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ACKNOWLEDGMENT 85...,; 003017 <br />I /We, DRACO INC , a corporation ( "Trustor ") <br />under that certain Deed of Trust in the original principal amount of - FIFTY THREE THOUSAND NINE HUNDRED AND <br />�QI100------------- - - - - -- -- - - - - - -- 53,900.00 <br />- -- ----- -----($— -___)anddated <br />(Deed of Trust) to be entered into among Trustor, <br />( "Trustee ") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND ( "Beneficiary "), covering the following described property: <br />LOTS ONE (1), TWO (2) AND THREE (3), BLOCK FORTY (40), AND THE WEST HALF OF VACATED <br />WHEELER AVENUE SOUTH OF 4TH STREET, ORIGINAL TOWN OF GRAND ISLAND, NEBRASKA, AND STORAGE <br />BUILDING AND FACILITY SITUATED ON THE UNION PACIFIC RAILROAD RIGHT -OF -WAY PROPERTY. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not <br />a <br />mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations <br />the Trustor than a mortgage in the event of a default or breach of obligation. <br />to <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this . 24th day of <br />June <br />__ <br />, 19 B5 <br />DRACO INC., <br />a cor�cr, tion <br />T or C a Vipond, President <br />Trust r B <br />G ' tninger, Vice Preside <br />STATE OF NEBRASKA '~--- <br />SS <br />COUNTY OF HALL <br />The foregoing instrument was acknowledged before me this _ 24th <br />day of June <br />---. y __ _ __ .___ __. _ <br />19_e___81 b DRACO 1NC. Cr�ai Vinord ''z r? �£ >^ ,,� rr `TPresident <br />Witness my hand and notarial a <br />� <br />trt � ge Z 'lice <br />seal at <br />My commission expires. � �.� u <br />_ - __ __. to said county, the date aforesaid. <br />6FMEIUt 81alls d <br />az, <br />/MOWN- <br />;_� ri <br />#3 <br />tas9 <br />