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ACKNDW <br />r <br />87-_ 142356 <br />I /WE, FRANK L. NICKEL JR. and CYNTHIA K. NICKEL HUSBAND AND WIFE ('TRUSTOR'), <br />under that certain Deed of Trust dated April 27 th, 19 87 , ('Deed of Trust') <br />to be entered into among Trustor, TICOR TITLE INSURANCE COMPANY ('Trustee') <br />and SUPERIOR MORTGAGE INC P . BOX "S" GRAND ISLAND NE 68802 ('Beneficiary') <br />covering the following property: <br />LEGAL DESCRIPTION: <br />€ PART OF LOT FIVE (5), BLOCK TWO (2), WESTERHOFF'S FIRST SUBDIVISION IN THE CITY OF GRAM ISLAND, <br />HULL COUNTY& NEBRASKA; MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER <br />f' OF SAID LOT FIVE (5) RUNNING EASTERLY ALONG AND IRON THE SOUTHERLY LOT LINE OF SAID LOT FIVE (5) <br />A <br />TO DISTANCE OF EIGHT (8) FEET TO THE ACTUAL POINT OF BEGINNING, THEME RUNNING NORTHERLY PARALLEL <br />WESTSSIIDE WESTERLY STREET, THENCE YRUNNING FEASTERLY TALONG ND UPON ATHE KSOUTHERILYY BOU(1NDARYYLI BOUNDARY LINE STREET <br />A DISTANCE FIFTY SEVEN (57) FEET; THENCE RUINING SOUTHERLY PARALLEL TO THE WEST BOUNDARY LINE OF <br />SAID LOT FIVE (5) TO A POINT ON THE SOUTHERLY BOUNDARY LINE OF SAID LOT FIVE (5); THENCE RUNNING <br />WESTERLY ALONG AND UPON THE SOUTHERLY BOUNDARY LINE OF SAID LOT FIVE (5) A DISTANCE OF FIFTY SEVEN <br />(57) FEET TO THE POINT OF BEGINNING. <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a trust <br />deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides <br />substantially different rights and obligations to the Trustor than a mortgage in the event of a <br />default or breach of obligation. <br />Trustor acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed and delivered this 27 th day of April , 19 87 <br />_ <br />ruT star —F :T— <br />us r X NICKEL <br />State of Nebraska ) <br />County of Hall ;ss. <br />The foregoing instrument was acknowledged before me this 27 th day K. <br />of April , 19 87 , by Frank L.Nickel Jr and Cynthia K Nickel. --band and <br />wife e <br />Witness my hand and notarial seal at Grand Talanri <br />County, the date aforesaid. �.�,.. in said <br />My commission expires: A LAM <br />�0. <br />y u c <br />