"the state now becomes liable for all the CLAIMS against the NAME THEY hold title to."
liable= surety. claims = liens.
acknowledge v. 1) generally to admit something, whether bad, good or indifferent. 2) to verify to a Notary Public or other officer (such as a County Clerk) that the signer executed (wrote, signed) the document like a deed, lease, or power of attorney, to make it certified as legal and suitable for recording.
Printed copy · Anthology Volume 3, page 1360Printed copy from The Tender For Law Anthology, Volume 3, page 1360 (printed 13 June 2014). Added by this site; not part of the Facebook export.