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<br />ACKNOWLEDGMENT OF UNDERSTANDING <br />OF <br />DEED OF TRUST WiTH POWER OF SALE <br /> <br />88- 101116 <br /> <br />I The undersigned Borrower (s), Daryl V. &"d :::lea:-:cra :.: 2ei lke ,understand (s) that the <br />underslgnedis/are being aSKed to act as Trustor (s) in a proposed Trust Deed with Power of Sals wherein the <br />Bank of Donlphan Is Beneficiary, which Trust Deed wiil secure payment of a loan to be made by the Bank of <br /> <br />Donlphan to the undersigned in the amount of "'i+t. 'f'~r;:: "P.,.ri 0rn '-:a /10')--------.--------- <br />c} 'it' 0 '-' . ~ he LEGe 1- De,::.crlp~.lO~ l S Let- .}, 15-LOck <br />($ ".J_,')..:') . ),acknowledge(s)~:ac:clL1 fry p,ddit.icn t.:- Dor.iphan, Hall <br /> <br />1. Well understand that the document to be executed Is a Trust Deed and not a mortgage. ~: e b ra s ka . <br /> <br />2. Well understand that the POWER OF SALE provided for In the Trust Deert orovldes 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 ~ ,,~ dayof ~,,- ,19~~ ,a~ ~-. (JCJ o'clock~.M. <br /> <br />ci.f) , (J ~ zt <br />,f' hQI"" <br />b Truslor(Borrower) ., <br /> <br />)J/uUJ-{fl../ l;;7., .Ii J 17/ ~ <br /> <br />~ Trustor (Borrower) <br /> <br />Truslor (Borrower) <br /> <br />Trustor (Borrower) <br /> <br />STATEOF "Pt- rp. ..'..1-;, ) <br />) ss: <br />COUNTY OF HALL ) <br />The foregoing Instrument was acknowledged befon! me this ~ ~ ~ <br /> <br />by nRY"yl /. ~:rd n1r:c~~orAJ---. :;s.:~::~ <br /> <br />day of ~~ <br /> <br />,19~, <br /> <br /> <br /> <br />~ "'~-.;.~ <br /> <br />....A.HfAlH <br />IINIUl NOTARIAL <br />..AL <br />STAll Of NEBRASKA <br />CIMisslon ulJIm <br />JanulIJ 9. 1991 <br /> <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATE OF ) <br />)5S. <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 />Notary Public <br /> <br />My commission expires <br /> <br />STATE OF <br />COUNTY OF <br /> <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />) <br />) ss. <br />) <br /> <br />The foregoing acknowledgement was acknowledged before me on <br /> <br />. 19 <br /> <br />, by <br /> <br />. Partner(s), on behalf of <br /> <br />a partnership. <br /> <br />L <br /> <br />Notary Public <br /> <br />My commission explres___________________.., ,_ <br /> <br />Doniptl.Hl ....flll~l O~Ull[lt,.n N( 6M3} <br /> <br />,.., <br />'- , <br />CO. ) <br /> <br />1 <br />1, <br />, <br />1 <br />J <br />" <br />j <br />,'~ <br />:1 <br /> <br />~~ <br />~1 <br />-.11 <br />i <br /> <br /> <br />!-j <br /> <br />,..---- <br /> <br />r <br />..,. <br />