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ACKNOWLEDGMENT 87-104359 I /We, Jan A. Steeple and Judy M. Steeple, Husband and Wife------------ - - - -(, Trustor ") under that certain Deed of Trust i the original principal amount of _ Eight Thousands Five Hundred Fifty and no/n100------------------------------------ (S 8,550 00 and dated March 11, 1 87 (QeGd of Trust) to be entered into among Trustor, Arend R. sack _ ( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ( "Beneficiary "), covering the following described property: A tract of land comprising a part of Lot Five (5), situated in the Southwest Quarter of the Southwest Quarter (SW4SW4) of Section Twelve (12), Township Ten (10), North, Range Nine (9) West of the 6th P.m., in Hall County, Nebraska, more particularly described as follows: Beginning at the southeast corner of said Southwest quarter of the Southwest Quarter (SW4SW4); thence northerly along the east line of said SW45W4, a distance of One Thousand three Hundred Nine and Fifty two Hundredths (1,309.52) feet to the northeast corner of said SW4SW4; thence westerly along the north line of said SW4SW4, a distance of Seven Hundred Three and Eighty four Hundredths (703.84) feet to the present right bank line of the Platte river; thence deflecting left 41 022'13 "and running southwesterly along said right bank, a distance of three Hundred fifty Four and Thirty Seven Hundredths (354.37) feet; thence deflecting left 85 008149" and running sosterly a distance of Five Hundred Twenty -Two and Seventy seven Hundredths (522.77) feet to the south line of the N2SW4SW4: thence easterly along said South line of the N2SW4SW4, a distance of Six Hundred forty (640.0) feet; thence southerly parallel to the east line of said SW45W4, a distance of Six Hundred fifty (cont'd below) hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust de d and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Ackr1 twledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 1 _day of march '19 87 Truster'` Jan A. Ste-pi _ J Tres JIify M. Steeple STATE OF NEBRASKA SS COUNTY OF Hall The foregoing instrument was acknowledged before me this 11 t h day of MAr,h _ 19 87,by _ Jan A. Steeple and Judy M_ Steeple. huShAnri Pori wife Witness my hand and notart I seal at grand TS 1 and, Nehra Ska in said county, the date aforesaid. My commission expires: _8I(� Notary Public four andSeventy Six Hundredths (654.76) feet to the south line ofsaid Section Twelve (12); thence easterly along the South line of Said Section Twelve (12), a distance of Twenty (20.0) feet to the place of beginning.