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<br /> <br /> <br />L <br /> <br />I <br /> <br />88- <br /> <br />101887 <br /> <br />ACKNOWLEDGEMENT <br /> <br />The undersigned, J.I.L. ASPHALT PAVING CO., formerly known <br /> <br />as J.I.L. CONST. CO., INC., identified as "Trustor" under a <br /> <br />certain Amended Deed of Trust dated --.&2ril 13 <br /> <br />, 1 988, to be <br /> <br />entered into among Trustor; Arend R. Baackr Attorney at Law, <br /> <br />"Trustee" ~ and The Overland National Bank of Grand Islandr <br /> <br />IIBeneficiary", hereby acknowledges that this Acknowledgement ~s <br /> <br />made prior to its execution of that Amended Deed of Trust in <br /> <br />respect to that real estate described as: <br /> <br />Lot One (1) and the Westerly Forty (40) acres <br />of Lot Two (2), All in section One (1), <br />Township Ten (10) North, Range Ten (10) West <br />of the sixth (6th) Principal Meridian,Hall <br />County, Nebraska: <br /> <br />and that it knows and understands that (a) the Amended Deed of <br /> <br />Trust to be executed by Trustor is a Trust Deed and not a Mortgage <br /> <br />and (b) that the power of sale provided for in the Amended Deed <br /> <br />of Trust provides essentially different rights and obligations to <br /> <br />the Trustor than a Mortgage in the event of default or breach of <br /> <br />obligation. <br /> <br />IN WITNESS WHEREOF, the undersigned has executed this <br />Acknowledgement on this J:.3 day of ~A~./ ,1988. <br /> <br /> <br />J.I.L. ASPHALT PAVING CO., <br />Formerly Known As <br />J.I.L. CQNST. CO., IN~ <br /> <br /> <br />BY~~n~ ~ <br /> <br /> <br />"Trustor" <br /> <br />-1- <br /> <br />L <br /> <br />-.J <br /> <br />L <br />