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7-- 105338 <br />ii to be entered into among Trustor, AREND R. BAACK, "Trustee," and <br />THE OVERLAND NATIONAL BANK OF GRAND ISLAND, "Beneficiary," hereby <br />acknowledges that this Acknowledgment is made prior to its <br />execution of that Deed of Trust and that Trustor knows and under- <br />stands that (a) the Deed of Trust to be executed by Trustor is a <br />Trust Deed and not a Mortgage and (b) that the power of sale <br />provided for in the Deed of Trust provides essentially different <br />rights and obligations to the Trustor than a Mortgage in the <br />event of default or breach of obligation. <br />IN WITNESS WHEREOF, the undersigned has executed this <br />Acknowledgment on this 28th day of August, 1987. <br />SKAG -WAY DISCOUNT DEPT. STORES, INC. <br />BY <br />Ilia2m C. Martin, President <br />"Borrower" <br />STATE OF NEBRASKA ) <br />(ss: <br />COUNTY OF HALL D <br />Before me, a Notary Public qualified in said County, person- <br />ally came William C. Martin, President of Skag -Way Discount Dept. <br />Stores, Inc., a corporation, known to me to be the President and <br />identical person who signed the foregoing Acknowledgment, and <br />acknowledged the execution thereof to be his voluntary act and <br />deed as such officer and the voluntary act and deed of said <br />corporation. <br />Witness my hand and Notarial Seal on this 28th day of <br />t 1987. <br />Os <br />96 Notary Public <br />-Z- <br />In <br />to <br />J <br />"x7 <br />