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F <br />in <br />ACKNOWLEDGMENT OF UNDERSTANDING 85- 004339 <br />OF <br />DEED OF TRUST WITH POWER OF SALE <br />The undersigned Borrower (a), qprenn KrAmor T.,rnhhP,a si ncnewtierstand (s) that the <br />undersigned Islare being Mad 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 loth* undersigned In the amount of Thirteen Thousand an No�/11?0 Dollars <br />(i 13.0020 ),acknowledge(s):The legal description is attached <br />I. Well 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 Deer' provides 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 />Dated this 5th of Se pte t r;,- 19_2 � _, at ' :1) o'clock r M. <br />Truster (Borrower) T� <br />Trustor (Borrower) <br />Truftor(� rroweq <br />`fie. <br />Trustor (Borrower) <br />STATEOF Nebras�.a ) <br />ss: <br />COUNTY OF HALL __ ) <br />The foregoing instrument was acknowledged before me this _ -' ` day of _= <` I'•) _, tg .i 7 <br />by <br />JON DWAM& <br />GEN Notary Public <br />STAT' <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />r t a r <br />my ,rxrrnireawrr expires <br />_._j <br />