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as-- ioi► <br />OF UNDERSTANDING <br />The undersigned as Trustor (Borrower) in a proposed Trust Deed With <br />a <br />Power of Sale wherein Metropolitan Life Insurance Company is Beneficiary, <br />Which Trust Deed will secure payment of a loan to be made by Metropolitan <br />Life Insurance Company to the undersigned in the amount of $ 100,000.00 <br />acknowledges: <br />1. I understand that the document to be executed is a Trust Deed <br />and not a mortgage. <br />2. i understand that the power of sale provided for in the Trust . <br />j\ Deed provides me With substantially different rights and obli- <br />gations in the event of a default or breach of obligation than _ <br />the rights and obligations provided me in a mortgage. <br />3. I further acknowledge that I have read the foregoing and have <br />signed this document prior to the execution of any trust deed <br />which confers the power of sale to the Trustee for the benefit <br />of Metropolitan Life Insurance Company. <br />Dated this �/ �� day of Ili -rL.ft , <br />19 *Xf4, at cc� o'clock Z_M. <br />Trustor (Borrower) Jerome 1k. Niedfelt <br />Trustor (Borrower) Doralene F. Niedfelt <br />STATE OF NEBRASKA) <br />COUNTY OF ^"' ) <br />On this �{ day of 19 , before me, a <br />notary public in and for said County, per ovally appeared Jerome W. Niedfelt <br />and Doralene F. Niedfelt, husband and wife,-----------------r------------- <br />to me personally known to be the identical persons described in and who <br />executed the foregoing instrument, as Trustor s , and acknowledged the exe- <br />cution thereof to be their voluntary act and deed. <br />Witness m hand and official seal the day and year last above written. <br />k <br />amao 0 B /� <br />ARLON V10 / , /' f2cu ✓l <br />ires J- ��.i -,� 9., Nota I' Public in and for said County <br />R <br />J <br />