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ACKNOWLEDGMENT OF UNDERSTANDING �' Q 1 � <br />fl: � <br />DEED OF TRUST WITH POWER OF SALE <br />85-. 00 3429 <br />�r <br />The undersigned Borrower (s), Vernon D. & Patricia A. 3redthauer, understand (s) that the <br />undersigned Islare being sexed to act as Trustor (s) in a proposed Trust Deed with Power of Sale wherein the <br />Bank of Doniphan Is Beneficiary, which Trust Deed will secure payment of a loan to be made by the Bank of <br />Doniphan to the undersigned in the amount of Qne undre6 Fifty Thousand & no /100ths <br />(S 150,000.00 acknowledge(s): Legal Descriptions are attached. <br />1. Weil understand that the document to be executed is a Trust Deed and not a mortgage. <br />2. Well understand that the POWER OF SALE provided for In the Trust Deed Drovides me with sub- <br />stantially 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 are <br />signing this acknowledgment first, before we are asked to sign the Deed of Trust. <br />Dtted tMs � =_ - day of ? + 19�? at o'clock M. <br />TruStOr(BOr <br />" Ttusto: Borrower) (Borrower) <br />Vernon 3rec:thauer _ C <br />Trustor (Borrower) 7ruator (Borrower) <br />STATE OF enrr_ <br />ss: <br />COUNTY OF HALL __ } <br />The foregoing instrument was acknowledged before me this day of - i .,? , 19__, <br />by - . <br />sFf'r:10. ^. J ;7 Y?A1;?" • Ci .: <br />SE4ras + r <,,, a •,,:,i — __.:___.—_ Notary Public=-- - <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATEOF ___ ___�_____------- ----- .--- ___ - -- } <br />) ss. <br />COUNTY OF------------ ----- - - -_ -. } <br />The foregoing acknowledgement was ac know iedged before me on _. 19 <br />Jute? <br />a - - -_ _. _.- Corporation, on behalf of the corporation. <br />Notary Public <br />My commission expires <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />STATE OF.----_-_ __._.- __...__. _ ) <br />COUNTY OF ss. _ _ ........ . ......._._.._ _ _.. _...._,....., ) <br />T" foregoing acknowledgement was acknowledged before me on _ _ _. __. 19_ by <br />_..., _ ... -_. _ _ _._ . Pariner(s), on behalf of <br />a partnership. <br />Notary Public <br />My commission expires <br />