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<br />88-103659 <br />ACKNOWLEDGMENT OF UNDERSTANDING <br />OF <br />DEED OF TRUST WITH POWER OF SALE <br /> <br />.,~ <br /> <br />Brad W. & Laurie B. Giesenhagen, hus- 1.,'.."..',., <br />b~JJ.d & wife & Mark S. & Mary Doyle Gie- <br />The undersigned Borrower \S), sefthe.~f1 8\:lOOs.na & ,Ii fe I understand (s). that the <br />underSigned Is/are being aSked to act as . rus\or (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. We/I understand that the POWER OF SALE provided for In the Trust Deeri 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 />,Dated this 3rd day of June J 19 88 o'clock~M. <br /> <br /> <br /> <br /> <br />/ <br />,/ <br /> <br />STATE OF Colorado ) <br />)ss: <br />COUNTYO~ . Denver ) <br />The foregoing InstrUment was acknowledged before me this 3 rei <br />" ' . ' , "J,' I ,'l"~ "-,' <br />by Br.ad.M;,"~Gi:e3~ha~er'l. Laur; e B. Gi esenhaQen. Mark <br />:r"r:;-', ,,_.,-;;~- <br />p,. " r,p,,:: <br /> <br />" ,:. I) U", . () <br />"".. . <br />'/ ' <br />. , <br />, .' ~""I., ",~ .'. (~~... I..- \\ <br /> <br /> <br />June .19-.mL. <br /> <br />er~~lia9Chulman <br /> <br />t (TO BE USED IF TRUSTOR IS A CORPORATION) <br />~~E~ ) <br />, )8S. <br />COUNTY OF ) <br />The fOregol'h~ 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 />Notery Public <br /> <br />" <br /> <br />" ;.:~~~'i:,!", <br /> <br />My commission expires <br /> <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br /> <br />I ' <br />ST A Tf: OJ: <br />.' . t,n", <br /> <br />COUNTY OF <br />t~"':'~''f,/;;,;...::,. <br />':,: 11\8 foregoing acknowledgement was acknowledged before me on <br />".f....II. <br />. Partner(s), on behalf of <br /> <br />! ss. <br /> <br />.19 <br /> <br />. by <br /> <br />t <br /> <br />a partnership. <br /> <br />Notary Public <br /> <br />My commission expires <br /> <br />Oonlph.n Horlld. Oonlp"ln, NE 68832 <br />