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(' ACKNOWLEDGMENT 85„ —000869 <br />I /We, Douglas A. Davis and Kathryn J. Davis, husband and <br />wife, ( "Trustor ") under that certain Deed of Trust in the <br />original rincipal amount of Thirty -Nine Thousand and No /lOO <br />Dollars (39,000,00), and dated February /q 1985, to be <br />entered into among Trustor, The Omaha National Bank of Grand <br />Island, Grand Island, Nebraska, ( "Trustee ") and Roy H. Scheel <br />and Donald R. Scheel, as joint tenants with right of survivor - <br />ship and not as tenants in common, (Beneficiary "), covering the <br />following described property: <br />Part of the Southwest Quarter of the Southwest Quarter <br />(SASW4) of Section Twenty -one (21), Township Eleven <br />(11) North, Range Nine (9), West of the 6th P.M., Hall <br />County, Nebraska, more particularly described as <br />follows: Commencing at a point Two hundred eighty - <br />three and three-tenths (283.3) feet west of the South- <br />east corner of the Southwest Quarter of the Southwest <br />Quarter (SW4SW4) of Section Twenty -one (21), running <br />thence north and in a line parallel with the east <br />boundary line of said Southwest Quarter of the South- <br />west Quarter (SW4SW4), a distance of Two hundred forty <br />and seven - tenths (240.7) feet, thence at right angles <br />and in a westerly direction one hundred twenty (120) <br />feet, thence at right angles and in a southerly direc- <br />tion Two hundred forty and seven- tenths (240.7) feet, <br />thence at right angles and in an easterly direction <br />One hundred twenty (120) feet to the place of begin- <br />ning, subject, however, to the highway right -of -way <br />over the southerly Thirty -three (33) feet thereof. <br />hereby acknowledge that it is understood that (a) the Deed of <br />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 <br />Trust provides substantially different rights and obligations to <br />the Trustor than a mortgage in the event of a default or breach <br />of obligation. <br />Trustor acknowledges that this Acknowledgment was made <br />prior to the execution of the Deed of Trust. <br />1985. EXECUTED and delivered this P 9 day of February, <br />STATE OF NEBRASKA, ) <br />) SS. <br />County of Hall.. ) <br />The foregoing instrument was acknowledged before re me <br />this / (lay of February, 1985, by Douglas A. Davis and <br />Kaat.hryii .. 75°iv`i.s, lauwband and wi icy. <br />WITNESS my hand and ncac a r i. ra l sc a l A Grauld Island i to <br />said county and sLate: -, th(! day.e aft)reseaid. <br />www a <br />r <br />MM taawa bN. Jra>r 1, a tMl , <br />I <br />W <br />