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88- 10472'1 ~ WE, RON D. C/U..LIHAN and OONNA C/U..LIHAN, husband and wife, ("Trustor"), Wlder that certain Deed of Trust dated the 24th day of August, 1988, ("Deed of Trust") to be entered into among Trustor, JERRY J. MIJ:mlR, (Trustee") and I T T FINANCIAL S&WICES, (Beneficiary"), covering the following described property, to-wit: Part of the west Half of the SOutheast Quarter (Wl!2SEl/4) of Section 'l\Io (2), Township Eleven (11) North, Range Ten (10) west of the 6th P.M., rore particularly described as follOW!!: Beginning at a point on the SOuth line of said Section 'l\Io (2), said point being 740.00 Feet East of SOuthwest corner of Southeast Quarter, thence Northerly perpendicular to said SOuth line of Section 'l\Io (2) a distance of 205 Feet, thence Easterly parallel to said SOuth line of Section 'l\Io (2) a distance of 230 Feet, thence Southerly perpendicular to said South line of Section 'l\Io (2) a distance of 205 Feet to the South line of said Section 'l\Io (2), thence westerly along said South line of said Section 'l\Io (2) a distance of 230 Feet to the place of beginning, Hall County, Nebraska. hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a IOOrtgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a rortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgmant was nade prior to the execution of the Deed of Trust. 24th day of August, 1988. L ~~.r2MjtL J 03 P. O. 1068 Grand Island, NE 68802 (308) 382-4520 , , } ~I cALr.nwi .'1 ,/ <~ ./ / /i Lt /Ir~/ /)