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ACKNOWLEDGEMENT 5— 001698 <br />KNOW ALL MEN BY THESE PRESENTS THAT: <br />The undersigned is contemplating the execution of a <br />trust deed covering the lands which are more particularly <br />described in Exhibit A to this Acknowledgement. The trust deed <br />names the undersigned as Grantor, confers the power of a sale <br />to a trustee, and will secure the indebtedness owed by the <br />undersigned to American AgCredit Corporation. <br />The undersigned further understands and acknowledges <br />that the document to be executed is a trust deed and not a <br />mortgage and that there is a power of sale provided in the <br />trust deed which power provides substantially different rights <br />and obligations to the Grantor than a mortgage in the event of <br />a default or breach of obligation. <br />The undersigned further acknowledges that it has not <br />executed said trust deed at the time of the execution of this <br />acknowledgement. <br />Dated as of march—&9n-t, 1985. <br />GARST RESEARCH FARM,Se9HPA <br />By: ��+�""� ! 1 <br />President <br />[SEAL] <br />ATTEST: <br />ecreta <br />STATE OF IOWA ) <br />SS. <br />COUNTY' OF PoLK- ) <br />p The €.oregoing instrument was acknolwedged be <br />this 28TH day of tia i, 1985 by C vi C -"R-ST _ -_- as <br />President, and SA,,u,E 4a2s7 --a-s- Secretary, of Garst <br />Research Farm Company, a t aska- coroporation, on behalf of <br />the corporation. <br />-fitness my hand and officiA-I� seal. <br />by commission expires: <br />(SEAL) <br />�J <br />p <br />