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r 85- .0015�� <br />ACKNOWLEDGMENT OF UNDERSTANDING <br />The undersigned as Trustor (Borrower) in a proposed Trust Deed With <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 />'J 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 />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 ' e _day of 24 <br />19 85 at �'�7 <br />o'clock -ILM, <br />Tru eta n (Borrower) Gerald R. Wh to <br />/c- <br />Trustor <br />STATE OF NEBRASKA) Borrower <br />Meredith D. White <br />COUNTY OF//,- f • ) <br />On this <br />notary _day of L ��^ 1985 , before me, a <br />y public in and for said County, persolally appeared Gerald R. White <br />Meredith D. White, husband and wife, --- - - - - -_ _ <br />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 <br />voluntary act and deed. <br />Wit,. '.v 1 seal the day nd <br />itIN.AA i MiAt -Sells 40 MNgt4 Y year last above written. <br />IS CARIEEM M. WHITE <br />Alr Gra E* as 27. IM ' l <br />My commission expires :1 o � �� <br />N <br />tary Pllhl.ic 1n and for said County <br />L <br />u <br />J <br />0 <br />