br /> <br />STATEOF Nebraska <br /> <br />) <br />)ss: <br />COUNTY OF HALL ) <br />The foregoing Instrument was acknowledged before me this 21st <br /> <br />by Hr::lol AY ,T. "mn Kri sten L. Engel, Husband and <br /> <br />~~~~' <br /> <br />. Notary Public <br /> <br />day of November <br />Wife <br /> <br />19 37 <br />,-, <br /> <br />_A.HlAlH <br />~N01'MIAl <br />~ <br />tmI" IflUMIU' <br />CIIIIiIIiIn &IiM <br />JIMry 9. 1991 <br /> <br /> <br /> <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br /> <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 />(Title) <br />Corporation, on behalf of the corporation. <br /> <br />N?tary Public <br /> <br />My commission expires <br /> <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />) <br />) ss. <br />) <br /> <br />-STATEOF <br />COUNTY OF <br /> <br />The foregoing acknowledgement was acknowledged before me on <br /> <br />, 19 <br /> <br />, by <br /> <br />r- <br />I <br />I <br />I <br /> <br />, Partner(s), on behalf of <br /> <br />My commission expires <br /> <br /> <br />~. <br /> <br />a partnership. <br /> <br />l <br /> <br />Notary Public <br /> <br />Ooniphan Herald. Oonlphan. NE 08832 <br /> <br />,.~. <br />