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<br />!~- 105052 <br />ACKNOKLEDGEMENT <br /> <br />James D. Riley and Sharon J. Riley, husband and wife, and <br />I/We, Daniel E. Rilev and Leanne M Rilev husband and wife <br />("BorroWer"), under that certain Deed of Trust dated Sent. 16th. , <br />1988 , ("Deed of Trust") to be entered into among Borrower, <br />Bank of \~ood River ("Trustee") <br /> <br />Bank of Wood River <br />("Lender"), covering the following described property: <br />Southwest Quarter (SWt) of Section Eight (8), Township Ten (10) North, Range <br />Twelve (12) West of the 6th P.M., Hall County, Nebraska; excepting therefrom <br />a tract of land comprising a part of the SOllthwest Quarter of Section 8, Township 10, <br />North Range 12, lVest of the 6th P.M., in Hall County, Nebraska, more particularly <br />described as follows: Beginning at a point on the South line of said <br />Southwest Quarter said point being 69].75 feet west of the Southeast corner of said <br />Southwest Quarter; thence westerly along the south line of said Southwest Quarter <br />a distance of 529.]8 feet; thence deflecting right 900 27' 40" and running <br />northerly a distance of 1.627.0 feet; thence easterly parallel. to said south line <br />of the Southwest Quarter a distance or ]50.0 feet; thence deflecting right 900 <br />27' 40" and running Southerly, a distance of 1,159.0 feet; thence easterly <br />parallel to said South line of the Southwest Quarter, a distance of 179.]4 feet; <br />thence deflecting right 900 27' 40" and running southerly, a distance of 468.0 feet <br />to the place of beginning and containing 15.000 acres, more or less; <br /> <br />hereby acknowledge that it is understood that (a) the Deed <br />of Trust to be executed by Borrower is a trust deed and not <br />a mortgage and (b) the power of sals provided for in the <br />Deed of Trust provides substantially different rights and <br />obligations to the Borrower than a mortgage in the event of <br />a default or breach of obligation. <br /> <br />Borrower acknowledges that this Acknowledgement was <br />made prior to the execution of the Deed of Trust. <br /> <br />Executed and delivered this ~ day of <br /> <br />Seotember <br /> <br />19~. <br />"'G~ ~. <br /> <br />RJ!~~~~,_ D.10-1; <br />vrrower <br /> <br /> <br />~/;; Borro~~ fl- ~ <br /> <br />./ <br />~.--no>/, / /7) <br /> <br />State of Nebraska <br /> <br />ss. <br /> <br />County of lIall <br /> <br />The foregoing instrument was acknowledged before me <br />this ~ day of September . 19~, by James Do Riley and <br /> <br />Sharon T Ri 1 ""y hn<::.hllnrl unrt wi fp ::llnrl 0="";,,,1 to' Ri 1120)' ::llnrl '''''::linn... M 11'; 11 Py husband <br />and wife, <br />Witness my hand and notarial seal at Wood River, Nebr. <br />in said County, the date aforesaid. <br /> <br />My commission expires: <br /> <br />17 lu"./; ~ /'19/ <br />r;;;".-Y7 q, 77;) R dl) n.J? . / <br />Notary Public ~ <br /> <br />J:&ulIJlMr-mlll1ll1lQQ <br />*1El~ <br />It_ &,..... 7, at <br />