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<br />'repared By: Cherry Creek Mortgage Co., Inc.
<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 500
<br />Lakewood, CO 80235
<br />Attn: Final Docs
<br />State of NEBRASKA
<br />Page 1 of 11
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<br />ADJUSTABLE RATE
<br />HOME EQUITY CONVERSION DEED OF TRUST
<br />[Space Above This Line For Recording Data]
<br />FHA Case No. 321- 3516354 -962
<br />Loan No. 907909826
<br />MIN: 1000302-0907909826-4
<br />THIS INSTRUMENT IS A DEED OF TRUST WHICH SECURES FUTURE ADVANCES
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on November 9, 2016. The trustor is Phyllis
<br />Anderson, an unmarried woman , whose address is 319 E 17th Street, Grand Island, Nebraska
<br />68801 ( "Borrower "). The term "Borrower" does not include the Borrower's successors or assigns. The
<br />trustee is First American Title, Claims National Intake Center, Santa Ana, CA 92707 ( "Trustee ").
<br />The beneficiary is Mortgage Electronic Registration Systems Inc. ( "MERS "), which is organized
<br />and existing under the laws of Delaware, and whose address is Delaware. Cherry Creek Mortgage
<br />Co., Inc. is organized and existing under the laws of Colorado, and has an address of 7600 East
<br />Orchard Road, Suite 250 -N, Greenwood Village, CO 80111 ( "Lender "). Borrower has agreed to
<br />repay to Lender amounts which Lender is obligated to advance, including future advances, under the
<br />terms of a Home Equity Conversion Loan Agreement dated the same date as this Security Instrument
<br />( "Loan Agreement "). The agreement to repay is evidenced by Borrower's Adjustable -Rate Note dated
<br />the same date as this Security Instrument ( "Note "). The beneficiary of this Security Instrument is
<br />MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and
<br />assigns of MERS. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
<br />by the Note, with interest at a rate subject to adjustment (interest), and all renewals, extensions and
<br />modifications of the Note, up to a maximum principal amount of One Hundred Ninety Two
<br />Thousand Dollars and Zero Cents (U.S. $192,000.00); (b) the payment of all other sums, with
<br />interest, advanced under paragraph 5 to protect the security of this Security Instrument or otherwise due
<br />under the terms of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. The full debt, including amounts described in
<br />(a), (b), and (c) above, if not due earlier, is due and payable on March 6, 2078. For this purpose,
<br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following
<br />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 />319 E 17th Street, Grand Island, Nebraska 68801, ( "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 />HECM First Deed Of Trust -2015
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