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Vff � IF033ILN 66679-1 - ACKNOWLEDGEMENT $5--- 00598.3 I /We. John id. Bixenmann, Jr. and Lucy Bixenmann husband and wife ("Trustor"), under triat certain Deed of Trust dated December 4, 1985 ( "Deed of Trust ") to be entered into among Trustor, Joseph R. Badami ( "Trustee ") and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN ("Beneficiary "), covering the following described property: LEGAL DESCRIPTION: A tract of land comprising a part of the Northeast Quarter of the Southeast Quarter (NE;4SE' -4) of Section One (1), Township Twelve (12) North, Range Twelve (12) West of the 6th F.M., in Hall County, Nebraska, more particularly described as follows: Beginning at the Northeast corner of said Southeast Quarter (SE'4); thence westerly along the north line of said Southeast Quarter (SE=A,), a distance of Six Hundred Eleven and Eighty Seven Hundredths (611.87) feet to the northeasterly right -of -way line of Highway No. 11; thence deflecting left 127° 26' 30" and running southeasterly along said right -of -way line, a distance of Eighty One and Ninety Five Hundredths (81.93) feet, to a point of curvature; thence southeasterly along the arc of a curve whose radius is 2,939.79 feet (the long chord of which deflects right 03° 19' 20" from the last described course), a long chord distance of Three Hundred Forty and Eighty Five Hundredths (340.85) feet; thence deflecting left 89' 42' 30" from the long chord of the last described curve and running northeasterly a distance of four hundred forty four and thirty eight hundredths (444.38) feet to the east line of said Southeast Quarter (SE's); thence northerly along the east line of said Southeast Quarter (SE'_) a distance of Ninety line and Sixty Four Hundredths (99.64) feet to the place 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 *.he 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 Acknowledgement was made prior to the execution of the Deed of Trust. Executed and delivered this +th day of December , 19 s5 . ustor John W. Bixenmann, Jr. r for State of Nebraska ) Lucy Bixenmann ss. County Of Hall ) The foregoing instrument was acknowledged before me this 4th day of December , 19_r_, by John W. Bixenmann. Jr. and Lucy Rixertmann husi ind jnj :f Witness my hand and notarial seal at :I-and Island, t;ebra,;ka in said County, the date aforesaid. My commission expires: ui c g r y 0000!b iAia4 ` �MM, EiF 9h ti t =r k $4aA