87101907 - Laserfiche WebLink

Browse

F ACKNOWLEDGEMENT 87.. 101907 agyyre j,� cs�ra AM SUM p_ 1302M , and -,; f- ( "Trustor' under that certain Deed of Trust dated April 3. 1987 A" Deed of Trust") to be entered into among Trustor, FirsTler Bank, National Association, Omaha, Nebraska ( "Trustee ") and FirsTler Bank, National Association, Omaha, Nebraska ( "Beneficiary") covering the following described property: LEGAL DESCRIPTION: All of Block Five (5), Unit One (1), Continental Gardens, an Addition to the City of Grand Island, Hall County, Nebraska, less that portion sold to the City of Grand.Island, described as: Beginning at the junction of the Fast line of Webb Road and the South line of College Street, said point also being the Northwest corner of Unit 1, Block 5, Continental Gardens Subdivision; thence proceeding East along the South line of College Street for a distance of 8.85 feet; thence deflecting right in a Southwesterly direction to a point 5 feet South of and 4 feet Fast of the Northwest corner of Unit 1, Block 5, Continental Gardens Subdivision; thane deflecting left 4 feet from and parallel to the Fast line of Webb Road for a distance of 6 feet; thane deflecting right, perpendicular to the East lire of Webb Road for a distance of 4 feet; thence deflecting right along the East lire of Webb Road for a distance of 11 feet to the point of beginning. hereby acknowledge that it is understood that (a) the Deed of Trust to be excuted 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 dif- ferent 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 State of Nebraska ) ) ss. County of Douglas ) 3rd day of April 19 87 i' Tru L. Bel sto Edward gr '_e� to Trustor Sandra P. Belgrade