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ACKNOWLEDGMENT OF UNDERSTANDING <br />OF p <br />DEED OF TRUST WITH POWER OF SALE 05•..r 005455 <br />The undersigned Borrower (a), :lip- ,, t, • + ate "'r," lam, T-" _ , understand (s) that the <br />undersigned isiare being asked 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 Seve < t y _i ve. - <br />-- - -- - -- <br />(S 75, 0-7). ?. '1)---------- - - - - -) acknowledge (s): <br />1. Well understand that the document to be executed is a Trust Deed and not a mortgage. <br />"'"See Lei-a.1 Descrlpt o ; Attached Pei ;x-11— <br />2. Well understand that the POWER OF SALE provided for in the Trust Dead orovidea 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 />Datedthis T2rh -dayof �)CtO,1>7; ' <br />r- <br />T or orr en Sec. etary- <br />�..L t 001fr PSli�Bll - <br />-- <br />Trustor(Borr ) <br />STATE OF <br />19____ ` , at o'clock .M. <br />> ss: <br />COUNTY OF HALL <br />The foregoing instrument was acknowledged before me this <br />by- - - - -- <br />Trust Treasurer <br />— <br />Trust of rrdwer) <br />Trustor (Borrower) <br />day of — , 19___, <br />Notary Public <br />(TO BE USED IF TRUSTOR IS A CORPORATION) <br />STATE OF__ Nebraska ) <br />COUNTY OF- Hal 1 ) ss. <br />_ <br />_------- - -..._ ) <br />The foregoing acknowledgement was acknowledged before me on .__ October <br />--- 12,-------- - - - -_, <br />by­L"-r Legg, ..- Pres-ident; -_ -Karen _ Gregg,._ Sec retary_;._ and_ Mar <br />tin.- Sres34r-- IrEasurer_�_--- _.__- - - - -_, <br />I Title) <br />�- •-- .- .----- . - -_._ - _._.- _...._..._.... __ Corporation, on behalf of the corporation. <br />MMt NtifMr -hip w M�orY� ` � — i <br />CerAiit, ELF HY 2L 198i ! .Purr:: - - <br />Notary Public <br />My Comm Isalon expires _ -T... _.2=27 <88____..- _-- ..__.._..._- <br />A track of land comprising all of the Northwest Quarter of the Southwest <br />Quarter (NWASW;O except the Westerly Fifty (50.o) f -eet thereof, all in <br />Section Thirty Four (34), Township Ten (lo) North, Range Nine (9) West <br />L of the 6th P.M., in Hall County, Nebraska, said tract contiininu 38.767 <br />acres rtiore or, legs. <br />ii <br />My Commission oxplres <br />.-i <br />