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...�� 107053 <br />ACKNOWLEDGMENT <br />The undersigned, GREGORY S. BAIRD and RAY L. BAIRD, husband <br />w <br />and wife, identified as " Trustors" under a certain Deed of Trust <br />dated December 8th:.:., 1986, to be entered into among Trustors, <br />BRUCE I. SMITH, Attorney at Law, "Trustee ", and 13EVERLY J. <br />QUANDT, "Beneficiary," hereby acknowledge that this <br />Acknowledgment is made prior to their execution of that Deed of <br />Trust and that they know and understand (a) that the Deed of <br />Trust to be executed by Trustors is a Trustee Deed and not a <br />Mortgage and (2) that the power of sale provided for in the Deed <br />of Trust provides essentially different rights and obligations to <br />the Trustors than a Mortgage in the event of a default or breach <br />of obligation. <br />IN WITNESS WHEREOF, the undersigned have executed this <br />Acknowledgment on this 8th day of December, 1986. <br />GregoryfS Baird <br />ail CQ, <br />Kay L. Baird <br />STATE OF NEBRASKA ) <br />(ss: <br />COUNTY OF HALL ) <br />Before me, a Notary Public qualified in said County, personally <br />came Gregory S. Baird and Ray L. Baird, husband and wife, known <br />to me to be the identical persons whose names are affixed to the <br />foregoing Acknowledgment, and they acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and Notarial Seal on December 8th 1986. <br />r� w� Notary Public <br />Recorder's Memo: EJSWk 24 -12 -9 <br />West of the 6th P.M., Hall Co. <br />