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<br />ACKr.lOWLEDGMENT OF UNDERSTANDING <br />OF <br />DEED OF TRUST WITH POWER OF SALE <br /> <br />88- 106642 <br /> <br />The underelgned Borrower(e), William R. \'laters, 5 ingle , understand (a) thatlhe <br />undersIgned Islare being aSked to acl as Trualor (s) In s proposed Truat Deed with Power of Sale wherein Ihe <br />Bank of Donlphsn Is Benellclary, which Trust Deed will secure payment 01 a loan to be made by ths Bank of <br /> <br /> <br />Donlphlnto lhe undersigned In Iheamount of 1'1d",lm:o t'f~~R~~dB~~~ltn4~12~ Bo g's ana i11.LJ.' s AOa1tion <br />($ 12,000.00 . ), acknowledge (s): to the City of Grand ~sland, Hall County, <br /> <br />1, Well undersland that the documentto be exeg81'e1ffs~rusl Deed and not a mortgage, <br /> <br />2. Well understand thatlhe POWER OF SALE provided lor In Ihe Truet Deer! orovldes me with eub- <br />stantlally dllferenl rights and obllgatlone In the event 01 a delault or breach 01 obligation Ihan the <br />right a and obligations provided me In a mortgage. <br /> <br />3, Well have had an opportunity 10 read the proposed Deed 01 Truat with Power of Sale, but we are <br />algnlng thla acknowledgment Ilrat, before we are asked 10 sign the Deed 01 Truat. <br /> <br />Dated Ihls 7 th day 01 Novem'ber , 19~, at 10: 30 o'clock ~M. <br /> <br />~f~ <br /> <br />~ Trustor (Borrower) <br /> <br />Tnlstor (Borrower) <br /> <br />Trustor (Borrower) <br /> <br />Trustor (Borrower) <br /> <br />STATE OF Nebraska ) <br />)ss: <br />COUNTY OF HALL ) <br />The loregolng Instrument wes acknowledged belore me this 7 th <br /> <br />by William R. Waters <br /> <br />day 01 November <br /> <br />19~ <br /> <br />r 1ITM'f....... <br />GEOIlClEH. ~ <br />1Iy_flll.f&Z1,lI!I2 <br /> <br />x!k iI(J~ <br /> <br />'0 Notary Public <br /> <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATE OF ) <br />)ss, <br />COUNTY OF ) <br />The loregolng acknowledgement was acknowledged belore me on <br />by <br /> <br />,19_ <br /> <br />a <br /> <br />(TItle, <br />Corporation, on behalf 01 the corporation. <br /> <br />Nolary Public <br /> <br />My commission expires <br /> <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />) <br />ISs. <br /> <br />STATE OF <br />COUNTY OF <br /> <br />The loregolng acknowledgement was acknowledged belore me on <br />, Partnerjs), on behalf 01 <br /> <br />,19__, by <br /> <br />I <br />I <br /> <br />a partnership. <br /> <br />Notary Public <br /> <br />~ <br /> <br />My commission expires <br /> <br />Dun'I'''.'' Halala 00'''1'''.'' f1l eM.U <br />