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ACKNOWLEDGMENT 86 .100405 <br />I /We, Tames R. Ford and Louise M. Ford, Husband and Wife ( "Trustor "), <br />under that certain Deed of Trust dated December 27, 1985 , ( "Deed of <br />Trust ") to be entered into among Trustor, Ticor Title Insurance Company <br />( "Trustee ") and _ Sluxerior Mortgooe, Inc. ("Beneficiary") <br />,covering the following described property: <br />LEGAL DESCRIPTION: <br />A tract of land located in the Northeast Quarter (NE4) of Section 25, Township 12 North, <br />Range 12 West of the 6th P.M., Hall County, Nebraska, being more particularly described <br />as follows: With reference to the Northeast corner of said NE4, thence running on an assumed <br />bearing of S 89049' 32" W on the North line of said NE4 for a distance of 70.00 feet to <br />a point on the Westerly right -of -way line of Nebraska State Highway # 11, said point being <br />the actual POINT OF BEGINNING; thence S 000 00' 00" E on said Highway right -of -way line <br />parallel with the East line of said NE4, a distance of 327.60 feet thence S 89049'32" W <br />for 1194.43 feet; thence N 000 00' 00" W for 327.60 feet to a point on the North line of <br />said NE4; thence N 890 49' 32" E on the North line of said NE4 for 1194.43 feet to the <br />POINT OF BEGINNING, said tract containing 8.98 acres more or less, the Northerly 33.00 <br />feet thereof being Hall County road right -of -way. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be <br />executed by Trustor is a trust deed and not a mortgage and (b) the power <br />of sale provided for in the Deed of Trust provides substantially different <br />rights and obligations to the Trustor than a mortgage in the event of a <br />default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the <br />execution of the Deed of Trust. <br />Executed and delivered this 27th <br />State of Nebraska ) <br />) ss. <br />County of Hall ) <br />day of December <br />Trusts6r James R. Ford <br />Trustor Louise M. Ford <br />19 85 <br />The foregoing instrument was acknowledged before me this 27th day <br />December 19 85 by James R. Ford and Louise M. Ford <br />Husband and Wife <br />Witness my hand and notarial seal at Grand Island in said <br />County, the date aforesaid. <br />My commission expires: <br />Xft,%Lwom �FA:_ Notary Public <br />h <br />