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L <br />ACKNOWLEDOMW OF UNDERSTANDING <br />OF <br />DEED OF TRUST W" POWER OF SALE 85,_, 003429 <br />ThOundersignedBorrower(s), Vernon D. & Patricia , 3redthauer <br />BW* of i 'WON erg �W to act as Trustor (s) in a proposed Trust Deed with Power of Sal* (� n the <br />Phan is Berteficiary, which Trust Deed wadi secure payment of a loan to be made whom the <br />by the Bank of <br />DOnlPhan to the undersigned in the amount of On <br />a Hundred �iit Thousand & no/100ths <br />150 , 000 , 00 <br />t,acknowledge(s): Legal Descriptions are <br />I. WWI understand that the document to be executed is a Trust Deed and not a mortgage. <br />age. d. <br />2. Ws/1 u understand that the POWER OF SALE provided for in the Trust Deers Provides me with sub - <br />stantlaify different rights and obligations in the event of a default or breach of obligation than the <br />rights and obligations provided me in a mortgage. <br />3. Well have had an opportunity to read the proposed Deed of Trust with Power of Sale, but we <br />signing this acknowledgment first, before we are asked to sign the Deed of Trust. are <br />li; <br />DatAcittiris la-r ayof July <br />at-- -- o'clock M. <br />TFustor(Borrowsryr�� <br />Vernon D. Bredt hauer Trustor( wep <br />, <br />Trust <br />(Borrower) riCl� '•redtT3uer <br />Trustor (Borrower) <br />STATEOF _Vebrasi;a <br />COUNTY OF HALL ) ss: <br />The foregoing instrument was acknowledged before me this <br />by <br />Vernon <br />day of <br />�. z Patricia i. 3redthauer, husband <br />and -L;Ti i e . <br />G£NFRIIf 4C7ARY —Strie ct Ne6gsYa —� "!� <br />i GEORGE b'v'. HOY✓ARD ✓ Notarypubfic <br />b'Y Ccr;m. Exp. Apr;! cl, 133 <br />STATE OF <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />) <br />COUNTY OF <br />The foregoing acknowledgement was acknowledged before me on <br />by 19 <br />a {Title) <br />Corporation, on behalf of the corporation. <br />Notary Public <br />My commission expires <br />STATE OF <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />) <br />COUNTY OF ss. <br />The foregoing acknowledgement was acknowledged before me on <br />19 by <br />a partnership. Partner(s), on behalf of <br />Notary Public <br />My commission expires_ <br />Da�.�„u ^. Mere�o Do . s- NG WfG]Z <br />I <br />