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- �� B - � � e N � � � = - - ��1 � � - r°° re G � � � F!7 � � Prepared By: Chetry Creek Mortgage Co., nc 7600 East Orchazd Road, Su te 0-N Greenwood V'illage, CO 80111 Record and Return to: Ist Reverse Mortgage, USA 3609 S. Wadsworth Blvd Suite 380 �r.a c� r ---• 2 �v A ;� �b �lo r � � � . � � ° � � � �� C� � c �; L' � �J l � � rri .a o �� f-.' � v �� _.r: � i�y� �] v1/ �.� � "� � � C D Z -� � rn � o o � � Z -?- m I� CA r zi r r> v� � y ._.. � V • � Lakewood, CO 80235 Arin: Final Docs [Space Above This Line For Recording Data] State of NEBRASKA FHA Case No. 321-3095591-951 Loan No. 907903210 MIN: 1000302-0907903210-7 FII�ED RATE HOME EQUITY CONVERSION SECOND DEED OF TRUST THIS INSTRUMENT IS A DEED OF TRUST WHICH SECURES FUTURE ADVANCES THIS DEED OF TRUST ("Security InshumenY' or "Second Security InstrumenY') is made on March 29, 2012. The tcustor is HenryA. Polak and Maxine M. Polak, husband and wife as joint tenants, whose address is 3946 Reuting Road, Grand Island, Nebraska 68803 ("Boaower"). The trustee is the SEIVIOR OFFICIAL WITH RESPONSIBILII'Y FOR SINGLE FAMILY MORTGAGE INSURANCE PROGRAMS IN THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FIELD OFFICE WITH JURISDICTION OVER THE PROPERTY DESCRIBED BELOW, OR A DESIGNEE OF THAT OFFICIAL ('Trustee"). The beneficiary is the Secretary of Housing and Urban Development, whose address is 451 Seventh SVeet, SW, Washington, DC 20410 ("Lender" or "Secretary"). Boaower has agreed to repay to Lender amounts which L,ender is obligated to advance, including future advances, under the terms of a Home Equity Convecsion Loan Agreement dated the same date as this Security Instrument ("Loan Agreement"). The agreement to repay is evidenced by Borrower's Fixed-Rate Note dated the same date as this Security Insmtment ("Second Note"). This Security Instnunent secures to Lender: (a) the repayment of the debt evidenced by the Second Note, with interest at a fixed rate (interest), and all renewals, extensions and modificarions ofthe Note, up to a maxirnum principal amount of One Hundred Thirty'Itvo Thousand Dollars and Zero Cents (U.S. $132,000.00); (b) the payment of all other sums, with interest, advanced under paragraph 5 to protect the security of tivs Security Instrument or otherwise due under the terms of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Inshument and the Second Note. The full debt, including amounts described in (a), (b), and (c) above, if not due earlier, is due and payable on September 18, 2083. For this pur�wse, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following descn'bed property located in HALL County, NEBRASKA: See legal descripNon as Eghibit A attached hereto and made a part hereof for all intents and purposes which has the address of 3946 Reuting Road. Grand Island, Nebraska 68803, ("Properiy Address") TOGETHER W ITH all the improvements now or hereaRer erected on the property, and all easements, rights, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument All of the foregoing is referred to in tivs Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized ofthe estate hereby conveyed and has We right to grant and convey the Properiy and that the Properry is only encumbered by a First Security Instrument given by Borrower and dated the same date as tlus Security Instrument ("First Security Insirument"). Bonower warrants and will defend generally the tide to the Property against all claims and Pege 1 of 8 HECM Seco� L1ced of Truat 11 °� ;; X � N 0 N N L� N Q� CD W � �v l �