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ACKNOWLEDGMENT 88-103447 .. I/We, John A. Honore and Nina C. Honore, Husband and Wife ("Trustor") ,UndB that nainDeed f T st in the orlail1ll1.Brincipal amount of Une Hundred Forty Seven Thousand NIne-ftun8ied-:reven~y~wo and 56/1U -----------------------------rs.----------------~ddaUd June o!4, I ~tltl (Deed of Trust) to be entered into among Trustor, Arena Ii. t:!aacK ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND (" Beneficiary"). covering the following described property: Two tracts of land in the southeast quarter (SEt) of section twenty four (24) in township eleven (11) north, Range Ten (10) West of the Si~th P.M. TRACT 1: Beginning at the center of said Sec- tion 24: thence running Southerly along and upon the line through the center of said section 24 a distance of 1,165.4 feet, to a point on the northerly right-oF-way line of U. S. Highway No. 30; thence~unning northeasterly along and upon said Northerly right-oF-way line of U. S. Highway No. 30, a distance of 1,384.3 feet, to the actual place of beginning; thenc~ running northwesterly perpendicular to said northerly right -oF -way line of U. S. Highway No. 3D, a distance of 200.0 Feet; thence running Northeasterly parallel to said Northerly right-oF-way line of U. S. Highway No. 30, a distance of '128.7 Feet; thence running southerly, a distance of 234.7 feet, to a point on said northerly right-of-way line of U. S. Highway No. 30; thence running southwesterly along and upon said northerly right-oF-way line of U.S, Highway No. 3D, a distance of 5.83 feet, to the actual place of beginning, and containing 0.309 acres, more or less as surveyed. TRACT 2: Begin- ing at the center of said Section 24; thence running southerly along and upon the line through the center of said section 24. a distance of 1,165.4 feet, to a point on the northerly right-of- way line of U. S. Highway No.3D; thence running northeasterly along and upon said northerly right- of -way line of U.S. Highway No. 30, a distance of 1,684.3 feet, to the actual place of beginning; thence running northwestexly perpendicular to said northerly right-of -way line of U. S. Highway No. 3D, a distance of 195.8 feet; thence running southerly a distance of 226.8 feet, to a point on said northerly right-oF-way line of U.S. Highway No. 3D; thence running northeasterly along and upon said northerly right-of-way line of U.S. Highway No. 3D, a distance of 114.57 feet to the actual place of beginning and containing 0.257 acres more or less as surveyed. AND a tract of land in NWt5Et of Section Twenty four (24), Township eleven (11) North, Range Ten (10), west heRby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortpae and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. __tal """ ddl.."" I,", 24 day of ~e D. ~ ;; ~ Tnnl~ JOhn~. Honore C--n~C'~~ Tnulor Nina C. Honore STATE OF NEBRASKA } 55 COUNTY OF Hall 1be fCJl'ClOiDl iDstrumeut was acknowledged before me this 24 day of June 19~.by John A. Honore and Nina C. Honore. Husband and Wife WitDas fD'! ~ ~ DOtarial,lcal at Gr and I s ~anS ;~raska in said county, tbe date aforesaid, M'--==-~~~~' ;l~ - I ~. / I~ 11 I :=> n- ......- ~ ~_..-^-' ~ ~ ~ ~.._....a.J .....,"".. r - of the 6th P.M.described as beginning at a point on the North right-of -way line of the Union Pacific Railroad Company. said point beging located one Thousand Eighty four and three tenths feet (1184.3 ) northeasterly along said right of way line from its intersection with the north south line through the center of said section 24. said point of intersection being located 1165.4 feet more or less, ,outh of the center of said section 24, thence northwesterly 200 feet perpendicular to said right of lliay line, thence northeasterly 200 feet parallel to said right of way line. thence southeasterly 200 feet to i!l point on said right of way line to the point of beginning and containing 0.918 acres rrore DT les9'~ , -