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ACKNOWLEDGMENT OF UNDERSTANDING 86-- 104445 OF DEED OF TRUST WIT" POWER OF SALE The undersigned Borrower (5), Frii�ip ^ 3.vsi s a 3 3ta zine 1. Lowru understand (s) that "J" undersrgnad istare being asked to act as Trustor (s) in a proposed Trust Dead with Power of Sale whemih the Barrie of Doniphan is 13eneficlary, which Trust Deed will secure payment of a loan to be made by the Bank'of Doolphan to the undersigned in the amount of_---Xi Thnur n -An,t 1kn(ifrti ,�ti Qflii 4li acknowledgels)= (See legal description attached) 1. Wen understand that the document to be executed is a Trust Deed and not a mortgage. 2. Wef4 understand that.the POWER OF SALE vrovideid for in the Trost DeW Pro tee with SU& stantially different rights and obligations in the,event of a default or breach of obligation i 8- t . rights and obligations provided me in a 3. Wen have had an opportunity to read tlie, proposed Deed of Trost with Purer cats but VM we signing this acknowledgment first, fietore we ate- asked to sign the [lead of Trust, ' Dated this _ ?.. day of _.. A._ugu€ 19 „w.,. _ ..�- of STATE GOUNTY OF HALT The foregoing instrument was acknowie g betcre?,* Ms n _ t1 _ --_ -_ day Qi is_, by 1 »ivi es i5K ra 27. Am L t c � � m yi Uler ' Ten (10) 1 of the rte P.N. , ll County, ileri�ioae kw. �'' therefrc tsaar t � to the fie at �� hy �j- ill � in = T'T, pa Wart }F Deed °' --d la< l -;.7. Page 6556, and Warranty Devd recorded in Document X82- gil35di3; excepting refr a� rzocr of l� canprising a jMrt of €:%> the."t qu az €ee iSEJ) of Section Twi (.?). Trip Nice �9i)' North, �e Ten, (�Q) l�eec of € eth i�. ff., RaPi County. tl�taslca. a€tre part ctelarlg destrlbteid as follows: First. to asrxrtaia rise point of beginning. star€ at the Southeast 'Corner of said SKJ; thetwe runniag westerly aiozig and open the St th lioa of said. SEj a distance at Two Ph fires Seventy Eight (279_0) f+e+et to the actual prim at' be i a= rleesta continuing we, terl al and upon t South lime of sari SE }, a file €auzcg of S eii Ei t f5ti0.il) Stet; t xce�Ylect%sxg rig3et 900M' aims ncrrtaserig a distance €ri Six lhuaarea Fart {U�.3_t)) fart; thence deflecting right ruin= aaseeslfr, Parallel ,pica the Sam 1, a of amid Sat a 4fataaca of Six fired Eight { fart; . ti a eitfl+ect'iag s w III 144i'+`1'tl4S!Si : jr ? r'iit5. ..