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r <br />ACKNOWLEDGMENT OF UNDERSTANDING 85— 005006 <br />DEED OF TRUST WITH POWER OF SALE <br />The undersigned Borrower (s), ! e r ^ e n J and :' ar }r ^ :.; e * 1.io 1 1 i st e r , understand (s) that the <br />undersigned Is/are being asked to act as Trustor (s) in a proposed Trust Deed with Power of Sale wherein the <br />Banc of Donfphan 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 <br />m. _ m�d,.� ._ a and ------------ <br />1, 1, acknowledge(s): <br />1. Well understand that the document to be executed is a Trust Deed and not a mortgage. <br />Please see legal attached. <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. Weill 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 28th Cray of 3, Entember _,19 -5 ,at 8.) o'clock A. M. <br />Trustor (Borrower) <br />Trustor (Borrower) <br />STATE OF <br />VIOL <br />-� <br />� Trru r(Borrower <br />_` %fisz�, s.ifC ZCtt JGG- r- LG -£-�! <br />Trustor (Borrower) <br />ss: <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged before me this ' -�h — day 05- ^t : b er , 19 65 <br />b Kenneth J. ttollis-.er 2nd •ar" "?': ^ il' - ;u s n= -1 "life <br />Y _ <br />0ICwra(n -ftmsi <br />w. CM& 1W hk 27. IM Notary Public <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATE OF ) <br />) ss. <br />COUNTY OF ) <br />The foregoing acknowledgement was acknowledged before me on <br />by <br />(Title) <br />Corporation, on behalf of the corporation. <br />a <br />Notary Public <br />My commission expires <br />(TO BE USED IF TRUSTOR IS A PARTNERSHIP) <br />STATE OF ) <br />) ss. <br />COUNTY OF The foregoing acknowledgement was acknowledged before me on ._______._________________.. 19.__._______. by <br />Partner(s), on behalf of <br />a partnership. <br />-- - -_ Notary Public. <br />My commission expires_ <br />J <br />