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I $7... 145~8 Deed of Trust Acknowledgement yft, lames D. Penwell and Sandra S. Penwell.Husband and ,( "Trustor") under that certain Wife as Joint Tenants Deed of Trust dated September 2. 1987 ( "Deed of Trust ") to be entered into among Trustor, First American Title Insurance Company ( "Trustee) and Security Pacific Finance Corgoration ( "Beneficiary") hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by Trustor Is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. Trustor acknowledges that this Acknowledgement was made prior to the execution of the Deed of Trust. Executed and delivered this 2nd day of September 19 87 . 2 Trust9v /J Q Trustor State of Nebraska j ss. County of Hall ) The foregoing instrument was acknowledged before me this 2nd day of Sept mh P p-r s 1957 by TAMP@ Tl Penwell and Sandra S RpnwA1l Witness my hand and notorial seal at rrnnd TO and in said County, the date aforesaid. /J/f NlyCommissionexpires: ii00MN � OR Notary Public !The Northeast 34 of Lot 14 and Lot 15,except the Northeast 20 fee thereof,in Block 3,Second Addition to Holcomb's Highway Homes Subdivision to the City of Grand Island,Hall County Nebrask more ,garticularlY de$cribed as follows:Coamiencing at the Southwesterly come of said Lot 1 thence :Northeasterly slopg the Northerly right -of -way of Wyandotte Street for x42.30 Feet,to the point of beginning,theace Northwesterly and parallel to the Westerly pproperty line of said Lot 14 or 116.1 feet to a oint oa the Nortthhe 1 o e ty line f said Lot ir+ thence Nor hea to 1 10 th No theri; property l no of said Lot 14 oar � .� Feet to tie Northeaster .Ly corner or said 'I i5 & 21.1 feet to the Northwesterly corner of said Lot 15,thence Northeasterly along the Northerly property line of e id lot 15 for 55.00 feet to a 20 feet westerly from the Northeasterl corner of said Lot 15, thence southeasterly and parallel to the Easterly property line of said Lot �5 for 138.2 feet to a point on the Northerly right -of -wa of Wyandotte Street thence Southwesterly along the Northerly right -of -way of Wyandotte Street 105.3 feet to the Point of Beginning. mri � u ,.._