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<br />Prepared By: Cherry Creek Mortgage Co., Inc. M C
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<br />7600 East Orchard Road, Suite 250-N
<br />® Greenwood Village, CO 80111
<br />® Record and Return to: 1st Reverse Mortgage, USA
<br />3609 S. Wadsworth Blvd Suite 380
<br />Lakewood, CO 80235
<br />Attn: Final Docs
<br />[Space Above This Line For Recording Data]
<br />State of NEBRASKA
<br />FHA Case No. 321-3095591-951
<br />Loan No. 907903210
<br />MIN: 1000302-0907903210-7
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<br />FIXED RATE
<br />HOME EQUITY CONVERSION DEED OF TRUST
<br />THIS INSTRUMENT IS A DEED OF TRUST WHICH SECURES FUTURE ADVANCES
<br />THIS DEED OF TRUST ("Security Instrument") is made on March 29, 2012. The ttustor is Henry A.
<br />Polak and Maxine M. Polak, husband and wife as joint tenants, whose address is 3946 Reuling
<br />Road, Grand Island, Nebraska 68803 ("Borrower"). The trustee is First American Title Insurance
<br />Company, 7360 Bryan Dairy Road #200, Largo, FL33777 ("Trustee"). The beneficiary is Mortgage
<br />Electronic Registration Systems Inc. ("MERS"), which is organized and existing under the laws of
<br />Delaware, and whose address is Delaware. Cherry Creek Mortgage Co., Inc. is organized and
<br />existing under the laws of Colorado, and has an address of 7600 East Orchard Road, Suite 250-N,
<br />Greenwood Village, CO 80111 ("Lender"). Borrower has agreed to repay to Lender amounts which
<br />Lender is obligated to advance, including future advances, under the terms of a Home Equity
<br />Conversion Loan Agreement dated the same date as this Security Instrument ("Loan Agreement"). The
<br />agreement to repay is evidenced by Borrower's Fixed-Rate Note dated the same date as this Security
<br />Instrument ("Note"). The beneficiary of this Security Instrument is MERS (solely as nominee for
<br />Lender and Lender's successors and assigns) and the successors and assigns of MERS. This
<br />Security Instrument secures to Lender. (a) the repayment of the debt evidenced by the Note, with interest
<br />at a fixed rate (interest), and all renewals, extensions and modifications of the Note, up to a maximum
<br />principal amount of One Hundred Thirty Two Thousand Dollars and Zero Cents (U.S.
<br />$132,000.00); (b) the payment of all other sums, with interest, advanced under paragraph 5 to protect
<br />the security of this Security Instrument or otherwise due under the terms of this Security Instrument; and
<br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the
<br />Note. The full debt, including amounts described in (a), (b), and (c) above, if not due earlier, is due and
<br />payable on September 18, 2083. For this purpose, Borrower irrevocably grants and conveys to Trustee,
<br />in trust, with power of sale, the following described property located in HALL County, NEBRASKA:
<br />See legal description as Exhibit A attached hereto and made a part hereof for all intents and
<br />purposes
<br />which has the address of
<br />3946 Reuling Road, Grand Island, Nebraska 68803, ("Property Address")
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, and fixtures now or hereafter a part of the property. All replacements and
<br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this
<br />Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title
<br />to the interests granted by Borrower in this Security instrument, but, if necessary to comply with law or
<br />custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise
<br />any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and
<br />to take any action required of Lender including, but not limited to, releasing and canceling this Security
<br />Instrument.
<br />Page I of 8 HECM First Deed of Thid
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