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ACKNOWLEDGMENT 85-- 005869 I /We, DALE R. EDDY AND CHARLOTTE Y. EDDY, husband and wife ("Trustor") under that certain Deed of Trust in the original principal amount of FORTY -SEVEN THOUSAND FIVE HUNDRED AND NO/ 100 ------------------------------------------------ ---------- - - - - -(S 47,500.00 ) and dated November 2 T, 1985 (Deed of Trust) to be entered into among Trustor, AREND' R. BAACK , ATTORNEY AT LAW ("Trustee") and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ( "Beneficiary"), covering the following described property: A PARCEL OF LAND LOCATED IN THE NWT OF THE NE; OF SECTION 21, TOWNSHIP 11, NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NW CORNER OF THE SAID NANE: OF SECTION 21, THENCE EAST ALONG THE • NORTH LINE OF SAID WOE;, 121.0 FEET TO THE POINT OF BEGINNING THENCE CONTINUING EAST ALONG THE NORTH LINE OF SAID NW�E;, 1130.00 FEET; THENCE DUE SOUTNI 510.00 FEET; THENCE DUE WEST 563692 FEET; THENCE S03 58' 00" E 41.08 FEET; THENCE S89 53'15" W 582.74 FEET; THENCE N 01 26'00" E 552.30 FEET TO THE POINT OF BEGINNING. hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 27th day of November -'1985 S'L'ATE OF NEBRASKA couNTV of HALL SS The foregoing nstrument was acknowb 19 85 by -DALE R. EDDY AND CI Witness my hand and notarial`seal at _ My commission expires: � j s& o. Trussor DALE R. ryEDDY Tru,sor CHARLOTTE Y. EDDY !methis 27th day of November Y. EDDY. husband and wife in said county, the date aforesaid. Notary Public X