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ACKNOWLEDGMENT olu 101254 <br />[/We. KENNETH A. DANKERT AND LAURIE S. DANKERT, HUSBAND AND WIFE ("Trustor ") <br />under that certain Deed of Trust in the original principal amount of TWENTY FOUR THOUSAND DOLLARS AND <br />Nf)/I00 ----------------------------- ------------ -- -- -- - - - - -- ($ 24- 000.00 ) and dated <br />March 14- 1 986 (Deed of Trust) to be entered into among Trustor, <br />ARFMI) $, BAACK, Attorney at Law ( "Trusted -) and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary"), covering the following described property: <br />A tract of land located in the Southeast Corner of the South Half of Section Eleven (11), <br />Township Twelve (12), North, Range Ten (10), West of the 6th P.M., in Hall County, Nebraska, <br />more particularly described as follows: Commencing at the Southeast Corner of said Section <br />Eleven (11), running thence North, along and upon the east side of said Section Eleven (11) <br />a distance of Two Hundred Eight and Seventy -five hundredths (208.75) feet, running thence <br />west and parallel with the south side of said section eleven (11), a distance of two hundred <br />eight and seventy -five hundredths (208.75) feet, running thence south and parallel with the <br />East side of said Section Eleven (11), a distance of Two Hundred eight and seventy -five <br />hundredths (208.75) feet, running thence east, along and upon the south side of said <br />section eleven (11), a distance of two hundred eight and seventy -five hundredths (208.75) <br />feet to the point of beginning. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 14th day of Ma rr h , 19 8fL. <br />Trustor KENNETH A. DANKERT <br />Trustor LAURIE S. DANKERT <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF Hal l <br />The foregoing instrument was acknowledged before me <br />19 86 by KENNETH A. DANKERT AND LAURIE S. <br />Witness my hand and notarial seal at Gran <br />My commission expires: 3 +tie 2 a- . 1 9. V <br />a• <br />Notary Public <br />of March , <br />in said county, the date aforesaid. <br />4 <br />.. I <br />