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<br />ACKNOWLEDGMENT <br /> <br />88- 103937 <br /> <br />l!We. Bill L. EpDert and Patricia A. EDnert ("Trustor") <br />under that certain Deed of Trust in the original principal amount of Fort v Two Thousand and no / 100 -- <br />------------------------ -------------Do 11 ar s--- ($ 42.000,00 ) and dated <br />July 15., 1988 (Deed of Trust) to be entered into among Trustor. <br />R"rl n. Ah 1 R"hwed" ("Trustee") and THE EQUITABLE BUILDING AND <br />LOAN ASSOCIATION OF GRAND ISLAND ("Beneficiary"!, covering the following described property: <br /> <br />A tract of land located in the South Half of the Southeast Quarter <br />(S%SE.I.i') of Section Twenty Four (24), Township Eleven (II) North, <br />Range Nine (9) West of the 6th P.M., Hall County, Nebraska, being <br />more particularly described as follows: Commencing at the South- <br />east corner of said Section Twenty Four (24), also being the point <br />of beginning, thence on an assumed bearing of S89 degrees 53' 48" <br />W along the South line of said Southeast Quarter (SE%), 'a distance <br />of Two Hundred Fifteen (215.00) Feet, thence N 00 Degree 00' 00" <br />E along a line that is parallel to the East line of said Southeast <br />Quarter (SE%), a distance of One Hundred Eighty Five (185.0) Feet, <br />thence N 89 degrees 53' 48" E along a line that is parallel to the <br />South line of said Southeast Quarter SE%), a distance of Two Hun- <br />dred Fifteen (215.00) Feet, thence S 00 degree, 00' 00" W along the <br />East line of said Southeast Quarter (SE%). a distance of One Hundred <br />Eighty Five (185.00) Feet to the point of beginning. <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not <br />a mortgage and (bl t:le power of sale provided for in the Deed of Trust provides substantially different rights and <br />Obligations to the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknDwledges that this Acknowledgment was made prior to the execution of the Deed of Trust, <br />Executed and delivered this 15th day of July .19~. <br /> <br />TruJlor ~v(<{~e~r- ~ <br />C2~.q~_hl- <br /> <br />Trustor <br /> <br />STATE OF NEBRASKA} <br />88 <br />COUNTY OF Ha 11 <br /> <br />The foregoing instrument was acknowledged before me this <br />19----'l.!L hy B ill L. E P per tan d Pat ri cia A. ED 0 e r t <br /> <br />Wil".. my b.., ,., ....,"'..01" Gu" ";a; -: ;. ~;.. ,f..."" <br /> <br />1.L&~.1 <br /> <br />l'ith <br /> <br />day of <br /> <br />Tilly <br /> <br />My CommluloD expire.: Cl- /- ~9' <br />